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CLSA Wire

BayBio Targets International Markets at Annual Conference

BURLINGAME, Calif. – April 21, 2011– All eyes are on how to access the global market place and its resources for biotech research and development at BayBio2011: Powering Global Innovation, the annual conference for Northern California’s life science community.

“Life science companies increasingly think outside US borders to develop new treatments, access markets and conduct clinical trials,” BayBio President and CEO Gail Maderis said. “The future model for life science R&D lies with the ability to operate internationally and we want to prepare our community.”

More than 900 people from 400 companies representing 18 countries are attending the BayBio2011 annual conference. National and international leaders describe their achievements and lessons learned in today’s global marketplace.

Keynote speakers include:

  • Dr. J√∂rg Reinhardt, chairman of the board of management at Bayer HealthCare
  • Myrtle Potter, president and CEO at Myrtle Potter & Co. and Myrtle Potter Media, and president and COO at Genentech, Inc. (2000 – 2005)
  • Sofie Qiao, PhDpresident, CEO and co-founder at LINQ Pharmaceuticals
  • Richard M. Sollsenior vice president, Integrated Services at WuXi AppTec
  • James Sullivan, PhDvice president, pharmaceuticals discovery at Abbott
  • Gregg H. Alton, executive vice president, corporate and medical affairs at Gilead Sciences

According to the 2011 BayBio/CHI/PWC CEO Survey, 68 percent of CEOs said they expected to expand the overall size of their workforce within California, while only 31 percent planned to increase workforce levels outside the state. The BayBio2011: BioSpace Career Fair will attract more than 1,200 job hunters. Nearly 20 companies are recruiting talent at the career fair.

Nearly half (47 percent) of respondents ranked “an unprepared workforce” among the top three threats to the industry. Anticipating future workforce needs, the science competition at BayBio2011 is a direct response to concerns from the 2011 BayBio/CHI/PWC CEO Survey.

Twelve high school students are competing in the inaugural Bay Area BioGENEious Challenge. Three finalists will advance to the U.S. National BioGENEius Challenge and have a chance to compete at the International BioGENEius Challenge competition, which will be held June 27, 2011 at the 2011 Biotechnology Industry Organization (BIO) International Conventionin Washington, D.C.

A live video stream of interviews produced by BioMindshare will be streamed to www.baybio.org starting at 10:00am on April 20 and running continuously until the end of the conference. In addition, all convention related content will be tagged with #baybio2011.

About BayBio

BayBio is an independent, non-profit 501(c)(6) trade association serving the life science industry in Northern California. The staff and services of BayBio are paid primarily through memberships, sponsorships, and event registration fees. BayBio provides these services through representatives in South San Francisco, Emeryville, Sacramento and through coalition partners in Washington, DC.