News ItemIn the Know: January 2019

January 17, 2019 – 

NMBio: IN THE KNOW – JANUARY 


As we raise the curtain on the new year, we do so with a renewed dedication and celebration of our association’s expanding list of members, to the accelerating growth of New Mexico’s bioscience industry and the increasing pace of innovative research taking place at our universities, the national labs and scores of emerging startups from Las Cruces to Los Alamos.
 
January is traditionally the month that we reach out to our members, sponsors and prospects for financial support. On behalf of NMBio’s board of directors, I hope you’ll consider renewing your membership or consider joining the association. Almost everything we do is driven by member needs and requests; we excel at making strategic connections. This link describes some of the many benefits and resources available to you as a member.
 
Members can take advantage of discounted pricing on events as well as from more than a dozen service providers including: UPS, Airgas, VWR, ALT, Aon, Business Wire, Chubb, Clean Harbors, Humboldt, Medtrack, Nikon Instruments, Office Depot, Scientist.com, ShareVault, UniClean, UniFirst, Likarda, Econsult Solutions, MEDFAS, FreeMind, and Hatchform.
 
We’ll soon be sending member firms invoices. Members and prospects also have the option of paying online — https://www.nmbio.org/members/nmbio-membership/ Membership dues for NM firms are based on employee count. If you are a sole proprietor/consultant your annual dues are $200. Learn more about membership benefits by viewing the attachment. By combining a sponsorship with your annual membership, we will reduce your annual dues (call me for details).  
 
NMBio is planning many events for 2019, including workshops, monthly luncheons, social networking, its third annual Knowledge Fair & Expo, a legislative preview of 2020 and more. Sponsoring our events is an extremely effective way to gain visibility, goodwill and marketing exposure. Call me if you would like to discuss creating a marketing package that works for your goals and budget.
 
In addition to forwarding invoices, we’ll be sending you a short survey this month. We urge your participation; please forward your responses by February 8. Your responses will be tallied and shared with the Biotechnology Innovation Organization (BIO). The survey helps us track the growth of the state’s bioscience sector as well as the makeup of the firms in the sector (e.g., medical devices, CROs, pharmaceuticals).
 
Our kickoff Meet & Learn luncheon meeting on Thursday, January 24 is fast approaching. It features two firms on the verge of breakout success, VisionQuest and Agilvax as well as  an overview on groundbreaking bioscience research that’s taking place at New Mexico Tech. For additional information on the program and to register, click this link: https://www.eventbrite.com/e/nmbio-luncheon-meeting-tickets-54643525255
 
The title for our February 14 event is  “Maximizing NIH and DOD Funding.” Our guest speaker is Ayal Ronen, M.Sc., MBA  — http://www.freemindconsultants.com/team-member/ayal-ronen-m-sc-mba/. Ronen is Vice President of the Boston-based FreeMind Group, the premier international consulting firm specializing in assisting life science organizations secure non-dilutive funding from US federal agencies and private foundations. FreeMind’s proven long-term strategic approach has garnered its clients over $1.5 billion to date. Awards have ranged from $150,000 to $150,000,000 per project. Its team of experts will assist in making non-dilutive funding a key tool in a long-term sound financial strategy. Ayal will be available to meet privately with individuals prior to and after the luncheon meeting. If you would like to schedule a 1-on-1 meeting, send me your request by February 6.
 
FreeMind is also known for providing informative and highly-regarded monthly webinars. It’s January 31 webinar – Congressionally-Directed Medical Research Programs (CDMRP) – focuses on CDMRP’s FY2018 budget of more than $975 million. Some research areas covered include breast cancer, Parkinson’s, MS as well as additional peer reviewed topics covering Alzheimer’s and Cancer. FreeMind will discuss the various programs, process for applying, guidelines, key success components and insight into increasing chances for award.
 
Its February 26 webinar will focus on Biodefense and Infectious Disease Funding Opportunities. It will introduce viewers to sources of funding from NIAID (awards close to $6 Billion annually), DTRA, DARPA, US Army and BARDA and give examples of current open solicitations. Click on this link to register for these and future webinars:http://www.freemindconsultants.com/webinars/
 
Finally, we will be electing a slate of board members at our January 24 meeting. I’ll forward you the list of candidates on Monday. Please fill out your ballot and bring it to the board meeting (we’ll also have ballots available at the board meeting). In order to fulfill the requirements of our bylaws, 25 percent of members must cast ballots at this meeting.  We will also be expanding the board from 16 to 20 members for 2019. The newly elected board members will have the opportunity to appoint these four individuals for one or two year terms following a process of interviews based on member recommendations.
 

The New Mexico Small Business Assistance (NMSBA) Program is accepting proposals for 2019 leveraged projects


NMSBA leveraged projects allow multiple small businesses that share technical challenges to receive assistance for a project funded at a range of $20K-$100K. The New Mexico Small Business Assistance Program provides New Mexico small businesses facing technical challenges access to the unique expertise and capabilities of Los Alamos and Sandia national laboratories. At no cost to the business, small businesses can seek assistance from lab scientists and engineers to solve challenges and overcome barriers to company success. Technical assistance rendered in the form of laboratory staff time and incidental materials. The program does not provide cash or equipment to small businesses, and the assistance requested must not be available in the private sector at a reasonable cost. Learn more about this opportunity HERE
 

Where New Mexico Ranks in Sustaining America’s Innovation Economy


All over the country, technology and science are paving the way to economic success. Find out how NM and the other 49 states are faring in the Milken Institute’s 2018  State and Technology Index — http://statetechandscience.org.The Index (STSI) measures states on their science and technology capabilities and broader commercialization ecosystems that contribute to firm expansion, high-skills job creation, and broad economic growth. It aims to demonstrate a state’s foundation and preparedness for future innovative economic competitiveness and adaptability.

