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A Word from Jeff Gallagher, CEO, Virginia Bio It’s my privilege to travel the state and meet hundreds of companies, research institutions, and individuals who are doing fascinating innovative work and making valuable contributions to our economy and to the health and well-being of people around the globe. Every month in this blog I’ll take a short look at an outstanding member of Virginia’s bioscience community, or update you on important information that impacts the community.

 

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Where does the Virginia Bioscience Industry Stand?

Posted By Caron Trumbo, Thursday, June 30, 2016
Updated: Thursday, June 30, 2016

Members and Friends of Virginia Bio,

A few weeks ago I had the opportunity to attend the BIO International Convention in San Francisco and watch Virginia Governor Terry McAuliffe receive the BIO Governor of the Year award. He received this award in recognition of his commitment to improve the bioscience industry in the state. He has shown a long term commitment, demonstrated accomplishments, including new programs and encouraged the state to invest more dollars in building the Virginia bioscience economy than ever before in history.

Virginia is on a promising trajectory to increase the number of bioscience companies and initiatives. Currently, where does the bioscience industry in Virginia stand? This is not an easy question to answer but Virginia Bio is making a new effort to work with others to find the best way to measure the state’s progress.

Luckily for us, the Bio Innovation Organization (BIO) and TEConomy, recently released their bi-annual report on this exact thing. This state by state industry assessment reports data on national, state, and bioscience industry employment and recent trends. The most recent report, two-year old back growth from 2012 to 2014 by the number of employees and companies, average wages, academic expenditures, venture capital investments, and patents.

In Virginia, there are just over 26,000 bioscience industry jobs that span 1,624 businesses. During this two-year study, Virginia saw a 2% decline in the bioscience industry overall but the medical device and bioscience distribution saw an addition of jobs. In fact, Virginia employment in medical devices increased 9% while national hiring remained unchanged during this period. The NIH granted $322 million in funding awards to our research institutions and venture capitalist invested $713 million.

This data gives us a metric to be proud of and improve upon. Without knowing our strengths and weakness, we wouldn’t know where to focus our attention.

Another good source of data is the Coalition of State Biosciences (CSBI) Workforce Trend Report, that Virginia is participating in this year. This report provides a national glimpse of the current and expected talent needs in the life science industry. The 2016 Workforce Trends report shows that Virginia experienced a dramatic increase in workforce demand in 2015. This is appropriate since the overall need found in this report was for critical talent with specific skills and training. The Executive Summary of the report is available to view or download now, and the full report will be available online approximately July 20.

Now we are looking for collaborators in state and private industry to determine the measures to best describe what we have, what we need, and future things we can do with real data. We all know we have a concentration of data, science, and people; lets get the hard data. Lets pull the data together and tell a story that cannot be denied. Help us on this journey. Please contact us if you have available resources that will assist us in this effort.

 

Best Regards,

 

 

 

Jeff Gallagher
CEO

Tags:  bioscience performance  csbi  Economic Development  governor of the year  medical device  statewide  virginia bioscience  workforce trends 

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Help Drive Virginia’s Economy

Posted By Administration, Monday, October 19, 2015
Updated: Monday, October 19, 2015
Members and friends of Virginia Bio,

Virginia faces an urgent need to diversify and grow its economy. This need has made economic development a rare potential area of cooperation between the General Assembly and the Governor, Republicans and Democrats.

Bioscience commercialization presents a unique opportunity to Virginia to meet this need and solve this crisis. The state has all the pieces to base significant long term growth and to grow into a leading state economy. We need to focus and align, make some investments and incentivize private sector activity.

For these reasons, I have been working for over a year with policymakers in the Administration and General Assembly to gather facts on bioscience commercialization policies and results within Virginia and in other states. We have collected data on demonstrated return on investment. We have helped to mount three statewide gatherings of Virginia bioscience leaders. We helped coordinate statewide working groups commissioned by the Governor and brought their reports back to an audience of state leaders, setting out principles for a plan that would take Virginia from where it is today to a greatly expanded and mature bioscience economy. At Virginia Bio's April strategic Board retreat, the organization set our top priority to prepare, propose and fight for a plan to enact in budget and legislation during the 2016 General Assembly, which begins in January.

