Conference delegates heard about opportunities in the Island’s growing biomed sector, biomed innovation around the world and implications for the Island’s health and social care strategy and in addition to speakers outlining the latest international thinking in such topics as biomarkers and diagnostics, there was local interest in discussions on sequencing of the Manx cat genome and Chris Corlett, CEO of the Department of Economic Development and Dr Malcolm Couch, CEO of the Department of Health and Social Care spoke about the Island’s strategy towards the sector and health provision on the Island. Representatives from the already thriving Manx Biomed Sector, comprising companies who manufacture medical devices, provide services worldwide and successfully produce and market innovative solutions that are recognised internationally, outlined the nature of their business activities and why they choose to live and work on the Isle of Man. A panel of international investors to discussed “What it Would Take for Investors to Allocate More of Their Capital into Isle of Man Based Biomed Companies” and a panel of entrepreneurs who are considering the Isle of Man as a potential location to develop their projects and establish their business discussed the attractions and barriers for location on the Island.
The Island’s excellent package of personal and business attractions means that innovators, investors and entrepreneurs have gravitated here generating a highly-successful and diversified economy. This existing range of companies has many beneficial consequences including the growing number of partnerships between companies and the development of new products. Not surprisingly, the Isle of Man’s high-tech infrastructure has itself encouraged companies to grow their product ranges, using software, telecommunications and even the sophisticated manufacturing sector to leverage their products. The Conference brought together those at the forefront of biomedicine internationally with the growing, diverse and increasingly high-tech Manx business community.
You can find out more about the conference and view presentation slides at: www.manxbiomed.im