California Business Minute™

Hi, I am Tim Johnson and welcome to the California Business Minute.

Supporting the growth of biotech in the Golden State is a full time job and several
trade associations have been at the forefront of the effort to create a positive
business environment in support of the sector.

BayBio, is a non profit trade association serving the life science industry in Northern
California.  The organization provides advocacy, enterprise support, the enhancement
of research collaboration and a variety of programs. BayBio supports the nation’s
largest cluster of life sciences companies in the nation  with over 1,377 companies
and over 100,000 employees with an estimated 95 publicly traded companies.

The Southern California Biomedical Council (SoCalBio) is the trade association of the
life-science industry in Greater Los Angeles. The mission of SoCalBio is to represent
and promote medical device and biotechnology industry in Los Angeles, Orange, Riverside,
San Bernardino, Ventura and Santa Barbara counties which they claim represents 900
firms. Similar to BayBio, SoCalBio also provides advocacy  specifically on local,
state and national issues and helps firms in accessing sources of capital, along with
creating partnerships to accommodate the real estate needs while promoting linkages
with local universities, research institutions, and other educational institutions
for workforce training and technology transfer purposes and generally supports the
business growth needs of this sector in this region.

BioCom located in San Diego identifies itself as the largest regional life science
association in the world, representing more than 550 member companies in Southern
California. The association focuses on initiatives that positively influence the
region’s life science community in the development and delivery of innovative products
that improve health and quality of life. This includes initiatives in capital formation,
public policy, workforce development, group purchasing and member services such as
networking events. Its mission is to position the Southern California life sciences
community to achieve individual and collective success on the world stage of scientific
and technological innovation, and in the development of products that improve global
health and quality of life.

These three organizations have and do play a key role in sustaining and growing the
biotech and life sciences in California.

I am Tim Johnson and this has been the California Business Minute.

For further information see  www.BayBio.org - www.SocalBio.org  and www.BioCom.org