This week, on Tuesday, October 20 at 12pm we will conduct a webinar for our members to present the plan that has been developed, answer questions, and enlist your active support in making the plan reality. Click here for the webinar link.


I will share the plan one on one with policymakers and present it to gatherings of stakeholders statewide from now until January.

We also will enlist your help starting immediately and continuing over the coming months to socialize the plan. We need members to meet with their legislators and with the members of the Administration and urge them to support the plan, support the industry and do something significant to make a significant difference in the future of Virginia's economy.

This is a topic in which virtually every elected legislator and public official agrees, and declares publicly its importance. It is our task to assure these people make it a priority against the many competing claims of legacy programs and louder voices. The Governor has famously and repeatedly announced bioscience is a top priority. We need to work to assure that in his proposed budget and legislative agenda that is indeed the case. Legislators have declared their support for economic development. We need to be in repeated contact with them to explain the importance of the bioscience initiative and monitor the response in the progress of legislation and the decisions of the money committees in each chamber whether that is in fact the case.

I would love to hear from those of you who would be willing to help us by visiting, making calls or writing emails to your legislators, sending letters to the editor, or hosting legislators for a tour of your facility to communicate the importance of bioscience commercialization and your support of Virginia Bio's plan firsthand.

Please join us for the webinar, and then help us convert this historic opportunity to a real and significant achievement for the state.

We can create many thousands of new high paying jobs, while helping to heal, feed and fuel the world.


Best Regards,



Jeff Gallagher
CEO

Tags:  Economic Development  funding  government  Governor  Virginia bio  virginia bioscience 

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Accelerating Progress in Virginia Bioscience Commercialization

Posted By Administration, Wednesday, September 23, 2015
Updated: Tuesday, September 22, 2015
Members and friends of Virginia Bio,

A sage cautioned “don’t confuse familiarity with understanding.”

Many of us are familiar with the research and commercialization parks and accelerators which are available for biotech commercialization around the state. But don’t blink, and don’t stop asking questions, because the facilities we know are evolving, and new resources are developing across the state to meet the great opportunity bioscience commercialization presents for the Commonwealth.

Let’s start with an update on the Prince William County Science Accelerator at Innovation Park. This space, opened in June 2014, offers leading life science and biotechnology companies 9 wet labs to grow their business at an intersection of university research and commercialization. This accelerator is the only public-private, commercially available wet laboratory space in Northern Virginia, located less than an hour away from key government buildings such as the National Institute of Health and the FDA.

Already, the accelerator is moving fast. ISOThrive LLC, a leader in nutritional ingredients that benefit the gut microbiome, expanded into larger lab space within the accelerator this past April. Since then, it has partnered with George Mason University’s MicroBiome Analysis Center to push along their research into the commercialization process. In addition to ISOThrive, two other companies, Ceres Nanosciences and Virongy, make use of the county’s accelerator. Ceres endeavors to seize the future of diagnostics by researching and commercializing novel sample processing techniques. Virongy, a virological reagent and tool company, provides cutting-edge services that catalyze scientific discoveries, enhance disease treatments, and more.

In Richmond, the Virginia Biotechnology Research Park, to strengthen its role in leading bioscience commercial innovation, has transitioned the Virginia Biotechnology Research Park Corporation Board to The Innovation Council. With an emphasis on innovation and entrepreneurship, the Council, a 501-c(3) entity with 19 members, will seek to leverage individuals and organizations doing groundbreaking work in order to ensure commercial success and benefit the state economy at large. The Council boasts leaders in business, education, and other fields as part of their membership, and also received a helping hand from Dr. Rao, President of Virginia Commonwealth University in the form of a $1.2 million dollar commitment to be matched with other sources of funding.

