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Wednesday, January 18, 2012
Some $10 million will fund a life-sciences package that could go toward supporting research at colleges or businesses.
Lt. Gov. Bill Bolling, the state’s chief jobs-creation officer, said Virginia has completed 671 business deals since the start of the administration. But life sciences and biotechnology — Maryland’s bread and butter — are areas where the state intends to step up its efforts.
“There, frankly, are a lot of states around the country over the course of the past several years who have been a lot more aggressive in the area of biotechnology and life sciences than we’ve been,” he said. “Places like Massachusetts and Texas and Pennsylvania, even Maryland has been much more — well, I shouldn’t say ‘even’ Maryland.”
“Maryland,” the governor chimed in.
“Maryland has been much more aggressive in some of these biotechnology, life sciences areas,” Mr. Bolling said.
The quality of Virginia’s health care facilities, its universities and pharmaceutical companies make it primed to expand in those field, Mr. Bolling said.
“We believe this is a sector we can compete in more effectively than we have in the past,” he said. “Some of these new and emerging biotechnology and life-sciences companies that we’ve had a hard time tracking, frankly, we’re going to get in the game on those, because it is a growing area of the economy.”
Mr. McDonnell, who has consistently said he wants Virginia to be the “Energy Capital of the East Coast,” also proposed $500,000 to go toward offshore wind-energy development — another of Maryland Gov. Martin O’Malley’s legislative priorities in the coming General Assembly session.
The largely friendly regional rivalry between Maryland and Virginia took a sharper political edge last year, when Mr. McDonnell and Mr. O’Malley took the reins as chairmen of their parties’ respective governors associations.
Virginia famously beat out Maryland, as well as the District, to lure defense contractor Northrop Grumman’s headquarters in 2010, thanks in part to an incentives package worth between $12 million and $14 million. Last year, engineering giant Bechtel announced it was moving its corporate headquarters from Frederick to Fairfax, bringing with it 625 jobs and an $18 million investment.
posted in: EmployerNews, Maryland, News, Virginia
Wednesday, January 18, 2012
Edinburgh’s BioQuarter, Midlothian’s Biocampus and the Port of Leith are all set to enjoy special incentives, including cuts in business rates and a streamlined planning process, in a bid to stimulate investment, create jobs and boost the economy. City economic development convener Tom Buchanan said the move was recognition of the key role which the Capital played in driving the Scottish economy.
He said: “We’re delighted Edinburgh has been recognised in relation to biosciences at Little France and the renewable sector at the Waterfront. This is a remarkable achievement for the city. It should help us to develop in these fields more quickly than we would normally expect.”
The Scottish Government announced a total of 14 sites as part of four enterprise zones, where incentives could also include broadband assistance and support for inward investment.
The BioQuarter, next to Edinburgh Royal Infirmary, and Midlothian’s Biocampus at Easter Bush, Roslin, are part of the Life Sciences Enterprise area, which also includes sites at Irvine in Ayrshire, Forres in Moray, and at Inverness.
The Port of Leith, together with Dundee, forms the Low Carbon Renewables East Enterprise Area. All the zones are due to be operational from April.
Around 1200 medical jobs are based in the BioQuarter. Two spin-out companies were established last year and there are plans for three more this year. The latest building on the 20-hectare site is expected to welcome mid-size biotech companies in April.
The government said the boost for the BioQuarter would also help with the regeneration of nearby Craigmillar.
posted in: EmployerNews, National, News
Monday, January 16, 2012
Biotech Futures is a full-day career exploration event featuring scientist speakers, panel presentations, company presentations, science demonstrations and laboratory visits at Bridgewater State University. The event, organized by the Massachusetts Biotechnology Education Foundation (MassBioEd) is part of an ongoing effort to increase interest in careers in science, technology, engineering and math (STEM) fields.
Lance Hartford, executive director of MassBioEd, said Biotech Futures “will allow the students who participated to apply science and theory to the practical world while participating in university labs. It is this blend of academic and experiential learning that provides students with the opportunity to fully grasp the wonders of science and career possibilities.”
MassBioEd receives financial and programmatic support from the Massachusetts Biotechnology Council (MassBio) and its 600 member organizations.
Throughout the day, students participated in several hands-on labs showcasing topics and techniques including green chemistry, green fuels and biodiesel, building virtual experiments with LabView, strawberry DNA isolation, BSU CRIME (biological microscopy), fluorescence spectroscopy in sciences, making microalgae balls to investigate photosynthesis, and the human involuntary reflex response.
