BayBio Endorses Governor's Position on Ballot Measures.Life Sciences Companies to Make Sacrifices During Difficult Budget Year 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. -- BayBio announced support for Propositions 1A-1F, urging its 465-member organizations and their employees to support the initiatives before voters on May 19. "We are all willing to make sacrifices today to improve California's economic climate well into the future," said BayBio President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Matthew Gardner. "These propositions are one piece of a set of actions needed in order to continue to provide necessary services to Californians. BayBio will pursue efforts to continue to maintain the state's leadership as the oldest, largest and most productive cluster in the world." California's life sciences companies are often times small, entrepreneurial en·tre·pre·neur n. A person who organizes, operates, and assumes the risk for a business venture. [French, from Old French, from entreprendre, to undertake; see enterprise. and focused on the research and development of new treatments and technologies. The budget negotiations in February led to important state support for this important economic industry. As more and more states and countries offer incentives to attract California-grown companies away from the Golden State, the state has been left at a disadvantage. "We need to reward innovative companies started in California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W). ," said BayBio Chairman Bill Young, who serves as Chair and CEO of Monogram monogram [Gr.,=single letter], symbol of a name or names, consisting typically of a letter or several letters worked together. A famous monogram is that of Christ, consisting of X (chi) and P (rho), the first two letters of Christ in Greek. Biosciences. "Reform will allow our life sciences companies to hire new employees, expand their facilities and continue research and development into new treatments and cures." The ballot initiatives on the May ballot will assist local communities to retain and attract growing life sciences companies. California life sciences companies have 210 treatments in phase III Noun 1. phase III - a large clinical trial of a treatment or drug that in phase I and phase II has been shown to be efficacious with tolerable side effects; after successful conclusion of these clinical trials it will receive formal approval from the FDA . In the next five years, the Years, The the seven decades of Eleanor Pargiter’s life. [Br. Lit.: Benét, 1109] See : Time companies will invest $50 billion in new employees, facilities and equipment to bring these treatments to patients. This reform will help California attract these investments. "BayBio works diligently dil·i·gent adj. Marked by persevering, painstaking effort. See Synonyms at busy. [Middle English, from Old French, from Latin d to assist our member companies find ways to invest their capital into research and development," added Gardner. "From preferred provider group purchasing to employee training to improving the California business climate, BayBio is tireless in its pursuit to maintain California's leadership in the life sciences industry." BayBio's Board of Directors voted to support the ballot measures after a recommendation from BayBio's government relations committee, which is composed of life sciences industry employees. About BayBio BayBio is the voice of the world's oldest, largest and most productive life sciences cluster. It serves Northern California's 1,300+ life sciences companies. The staff and services of BayBio are paid primarily through memberships, sponsorships, and event registration fees. |
|
|||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion