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CLSA Wire

Governor Recognizes Life Science Industry in Annual State of the State Address

Governor Brown at the State of the State Address on January 22 (photo courtesy CalChannel).
Governor Brown at the State of the State Address on January 22 (photo courtesy CalChannel).

Last week, Governor Jerry Brown delivered his annual State of the State address and specifically highlighted the strength of the California biomedical and life science industry, noting:

“California is the nation’s leader in developing medical and scientific advances that will cure diseases and lower costs. We have six of America’s twelve top-performing metropolitan areas in biotechnology: San Diego, San Jose, San Francisco, Oakland, Los Angeles and Orange County. Last year, we created a tax credit to help innovators, in these regions and beyond, hire and expand in California. Four out of the world’s twenty leading academic bioscience institutions are located here in California: UCSF and Berkeley, UCLA, Stanford and UC San Diego. Just as California has led the way with stem cell research, so too can we pioneer the new field of precision medicine which uses genomics, medical devices, computer sciences and other fields to treat individual patients, instead of broad populations.”

The complete transcript of the speech is here.  On the heels of implementing his California Competes tax credit last year, and a targeted tax credit for biotech manufacturing and research and development, Governor Brown’s inclusion of biotech in his annual address signal his continued commitment and interest in California’s life science industry.  BayBio thanks the Governor for his continued engagement with our industry, and we look forward to partnering with his administration to promote policies that maintain California’s pre-eminent position as the worldwide leader in life science innovation.

In less than eight months, the BIO International Convention will bring thousands of the most powerful biotech and pharma players from 65 countries to California’s San Diego Convention Center, delivering valuable exposure and global opportunities to our state’s rich life science community.

It is important that we capitalize on the extensive convention attendance with a strong presence at the California Pavilion to promote our state’s leadership. We’ll be able to reach thousands of organizations including the world’s foremost biotech companies, top 25 pharma companies, top 20 CROs and CMOs, more than 300 academic institutions including major research labs and government agencies worldwide, as well as the industry’s leading consultants and service companies.

The 2014 California Pavilion offers a premium location at the entrance of the Exhibit Hall and at the main entrance leading into the Business Forum area.  The Pavillion provides an incredible level of visibility to attending life science and pharma executives and offers a turn-key solution that allows your company to exhibit on par with large corporate players at a fraction of the cost.

If you are interested in participating as a speaker, an exhibitor or as a sponsor at BIO and the California Pavilion, please contact misha@baybio.org. For a full California Pavillion prospectus, click here.