In Danville, the Institute for Advanced Learning and Research recently completed a strategic reevaluation, and a focus on translational research and support of entrepreneurs and commercialization rose to the top. Its top notch research facilities, leaseholds and common facilities are a great home for the right bio business. IALR’s mix of labs, office and meeting facilities was a perfect spot to host the highly successful statewide Governor’s Forum on Agriculture and Industrial Bio earlier this month.

In Virginia Beach, an impressive year long, community wide economic development planning process, led by the city’s Mayor and top corporate leaders, has recommended an emphasis on biomedical industry development, and designated a 150+ acre tract adjacent to LifeNet Health and Sentara Princess Anne to set aside as biomedical research and commercialization park. Early steps in the plan call for the development thereof a bioscience accelerator.

Back to Northern Virginia, the plans for Inova’s Center for Personalized Health on the massive campus formerly the home to ExxonMobil continue to take shape. The public announcements and interviews are exciting, and it’s clear that an integral element of the campus will be facilities and services to house and support biomedical and biotech startups.

Another new, and very different, player on the scene is the new LiftOff Health, in Arlington, that is accelerating commercial expansion and networking by functioning as a digital platform of collaboration/incubation, with dreams of serving and attracting any entrepreneur around the world. This approach appears at first glance to fit companies in mobile health and e-health - involved in the “creative destruction of medicine”, as Eric Topol, director of the Scripps Translational Science Institute, puts the impact of wireless and Internet on medicine and research. Awarables, for example, is a company using LiftOff Health which provides men and women who suffer from chronic sleep disorders an app that tracks details about their sleep patterns.

Check out other parks and accelerators you may be familiar with across the state, and equip yourself with up to date information: Virginia Tech’s impressive Corporate Research Center “CRC” in Blacksburg, UVA Research Park in Charlottesville, Innovation Research Park at ODU, and Innovation Village @ Rockingham by SRI Shenandoah Valley among others. In fact, click here to view our VA Life Sciences Map. On the top row of the map window, choose the Snapshots button, then select Research Park or Accelerator Organization Types to view all together.

We are picking up the pace and getting smarter about creating on the “Virginia Common” the physical and expert resources needed by researchers and entrepreneurs to succeed in commercializing bioscience innovations. The accelerators, incubators and parks are diversifying and providing more value, helping to propel the biotechnology industry into the future, which is looking bright. That means more jobs, more cures and more health for the commonwealth.

Best Regards,



Jeff Gallagher
CEO

Tags:  accelerator  Ceres  commercialization  Economic Development  IALR  Innovation council  Inova  Institute for Advanced Learning and Research  ISOThrive  LifeNet  LiftOff  MicroBiome  prince william  Research  Scripps  Sentara  SRI Shenandoah  Virginia bio  virginia bioscience  virginia biotech  Virongy 

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Better Access to Capital

Posted By Administration, Thursday, June 25, 2015
Updated: Thursday, June 25, 2015
Members and friends of Virginia Bio,

Access to capital is one of the most important and pressing needs of bioscience innovation companies. The need for capital starts even before the moment of creation of the company, and continues and evolves throughout all stages of a company’s life cycle.

Virginia Bio is continually seeking ways to help our member companies access capital, and in the year ahead we will provide increased emphasis, and new programs and projects.

To jump start this effort, Virginia Bio recently entered into a one year agreement with CB Insights to provide access for select members to CB Insight’s proprietary comprehensive database of private investment data on current and historic deals and investors.

CB Insights is a national Science Foundation-backed data and technology company that exclusively focuses on private company financing and exit information. The database tracks any private company that has received financing including government grants angel investment, VC, growth equity, or had an exit via M&A, an IPO or other, and captures extensive information on the financings and the investors.

Please watch in the coming days for our announcements describing this exciting new program, the content of the database, the capabilities of the search, analytic and visualization tools, a date for a live webinar training how to use the database for your needs, and terms of use.

A handful of Virginia Bio member companies and investment advisors who helped us evaluate the database service were impressed that this will be a valuable tool. It will help our startup, early stage and growing companies analyze industry trends, identify target investors and acquirers, conduct reverse due diligence on investors prior to meeting them, understand comparable transactions and competitors, and track and research relevant life science and health care deals.

