ITJ at the BIO Convention 2022

ITJ showcased at the largest BioMedTech event in the world

SAN DIEGO, June 16th, 2022 — Concludes the BIO International Convention and the outcome of the triple helix’s collective effort in Mexico’s bid to exhibit itself in the major leagues of the BioMedTech industry was remarkable. ITJ took part every step of the way, and we were able to engage in many enriching collaborations.

The ITJ team attended One-on-One meetings and got the chance to work in a networking space scheduled for enterprises who attend the convention to get to know one another. International firms were able to see a way to expand their software engineering teams and gain access to a pool of software engineers with the skill set required by the industry in Mexico. Teams in the same time zone, with similar work culture, and with no recruitment or retention issues, this is a rising profile of our country and we are bringing this sample of capabilities to compete in the sector. We are really proud to start calling the Cali Baja region the new tech hub in Mexico.

Our delegation was led by Esteban Moctezuma, Mexico’s Ambassador to the United States, and the honorable Consul of Mexico in San Diego, Carlos Gonzalez, along with Natalia Figueroa as well as the Consulate’s strong team. Alongside ITJ, this collaborative effort of the Mex-Bio delegation to showcase Mexico’s capabilities in the Life Sciences field was a success.

Today, Mexico is turning into an upcoming global player in the biotech industry. With over 3,500 biotech companies across the country, coupled with strong academic institutions and groundbreaking research centers. 

Due to Mexico’s expanding potential as a market for consumption, manufacturing, and research, 20 of the top 25 pharmaceutical corporations in the world have operations here. Compared to 3,018 in Argentina, 2,181 in Puerto Rico, and 1,719 in Chile, Mexico has 3,909 registered clinical trials as of 2021. These drive us to seize every opportunity to participate in and contribute to the growth of the biomedical technology sector.

We are beyond grateful and always eager to witness more great collaborations like the ones we had at the BIO International Convention. 

So, what are you waiting for? Explore your digital strategy by partnering with us. For more info Contact Us.

About ITJ

ITJ is devoted to serving fast-growing and high-value market sectors, particularly the Internet of Medical Things (IoMT), working with innovative medical device companies looking to improve people’s lives. With a unique BOT (build, operate, and transfer) model that sources only the best digital talent available, ITJ enables companies in the US to create technology centers of excellence in Mexico. For more information, visit www.itj.com

Poster BIO convention

ITJ exhibiting at BIO International Convention

ITJ is exhibiting at the BIO International Convention, the largest BioMedTech event in the United States. The 2022 event will take place in San Diego, with +100 interactive sessions planned across 4 days, addressing topics such as Next-generation bio-therapeutics, Digital Health, Business development, Patient advocacy, and more. 

Starting on June 13th, the great event welcomes various enterprises all over the world to a networking environment. ITJ will participate in the Mexican Pavilion, led by the Mexican Consulate in the US. Represented by Carlos González Gutierrez, General Consul of Mexico in San Diego. 

The activities the Mexican Consulate will be hosting include a welcoming icebreaker space between invited companies, universities, and authorities, where you can enjoy and network with relevant personalities in the industry. Additionally, an exhibitor reception will be showcased for all the event attendees, a place for meeting and exchanging diverse points of view regarding businesses in the BioMedTech industry.

You can join us in the greatest BioMedTech event in the US, register now at this link.

“The imperative need for this kind of event, now hosted by the Biotechnology Innovation Organization, expands to a far broader scope than just simple conferences, it is a matter of business goals and partner-bond tailoring. To get to show some unique advantages of the technological ecosystem and how life sciences sector depends on it.” — Maritza Diaz

We fully anticipate that the participation and contribution of all attendees are valuable for the convention’s network, especially a benefit from the input of the diverse points of view, competencies, and experiences of all the invited representatives.

The ITJ team will be available for a One-on-One partnership, a networking space scheduled for enterprises who attend the convention to get to know one another and discuss relevant issues. So, if you would be interested in booking a meeting with us, regardless if you are able to attend the convention, you can contact us at our site and we will be pleased to accommodate you.

About BIO International Convention

The BIO International Convention hosts a welcoming space where enterprises can Get inspired and learn from global thought leaders who are tackling important issues at the crossroads of science, business, and policy. An annual event held in San Diego Convention Center and the US largest biotechnology industry event, as well as industry-leading investor and partnership gatherings occurring all around the world.

BOT model

BOT model advantages for BioMedTech companies

BOT (Build-operate-transfer) contracting has grown to be developed into a decisive asset for companies and operators between borders. What initially began as an activity confined to multinational companies in the US has today developed into a broad based business platform backed by leading IT software and services organizations and other third party service providers. But this does not narrow down to only IT providers, great medtech companies such as Medtronic, Thermo Fisher, Johnson & Johnson, and Philips Healthcare can develop entirely independent new centers of excellence in a variety of new territories. And, what does this represent for all the BioMedTech companies?

The principal advantages of a BOT model rely on the extent to which these efforts can translate into talent pool and operating capacity strengths for a Biomedical technology business. In order to do so, the first step is to assess your AI/KM Culture and build the necessary abilities. In a BioMedTech environment, the goal of being customer-focused is on the top priorities, moreover developing outcomes that are efficiently delivered to customers. As a result, repetitive work requiring staff may now be successfully relocated to the BOT channel, freeing up personnel for value-added work and transactions with more complicated exceptions.

To know more about how companies are expanding in these pandemic times, visit BOT Model: How Global Companies Are Expanding in this Pandemic Times

Now, such an expanding industry requires more efficient processes and equipment on which they can rely. Through BOT, a company reallocates the risks and rewards in the development of software development projects. How?

A BOT is a business model that consists on a contractual relationship in which an organization hires a service provider to set up, optimize, and run a business. A BOT model might be very useful for healthcare organizations if they wish to outsource software operations related to the manufacture of a medical device to a much broader skill pool. This way you can begin to set up an operation unit which can encompass everything from selecting the buildings, as well as the setup and installation of infrastructures such as IT devices, internet, and computers. Afterwards focus on project or product creation, management, improvements, maintenance, and product support, with all the necessary audit. And for all these processes there are companies that can enhance your strategy.

So, why is it important to leverage BOT as a strategy for accelerating digital transformation?

A strong BOT partner for IT services will access high-quality personnel in many global locations. This can favor a BioMedTech company looking for the right talent and know-how experience in operations. To achieve successful financing for the proposed project, capital structuring skills for software development and financial engineering techniques are required to find the proper debt and equity economic mix. The open-source community will enable increasingly possible ‘rental’ expertise to continue to grow together, with the right engineers and medical tech specialists. 

One great example of a company whose case scenario represents the BOT model facilitator is ITJ. ITJ is a fast-growing IT partner that enables companies to create world-class software engineering centers of excellence in Tijuana, México. Furthermore, by partnering with California businesses (and now expanding), we help develop an innovative economy. As a plus in our operation model, we have the nearness in location between Tijuana and San Diego in our favor. Nowadays, ITJ is currently the perfect partner for BioMedTech companies, thanks to our experience.

About ITJ

ITJ is devoted to serving fast-growing and high-value market sectors, particularly the Internet of Medical Things (IoMT), working with innovative medical device companies looking to improve people’s lives. With a unique BOT (build, operate, and transfer) model that sources only the best digital talent available, ITJ enables companies in the US to create technology centers of excellence in Mexico. For more information, visit www.itj.com.