IOCB Tech, Prague.bio Association, and other prominent Czech companies inaugurated the Czech booth at the prestigious international event, Bio International Convention. This is the largest biotech event of its kind in the world, regularly attracting around 20,000 participants from over thirty countries. The official opening was attended by representatives from the Ministry of Industry and Trade, the Czech Embassy in the United States, and CzechTrade agency.
“Not all countries have national representations at this event. The fact that the Czech Republic has a booth at such an important conference indicates that Czech companies focusing on biotech and medtech have much to offer, even in such a demanding international environment, and that Czech science is on a world-class level,” said Jan Chmelík, Science Diplomat at the Czech Embassy in Washington.
As with last year, the Czech booth was made possible through the support of the Ministry of Industry and Trade under the Czech Official Participation program. The national pavilion was organized by CzechTrade, which handled all logistics of the booth construction and supported the companies throughout the fair. Markéta Šebelová, a representative of CzechTrade, added, “The American office of CzechTrade has long supported companies in exporting and expanding into the world’s most demanding market. Czech exporters are increasingly eager to expand into the US market, to which we are responding by strengthening our American offices to support Czech companies offering state-of-the-art technologies and innovative products.” The agency opened an office in Austin, Texas, last year and plans to establish a presence in San Francisco by the end of this year.
“The Czech industry and science have great potential. Entering foreign markets is not easy. Therefore, we help Czech companies participate in important events like the international BIO,” explained Rudolf Klepáček, Director of the Export Support Department at the Ministry of Industry and Trade.
The Czech Republic at BIO International is represented by the Prague.bio Association and IOCB Tech, a subsidiary of the Institute of Organic Chemistry and Biochemistry, which focuses on technology transfer and seeks commercial partners in San Diego for the development of several drug development projects. Other companies presenting at the Czech booth include AbCheck, specializing in new drug development, the chemical-pharmaceutical company Apigenex, the incubator i&i Prague, MediTox focusing on preclinical testing, Oncomed Manufacturing specializing in filling specialized injections, Deep Medchem working with artificial intelligence in drug development, and Santiago Chemicals producing custom molecules.
“An idea is one thing. Its practical application is another. For success, dialogue between science and business is crucial, which is also the mission of BIO International Convention,” mentioned Martin Fusek, CEO of IOCB Tech.
BIO International Convention is the largest and most significant business meeting in the biotechnology and pharmaceutical field globally. The event focuses on the commercial aspects of biotechnology, innovation support, research, and the development of the biotechnology industry. During this event, B2B interactions, technology presentations, discussions, workshops, and exhibitions concerning the current state and future of biotechnology are held. Participants have the opportunity to make new contacts, share knowledge, and find new business opportunities and partnerships.