Page 61 - OHKF_Biotech_EN

Figure 17 How the biotech mega research institute facilitates the development of the industrial cluster

Provides talent pool Attracts enterprises

Biotech mega research institute
Start-ups Leading enterprises
give rise to
develop into

| Establishing all-stage ancillary
Recommendation 2.1 Establishing a Hong Kong
facilities to optimise biotech research Science and Development Office to formulate a

and development supply chain blueprint for biotech development
To coordinate I&T development, the Shenzhen Municipal
Optimising R&D procedures and ancillary facilities can help foster
HK-SZ collaboration and development in biotech. Beginning with Government has established the Shenzhen Science and
R&D procedures in biotech, we shall elaborate on key issues Technology Innovation Commission to manage national and
surrounding five important areas and propose targeted provincial tech projects and funding; formulate, organise and
recommendations to address them. These areas are: (1) implement tech planning and policies; as well as nurture and
government coordination; (2) preclinical research; (3) Phase I provide service to high-tech enterprises. In Hong Kong, a
clinical trials; (4) Phase II and III clinical trials; and (5) drug number of government bodies are involved in biotech research,
manufacturing and product launch. including the Innovation and Technology Bureau, which
manages the Innovation and Technology Fund; the Food and
Health Bureau, which manages the Health and Medical
Research Fund; the Education Bureau, which funds the
universities; and the Hospital Authority (HA), which oversees the
53 Chaired by the Chief Executive, the Steering Committee on Innovation and Technology is public hospital system. Although the Chief Executive-led
responsible for steering collaboration between various bureaux and departments and their Steering Committee on Innovation and Technology and the
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participation. It is made up of the Chief Secretary and the Financial Secretary, ten Bureau
Secretaries and six Permanent Secretaries and Heads of Departments. Financial Secretary-led Committee on Innovation, Technology
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