Category Archives: Business of Biotech

BIO Innovation Zone Company Snapshots: ONL Therapeutics and Lipella Pharmaceuticals

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Next month in Philadelphia at the BIO International Convention, BIO will be partnering with the National Institutes of Health (NIH) and the National Science foundation (NSF) to host the 2nd annual, newly-expanded BIO Innovation Zone. The Zone will feature Small Business Innovation Research (SBIR) funded early-stage biotech companies. The SBIR/STTR program provides U.S. federal funding to small businesses engaged in research with the potential for commercialization. Each of the companies has been rigorously vetted through the SBIR/STTR review process prior Read More >

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BIO BizLink Approaches Milestone as Convention Approaches

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In less than a year’s time, BIO BizLink, BIO’s peer-rated CRO/CMO database and project management tool, has attracted nearly 1,000 companies looking to connect in the pre-clinical and clinical contract research space! In a recent survey of biotech companies, all of those that responded indicated that they were maintaining or increasing their contract service budget over the coming year. As the industry’s largest event, the 2015 BIO International Convention in Philadelphia is perfect for meeting Read More >

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FOX Business: BIO CEO Jim Greenwood Discusses State of the Industry

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BIO President and CEO Jim Greenwood recently appeared on Fox Business Risk & Reward with Deirdre Bolton to discuss the current state of the industry. Greenwood quickly debunked the “bubble” rumor by explaining the index continues to move up year over year and it is driven by strong science that results in strong returns and that increasing sophistication among investors allows them to more accurately assess company valuations than in the past. Further, Greenwood addressed Read More >

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2015: A Promising Year for Biotech Jobs

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If you’re in the biotech sector and are looking for a new career, you’re in luck: according to a recent survey by BioSpace, 70% of respondents believe new jobs will be on the horizon this year. The majority of respondents say that small firms will lead the hiring rush. The poll was split over where most hiring would occur, with 39% believing it would go to research and development jobs, and 39% believing it would Read More >

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The Perfect Close

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With a fast and furious finish, yesterday, March 2nd, the Nasdaq Composite (IXIC) closed at 5,008.10, marking the third day in history with a close above 5,000. Since 95% of US publicly traded biotech companies are listed on the Nasdaq exchange, the team at BIO couldn’t help but join the excitement. Back in 2000, the Nasdaq index was flourishing with dot coms. At that point there was no Facebook or Netflix and Google wasn’t public. Read More >

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