In addition to this new service, in January we’ll continue to build on our support of companies during JP Morgan week, with a second private meeting room and a much expanded networking reception Sunday night.

Please let me and members of our Board know additional ideas for supporting our companies’ efforts to gain access to the capital they need to thrive.

Best Regards,




Jeff Gallagher
CEO

Tags:  capital  cb insights  Economic Development  funding  government  Virginia bio  virginia bioscience 

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THRIVE 2015: Where We Go From Here

Posted By Administration, Thursday, May 21, 2015
Updated: Thursday, May 21, 2015
Members and friends of Virginia Bio,

Thanks to each and every one of you who supported or attended THRiVE 2015, making our statewide conference a tremendous success by every measure.

Over 350 people attended throughout the day, both members and future members. You can enjoy scores of photos, plus press coverage plus most of the power point presentations of the day on our THRiVE conference webpage.

We networked morning, noon and night.

We made valuable contacts and heard from experts in a wide variety of fields.

We spoke in one voice to the Governor, Secretaries and legislators about transformationally improving how the state supports bioscience commercialization in Virginia. Thanks to the many industry and university members of the Governor’s Working Groups and public servants who made that unique event possible.

Together, we assembled and celebrated the largest gathering ever of Virginians, harnessing the power of data science for the biomedical enterprise.

And we provided a forum for the leaders of the Northern Virginia bioscience community to come together, at this time of so much growth by individual organizations and companies.

Most importantly, by doing this well, we further developed opportunities to work together to create the future of bioscience in Virginia.

So we will be busy.

In state public policy, over the next nine months we will be informing, counselling and advocating to the Administration and General Assembly a coherent package of policies and programs that will make a dramatic impact on biosciences in Virginia. We will need your help.

Starting immediately, we will be working with companies, universities, the state and other organizations to weave our strengths together and accelerate the momentum in the big data space. This is uncharted territory, with great upside. We will need your help.

And going forward, we will continue to increase our programming in Northern Virginia, to help our members and partners their reach their enormous potential and weave them together with the rich opportunities across the Commonwealth. We will need your help.

The explosion of scientific knowledge, the transformation of the delivery of health care on account of reimbursement, big data and mobile technology, the globalization of knowledge …. We live in interesting times. And we will be measured, individually and collectively, by how we respond to these extraordinary challenges and opportunities.

Virginia Bio looks forward to this wonderful challenge, because we are part of wonderful community of members and friends, and the work we are about is of such critical value to the Common wealth.

Best Regards,




Jeff Gallagher
CEO

Tags:  commercialization  Economic Development  government  Governor  policy  Thrive  Virginia bio  virginia bioscience 

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THRIVE: Creating the future of bioscience in Virginia

Posted By Administration, Thursday, March 19, 2015
Updated: Thursday, March 19, 2015
Members and friends of Virginia Bio,

“A committee meeting is not necessarily the same as doing something,” a mentor once said to me.

Neither is a conference. But it can do something, something of enduring significance - if you start from Day One with that goal. That’s the goal that the Board and the Conference Steering Committee led by Dan Gonzalez set six months ago, and that’s what staff has been up to.

It’s a rare opportunity when the statewide leaders of industry, translational research, public policy and supporting firms and businesses come together in one place for our statewide conference. Two years ago in Charlottesville we looked back, told the story, honored outstanding contributions, and celebrated.

This year in Northern Virginia we will look ahead, and we will move ahead. That’s why we call the conference THRIVE: Creating the future of bioscience in Virginia.

Placing the conference in NoVa helps that community come together and show off, and gives us a chance to introduce the great bio activity there to the rest of Virginia. It also enables great programs throughout the day.

In the morning and in all one place for your convenience, we are bringing together the directors of SBIR programs at four of the highest funding NIH Institutes, plus NSF, DARPA and DOD. They’ll present in series on their programs, and hold one on one meetings. We’ll complement that extraordinary resource with a panel of a variety of different types of private funders to share insights about conditions, trends and opportunities.

