December 2009

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Biotech Business and Incubator News for December 31, 2009 Happy New Year!

December 31, 2009 by Luminogenics

Biotech and Business Incubator News for December 28, 2009

December 28, 2009 by Luminogenics

Rochester BioVenture Center

The Rochester BioVenture Center became the first incubator in New York’s Finger Lakes region able to support life sciences companies with both wet labs and business services. The biotech incubator is operated by High Tech Rochester to further the organization's mission of economic development in the region.

The Rochester BioVenture Center is located in Henrietta, New York in the University of Rochester Medical Center. The 40K square foot building was transformed from the former Wyeth laboratory into the current business incubator in 2007. Lab and office space is available in sizes ranging from 200 to 1,000 square feet for early stage and mid-sized biotech companies so that they may develop within a community of similar enterprises and remain within the area. The incubator provides access to funding, business services and a number of regular events through High Tech Rochester in affiliation with network partners. The incubator cooperates with many different organizations to facilitate the goal of transforming research into economic development.¹

Governor Patrick, Massachusetts Life Sciences Center Announce Tax Incentives Targeted At Twenty-Eight Companies

Center Awards $25 million to foster job growth in the

Massachusetts Life Sciences Supercluster

For Immediate Release:

Date: December 23, 2009

Contact: Angus G. McQuilken, MLSC VP for Communications

Phone: (617) 921-7749 Email: amcquilken@masslifesciences.com

Waltham, MA – Governor Deval Patrick and the Massachusetts Life Sciences Center announced today that the Center’s Board of Directors has awarded $25 million in Tax Incentives to twenty-eight life sciences companies. The companies receiving tax incentive awards have committed to creating a combined 918 new jobs in the Commonwealth over the coming year.

Incubator News for December 22, 2009

December 22, 2009 by Luminogenics

Temple University Provost Lisa Staiano-Coico Joins Science Center Board

Contact

Jeanne Mell

University City Science Center

215-966-6029

jmell@sciencecenter.org

PHILADELPHIA--(December 21, 2009) – Lisa Staiano-Coico of Temple University has joined the University City Science Center’s Board of Directors. Dr. Staiano-Coico is Provost and Executive Vice President for Academic Affairs, and Professor of Surgery at Temple University.

A widely published expert in skin cell biology, wound healing and burns, Dr. Staiano-Coico has held appointments as professor of nutritional sciences, professor of fiber science and apparel design, professor of microbiology in surgery, professor of public health, and professor of microbiology in dermatology. Prior to coming to Temple, she was dean of the College of Human Ecology at Cornell University. Her research has been funded by the National Institutes of Health (NIH), the New York Firefighters Burn Center Foundation and other agencies.

Orange Coast Medical Ventures (OCMV)

Orange Coast Medical Ventures was the first incubator to come from the University of California, Irvine’s Orange County Business Incubation Network in 2007. The medical device incubator was formed from a university/industry collaboration to develop “flight-ready” technology to the point that it can become attractive to outside investment. The incubator network is fostering an innovation economy in an ecosystem of venture support. UC Irvine is actively working to translate technology to the commercial marketplace within the microcosm of Orange County; this effort involves multiple venture groups within the region and is attracting significant investment.¹

National Biotech Incubator News for December 18, 2009

December 18, 2009 by Luminogenics

Building 100 Innovation Center Open House Brings Together Network of Like Minded Parties

Ben Franklin Technology Partners of Southeastern Pennsylvania held their Starving Entrepreneur Annual Open House this past Wednesday. In attendance were portfolio companies, network partners and executives at Ben Franklin’s Navy Yard headquarters in the Building 100 Innovation Center.

BFTP/SEP is a branch of the economic development program focused on building the technology-based economy through funding, business development and partnerships with regional networks. Ben Franklin strengthens education, research and development and commercialization by engaging and partnering with both early stage and developed enterprises.

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