What’s Inside: San Diego County Releases Recommended Budget; Citizens’ Initiative Aims to Raise Local Sales Tax; Meet Our New Director of Capital Development; An Opportunity to Engage with Future Life Science Leaders; and more.
|
We’re providing you with the latest news, trends, and information surrounding the San Diego life science industry. Continue reading for local policy news and how it affects your business, community give-back opportunities, ways to maximize your savings with our Purchasing Group, and more. If you have company news or information you’d like included, please get in touch.
|
|
Welcome New San Diego Members
|
ARNA Genomics US, Inc., Irvine, CA
Aspect BioSystems, Vancouver, British Columbia, Canada
Back Bay Life Science Advisors, Boston, MA
CCRM (Center for Commercialization for Regenerative Medicine) Toronto, Ontario, Canada
Controlled Contamination Services, San Diego, CA
Culture Insurance Group, Escondido, CA
Cytonus Therapeutics, Carlsbad, CA
DisperSol Technologies, Georgetown, TX
F5 Therapeutics, Inc., San Diego, CA
Icosavax, Inc., Seattle, WA
Proteintech Genomics, Inc., San Diego, CA
Qualer, San Diego, CA
Sampled, Piscataway, NJ
West South, San Diego, CA
View our entire Member Directory
|
|
|
|
LA & San Diego Office-to-Lab Conversions Outpace Other Markets
The conversion of office space to lab space is a rapidly growing trend for real estate developers across the country as demand for lab space continues to increase. San Diego has the second-highest growth nationwide with 1.6 million square feet of office-to-lab conversions in progress in Q1 of 2022 (behind Boston). Los Angeles could be called the “busiest” market based on the percent increase in projects with 667,000 square feet of conversions in Q1 in 2022, growing by 339 percent from Q1 2021.
Citizens’ Initiative Aims to Raise Sales Tax
May 11 was the deadline for supporters to submit 116,000 signatures to place a citizens’ initiative on the November ballot that would raise sales taxes to fund transit, road, and highway projects in the San Diego region. A similar measure to fund SANDAG failed in 2016, but backers of the new measure tout a broader coalition of support and the 51 percent approval-to-pass threshold as reasons to expect passage of this year’s measure. The initiative asks voters to approve half-cent sales tax increases in 2022, 2024, and 2028.
San Diego County Releases Recommended Budget
The County’s $7.15 billion recommended budget was released on May 5. It includes funding for initiatives addressing mental health and substance use, homelessness and housing, justice reform, sustainability, and more. The Board of Supervisors will hear the budget overview in mid-May, and budget hearings will be held June 13 and 16. The next Regional Decarbonization Framework public meetings will take place on June 28 and July 26. The county’s revised Transportation Study Guide (TSG) for vehicle miles traveled (VMT) will be available for public review beginning May 12 until June 13. Staff will be conducting outreach to stakeholders and a public meeting will be held on May 24.
|
|
-collapse:collapse;border-spacing:0px;"> |
|
|
Introducing Biocom California’s New Director of Capital Development
We are pleased to announce the onboarding of our new Director of Capital Development, Tyler Morris. Tyler brings to Biocom California experience in alliance management and partnerships, commercial sales, product development, and financial valuation. Please join us in welcoming Tyler to the team, and connect with him here to learn more about our capital development programs.
Call for Nonconfidential Decks
We are eager to help our member companies make meaningful connections with the right funders and potential investors. We do this year-round on an ongoing basis, and encourage you to submit your nonconfidential deck to receive feedback from our advisors and to be circulated with our network.
Providing Meaningful Connections for Investors
Biocom California has unique relationships with life science startups, as well as a strong network of investors and funders looking to connect. If you are looking to broaden your network, we invite you to engage with us.
|
|
|
Get Involved: STEM Summer Camp for Girls
Generation STEAM is partnering with BE WiSE (Better Education for Women in Science & Engineering) for this year’s Girls Who Lead: Summer STEAM Camp from August 1-5. The week-long career exposure program positively impacts 75 high school girls from around the county, and we are currently accepting companies who wish to get involved! Participating companies will host a company visit for the students during that week including a company tour, career panel or other career exposure element, and an interactive activity. Contact Silvana DelPiccolo for details on how to get involved.
|
|
|
Life Science Benefits Solution
Beyond Benefits has served our members for over ten years and continues to provide unparalleled large-group benefits to life science members of all sizes. The program’s low renewal rates compared to the market, coupled with flexibility in plan choice, have made it a premier solution covering 230-plus life science companies and over 35,000 individuals both in California and nationwide. The Beyond Benefits Trust is guaranteed to remain operational for employers over the next few years and they continue to develop program enhancements that meet the needs of life science employers of all sizes, starting with as few as four employees. Learn more here.
Feedback Request
The San Diego Purchasing Group Advisory Committee is requesting feedback on program development in our savings portfolio. We are keeping environmental, social, and governance (ESG), sustainability, and diversity, equity, and inclusion (DE&I) top of mind, and we want to ensure our programs help members achieve their goals in these areas. Please share with us your company’s goals in these areas here, and tell us what you expect from your current suppliers to help you achieve them.
|
|
|
|
Tuesday, May 24
Virtual
|
Join Biocom California, Relocation Coordinates, and Marsh McLennan as we dive into the Great Re-Engagement and share best practices and ideas on how to engage and retain both new and current employees within your company culture.
|
|
|
|
Thursday, June 16
Virtual
|
Environmental, Social and Governance (ESG) factors are important to consider when investing for their retirement. We’re joining RetirementDNA and MFS to provide employers with insight into how ESG factors can incorporate into your workplace retirement plan.
|
|
|
|
|
Wednesday, August 10
Park Commons
|
Join your fellow committee members for an in-person happy hour hosted by Biocom California. While our committee meetings will continue to be virtual in 2022, we hope you will join us for this evening of networking, idea sharing, and camaraderie with your Facilities and EH&S colleagues.
|
|
|
|
Wednesday, October 12
The Alexandria Torrey Pines
|
Biocom California’s HR Conference for Life Sciences is dedicated to HR professionals working within the life science industry across the state of California. The conference will provide a unique opportunity to network, connect, and learn from executives and HR colleagues within life science.
|
|
|
Member News
Aspen Neuroscience, which is developing the first autologous neuron replacement for Parkinson’s disease, closed a $147.5M Series B and will begin its study of the company’s lead candidate.
Cardea Bio received a $1.1M grant from the Bill & Melinda Gates Foundation to fund work that someday could detect infectious diseases like COVID-19 and cancer via odor.
DermTech, which focuses on addressing melanoma, applauded the Biden Administration’s reignited Cancer Moonshot program aimed at reducing the death rate from cancer by at least 50 percent over the next 25 years.
Illumina is teaming up with Deerfield Management to develop new therapeutics by leveraging genomics and AI.
Regulus Therapeutics received FDA acceptance on its Investigational New Drug for kidney disease and will move on to a Phase 1 study.
Thermo Fisher Scientific has made a strategic investment in IonPath, supporting further innovation in spatial proteomics for cancer diagnostics.
|
|
|
Biocom California | San Diego
Biocom California is the largest, most experienced leader and advocate for California’s life science sector. Our San Diego 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 greater San Diego region. We work on behalf of more than 1,600 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.
|
|
|