We’ll bring to the conference key federal policy makers and experts to help us take an up close look at changing federal laws and regulations that make or break our companies and our industry. Congressman Morgan Griffith (VA–9) and staff, along with policy experts from BIO and ADVAMED will explain and take comments on the 380 page discussion draft legislation recently released from the Congressman’s Subcommittee on Health of the Energy and Commerce Committee, on the 21st Century Cures Initiative to reform FDA and NIH with today’s technology for tomorrow’s needs.

Economic development professionals from around the state will gather to roundtable best practices, strategies for success, learn about one another’s progress. We will unveil a new interactive web based map of the state with all biobusinesses and members pinned, sortable by type, with key word search, that will live on the Virginia Bio website and be open to all.

Governor McAuliffe will spend the day with us, and a number of key state legislators will participate as well. Starting late morning working groups that were formed at the Governor’s December 4 Summit will report findings and recommendations for state policies to move the needle for our companies, universities and industry. We hope this will provide the information and insights that will enable members of the different branches and parties to begin to work together over the coming months to formulate policies for the Governor’s first Budget and the next General Assembly to make real advances in how the state supports and enables the biosciences, which is a widely shared goal.

All afternoon the Governor will preside over The Governor’s Summit on Bio and Big Data / Analytics. Given our Northern Virginia location, the strengths around the state and the accelerating role of data science in bioscience, biomedicine and health care, this Forum has caught great momentum. The Forum will run from 1:30 – 5:00 pm. Thought leaders from around the country will start us off, describing current exciting work, and painting a picture of the fantastic opportunities ahead for those who reach for them. Then we’ll have a lighting round of Virginia companies, institutions and translational researchers doing extraordinary work in the space already, from startups to health care systems to global data companies. If you’re a bioscience company or researcher not quite sure how big data /analytics will directly impact or lead your work, if you’re into bio and big data / analytics already but you are continuously searching for new technology and techniques to push you ahead, or for collaborators, suppliers and clients, or if you’re big data but not big bio then come check out what all the excitement is about and spot your niche.

Every exhilarating day ends better with a two hour reception with heavy hors d’oeuvres, so we’ll have that for you immediately following the Forum. Hunt down the new contacts you spotted during the day, and renew your old ties from around the state. We’ll pause for a while during the reception to honor our two most recent winners of Virginians who have made Outstanding Contribution to Biosciences, joining the 20 we honored at our 20th Celebration in Charlottesville two years ago.

Looking forward. Moving forward. Together creating the future of biosciences in Virginia.

We need you to be there, to create it together.

See you at the Westfields Marriott Washington-Dulles Conference Center in Chantilly, VA on Thursday, April 23. Visit the THRiVE 2015 webpage to register.  And thanks to our Conference Committee and our sponsors who make it all possible.


Best Regards,




Jeff Gallagher
CEO

Tags:  21st century cure  big data  convention  Economic Development  funding  government  Governor  policy  Thrive  Virginia bio  virginia bioscience 

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Opportunities For The New Year

Posted By Administration, Wednesday, December 17, 2014
Updated: Wednesday, December 17, 2014
Members and friends of Virginia Bio,

Participating in the process of public policy formation is a year round non-stop endeavor.

You may have noticed in the press that on December 4 the Governor hosted a roundtable on the commercialization of university bioscience research, the first event in a biotech initiative he announced to support the industry and determine public policy changes that will help. Virginia Bio was pleased to be an important resource to the Administration in planning this important event. MIT’s Robert Langer provided insights and inspiration. Highlights and insights from seven successful and varied university commercialization programs and experiences across the state were presented - what’s worked, what barriers remain, and what are the opportunities ahead. There was wide-ranging Q&A and discussion with the Governor and four Secretaries in his Administration. Working groups are forming to continue the discussion and evaluation, and make specific recommendations for changes which would make Virginia the best state in the nation for commercializing university bioscience research. The Governor has asked for the recommendations to be delivered to him in April, at Virginia Bio’s April 23 statewide conference; more conference information below.

