HKETO, Washington DC promotes Hong Kong as hub for life and health sciences
The Hong Kong Economic and Trade Office in Washington, DC, (HKETO, Washington DC), hosted on April 24 (Washington time) a briefing on opportunities in Hong Kong's life and health sciences industry.
The event, entitled "Hong Kong: Current Landscape and Development Opportunities in the Life Sciences Sector", was held under the Economic and Trade Express initiative. It was jointly organised by Invest Hong Kong (InvestHK) and the Hong Kong Trade Development Council (HKTDC) New York Office. The event featured a presentation by co-founder of ElohaX, co-director of the University of Hong Kong-Cambridge AI to Advance Wellbeing and Society Research Platform and Visiting Associate Professor at the University of Cambridge, Professor Jacqueline Lam, on leveraging the strength of Hong Kong being a global "super connector" as well as a hub for converging talent, AI innovation and translational research that successfully transforms research into commercialisation.
The event was attended by members of the Washington Intergovernmental Professional Group and locals from various sectors, including life and health science professionals, federal and local government representatives of the United States (US), think tanks, businesses and other private sector entities.
The Director of the HKETO, Washington DC, Ms Elania Luk, said that with Hong Kong's prominent status as an international financial centre and international innovation and technology (I&T) centre, good human capital (including world-class education institutions and top talent attraction programmes), holistic government support and a strong business and start-up presence, Hong Kong is poised for strong growth in the life and science sector.
"Hong Kong is the second-largest biotech funding hub globally, following only New York. Our listing rules allow pre-revenue companies to list and raise capital.In addition, Hong Kong is home to five of the world's top 100 universities with a world-class research landscape supported by the Hong Kong Science Park and the Hong Kong Park of the Hetao Shenzhen-Hong Kong Science and Technology Innovation Co-operation Zone.
"Hong Kong is actively advancing the integrated development of life and health technology at upstream, midstream and downstream levels.On upstream research and development (R&D), we will pursue its development through Life and Health Technology Research Institute and various R&D centres under the InnoHK research clusters.On midstream outcome transformation, the Research, Academic, and Industry Sectors One-plus Scheme has supported 15 projects.As for downstream industries, three major I&T parks together host nearly 500 relevant enterprises and organisations, creating a vibrant ecosystem," Ms Luk added.
The Head of Business and Talent Attraction/Investment Promotion at InvestHK New York Office, Ms Xie Yi, spoke of how the office can provide bespoke services to US companies wishing to set up or expand their operations in Hong Kong to capitalise on regional markets and shared success stories of life and health sciences companies using Hong Kong as a platform for business development and expansion.
The Director (New York & Midwest) of the HKTDC, Mr Curtis Louie, introduced how the Asia Summit on Global Health - one of Hong Kong's flagship exhibition events which will take place on May 11 and 12 - would be relevant for American businesses and how the office's support services and strong networks can facilitate commercial and market opportunities.
Professor Lam shared how ElohaX seeks to improve health and quality of life through AI innovation, particularly with regard to research and therapy for Alzheimer's disease. She spoke of Hong Kong being a launch pad for interdisciplinary AI innovation.
Attendees also enjoyed an exhibition of curated paintings under the theme of "Hong Kong: Our Home". The paintings were commissioned by the Social Welfare Department under the Arts Development Fund for Persons with Disabilities, in collaboration with various non-governmental organisations. The paintings, among other things, exemplify Hong Kong's efforts in unleashing the potential of persons with disabilities in artistic activities and their contribution to society.
The Hong Kong Economic and Trade Office in Washington, DC, hosted a forum on April 24 (Washington time) to promote opportunities in the city's life and health sciences industry. The event was attended by members of the Washington Intergovernmental Professional Group and professionals from various sectors, including life and health sciences, federal and local governments, think tanks, business organisations, and private sector entities. Source: HKSAR Government Press Releases
The Hong Kong Economic and Trade Office in Washington, DC, hosted a forum on April 24 (Washington time) to promote opportunities in the city's life and health sciences industry. Attendees viewed an exhibit curated paintings under the theme of "Hong Kong: Our Home", which were commissioned by the Social Welfare Department under the Arts Development Fund for Persons with Disabilities, in collaboration with various non-governmental organisations. Source: HKSAR Government Press Releases
The Hong Kong Economic and Trade Office in Washington, DC (Washington ETO) hosted a forum on April 24 (Washington time) to promote opportunities in the city's life and health sciences industry. Photo shows speakers the Director of the Washington ETO, Ms Elania Luk (second right); the President of the Washington Intergovernmental Professional Organization, Mr Nelson Garcia (centre); the Head of Business and Talent Attraction/Investment Promotion at InvestHK New York Office, Ms Xie Yi (first right); the Director (New York & Midwest) of the HKTDC, Mr Curtis Louie (first left); and co-founder of ElohaX, Professor Jacqueline Lam (second left). Source: HKSAR Government Press Releases
The Hong Kong Economic and Trade Office in Washington, DC (Washington ETO) hosted a forum on April 24 (Washington time) to promote opportunities in the city's life and health sciences industry. The Director of the Washington ETO, Ms Elania Luk, spoke of Hong Kong's competitive advantages, developments in the innovation and technology sector, and the opportunities for investment and collaboration. Source: HKSAR Government Press Releases
