HYDERABAD: Hyderabad has the potential to become a “global life sciences capital” from a “global vaccine capital”, Chief Minister A Revanth Reddy said on Tuesday.
Inaugurating BioAsia 2026 at HITEX along with IT and Industries Minister D Sridhar Babu, the chief minister said Telangana had attracted over `73,000 crore in life sciences investments over the past two years, reflecting the state’s growing role in the sector.
He said BioAsia showcased Hyderabad’s rising profile in global life sciences and expressed confidence that the summit would gain international recognition comparable to the World Economic Forum in Davos.
Referring to the scale of participation, Revanth said the conference could eventually be rechristened “Bio-World” to reflect its global reach.
Highlighting Telangana’s strengths, the chief minister pointed out that the state had a clear policy framework, skilled workforce and strong educational institutions.
He noted that Hyderabad had emerged as a key hub for Global Capability Centres, particularly in research and design.
The chief minister referred to the Telangana Next-Gen Life Sciences Policy, the rollout of 1Bio as a research and innovation initiative, and the development of Green Pharma City. Hyderabad was moving up the value chain, from bulk drugs to biologics and from manufacturing to innovation, he said.
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“Hyderabad is the preferred destination to set up GCCs, design molecules and drugs, manage clinical analytics, develop AI platforms and drive digital manufacturing,” Revanth said.
The 23rd edition of BioAsia, Asia’s life sciences and health-tech forum, saw participation from over 4,000 delegates representing 500 companies from across the globe. The summit, themed “TechBio Unleashed: AI, Automation and the Biology Revolution”, brought together leaders from industry, research, investment and policy.
During the event, Bruce L Levine, Professor at the Perelman School of Medicine, was presented with the Genome Valley Excellence Award for his contributions to cancer gene therapy.
On the sidelines, the chief minister met leadership teams from Miltenyi Biotec, Sanofi, MSD and Takeda, along with the Consul General of Indonesia and representatives of Vaksindo. D Sridhar Babu held discussions with leaders from the National Institute for Bioprocessing Research and Training and Google DeepMind on potential collaborations.
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