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What’s Inside: Life Science Mentors Needed; Partnering Day with Daiichi Sankyo; BioJapan 2023; Upcoming Events; and more.
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Find the latest news and information impacting the Bay Area life science industry. If you have company news you’d like to share, please get in touch.
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Welcome New Bay Area Members
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SmartLabs and Labs-as-a-Service Solutions
Life science companies need a way to extend their financial runway by reducing capital investment requirements, and this is where Labs-as-a-Service (LaaS) comes in. What is LaaS and how is it helping to solve the bioscience financing crisis? SmartLabs explains how LaaS can help life science companies expand their financial runway.
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Redwood City Approves CEQA Process
On July 26, Redwood City Council gave approval to begin the CEQA process for Longfellow Real Estate Partner’s Redwood LIFE Evolve Project. The project aims to redevelop 84 acres in Redwood Shores, converting the current office park to a life science campus with over 3 million square feet. Biocom California spoke in favor of the project and moving forward with the CEQA review.
Regional Investments Awarded to Protect and Invest in the East Bay
The Metropolitan Transportation Commission awarded pilot grants to the East Bay Economic Development Alliance and Contra Costa County to advance their Priority Production Areas, which are regional growth areas that have been prioritized for economic development investments and a key part of MTC Plan Bay Area’s effort to achieve a better jobs-housing balance across the Bay Area.
SF Officials Move Forward with Business Tax Reform Initiative
Mayor London Breed, Board President Aaron Peskin, and Supervisor Rafael Mandelman announced next steps in the process to reform SF’s business taxes, the first being a request to convene a process with the business community and other stakeholders to develop specific reform recommendations. This was due to a report released by the treasurer and the city’s chief economist, which analyzed key vulnerabilities of SF’s business tax system in the context of our post-pandemic recovery.
In Other News:
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Daiichi Sankyo Partnering Day
On November 13, senior leaders from Daiichi Sankyo (DSI) will be in the Bay Area to meet with local biotech companies, academic institutions, research organizations and venture capital firms. They will present on their activities and therapeutic focus areas, followed by a networking reception. To apply for a 1:1 meeting with DSI on November 14, please view this document first and then apply here by September 8, 2023.
Exhibit at BioJapan 2023 in the Biocom California Pavilion
Biocom California is organizing a delegation to exhibit at Asia’s premier partnering event for the global biotech industry, BioJapan. The Biocom California Pavilion offers a turnkey solution for exhibiting your company with large corporate players at a fraction of the cost. The conference will take place in Yokohama October 11-13, 2023. Additional information is available here.
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Bay Area Life Science Mentors Needed
Biocom California Institute is seeking mentors for the Life Science Young Leaders, Veterans In Life Sciences, and NOVAWorks fellowship programs. As a mentor, you’ll have the opportunity to help a program participant take the next step in their career. Mentors will help their fellow explore the life science sector, introduce them to the wide range of career opportunities available in the industry, and help them capitalize on their unique and valuable skillset. All mentors will receive support and training prior to the program. Sign up here and contact Paulina Fonville for more information.
SCU Health Summit 2023
Biocom California Institute was proud to participate in last week’s Santa Clara University Health Summit. Howard Chan facilitated a discussion that focused on the importance of diversity and representation in the healthcare and life science fields. The conference catered to high school and community college students, and their parents, and provided a unique opportunity to connect with industry experts and professionals from Silicon Valley. The SCU Health Summit proved to be a valuable experience for all attendees, fostering a strong commitment to innovation and inclusivity. For more information, click here.
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New to the Portfolio
Biocom California Purchasing Group is proud to introduce our newest solution for finding accessible and relevant funding opportunities: OmniSync. OmniSync is the bridge between innovation and business. They use advanced AI and machine learning tools to create customized-yet-affordable expert services that connect life science companies with the critical opportunities needed to innovate. Through their flagship product TurboSBIR, Biocom California members can take advantage of unlimited proposal writing feedback, concierge-level administrative and submission guidance, and weekly meetings to receive support every step of the way. Schedule a call with an OmniSync representative to learn more about relevant funding opportunities for your business.
MMA Beyond Benefits
Biocom California’s Beyond Benefits Trust, offered in partnership with Marsh McLennan Agency (MMA), enables employers to pool together under one common entity to take advantage of pricing stabilization, rich employee benefits and many value-added services through platinum-level Anthem Blue Cross Blue Shield coverage. Since launch in 2012, the plan has insured over 500+ member companies across the state, representing over $1.5B in medical premiums and a savings of over $103.9M for our members. If you are still evaluating your options for next year’s health insurance benefits, reach out and we can connect you with a Marsh McLennan Agency representative today.
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Committees and Working Groups
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Premium Member News
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Member News
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Biocom California | Bay Area
Biocom California is the largest, most experienced leader and advocate for California’s life science sector. Our South San Francisco office aims to build the networks that are critical to growth in this thriving regional ecosystem. Our targeted programs and customized services are tailored to the specific needs of the Bay Area region. We work on behalf of more than {{{dynamic_content_1600}}} members to drive public policy, build an enviable network of industry leaders, create access to capital, introduce cutting-edge STEM education programs, and create robust value-driven purchasing programs.
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