SoCalBio Urges Support for Battelle Plan to Grow LA Region’s Bioscience Industry
Calls for Establishment of LA BIO FORWARD Joint Powers Authority (JPA) to Execute Strategic Plan; Final Recommendations to be Presented October 14 at Cal State Los Angeles
LOS ANGELES–(BUSINESS WIRE)–The Governing Board of the Southern California Biomedical Council (SoCalBio) has passed a resolution endorsing the recent Battelle Technology Partnership Study and its proposed Master Plan for Growing the Biosciences in Los Angeles. The full text of the plan is available on the County of Los Angeles website athttp://file.lacounty.gov/bc/q3_2014/cms1_217012.pdf.
The SoCalBio resolution calls on the Los Angeles County Board of Supervisors, local municipalities, economic development organizations and other entities with an interest in promoting the region’s bioscience industries (biotech, medtech and in-vitro diagnostics) to formally endorse the Battelle Master Plan. The resolution also urges stakeholders to support establishment of LA BIO FORWARD — a 501 (c)(3) Joint Powers Authority (JPA) for executing the master plan.
SoCalBio and the Los Angeles Economic Development Corporation (LAEDC) will host an open meeting on October 14 from 10 AM to noon at Cal State Los Angeles to present the final Battelle study findings. The meeting, titled “Connecting the Dots in L.A. County’s Biomedical Industry,” will include a discussion and call for all interested parties to join the LA BIO FORWARD JPA. More information about the October 14 meeting is available at http://bit.ly/BattellePlanMeeting.
“Time has become a critical factor as we wait for the Battelle plan to be approved by the Los Angeles County Board of Supervisors,” said Robert Greenberg, PhD, MD, chairman of SoCalBio and president/CEO of Sylmar-based Second Sight Medical Products. “Those who want to support our bioscience industry must take swift and decisive action to ensure the plan doesn’t derail due to the region’s political fragmentation and the industry’s wide geographic dispersal, both of which can hamper resource mobilization. Creating the LA BIO FORWARD JPA is our best opportunity for success.”Read full press release