Waters and BioInfra Establish the ASEAN Academy for Bioanalysis to Promote Analytical Skills Development

Rhea-AI Summary

Waters Corporation (NYSE:WAT) has partnered with BioInfra to launch the ASEAN Academy for Bioanalysis in South Korea. This training facility aims to equip scientists with essential bioanalytical skills required for drug discovery and development, addressing the increasing demand for low-cost generic drugs in Southeast Asia. The academy will focus on bioequivalence trials, enhancing the region's scientific competitiveness and pharmaceutical research quality, ultimately benefiting the growing elderly population facing health challenges.

Positive

• Establishment of the ASEAN Academy for Bioanalysis to enhance bioanalytical skills.
• Partnership with BioInfra strengthens Waters' presence in the pharmaceutical sector.
• Aims to increase accessibility to lower-cost generic drugs in Southeast Asia.

Negative

• None.

News Summary:

•      Companies collaborate to promote development of bioanalytical skills with joint opening of the ASEAN Academy for Bioanalysis in South Korea
•      Training academy will help enhance regional scientific competitiveness and quality of pharmaceutical research and testing
•      Academy trainees will contribute towards meeting increasing demand for lower cost, generic drugs in southeast Asia

SEOUL, South Korea--(BUSINESS WIRE)-- Waters Corporation (NYSE:WAT) announced a collaboration with BioInfra, a pioneering contract research organization (CRO) company for the pharmaceutical and clinical fields, to jointly establish the ASEAN Academy for Bioanalysis. The academy is dedicated to providing scientists with the hands-on knowledge required to design and perform a variety of bioanalytical methods, which are vital throughout every stage of drug discovery and development.

“There is a growing need for contract research organizations (CROs), pharmaceutical companies and regulators in the region to have access to the bioanalysis training needed to conduct drug equivalence tests for the approval of generic drugs,” said David Curtin, Waters Vice President of Asia Pacific. “Our vision is that the training provided at the ASEAN Academy will help grow generic drug manufacturing in the region, and in turn, help provide lower cost prescription drug options for the people of Southeast Asia.”

Located at the BioInfra headquarters in Seoul, the ASEAN Academy for Bioanalysis will offer hands-on training using the latest analytical instruments and software from Waters. Trainees will focus on the bioanalytical aspect of bioequivalence trials to ensure they are conducted according to the applicable principles of Good Laboratory Practice (GLP).

Bioanalytical methods used today require samples to be well-characterized, fully validated, and documented to yield reliable results that can be satisfactorily interpreted. These skills will help enhance the regional scientific competitiveness and the quality of pharmaceutical research and testing needed to meet the region’s growing demands for access to clinical trials and generic drugs, which are fueled by rising elderly populations facing acute and chronic illnesses.

“We are thrilled to partner with Waters Corporation on the establishment of the ASEAN Academy for Bioanalysis," said Sang Deuk Lee, CEO of BioInfra. “By providing the scientific community of Southeast Asia with a much-needed resource for bioanalytical training, we are further supporting BioInfra’s mission to create a healthy future for all people, regardless of their age or economic status.”

The ASEAN Academy for Bioanalysis books group training by advance appointment only. Please contact JC Ahn at BioInfra for more information on training details, dates, and pricing.

About BioInfra

BioInfra was established in 2007 and is a leading Contract Research Organization (CRO) with excellent professionalism in the bioanalysis area and rich experiences and know-how in the standardization of experimental process and error control.

About Waters Corporation (www.waters.com)

Waters Corporation (NYSE:WAT), a global leader in analytical instruments and software, has pioneered chromatography, mass spectrometry, and thermal analysis innovations serving the life, materials, and food sciences for more than 60 years. With more than 7,800 employees worldwide, Waters operates directly in more than 35 countries, including 14 manufacturing facilities, and with products available in more than 100 countries.

Waters is a trademark of Waters Corporation.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220620005017/en/

Media:

Queenie Ng, Senior Manager, Waters Corporation

queenie_ng@waters.com

+65 9150 2523



ASEAN Academy:

JC, JongCheol, Ahn

+82-10-8749-5815

jcahn@bioinfrakorea.co.kr

Source: Waters Corporation

FAQ

What is the ASEAN Academy for Bioanalysis?

The ASEAN Academy for Bioanalysis is a training facility established by Waters Corporation and BioInfra to provide hands-on bioanalytical training for scientists in Southeast Asia.

How will the ASEAN Academy benefit Southeast Asia?

The academy will enhance bioanalytical skills, improve drug research quality, and support the increasing demand for low-cost generic drugs in the region.

What is Waters Corporation's stock symbol?

The stock symbol for Waters Corporation is WAT.

Where is the ASEAN Academy located?

The ASEAN Academy for Bioanalysis is located at the BioInfra headquarters in Seoul, South Korea.

Who partnered with Waters Corporation to establish the academy?

Waters Corporation partnered with BioInfra, a contract research organization, to establish the ASEAN Academy for Bioanalysis.