BIO International Convention 2024 Wrap Up

All eyes were on San Diego, California last week, where the BIO International Conference 2024 was being held, and it was a huge event for Australia’s life science community. The Team Queensland delegation included Federal Minister for Industry and Science Ed Husic MP, LSQ Chair Trent Munro, and 100 delegates from 57 organisations, who joined their compatriots from around Australia to represent our $250 billion industry to the 18,500 other attendees from all over the world.

The BIO International Conference is the largest and most comprehensive biotechnology event in the world, featuring industry leaders giving fantastic presentations, product and research displays from the most innovative businesses, and huge networking efforts that allowed us to get the word out about what our country offers. The Conference rolled out a new matchmaking platform this year that gave attendees the ability to schedule meetings with others, which ended up facilitating over 60,000 partnering meetings across the four days! Our Queensland delegates were hard at work in these meetings, making sure the world knows that Australia:

• is one of the largest life sciences industries in the southern hemisphere;
• is one of the top 10 countries in the world for contributions to life sciences research;
• has a high-quality and innovative healthcare system that supports a world-class medical research sector;
• has over $22 billion in federal funding for medical industry development;
• has one of the strongest tax incentives in the world, providing a tax offset of up to 43.5% on eligible R&D expenditure.

Not to mention Queensland’s incredible livability, talented local workforce, and gorgeous local area!

We’d like to sincerely thank Ed Husic MP and the Queensland Government’s State Development & Infrastructure office for arranging the delegation, as well as the team behind BIO for creating such a wonderful environment for development and collaboration.

If you’d like to know more about our time on the ground at BIO, you can follow our LinkedIn page by clicking here.

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Image source: Tamlyn O'Connor of MPTConnect