Experts sharing insights at 2024 Life Sciences Innovation Summit
Forging the path ahead: Bayer's strategic commitments
Bayer's dedication to the advancement of health care is prominently displayed through its collaborative endeavors and strategic initiatives. Sophia Li, head of Research and Development of Bayer Consumer Health China, resonated with Academician Chen's views, highlighting the mutually beneficial capabilities of research institutions and corporations.
"Bayer's strength as a business lies in its extensive platform, deep consumer insights, trusted brand reputation, and adept market operations," she stated.
"Our market acumen and clinical experience provide research institutions with valuable feedback from both the market and clinical settings, enabling targeted research and innovation that clarify the value and significance of scientific achievements. Moreover, Bayer can assist Chinese research institutions in taking their scientific findings globally, benefiting consumers worldwide. For instance, our probiotic product, developed in collaboration with Jiangnan University, has been successfully exported to Southeast Asia," she remarked.
Bayer's proactive stance in the health sector is palpable through its innovative strides. Over the past three years, the company has introduced more than 10 new health products, each a testament to a consumer-centric and science-based strategy. With an eye on the future, Bayer is poised to establish the China Center for Innovation and Partnership (CCIP) in Shanghai. This 20-million-euro investment is set to catalyze innovation and craft self-care solutions that resonate with Chinese consumers.
The discussion's conclusion resonated with a clear message: The evolution of health and self-care is a collective endeavor. It is through the orchestrated collaboration of academia, industry, universities and research institutes, all underpinned by innovation, that we can truly herald a new epoch in health management.
As the summit concluded, it was clear that the path forward lies in the unity of purpose and action, where every stakeholder, from the research labs of academia to the innovative hubs of industry, plays a pivotal role in shaping a healthier tomorrow.