Davos, 17th January (PTI) The World Economic Forum, in partnership with the state government, will launch its first healthcare and life sciences themed center in Telangana.
The Forum announced during its 2023 Annual Meeting that the Center will be an autonomous nonprofit organization leading policy and governance in healthcare and life sciences.
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“India has a unique opportunity to lead healthcare and life sciences in South Asia. C4IR (Centre for the Fourth Industrial Revolution) Telangana – supported by the Forum’s global network of Centers for the Fourth Industrial Revolution – will be the driving force behind stakeholder engagement A key player in the sector, building bridges between the public sector and SMEs, and supporting job creation in the healthcare sector,” said Borge Brende, Chairman of the World Economic Forum.
The partnership agreement was signed by Jeremy Jurgens, Managing Director of the World Economic Forum, and Shakthi Nagappan, CEO of the Telangana Life Science Foundation, the Government of Telangana.
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“I am delighted that the World Economic Forum has chosen Hyderabad as its India hub to establish a Fourth Industrial Revolution hub focused on healthcare and life sciences today.
“I firmly believe that the center is a testament to Telangana’s strong life sciences capabilities and is another step taken by the government to uplift Telangana and the global life sciences ecosystem,” said Telangana Minister KT Rama Rao.
Rao, Telangana’s Minister of Municipal and Urban Development, Industry and Commerce and Information Technology further said, “Life sciences is one of Telangana’s priority areas and I strongly believe this partnership can leverage the current ecosystem to further accelerate the value and growth of Telangana’s life sciences sector. impact on a global scale”.
Shyam Bishen, Head of Healthcare at the World Economic Forum, said: “With its strong track record in vaccine and drug manufacturing and its willingness to leverage Fourth Industrial Revolution technologies, India is emerging as a global healthcare powerhouse”.
C4IR Telangana is the 18th center and the second in India to join the World Economic Forum’s Fourth Industrial Revolution (4IR) network.
The C4IR Telangana program promotes, advances and accelerates the development and adoption of genomics, personalized medicine and healthcare manufacturing technologies, with a focus on the intersection of life science and technology in the region and globally.
(This is an unedited and auto-generated story from a Syndicated News feed, the content body may not have been modified or edited by LatestLY staff)