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US-ASEAN Business Council Life Sciences Working Group Presentation to Thailand Local Area Working Group February 12, 2003 Life Sciences in ASEAN Life Sciences will be one of the leading industry sectors in the new century, promising significant human benefits and economic growth.

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US-ASEAN Business CouncilLife Sciences Working Group

Presentation to

Thailand Local Area Working Group

February 12, 2003


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Life Sciences in ASEAN

  • Life Sciences will be one of the leading industry sectors in the new century, promising significant human benefits and economic growth.

  • With an effective Life Sciences Value Chain in place, countries are able to make significant contributions to the longevity and quality of life of their citizenry, which recent evidence suggests in turn provides a multiplier effect to the economy.

  • The strengthening of niche local capacities along the Life Sciences Value Chain further enhances a country’s economy development.


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Life Sciences Innovation Value Chain

R & D(university and private-industry research labs,

hardware/software for testing/analysis)

Manufacturing

(Pharmaceuticals, Medical Devices,

Consumer Health Products)

Distributors

Insurers(governments and private)

Professionals(pharmacies, hospitals, medical officers..)

Consumers


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3M

Abbott Laboratories

Agilent Technologies

Affymetrix

BMS

Colgate-Palmolive

DuPont

Eli Lilly & Co.

General Electric

IBM

Johnson & Johnson

Kimberly-Clark

Merck & Co.

Pfizer, Inc.

PricewaterhouseCoopers

Schering Plough

Wyeth Pharmaceuticals

USABC Members in Life Sciences


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Life Sciences Working Group Mission Statement

The Council’s Life Sciences Working Group will discuss

policy ideas, share expertise, and enhance the flow of

information regarding Life Sciences issues and trends to

all relevant public and private sector agencies in the

ASEAN countries.


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Recognizing & Rewarding Innovation

To foster recognition and the social and economic rewards for

innovation in the Life Science sector, this coalition of Life

Sciences companies will engage relevant ASEAN agencies

on a bilateral basis in:

  • Promotion of the development of innovative Life Sciences goods and services in ASEAN

  • Introduction of new Life Sciences goods and services

  • Improvement of patients' access to Life Sciences goods and services in each ASEAN country

  • Promotion of good clinical practices in the development and use of Life Science related goods, services, information, and technologies


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Life Sciences Working Group & APEC

The USABC Life Sciences Working Group will seek to

promote the shared objectives of the APEC Life

Sciences Innovation Forum by focusing on bilateral

dialogues and initiatives in ASEAN.

These activities will strengthen commitment to APEC

LSIF principles while positioning ASEAN to take a

leadership role in this sector in APEC.


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Thailand

Thailand has been selected as the first country

of focus for the Life Sciences Working Group

for multiple reasons:

  • Enthusiasm/support from Royal Thai Embassy

  • Thailand is hosting APEC 2003

  • Thailand is eager to begin FTA negotiations with the US

  • PM Thaksin will visit the US in June 2003


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Working Group Plans for Thailand

March 3-5: Members of the USABC Life Sciences

Working Group will pursue dialogue with Thai

officials to introduce their objectives and begin

dialogue on areas of mutual interest.

Working Group participants will be asked in advance

to begin identifying possible targets of opportunity

that both capture Thai social and economic

interests/plans for this sector while also requiring

policy adjustments that may facilitate business for

working group members in Thailand.


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Going Forward - What is Success?

From the March meetings in Thailand, the Working Group will strive to:

  • Maintain ongoing dialogue w/ relevant officials to identify policy issues that if addressed could facilitate growth in Thai priority areas of the Life Sciences Value Chain

  • Execute programs/seminars aimed at educating Thai officials on said issues, noting the opportunity presented by showcasing successes with the PM’s visit to the US in June and the launch of the APEC LSIF in October.


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?QUESTIONS?

Contact Remy Nathan

Director, Life Sciences Working Group

US-ASEAN Business Council

E-mail: remy@usasean.org


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