Minister for IT and Industries KT Rama Rao informed that the World Health Organisation will set up an mRNA (messenger ribonucleic acid) vaccine hub in Telangana. mRNA is becoming a promising technology to address a growing number of infectious diseases.
Minister for IT and Industries KT Rama Rao informed about various steps being taken by the state government to promote the life sciences sector the government has a target of making the industry worth USD 100 billion from USD 50 billion in 2021 and the workforce from the existing four lacks to eight lacks in the next five years.
WHO To Set Up mRNA Vaccine Hub in Hyderabad – Key Points
- The Minister informed that WHO is keen to set up the hub in Hyderabad and hopefully it will happen soon.
- Rama Rao also noted that more than USD 3 billion worth of investments and trade took place during the past 19 editions of BioAsia, a flagship annual life sciences convention, and the 20th edition is set to be held from February 24 to 26.
- Trade and investment to an extent of USD 3 billion have been announced during the past 19 editions and over 250 letters of intent, bilateral cooperation agreements, and MoUs have been signed.
- According to Minister for IT and Industries KT Rama Rao, BioAsia hosted delegates from over 100 countries during the event in Hyderabad which helped in showcasing the ecosystem and policies to the global leaders, while over 20,000 partnering meetings have also been held.