
Time: January 26, 2012 from 6pm to 8:30pm
Location: Squire, Sanders & Dempsey
Street: 275 Battery Street, Suite 2600
City/Town: San Francisco, CA
Event Type: baia 2012, baia, biotech, panel
Organized By: BAIA
Latest Activity: Jan 26
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Life sciences are fostering one of the great revolutions of our times. Breakthroughs in life sciences, information technology, telecommunications and nanotechnology are complementing one another and enabling the extraordinary progress that we currently are experiencing in biotechnology. As recent as 15-20 years ago there were only a handful of biotechnology-derived products on the market. Now, despite the length of time and massive financial resources needed, the number of approved products has ballooned into the hundreds. And more importantly, there is a rich pipeline of products in various stages of development.
According to the Ernst & Young, Global Biotech Report 2011, in 2010 biotech companies in the US, Australia, Canada and Europe had a record-breaking aggregate net profit of $ 4.7 billion, a 30% increase from the previous year and they were able to raise $25 billion although the amount of “innovation capital” provided by the venture capital community declined 20%.
A panel of renowned biotech professionals with a knowledgeable moderator, Pitch Johnson, a pioneer venture capitalist and one of the early investors in Amgen, will address challenging questions, such as:
What things should we do in the U.S to support the biotech industry?
Grazia Bennett, Sotheby's International Realty
Squire, Sanders & Dempsey, an international law firm with 36 offices in 17 countries
Please contact event@baia-network.org for sponsorship opportunities.
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