A roundtable focused on the potential for international trade and investment within healthcare and life sciences in West Yorkshire has highlighted the vast room for growth in the region.
International law firm Womble Bond Dickinson (WBD) co-hosted a presentation and discussion at its Leeds office with the West Yorkshire Combined Authority and the Hong Kong Trade and Development Council, with expanding international investment and trade in the region the key topic on the agenda.
Bringing together a select section of West Yorkshire businesses, the roundtable heard presentations from the council, the Hong Kong UK Business Forum, and the Hong Kong Medical and Healthcare Association as to how the region can play a part in driving forward development in the sectors.
Local companies were briefed on opportunities for international collaboration, how they can get involved, and key challenges and initiatives in progress to further foster partnerships between the region and global partners.
James Love, Partner at Womble Bond Dickinson, said:
"With the firm having international experience working with life sciences and healthcare programmes both in the UK and US, as well as a strong record of doing business across Asia, it was a pleasure to help get the ball rolling in terms of boosting international investment and trade in these areas within our own backyard.
With it's deep historic and trade links with the UK, Hong Kong is an excellent gateway into growing businesses within Asia, and for West Yorkshire companies this roundtable marked a great opportunity to get in front of organisations, while also showcasing the strengths of the region and what benefits investment and trade can bring in to drive the sector forward locally."
The roundtable forms part of the trade council's plans to foster engagement with healthcare and life sciences sectors in the UK ahead of this year's Medical and Healthcare Fair and Asia Summit on Global Health, both conferences which will be held in Hong Kong.
Alex Wright, International Relations Manager at the West Yorkshire Combined Authority, said:
"It was a pleasure to welcome delegates from Hong Kong to the region to discuss all the excellent opportunities West Yorkshire has to offer, particularly in how forming close, collaborative links will help strengthen the region's reputation as a powerhouse of healthcare and life sciences in the UK.
We look forward to continuing discussions with the council and partners going forward, and we would also like to thank Womble Bond Dickinson for helping facilitate the discussion and hosting this vital event."
For more information on how WBD can support your business growth on an international scale, get in touch.