BayBio Adds Location Management Services for Expanding Life Sciences Industry; BayBio Members to Save on, Manage Location Costs Through Incentives Negotiation and Management Program Offering.SOUTH SAN FRANCISCO South San Francisco, city (1990 pop. 54,312), San Mateo co., W Calif.; inc. 1908. South San Francisco has several industrial parks; its manufactures include medical supplies and equipment, foods, paint, paper products, consumer goods, and clothing. , Calif. -- Location Management Services (LMS (Learning Management System) An information system that administers instructor-led and e-learning courses and keeps track of student progress. Used internally by large enterprises for their employees, an LMS can be used to monitor the effectiveness of the ), a leading provider of world-class site selection, incentive negotiation and compliance services, announced today a partnership with BayBio to provide incentives negotiation and management benefits to BayBio members. LMS will assist BayBio members in securing state, local, and federal credit and incentive programs that will substantially offset the cost of expansion or new construction in the rapidly growing biotechnology industry. While traditionally the partnered level of incentive negotiation services was only conducted for the largest companies, all members of BayBio will now have access to these services offered by LMS at no upfront cost. Customary incentive packages for the biopharmaceutical industry typically include state and federal programs such as Empowerment Zone tax credits, Federal Renewal Zones, New Market Tax Credits and grants toward new construction, state investment and abatements, as well as job creation programs. Further special incentive programs exist at all levels of government for biotech bi·o·tech n. Informal Biotechnology. biotech Noun short for biotechnology Noun 1. companies. "We are pleased that BayBio has chosen LMS as its partner," said Jim Renzas, Chief Executive Officer of Location Management Services. "We look forward to saving its members millions of dollars in their expansion efforts, and are excited that our expertise and experience can help BayBio members take their businesses to the next level." "While competition for our member companies heats up, with proverbial pro·ver·bi·al adj. 1. Of the nature of a proverb. 2. Expressed in a proverb. 3. Widely referred to, as if the subject of a proverb; famous. carrots dangling all over the place, a membership in BayBio now also provides equal negotiation power, especially for life sciences companies that need all the support they can get on their arduous ar·du·ous adj. 1. Demanding great effort or labor; difficult: "the arduous work of preparing a Dictionary of the English Language" Thomas Macaulay. 2. path to delivering cures to patients," commented Matt Gardner, President of BayBio. About Location Management Services Location Management Services, founded in Mission Viejo, California “Mission Viejo” redirects here. For other uses, see Mission Viejo (disambiguation). Mission Viejo (anglicized pronunciation IPA: /ˈmɪʃənviːˈeɪhoʊ/ , is a leading provider of world-class site selection, incentive negotiation and compliance management services for companies considering new facilities, expansions, consolidations, dispositions, and relocations. LMS has cumulatively realized more than $2 billion in job creation and investment incentives for its clients as a result of incentives negotiations and compliance management. During the last three years alone, LMS completed more than 700 site selection and incentive negotiation projects. About BayBio BayBio is Northern California's life sciences industry association. We support the regional bioscience community through advocacy, enterprise support and the enhancement of research collaboration. Our members include organizations engaged in, or supportive of, research, development and commercialization of life science technologies. BayBio is the regional affiliate for Northern California Northern California, sometimes referred to as NorCal, is the northern portion of the U.S. state of California. The region contains the San Francisco Bay Area, the state capital, Sacramento; as well as the substantial natural beauty of the redwood forests, the northern of the Biotechnology Industry Organization Biotechnology Industry Organization or BIO was founded 1993 in Washington, DC. James C. Greenwood is BIO's current President. External links
n. pl. bi·os Informal 1. A biography. 2. A biographical sketch or outline. ). For more information please visit www.baybio.org or call (650) 871-7101. |
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