“We need to get young people excited about learning science and engineering, and about careers in these fields. Biotech Futures provides kids with hands-on opportunities to learn, and more importantly, to be inspired. The students make Biotech Futures a success with their enthusiasm, curiosity, and their amazing potential to learn,” said David Mantus, Senior Vice President for Development and Regulatory Affairs with Seres Health, and the keynote speaker at Biotech Futures.
posted in: EmployerNews, National, News
Wednesday, January 11, 2012
Several factors have been fuelling growth in the US biotechnology sector, which has been expanding on account of technological innovations, extensive R&D, research grants, government support, and public and private investments amongst others. In 2010, the US biotech industry reached the mark of US$ 349 Billion. The industry is expected to post significant profits in the coming years, with investments and innovations by major players widening. In near future, the market is expected to grow at the CAGR of around 9%.
Read Full Article
posted in: EmployerNews, National, News
Monday, January 09, 2012
A webcast of Mr. Nielsen’s remarks will be available live. You can access the webcast at the Company’s website: http://www.biopathholdings.com .
About Bio-Path Holdings, Inc.
Bio-Path is a biotechnology company focused on developing therapeutic products utilizing its proprietary liposomal delivery technology designed to systemically distribute nucleic acid drugs throughout the human body with a simple intravenous transfusion. Bio-Path’s lead product candidate, Liposomal Grb-2, is in a Phase I study for blood cancers. Bio-Path’s second drug candidate, also a liposomal antisense drug, is ready for the clinic where it will be evaluated in lymphoma and solid tumors, and its third candidate is a liposomal siRNA cancer drug that is in the final pre-clinical development stage. These product candidates and the delivery technology have been licensed from The University of Texas MD Anderson Cancer Center.
posted in: EmployerNews, News
Wednesday, April 20, 2011
According to the U.S. Labor Department, 13 of the 20 fastest-growing occupations between 2004 and 2014 are related to health care, with home health aides, medical assistants and physician assistants in the top five.
The job market in the medical field has remained strong despite the recession. Many health care workers can benefit from a high salary as well as easy access to upward mobility in a few years’ time, according to healthdegrees.com.
Frederick Memorial Hospital’s marketing and public affairs specialist, Amanda Changuris, said she agrees overall with the assertion the medical field is ripe for careers.
“We’ve certainly been hiring—in the range of about 50 nursing positions in the last three or four months,” Changuris said.
But the need for health care workers is not limited to nurses.
Including turnover, Frederick Memorial hires on average 500 to 700 people of different specialties in a year, said Donna Hagedorn, the hospital’s director of employment services.
“I think with the changes occurring in health care with regard to the aging population, increased cost, demand for diagnostic tests in the U.S. and with government changes to Medicare and Medicaid—all of this leads to a need for people to better manage what’s taking place,” Hagedorn said.
Read Full Article
posted in: EmployerNews, National, News
Thursday, March 24, 2011
The decision to start these facilities signifies PRA’s commitment to meet the rising demand for services in the Middle East and Eastern Europe.
The aim is to accommodate its continuous expansion globally, and increase its offerings to clients.
PRA’s Israel office in Tel Aviv makes it convenient to access for local staff and helps provide services in this area to its clients.
posted in: EmployerNews, News
Thursday, March 24, 2011
BIO Institute orchestrates business leadership in the service of educational programs and job-creating technology startups.
PROPEL helps to guide the development of formation-stage and early-stage life sciences companies through a series of programs.
It provides entrepreneurs with access to specialized resources and expertise and since its inception over 60 companies, with more than 190 jobs, have leveraged nearly $36m in capital.
posted in: EmployerNews, Illinois, News
Thursday, March 17, 2011
An increasing fraction of your competition has an unfair advantage: In 2011, record numbers of entry-level jobs—the jobs you’re applying for—are going to scientists who already have industry experience.
It’s not your father’s job market—or your older brother’s, for that matter. It is very definitely an employer’s market. Companies have access to more talent than they’ve seen in years for every job opening they announce.
Employers can choose whomever they want in a market like this, and scientists with industry experience have big advantages. If you don’t have experience, you have to do what you can to offset those advantages.
posted in: EmployerNews, National, News
Monday, February 22, 2010
The wheat industry is moving ahead with biotech wheat ressearch, although not all wheat producers agree that it will benefit farmers.
Rebecca Bratten, who has worked 12 years as director of policy for the U.S. Wheat Associates, told producers gathered for the 57th annual National Hard Spring Wheat Show in Williston, N.D., that the commercialization of biotech wheat was not an “if it will happen” event, but a “when it will happen” event.
“Our board has directed us to go ahead and commit to the research and commercialization of biotech wheat,” Bratten said. “The question is when it will happen and we don’t know that yet.”Read Full Article
posted in: News, North Dakota
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