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Photo Credit: euroPLX

Contrary to recent findings concerning CO2 savings of virtual conferences, there is evidence that attending the euroPLX Marketplaces in person saved 25 to 30 million air kilometres in 2019 alone.

A recent publication by Yanqiu Tao et al. in Nature Communications suggests that virtual conferencing can reduce the carbon footprint by 94% and energy use by 90% as opposed to in-person conferences. These findings probably apply to regular conferences with lectures, speakers and audiences. But Heidelberg, Germany, based RauCon GmbH & Co. KG presents evidence that the euroPLX Marketplaces for Pharma Business Opportunities slash the carbon footprint of attendees by saving air miles which would accumulate by not attending.

A frequent euroPLX Marketplace attendee calculated that by attending 30 times, he was able to meet business partners from all over the world which would have required travels equivalent to a trip to the moon and back, had he wished to visit them at their company headquarters: about 760,000 kilometres!

Grossing up the findings, this amounts to 25 to 30 million air kilometres that have been saved by the euroPLX Marketplaces in 2019 alone. euroPLX attendees have effectively contributed to mitigating global climate change for more than 26 years. Now, with the new feature of seamless video integration before and after the in-person event, the savings should be even larger.

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Photo Credit: euroPLX

“Virtual interactions are not the same although they are a flexible counterpart to the traditional in-person format.“

Dr. Norbert Rau, the founder of RauCon GmbH & Co. KG, who designed and introduced the euroPLX Marketplace concept in 1995 said: “The virtual versus real discussion must differentiate very carefully. A regular speaker-type conference can be replaced by a well-organised video event without losing much. For an event that focuses on business negotiations, however, personal interactions and hallway conversations are a must. Virtual interactions are not the same although they are a flexible counterpart to the traditional in-person format.“

For almost 27 years the Heidelberg, Germany, based service provider RauCon GmbH & Co. KG runs an online exchange for pharma business opportunities and a platform to arrange combined real (in-person) and digital (video) business meetings. The online exchanges euroPLX and asiaPLX represent the world’s most often held and leading pharma partnering events since 1995.