Zoomedia Blog
The conference was kicked off with an unnerving speech by Mayor Bloomberg who took time out of his schedule and ours to tell us to hit the streets start shopping and bring our tax dollars to NYC. While it is every Mayor's job to boost their cities particularly in tough times, it was odd that the Mayor had little to say about biotech and not much specific to say about healthcare. I would love to have heard Bloomberg's views on financing models for biotech, or his thinking on healthcare reform, drug pricing, HHS, FDA etc., but he had to rush off to present the keys of the city to Captain Sullenberger and his crew.
Later in the day, Jim Greenwood President & CEO of BIO was on camera with CNBC giving an overview of the sector and its dependence on VC money continuing to flow - http://www.cnbc.com/id/15840232?video=1027176927
Presenting company webcasts are available on the Bio CEO website:
http://phx.corporate-ir.net/phoenix.zhtml?c=128628&p=conferenceAgendaList&id=1997141&day=1
Let's hope the traditional scotch tasting party last night got some deals done as there were many companies finally moving into their last year or two of clinical development who are ready to bring important new diabetes, cancer, and pain drugs to market - but running out of cash, fast...
Tags: Biotech, investors, bloomberg, greenwood, new york