Of course some seasons of the year are a little busier than others. State public policy is about to get really busy as the 2015 Session of the General Assembly kicks off on January 14. This being an odd calendar year and therefore the second year in a biennial budget, this year’s GA Session will be a short session, scheduled for 30 days but typically extended to 45 days.

At companies and research labs we work day after day and step by step to make progress on our important goals, and Virginia Bio works hard to help our members do this successfully. But each of us is swimming in a larger current, too. The conditions of this current can be with us or against, be it the economy, global current events and federal and state public policy. That’s why Virginia Bio makes significant efforts to assure the conditions of state public policy support the industry, to help our members achieve their important work for the benefit of all.

We are already busy reviewing bills which are being pre-filed in both the House and Senate prior to the star of the legislative session, and we will bring important legislation being offered to your attention. If you’re curious, follow bills as they are filed and the progress of all bills during the Session at http://legiscan.com/VA/legislation.

It is no secret that the state’s revenues are down significantly and across the board budget cuts are being put in place. Even with all adjustments to date, the budget shortfall currently stands at approximately $320 million. It is unrealistic to think that the agenda promoting policies like tax credits and grants to spur entrepreneurship and innovation will be immune to such pressure. So our efforts have been ongoing throughout the year, and will continue, to explain to policy makers the importance and impact of these programs on economic activity, company and job growth, and defend the gains we have made over the past decade.

This pressure makes all the more important that we receive fresh input from our members about the relative importance of various public policies. Will you help us by taking 5 minutes to complete a survey on your personal experience and opinions on the impact of the public policies and programs in place in the Commonwealth? Take the VA Bio survey here.

In addition, over the course of the next several months we will have periodic conference calls for those interested in learning what issues have arisen, how our policy agenda is progressing, and how they can help us succeed, by strategizing and contacting elected officials. The first call for the 2015 Session is scheduled for Monday, January 5 at 3:00 pm. Call in details to learn the policy agenda progress are here and all members are invited to listen in and participate.

On December 17 the Governor will deliver his proposed budget amendments for the coming year. The weeks following will feature comparisons and attempts at persuasion, and work with the General Assembly. If no amendments are agreed to by the General Assembly and Governor, the current two year budget passed into law in a special session some months ago will remain in effect unchanged.

Recall that the current budget calls for significant cuts in funding CRCF and GAP funds, and zeros out VBHRC (the “Catalyst”) for the coming fiscal year.

The second week in February is “Crossover” at the General Assembly; legislation which has passed one Chamber moves to the other Chamber for consideration. As in the past, Virginia Bio will host a reception for legislators and networking event for members that week. Thursday, February 12, we will hold an open reception for all members of Virginia Bio from across the state and for members of the General Assembly and Administration at the headquarters of kaléo inc in downtown Richmond (Shockoe Bottom), just blocks away from the Capitol, from 5:00 – 7:00 pm. Kaléo is one of Virginia’s most well-known and dynamic young pharma companies and recently gained national recognition when it received FDA approval of EVZIO for the emergency treatment of known or suspected opioid overdose.

We arrange for our periodic statewide board meetings of our Board of Directors, Board of Advisors and Academic Council to immediately precede the reception, to assure that leaders of the industry statewide are at the event in Richmond to speak with our elected representatives. This makes it a wonderful and convenient opportunity for you to renew ties with scores of statewide leaders and share your experiences and ideas with our policy makers. Please join us if you can. Members can register here for the Board Meeting. If you would like to help sponsor this important event, please contact either Sherri Halloran or me.

Finally, state and federal public policy matters will be on the program at our statewide daylong conference, THRIVE, scheduled for April 23, 2015 at the Westfields Marriot in Chantilly. Both federal and state policy makers have been invited, and we are now putting together programs on pressing issues. You will recall at our last statewide conference in Charlottesville in Spring 2013 both a US Senator and Congressman spent the day with us participating in various sessions, as did a number of state legislators. The Governor, several Secretaries and multiple state legislators have already committed to participating at our event in April. Find details about our THRIVE conference here.

Feel free to contact me directly at any time, and join policy group if you are interested.

