Biopharmaceutical Alliance

Article Title: Biopharmaceutical Alliance

10-06-2024

International Relations Prelims Plus

What is Biopharmaceutical Alliance?

It is an alliance ofIndia, South Korea, Japan, the US, and the European Unionto put joint effortsinto building a resilient supply chain inthebiopharmaceutical sector.

The alliance wasinaugurated in San Diegoduring theBio International Convention2024.

The participants emphasised the importance of a reliable and sustainable supply chain andagreed to coordinatethe respective countries'biopolicies, regulations, and research and development support measures.