With expansion a prime focus for businesses
worldwide, many are looking towards rapidly establishing new regions of
growth, particularly in Asia.
The latest business developments from across Asia by Heather Hobbs To appear in our next issue, send your Business and Financial News stories to
heather@intlabmate.com
UK and Australia forge Space Race Partnership
will allow our most innovative space businesses and universities to collaborate and share best practice more effectively than ever.”
Minister for Exports, Graham Stuart MP commented: “Space exports hit £5.5 billion in 2017 and it is this international demand for our space goods and services which is driving the development of the UK’s vibrant and innovative space industry. Like the UK, Australia recognises the enormous potential of space science and recognises that closer partnership and alignment between our two sectors can boost progress and jobs in both countries. I believe that UK exports to Australia could grow by £900 million as a result of a Free-Trade Agreement and the Space Bridge programme can play a critical role in space contributing to this growth and further strengthening of our UK-Australia relationship.
UK Minister for Science, Research and Innovation Amanda Solloway at the Space Bridge Framework signing.
The world’s fi rst Space Bridge partnership announced recently by the UK and Australia, set to increase trade, investment and academic research opportunities, will also offer better advice and support to businesses in both countries which share similar ambitions for the size and job creation potential of the sector. This agreement will further develop the longstanding relationship between the two countries which dates back to the 1970s when the Prospero satellite built in Farnborough, UK, launched from Woomera, South Australia.
At the ceremony, UK Science Minister Amanda Solloway said: “The signing of today’s Space Bridge partnership, a world’s fi rst, with one of our closet international allies, is another step forward in our ambition for the UK to become a globally-competitive space power. The bond
“Australia is infl uential in the Indo-Pacifi c and a Free-Trade Agreement will help us pivot towards this dynamic area of the world. This will help diversify our trade, make our supply chains more resilient and make the UK less vulnerable to political and economic shocks.”
Enrico Palermo, Head of the Australian Space Agency said: “The Space Bridge Framework Arrangement will help propel the Australian civil space industry into its next phase of growth, opening doors to build local capability, as well as signifi cantly boost our collaboration with the UK Space Agency.
The space sector is one of the fastest-growing UK sectors and aims to create 30,000 new jobs by 2030. The Australian space sector is also growing with up to 20,000 new Australian jobs expected by 2030.
More information online:
ilmt.co/PL/OkDl 55100pr@reply-direct.com
Agreement Provides rHA Source to Japan and China Recombinant human albumin (rHA) developer Albumex Ltd have
announced a distribution agreement with reagent supplier Fujifi lm Wako Pure Chemical Corporation (Fujifi lm Wako) in Japan and China including Hong Kong.
“With this partnership, Albumedix gains a valued and experienced partner with an established presence in Japan and China. Fujifi lm Wako is highly experienced in the advanced therapy and biopharmaceutical space, where Albumedix products have proven to be vital enablers. We look forward to a strong collaboration with Fujifi lm Wako in order to enable the continued development of transformative therapies in the region,” said Gregor Kawaletz, Chief Commercial Offi cer at Albumedix.
“Albumedix’ products are an integral part of the processing and
formulation of advanced therapies and biopharmaceuticals such as vaccines, cell and gene therapies. The high quality and purity along with extensive regulatory documentation and expert support will offer a versatile tool for the customers of Fujifi lm Wako. Fujifi lm Wako will be working through well-established sales channels and mature network of dealers and local representatives, relying on local language and dedicated specialists to broaden the use of Albumedix products and enable the development of therapies and biopharmaceuticals in the respective territories,” said Mr Kuniaki Okamoto, General Manager, Life Science Development Operations.
More information online:
ilmt.co/PL/kY0r 55102pr@reply-direct.com
Business
Opportunities Asia
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