Singapore, Oct. 13 -- The UK BioIndustry Association (BIA) and Japan Bioindustry Association (JBA) have signed a Memorandum of Understanding (MoU), agreeing to work together to connect the two countries' life sciences and biotech ecosystems to accelerate medical innovation and the commercialisation of engineering biology.

The two countries are among the largest and most significant life science and biotech hubs outside of the United States, and the governments of both have prioritised the sector in their respective industrial strategies to drive economic growth.

Under the MoU, BIA and JBA will work together to establish new links between British and Japanese biotech businesses through events and other projects.

The activities the two o...