Biotech’s big bash begins

BIO 2006 is under way in the windy city of Chicago, the annual meeting where states battle for companies’ attention and about 1,600 biotech companies battle for attention from each other and investors.

While it’s all taking place a few thousand miles away, local officials and companies are represented there. If you’re really interested in following the action, the event’s official Web site is here: http://www.bio.org/events/2006/. Speakers will include Bill Clinton and, for some reason I’m not sure of, comedian Bernie Mac.

Here’s some of the media accounts so far:

First, a Reuters story looking at the battle between states for a relatively small pool of biotech jobs. http://today.reuters.com/investing/financeArticle.aspx?type=bondsNews&storyID=2006-04-10T210641Z_01_N10372505_RTRIDST_0_ECONOMY-STATES-BIOTECH.XML. In addition to trying to convince companies that his or her state has the best incentives, now economic development folks have to assure them that controversial research won’t be outlawed in particular states. That’s the challenge facing Missouri officials.

During today’s festivities, by the way, the Biotechnology Industry Organization — the BIO in BIO 2006 — named Puerto Rico’s governor its “Governor of the Year” for his support of biotech activities. Here’s that announcement: http://biz.yahoo.com/prnews/060410/dcm072.html?.v=18.

And here’s a story about the Illinois governor’s pitch this morning that his state is the next big biotech hub: http://www.chicagobusiness.com/cgi-bin/news.pl?id=20142.

This story from The Age in Australia touches on that touchy subject in biotech, bioethics: http://www.theage.com.au/news/business/biotechnology-2006-there-could-be-a-fly-in-the-ointment-in-chicago/2006/04/10/1144521269610.html

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