The Life Science Innovator
A WBBA Publication
Volunteers needed for Life Science Innovation Northwest 2011
LSINW is the region’s premier life sciences conference and will be held at the Washington State Convention Center March 2-3, 2011. Volunteer opportunities are available both days. You can sign up to volunteer both days or just one depending on your availability. Hopefully this will accommodate some of your busy schedules and give you an opportunity to participate in the biggest event for the life sciences sector in Washington state.
Interested in volunteering at WBBA's Life Science Innovation Northwest? Contact Cole Basque for more information.
WBBA committees need volunteers
The work of the WBBA is dramatically extended by a network of business and scientific experts who are working to build a leading life sciences community globally. Please e-mail us at email@example.com if you are interested in volunteering on one of our important committees:
- Membership Committee
- Business Development Committee
- Commercialization Committee
- Communications Committee
- Government Affairs Council
- Life Science Innovation Northwest Steering Committee
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2010: A Year in Review
Letter from the President
Happy Holidays! Welcome to the Winter, 2010 edition of The Life Science Innovator. This issue is dedicated to the WBBA’s 2010, year-in-review.
It is hard to believe another year is coming to a close, and that I am writing our year-in-review article. 2010 has been a year of many challenges and accomplishments. Overall, the WBBA and Life Sciences in Washington had a very “strong” year in 2010! Despite the challenges facing our members during the “Great Recession”, jobs in the life sciences industry grew by nearly 5% in Washington from 2007 through 2009, while the rest of the state’s private sector jobs combined declined by 4%. In addition, from 2001 through 2008, Washington’s life sciences sector outpaced the U.S. average job growth, 2:1. Life sciences is now widely recognized by Washington’s leadership as one of the state’s top 5 industries, one of its fastest growing, and one of the sectors that will help lead Washington to economic prosperity for decades to come. >>Read more - Letter from the President
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Working together for better health
Twenty-one new members join WBBA since September; nearly 70 since January!
Proven time and time again, active participation in WBBA and its programs creates a tangible return on investment for you and your organization. Our members have access to information and business intelligence that is not available elsewhere because it comes from our members. WBBA often acts as matchmaker – creating introductions and helping develop relationships that lead to increased productivity and lower resource expenditures for our members. WBBA recently received this note from a member that illustrates a most valuable benefit of membership:
“ … we called WBBA, and asked for assistance. We were referred to a WBBA member who guided us and referred to another WBBA member. Both members were patient, kind and professional- indeed we were able to solve the issue within few hours. The WBBA network and the willingness of members to help each other was a vital assistance to us. Being a small medical device company, we appreciated their support. We hope to be able to give back and support other members of our association as we grow. Thanks.”
-Ken Gillies, Director of Operations, Elixir Research, LLC
We are proud to welcome 21 new member companies to the WBBA network that have joined us since September. Learn more about these new members and help us extend a warm welcome!
Free subscription to BIO Smartbrief offered to WBBA members
BIO SmartBrief is a FREE daily e-mail newsletter that provides a quick, easy to read summary of the latest biotech news. Delivered every weekday morning, BIO SmartBrief helps its readers keep up with industry news and save time. Sample content from today’s issue is below.
We continue to seek ways to provide our members valuable resources to help you stay connected and informed. As the Washington affiliate of Biotechnology Industry Organization (BIO), we are pleased to bring you this opportunity to subscribe for free. Learn more.
More than 42,000 biotech professionals from around the world read BIO SmartBrief. If you are not already subscribed, you may sign up for free by visiting http://www.smartbrief.com/bio/?campaign=1110WBBA.
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Services to help you grow. Resources to help you thrive.
In 2010, WBBA bolstered the purchasing programs we offer.
The demand for these services and resources that help our members communicate, learn, and grow, is stronger than ever.
In fact, WBBA members purchased more than $20 million in health care benefits, lab equipment, special gases, and office supplies through the WBBA purchasing program, saving them millions of dollars. In addition, we distributed more than $300k in Labors & Industries (L&I) rebates.
"Participating in WBBA’s Purchasing Program was one of the best purchasing decisions we at Seattle BioMed have ever made. We still diligently check our pricing on lab supplies and equipment with other vendors in comparison with the Purchasing Program pricing we receive through VWR. We consistently find and document the difference in savings over other major lab supply vendors – impressive savings on average of over 40% on our purchases.
