Colorado BioScience Association’s Post

Very interesting article in the The Washington Post on a glut of lab space in Boston. There are, of course, global financial drivers at play but is also shows how vital the right incentives framework there is for innovation. Without a driver for innovative medicines, you lose the impetuous throughout the development chain. Venture capital goes where it knows it can make a return. No return, no investment. No investment, no growing start ups and the multiple layers of industry that serve them. And the ultimate losers are patients as there is less in the pipeline, especially in rare or complex diseases that need an extra push to make them an investment target. EuropaBio - the European Association for Bioindustries Lab spaces boomed during the pandemic. Then the experiment took a turn. https://lnkd.in/ev2UXmfR

New Jersey is not just a state; it's a burgeoning hub of innovation and business opportunity, especially in the life sciences sector. I'm excited to share the latest episode, featuring an enlightening conversation with Kara Moore from the New Jersey Economic Development Authority (NJEDA). Her insights into how New Jersey is driving economic growth and fostering a thriving environment for businesses are eye-opening. Kara's expertise in life sciences and her role in transforming New Jersey into a powerhouse of innovation offer a unique perspective on the state's strategic initiatives and the opportunities they present for CEOs and investors. Here are 7 of my biggest takeaways: 👇 𝐍𝐉'𝐬 𝐔𝐧𝐢𝐪𝐮𝐞 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐀𝐝𝐯𝐚𝐧𝐭𝐚𝐠𝐞: [00:16:43] "Turning net operating losses into non-dilutive capital is like having free money." 𝐁𝐢𝐨𝐦𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐢𝐧𝐠 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧: [00:25:08] "We're bridging trends with training, like our first simulated clean room in NJ." 𝐇𝐞𝐥𝐢𝐱: 𝐀 𝐌𝐚𝐣𝐨𝐫 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭: [00:33:47] "A $731 million investment in health and life sciences." 𝐍𝐉'𝐬 𝐓𝐚𝐥𝐞𝐧𝐭 𝐏𝐨𝐨𝐥: [00:50:44] "445,000 life science workers make NJ a talent magnet." 𝐒𝐜𝐢 𝐓𝐞𝐜𝐡 𝐂𝐢𝐭𝐲: [01:03:09] "Jersey City's hub for digital health and AI innovations." 𝐂𝐥𝐢𝐦𝐚𝐭𝐞 𝐓𝐞𝐜𝐡 𝐒𝐮𝐩𝐩𝐨𝐫𝐭: [01:04:23] "Partnering with Hax for climate tech innovation in NJ." 𝐍𝐉'𝐬 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧 𝐄𝐜𝐨𝐬𝐲𝐬𝐭𝐞𝐦: [01:06:58] "NJEDA's role in shaping a supportive environment for businesses." - Tune into the full episode for a comprehensive insight into New Jersey's exciting transformation. (Links to the full episode in the comments) Which part of the episode resonated with you the most? Like, comment, and share with those who might find this content valuable. #bio2023

Did you know this about the Upstate? Pretty cool. The U.S. Economic Development Administration announced that the Upstate of South Carolina was named as one of the 31 federally designated tech hubs as part of the Tech Hubs Program which is aimed to at transforming high-potential regions of the country into globally competitive innovation centers. Will this push demand for office space as the Upstate's tech industry continues to grow? https://lnkd.in/eKb8vV8u

How did Massachusetts become the Silicon Valley of life sciences? Can a similar approach achieve similar success with climate tech and other emerging industries? What are the ingredients of the special sauce that can drive innovation in the Frontier State? Where might intentional and effective public/private/academic/community collaborations be replicated in other regions, in other nations, and on other issues? #innovation #Massachusetts #Boston #lifesciences #climatetech

📢 CALLING ALL #CRPeople! #Innovation doesn't happen by itself... We want to hear from YOU! Help us #improve the quality of life in Cummings Research Park by taking this short survey (linked below). Tell us what you like, don't like, or would like to see! We want to know it all. TAKE THE SURVEY: https://lnkd.in/g_NCvNmd

✨️My new blog post for Center for Security and Emerging Technology (CSET) goes live today!✨️ The Biden Administration’s “Investing in America'' agenda designates $80 billion to focus on “place-based industrial policy,” representing a historic level of government investment. This latest blog post previews CSET research from me and my co-author Hayes Meredith exploring the keys to success in place-based innovation. Can the United States use place-based innovation efforts not only to spur innovation, but also to build resilience in underserved, underinvested communities, dually enhancing both U.S. economic and national security? Check out the post below!⬇️

Our latest article, "The Heartland Advantage: New Frontiers for Life Science Businesses," explores the transformation of America's heartland into a dynamic hub of research and development. From collaborative ecosystems to cost-effective business environments, discover the factors driving this evolution and its implications for the global life sciences industry. Join the conversation and uncover the hidden potential of the heartland! https://lnkd.in/eycxqy6X #lifesciences #USMarket #innovation #heartland Mindy Daeschner Chris Howie Tamara Medina Mark Stimpfig Ian Collins

#socialInnovation is an importent step to improve our innovation system. See the publication of our colleagues of the Institut für Innovation und Technik (iit)

Embark on a journey of boundless possibilities with us as we extend the horizons of our network, transcending geographical boundaries to shape the future of healthcare. Our network's reach is ever-expanding, and it's a thrilling adventure to be part of. We've thoughtfully established multiple research sites nationwide, all with a singular purpose: to reach as many patients as possible. This strategic approach isn't just about numbers; it's about fostering diversity and inclusivity. By connecting with a diverse array of participants, we ensure that innovative treatments and medical advancements can benefit individuals from all walks of life. The possibilities are limitless, and together, through the power of collaboration, we can shape the healthcare landscape of tomorrow. At M3 Wake Research, our journey isn't just about broadening our horizons; it's about weaving diversity into the fabric of a healthier future for everyone.

The federal government has named Puerto Rico a “Tech Hub” — a designation that opens the door to up to $75 million in federal funding for a local consortium that's working to establish the region as a global leader in advanced biosciences research and biohealth innovation! Puerto Rico was one of 31 Tech Hubs selected by the U.S. Department of Commerce’s Economic Development Administration as part of a $500 million investment in strengthening the country’s economic and national security. Great news for the Puerto Rico Science, Technology & Research Trust . A #KnowledgeEconomy creates growth. An #InnovationEconomy accelerates that growth!