 |
BioPharm America™ 2009 Gains Wide Support
of Venture Capital Community
22 of the Top Venture Capital Firms to Attend Partnering
Event, Participate in Advisory Committee and Showcase Portfolio
Companies to Industry Dealmakers
Carlsbad, CA and San Francisco,
CA, May 6, 2009: EBD Group today announced
that many of the world’s leading life science venture capital
(VC) firms will participate in the North American partnering
conference, BioPharm America™ 2009, taking place at the
San Francisco Marriott, September 16–18.
Held in the largest cluster of VCs and biotech companies
in the world, BioPharm America 2009 has already gained the
support of 22 of the top VCs in biotech. Their support also
extends to participation in the BioPharm America Investment
Advisory Committee, which helps direct the overall conference
program. This exceptional level of VC participation further
ensures that BioPharm America 2009 will feature a high concentration
of quality early-mid stage firms from among the top healthcare
VC portfolios.
“With the IPO and financing climate currently in the doldrums
in both Europe and the US, the most important business objectives
for our portfolio companies are frequently in the partnering
and licensing area. Often the companies’ future expansion
plans are acutely dependent on such success,” said Dr. Jonathan
MacQuitty, Partner, Abingworth.
Dr. Rodney A. Ferguson, Managing Director, Panorama Capital,
expanding MacQuitty’s point said that “corporate partnering
is the life blood of venture-backed biotech companies and
critical to their survival and success.”
James N. Topper, General Partner, Frazier Healthcare Ventures,
commented, "Strategic partnering and licensing transactions
have become an essential part of the business model for
privately backed biopharmaceutical companies. As a result,
it is critical that companies begin to develop the appropriate
set of relationships as early as possible during their development."
Morrie Ruffin, Managing Director, Adjuvant Global Advisors,
added, “We are very encouraged that the top venture firms
have embraced the idea of establishing a major life sciences
partnering and business event in California. Their participation
signals the importance of this type of initiative to all
venture-backed firms and also to the large and mid-tier
pharma in the U.S., Europe, and Asia looking for compelling
in-licensing and partnership opportunities.”
“We welcome the wide support of the VC community in making
BioPharm America the most productive and opportunity rich
partnering event in North America,” stated Carola Schropp,
President, EBD Group. “Our two largest European meetings,
BIO-Europe and BIO-Europe Spring®, have recently experienced
a dramatic spike in partnering intensity, generating a combined
17,500 one-to-one meetings. We see this pace of partnering
continuing at BioPharm America.”
To date, VC firms committed to participate in BioPharm
America 2009 include: Abingworth, Aisling Capital, Alta
Partners, Burrill & Company, Clarus Ventures, Delphi
Ventures, Essex Woodlands Health Ventures, Frazier Healthcare
Ventures, InterWest Partners, Kleiner Perkins Caufield &
Byers, Lumira Capital, Mohr Davidow Ventures, MPM Capital,
New Leaf Venture Partners, Panorama Capital, ProQuest Investments,
Prospect Venture Partners, Skyline Ventures, Sofinnova Ventures,
TPG Biotech, U.S. Venture Partners, Versant Ventures
About EBD Group
EBD Group is the leading partnering firm for the global
life science industry. Since 1993, biotech, pharma and medical
device companies have leveraged EBD Group’s partnering conferences,
technology and services to identify business opportunities
and develop strategic relationships essential to their success.
EBD Group’s conferences are run with the support of leading
corporations and international trade associations and include:
- BIO-Europe and BIO-Europe Spring®, the
world's largest stand-alone life science partnering conferences,
supported by the Biotechnology Industry Organization (BIO)
- BioPharm America™, EBD Group’s North American partnering
event
- EuroMedtech™, EBD Group’s new partnering event for the
innovative medical technology industry
- BioEquity Europe, the investor conference co-organized
with BioCentury Publications and BIO
- ChinaBio® Partnering Forum, the first
dedicated biotech/pharma partnering conference in China
EBD Group’s sophisticated web-based partnering service,
partneringONE™, is used as the partnering engine at numerous
third-party events around the world. Outside of the conference
format, EBD Group’s consultants provide hands-on assistance
for firms seeking to in- or out-license products and technologies.
EBD Group has offices in the USA and Europe.
For more information please visit www.ebdgroup.com.
Contact:
Constantine Theodoropulos
EBD Group
T: +1 617 292 7319
ctheodoropulos@ebdgroup.com
|
 |