Plus, we appreciate the horizontal expansion of VWR's products offering and their ability to provide such a wide range of products in a timely manner with excellent service. We have also appreciated our local WBBA and their work to provide other local contracts with vendors such as Praxair, who employ a win/win approach to growing Biotech market share by through a strong product and service offering to WBBA members.
These efforts to support our industry growth with the power of group buying are a testament to the value of BIO and the WBBA."
- Beth Harwood, Purchasing Manager, Seattle BioMed
If you are not taking advantage of our services to help you grow and resources to help you thrive, contact Stacie Byars to find out more.
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Making your innovation our business.
Upward momentum into 2011
While 2010 may not have been the end to the decade WBBA member emerging companies were hoping for, the WBBA hopes the dedicated resources and efforts to support entrepreneurship in life sciences will help keep the upward momentum into 2011. The focus remains on access to capital and formalized investor relations both inside and outside of the state.
WBBA’s Venture Investment and Partnering Forums hosted four venture capital firms in 2010 (X/Seed Capital, OrbiMed, NEA and Essex Woodlands). Investors and strategic partners travel to Seattle for a customized day long schedule of one-on-one meetings with the region’s most promising life science companies, entrepreneurs, researchers and emerging companies. WBBA is expecting another stellar line-up to continue VIP Forums in 2011.
Interested companies need to apply to take advantage of this opportunity. More information and instructions on how to apply for the VIP Forum are available on the WBBA website, or by emailing firstname.lastname@example.org. VIP Forums are made possible by the generous support of Cooley Godward Kronish LLP. >>Read more - Commercialization Corner
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Advocacy. Unity. Action.
Washington Life Science Companies Win Therapeutic Discovery Project Awards
It wasn’t pennies from heaven but it seemed that way late in October when 83 Washington companies received $34,102,339.14 dollars in Therapeutic Discovery Project awards to support 150 projects. That adds up to a lot of pennies for many Washington’s small life science firms working to produce new and cost-saving therapies and in the process creating jobs and increasing Washington’s competitiveness. View a complete list of the Washington company awards.
We hope this is just the beginning. WBBA strongly supported enactment of this program and will continue to work with BIO and our Washington delegation to renew this innovative program.
We are interested in understanding your opinions about the overall success of this program. A survey is being conducted on behalf of BIO to evaluate your company’s personal experience with the program and to lend insights to extending and expanding the TDP program in the future. The survey is designed to ask a series of questions about each project your company submitted an application for, not to exceed four total projects. Please have your company’s application(s) on hand (IRS Form 8942) to help you complete the survey more quickly. The survey will take 10-15 minutes.
Please click the link below to be directed to a site where you will be asked to enter your contact information. Upon verifiying your contact information, you will be invited to participate in the survey. http://www.psasurveys.com/detect.aspx?I.Project=A17282C
Jay Inslee offers letter of support to companies applying to federal grant programs
Maura Little in Congressman Jay Inslee's office kindly sent WBBA the following list of grant opportunities that are available from the Federal Government. If you are interested in applying for one of these grants and would like Congressman Inslee to provide a letter of support, please contact Maura at 206-361-0233. View listing of grant programs. >> Read more - Policy Matters
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The Washington Biotechnology & Biomedical Association (WBBA), in partnership with Burrill & Company, is proud to announce the 11th Annual Life Science Innovation Northwest Conference - an innovative approach to the region’s premier life sciences conference - on March 2-3, 2011.
APPLY TO PRESENT!
Thank you to the sponsors who have led the charge!
SECURE YOUR SPONSORSHIP!
Additional WBBA Events
P4 Medicine: Why Seattle is leading the charge
Bio on the Vine
View all upcoming WBBA events
2011 Sponsorship Prospectus is now available
The events, programs and actions of the WBBA are fueled by our members and sponsors. We are pleased to provide the 2011 Sponsor Prospectus for your consideration and 2011 budgeting purposes. If you have any questions please contact Stacie Byars, Director, Marketing and Membership at 206.732.6705 or email@example.com.
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WBBA's online Career Center is the resource for life science jobs
One of WBBA’s top priorities is to help recruit, retain and train the talent needed to grow life sciences in Washington. We are driving to connect an innovative workforce to our emerging and dynamic organizations committed to better health solutions.
Currently there are over eighty listings for life science jobs in the WBBA online Career Center. There were 195 postings in November! You can view all of the current openings and apply online. If your company has opening, WBBA's Career Center is the best resource for qualified candidates within the life science industry.
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