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CyberMedia launches ‘BioSpectrum Asia’ in Singapore
The bi-monthly magazine covers the life sciences industry of Asia
‘BioSpectrum Asia’, from the house of CyberMedia, was inaugurated in Singapore on March 24 on the occasion of the BioSingapore Forum Annual General Meeting, Singapore’s leading life sciences event.
Launched in 2003, the bi-monthly magazine boasts of being Asia’s first print magazine dedicated to the life sciences industry, which provides comprehensive coverage of the exciting business developments in the region.
According to an official communique, Pradeep Gupta, chairman and managing director of CyberMedia (India) Ltd, says, “We decided to launch the magazine in Singapore as it gives us a unique platform to address a cosmopolitan audience in the life sciences arena. The launch of ‘BioSpectrum Asia’ earmarks another of CyberMedia’s ongoing global expansion initiatives.”
For the record, CyberMedia had acquired 20 per cent stake in New York based Sx2 Media Labs LLC, which recently took over the 26-year-old print magazine, ‘Computer Shopper’, in February.
Shyam Malhotra, editor-in-chief, ‘BioSpectrum’, adds, “In addition to the bi-monthly print magazine, all the Asia Pacific countries are being kept updated about developments through a fortnightly digital magazine and a news-based website (www.BioSpectrumAsia.com) under the BioSpectrum brand name from Singapore.”
Currently, the Asia edition of ‘BioSpectrum’ provides coverage and insights into the areas of pharmaceuticals, biotechnology, medical devices, research highlights and policy announcements from around the world.
According to the official release, the global life sciences industry is estimated to be worth about $2 trillion. The Asia-Pacific region accounts for only 20 per cent of the sector, even though it is home to nearly 60 per cent of the world’s population. But this region is fast catching up with double digit growth rates. If healthcare services are excluded, the life sciences sector will be approximately $1 trillion. And the Asia-Pacific region has nearly a quarter of the share of life sciences, excluding healthcare.
© 2006 agencyfaqs!