Best Regards,



Jeff Gallagher
CEO

Tags:  Economic Development  funding  government  Governor  policy  Thrive  virginia bioscience 

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BIO Convention Helps Governor Focus on Industry

Posted By Jeff Gallagher, Tuesday, July 29, 2014

Members and Friends of Virginia Bio,

 

Governor McAuliffe and his Administration are making it widely known they are focusing on growing the economy, and they understand that the bioscience industry is a critical part.  


Several weeks ago the Governor attended the BIO International Convention in San Diego, accompanied by Secretary of Commerce Maurice Jones, Secretary of Agriculture and Forestry Todd Haymore, and Virginia Economic Development Partnership CEO Martin Briley and VEDP staff.   Because Governor McAuliffe was the first governor in the nation to commit to attend, VEDP staff, the convention organizers at BIO and Virginia Bio were able to build the delegation an outstanding itinerary.

Governor McAuliffe started off his full two day visit by hosting a breakfast for C level leaders of Virginia companies and research institutions to learn more about the industry, gather ideas for improved public policies, and hear tips on selling the advantages of Virginia for bioscience the world-wide BIO audience.   

The remainder of his day included making remarks at two other large gatherings – the Council of State Biotechnology Associations and the Chairman’s BIO’s Leaders Reception. He also appeared with the governors of Massachusetts and South Dakota on a panel at the unveiling of the biannual Battelle Report on bioscience commercialization in the states.   

The Battelle Report found continued steady growth of the bioscience industry in Virginia over the last five years, outperforming the national average in the rate of growth of establishments and employment.  Nevertheless in most measures Virginia has yet to crack the top 20 states.  That day Governor McAuliffe took those facts as a challenge to find and implement the right policies to make that happen.  

The Governor walked the exhibition floor, focusing time at the Virginia Pavilion to meet the companies and organizations in attendance under the leadership of Virginia Economic Development Partnership, including:
  • Greater Richmond Partnership
  • Prince William County
  • Loudoun County
  • I-81 Corridor (3 Regions:  Shenandoah Valley Partnership, Roanoke Regional Partnership, New River Valley Economic Development Alliance)
  • GoSova 
  • Howard Hughes Medical Institute – Janelia Farm Research Campus
  • George Mason University
  • U.Va. Innovation (Includes Central Virginia Partnership region)

U.Va. Innovation once again co-sponsored the Translational Research Forum, exploring how academia and the private and public sectors can best pursue the partnerships necessary to bring innovative products from the university research lab to the market.  

The message that Virginia is a great place for bio was sent out loud and clear.

Tuesday evening concluded with a Virginia reception for attendees and out-of-state companies who are partners or prospects.  It was a terrific event on a rooftop patio at the PETCO Park, home of the San Diego Padres and capped off by the Forbes announcement that once again Virginia captured the number one state for business ranking.   Check out the photos on our Facebook page.

The Governor completed his second day with an appearance at the plenary luncheon before an audience of 5,000 to introduce the speaker, former Secretary of State Hillary Clinton.

For Secretary Haymore this was a first time attending the BIO convention and a fresh perspective on the growing role and impact of biotechnology on the agricultural bio and industrial bio sectors.  The Secretary made valuable contacts with the BIO organization, and Virginia Bio will work with him to move this important industry ahead.

Governor McAuliffe has asked his cabinet, under the leadership of Secretary Jones, to prepare a strategy and steps for sparking the growth of the bioscience industry in the Commonwealth.  Virginia Bio has been asked to help in this effort, providing information and contacts to industry leaders for ideas.  

The Governor appears to be "all in” in support of bioscience industry.  The Governor’s commitment to the BIO convention followed his successful keynote remarks to the PhRMA annual meeting in Washington in May.  Those remarks can be seen in their entirety on our website

Virginia Bio will do whatever we can, directly and through our membership, to help the Governor succeed, and to build on the steady progress the state has made over the last several administrations and General Assemblies.   

 

Best Regards,

 

Jeff Gallagher

CEO

Tags:  Battelle  convention  Economic Development  Governor 

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