Massachusetts topped the ranking again in the 2018 edition of the STSI, maintaining its lead since 2002. Two Southwest states placed in the top 5. Colorado placed second and Utah was ranked fifth. Arizona placed seventeenth and Texas placed twentieth. New Mexico’s overall rank was 24. However, the state fared higher in two of three important subcategories:
  • Concentration of Life & Physical Scientists per 100,000 Workforce – 14
  • Concentration of Engineers – 11
  • Concentration of Computer & I.S. Experts per 100,000 Workforce — 36
 

2019 BIO CEO & Investor Conference, February 11 – February 12, New York, NY


Now in its 21st year, the BIO CEO & Investor Conference is one of the largest investor conferences focused on established and emerging publicly traded and select private biotech companies. Because its mission is to support industry-wide success, it presents a broad and unbiased view of investment opportunities.

Each year the BIO CEO & Investor Conference provides a neutral forum where institutional investors, industry analysts, and senior biotechnology executives have the opportunity to shape the future investment landscape of the biotechnology industry. The conference features issue-oriented plenary sessions, educational sessions focused on hot therapeutic areas and key business issues, company presentations, one-on-one meetings, and networking opportunities.

BIO’s therapeutic workshops feature MDs, CSOs and industry analysts discussing the latest information on pipeline innovation for breakthrough therapeutic topics in biopharma. Seasoned industry executives and analysts delve into timely and relevant business models, deal-making and investment trends on our business roundtables.

Why Companies Attend

  • Present company story to an audience of target investors.
  • Meet one-on-one with new and current investors, analysts, investment bankers and other potential corporate partners.
  • Hear candid panel discussions and keynotes by veteran investment and company executives.
  • Network with peers, investors and potential partners attending the conference.
  • Get the pulse on the current and proposed investment trends in biotechnology.
Event Categories:
Access to Capital, Advocacy & Government Affairs, Agricultural Biotechnology, Business Development & Entrepreneurs, Health & Life Science IT, Healthcare, Industry Information, IP & Legal Affairs, Medical Device & Equipment, Networking, Pharmaceuticals & Therapeutics, Regulatory & Reimbursement, Research & Development, Startups, Technology

Website: https://www.bio.org/events/bio-ceo-investor-conference/
Phone: (212) 398-1900 
Hotel Website: http://www.marriott.com/hotels/hotel-photos/nycmq-new-york-marriott-marquis/
 

LOCK IN BIO CONVENTION DISCOUNTS BY FRIDAY


NMBio Members have the opportunity to lock in a significant discount on two premier registration packages for the 2019 International Convention in Philadelphia, June 3-6. Convention Access and Convention Access & Partnering — Follow this link to complete the form 

Registration for BIO 2019 is not required at this point. Simply complete the form, and you will be sent your discount code prior to registration opening in early January 2019. BIO Members receive complimentary session recordings following BIO 2019–a $300 value! Complete the form by Friday, January 18th to receive your discount code.

 

SHORT TAKES:


BIO launches Innovature, a new platform to support innovation in food & agriculture
 
BIO, in partnership with the American Seed Trade Association (ASTA), is launching Innovature, an initiative to engage people in a dialogue on the promise of innovation in food and agriculture and the tangible benefits it brings to our planet, our health, and our food. The goal of Innovature is to grow awareness, acceptance and adoption of gene editing in food and agriculture, and seed positive ground for future innovations that address some of society’s most pressing challenges, such as climate change, hunger and sustainability. 
 
“While this effort is focused on food and agriculture, we know that gene editing is an important issue in the human health space as well,” said James C. Greewood, President and CEO of BIO. “As such, we are working to ensure that messaging and content on Innovature complements BIO’s messaging on gene editing in human health. Our hope is that this platform becomes a destination for consumers, policymakers and reporters to increase their understanding of how this technology can be used for a wide range of societal benefits.”


Venture Capital Funding Trends Report Q4 2018

PwC and CB Insights’ Q4 2018 MoneyTree report highlights the latest trends in venture capital funding globally.

Read More »
 

LANL: UNM Research Shows lab’s economic impact is $3.1B a year

– The lab employed 11,743 people in 2018 — up 660 from 2017. Forty-five percent of the workforce lives in Los Alamos County, 21 percent in Santa Fe County and 16 percent in Rio Arriba County.
– The lab paid out more than $1 billion in salaries in the 2018 fiscal year. LANL’s total budget was $2.7 billion.
– Of the more than $756 million in goods and services purchased by the lab in fiscal 2018, 55 percent (more than $420 million) went to New Mexico businesses, up from 45 percent the year before.
– The contracts awarded to New Mexico businesses in FY2018 totaled $269 million, compared to $262 million in 2017.

Read More »

BARDA, J&J Call On Innovators to Reimagine Respiratory Protection

J&J and BARDA are searching for innovative ideas to reinvent outdated face mask technology and protect the public from harmful infectious agents. Apply for the opportunity to pitch J&J Innovation and BARDA leadership. The innovator (s) with the best ideas will receive up to $100,000 in grants, access the J&J Innovation, JLABS ecosystem, and support developing their ideas from BARDA. Deadline to apply, February 15.

Read More »
 
 

NEW Members

K&K Skincare Products  – https://www.kk505skinproducts.com/blank
Dr. Bill Bruns – NeX Step Inc.
Sue Prelozni – sue@globaliq.org
Cathy Imburgia – cathy@mycreativecommunications.com
 

Thanks for reading! 
 
Greg 
 
Greg Byrnes
Executive Director
610-731-3671 (M)
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