Daily Business Report-June 2, 2017
Illumina CEO Francis deSouza will host a Fireside Chat at the convention.
San Diego Life Sciences Leaders
Poised to Make Big Splash at BIO 2017
June convention is the Comic-Con of biotech
With its cluster of universities, academic research institutes and biotech, pharmaceutical, device and diagnostics companies, San Diego is a world leader in biomedical innovation. That prowess will be on full display from June 19 to 22 at the San Diego Convention Center as representatives from San Diego’s biomedical community take the stage at the BIO 2017 International Convention.
The theme of this year’s convention is “Breakthrough.” More than 50 San Diego researchers, business leaders, scientists and venture capitalists will present, showcasing the innovative work and numerous breakthroughs that have made San Diego a life sciences hub. Several sessions highlight new approaches being developed here that promise to treat unmet medical needs.
“San Diego’s booming innovation economy is leading the way on everything from drones to genomes,” said Mayor Kevin Faulconer in a welcoming message. “That’s why San Diego is the perfect host city for BIO 2017 — a convention that brings together biotech industry leaders from around the world to showcase the exciting discoveries being made in life sciences.”
A few convention highlights include:
- Illumina CEO Francis deSouzawill host a Fireside Chat.
- J. Craig Venter, founder and CEO at the J. Craig Venter Institute, will speak at the Personalized Medicine & Diagnostics Track Opening Plenary: Genomics and the Future of Personalized Medicine. Venter was the first person to map the human genome.
- Magda Marquetchairman and co-founded or Ajinomoto Althea, will participate in the 13th annual Biotechnology Entrepreneurship Boot Camp.
- Rolf Bodmer, professor and program director of the Development and Aging Program at Sanford Burnham Prebys Medical Discovery Institute, will speak during the session on Reimagining Old Age: New Frontiers in the Science of Aging.
- Jay Lichter, managing director at Avalon Ventures, will speak during Transforming Local Innovation into Global Innovation.
San Diego will also be well-represented during BIO’s Start-up Stadium, which gives emerging life sciences companies priceless opportunities to meet with investors, venture philanthropy groups and BIO attendees.
Click here for a guide to the convention.
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16,500: Expected attendance for the four-day event
76: Number of countries attendees hail from
$23.8 million: How much attendees will spend while they’re in town
$40.4 million: Total estimated economic impact of San Diego hosting the event
Source: San Diego Convention Center Corporation
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New Sciences Complex Part of SDSU Drive
to become a Top 50 Public Research University
San Diego State University’s Engineering and Interdisciplinary Sciences Complex is a centerpiece of the university’s drive to become a top 50 public research university. The brand new complex, set to open in January, is built around the idea of fostering collaboration, with cutting-edge labs and equipment, plentiful shared workspaces and glass walls to inspire curiosity. The students, scientists and engineers who work there will be tasked with sharing their ideas with one another and seeking guidance from other fields to spur innovation. And none of this would be possible without the generous support of SDSU’s donors, says Mary Ruth Carleton, SDSU vice president for university relations an development.
“With the development of the EIS Complex, we’re asking donors to support our research vision,” said Carleton. “We are putting our flag in the ground and saying, ‘We are a research university and we need people who believe in us to invest in that identity. Take a look at those who have made the investment; it is quite an impressive roster of alumni and friends.’”
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State Senate Approves Bill Expanding
Community College Baccalaureate Pilot Program
State legislation that would expand and extend a pilot program allowing a limited number of California community colleges to offer a bachelor’s degree passed a key test Wednesday when the California State Senate endorsed the bill on a 38-2 vote.
SB 769, authored by state Senator Jerry Hill (D-San Mateo), now goes before the California State Assembly. The legislation seeks to expand the number of community college baccalaureate programs from 15 to 25 while also extending the pilot program – which is due to expire in 2023 – to July 1, 2028.
Mesa College offers a bachelor’s degree in Health Information Management. Launched in 2015, Mesa’s degree program prepares students to work at a management level in a variety of health care settings and with salaries of up to $144,000 annually. The college’s first class of upper division students will be awarded bachelor’s degrees in May 2018.
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BLT Enterprises Acquires
Carlsbad Industrial Building
BLT Enterprises has acquired a 60,000-square-foot industrial building in Carlsbad from El Cedro LLC for $9 million. As part of the transaction, El Cedro leased-back the entire property for three years.
Located in Carlsbad Research Center, the property is adjacent to McClellan-Palomar Airport, and features 26-foot warehouse clear heights, 10×10-foot truck well loading doors, 12×12-foot ground level doors, 180 parking spaces, and a secured gated loading area.
Comprised of a two-story lobby with a mix of private and open area offices, the property is located at 5940 Darwin Court.
Ron Jacobson of SD Realty Partners represented BLT Enterprises as the buyer in this transaction. The seller was represented by David Steffy of Palomar Commercial.
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Personnel Announcements
Michael Deangelo Jackson Reappointed
to California Board of Registered Nursing
Michael Deangelo Jackson, 45, of Chula Vista, has been reappointed to the California Board of Registered Nursing by Gov. Jerry Brown. Jackson has served on the board since 2012.
Jackson has been a clinical nurse in the Department of Emergency Medicine at the University of California, San Diego Medical Center since 2000, where he served as an extern from 1999 to 2000. He has been an adjunct clinical faculty member in the registered nursing program at Southwestern Community College since 2007 and was an operations supervisor at Scripps Mercy Medical Center from 2007 to 2014. Jackson was a mental health worker at Scripps Mercy Medical Center from 1992 to 2000. He served as a lance corporal in the U.S. Marine Corps Reserve from 1989 to 1993. Jackson earned a Master of Science degree in nursing from Walden University. The position does not require Senate confirmation and the compensation is $100 per diem. Jackson is a Democrat.
