26/06/2014

NI Firms Support BIO International Convention

Enterprise, Trade and Investment Minister Arlene Foster has supported local companies taking part in the world’s leading life sciences exhibition, BIO International Convention in San Diego.

Thirteen Northern Ireland companies and organisations are taking part in The Bio International Convention, which is attended by exhibitors from around the world. This year, over 28,000 partnering meetings are scheduled to take place during the event.

Arlene Foster said: "Exhibitions like BIO are excellent opportunities for local businesses to establish new trade relationships, collaborative research opportunities and also to promote Northern Ireland as an investment location for the life sciences sector.

"Northern Ireland is becoming recognised as a centre of expertise for life sciences and connected health. Currently the sector employs over 5,700 people and it also accounts for 10.4% of Northern Ireland exports. Our companies and academic institutions are working with partners across Europe and the US to develop solutions for the 21st century healthcare market."

During the visit to The Bio Convention, the Minister announced that Invest NI is to recruit a new member of staff who will focus on identifying opportunities for Northern Ireland in research collaboration, investment and exports within the life sciences sector.

(CD)

Related Northern Ireland Business News Stories
Click here for the latest headlines.

22 March 2024
Northern Ireland's Best Areas For Broadband Revealed
West Belfast has been named the Northern Ireland area with the best broadband, according to a new study. The experts at Getac – Rugged Computing Solutions analysed data from Ofcom Connected Nations 2023 to reveal the spots with the best broadband.
26 September 2013
Sponsors Announced For The Northern Ireland Investment Conference
Enterprise Minister Arlene Foster has announced Danske Bank and British Airways as joint sponsors of the Northern Ireland Investment Conference. Organised by Invest Northern Ireland on behalf of the NI Executive, the conference will be held from 10-11 October at Titanic Belfast.
26 November 2001
Minister consults on open-ended investment companies
The Minister for Enterprise, Trade and Investment has pledged a commitment from his department to providing a modern financial services regulatory framework in Northern Ireland relevant to the needs of local investment firms and investors.
26 January 2010
UK Broadcasters 'Failing NI'
There is broad support today to the damning conclusions of this morning's Northern Ireland Affairs Committee report 'TV Broadcasting in Northern Ireland'.
26 August 2010
NAMA Applauded At Stormont
There has been high-level support expressed for the work of the Irish Republic's National Asset Management Agency, (NAMA) and its impact on NI finances.