Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
By California Institute for Regenerative Medicine (Reporter)
Contributor profile | More stories
Story Views
Now:
Last hour:
Last 24 hours:
Total:

Nine reasons why the biotech world loves L.A.

% of readers think this story is Fact. Add your two cents.



Los Angeles – biopharma business hub

Magazines love to use numbers in titles to attract attention. You know the kind, “Top Ten Tips for Trimmer Hips”, “Six Ways to Slim for Swimsuits”, “Five Steps to Perfect Abs”. But here’s a headline you probably won’t see on a magazine cover in the supermarket checkout line – Top 10 U.S. Biopharma Clusters. But it certainly caught our attention, particularly as three of the top ten are here in California.

The ranking comes from the magazine GEN, which reports on genetic engineering and biotechnology news – not a big seller at Safeway or Piggly Wiggly though you can spot one in just about any lab you visit. They based their ranking on the number of patents awarded in a region, the amounts of NIH grant funding and venture capital funding it attracted, the total lab space in the region, and the number of jobs in the field.

There were the usual suspects in the top three with San Francisco heading the list (again – hurrah), followed by Boston/Cambridge and San Diego. But there was a new entry from California with Los Angeles coming in at number 9. L.A. broke into the top ten based on a number of factors according to the magazine:

“the Los Angeles region has some notable employers, from Amgen in Thousand Oaks, to California Institute of Technology (Caltech) in Pasadena, and UCLA in, where else? Together they employed 23,054 people in “biomedical” positions (California Biomedical Industry Report 2013), giving the region one of the smallest workforces among the top-10. LA placed ninth in NIH funding ($65.4 million) but climbed to the middle of the pack in patents granted (550).”

Just as the stem cell agency has played a key role in making San Francisco and San Diego major players in the field, we also been instrumental in helping make L.A. a player with hundreds of millions of dollars in stem cell research funding for UCLA ($213m), USC ($106m), Cedars-Sinai Medical Center ($41m), Children’s Hospital of Los Angeles ($17.5m) among others.

If you are judged by the company you keep, we are keeping very good company indeed.

kevin mccormack

Read more stem cell research news from the California Institute for Regenerative Medicine by visiting our blog at cirmresearch.blogspot.com.


Source: http://cirmresearch.blogspot.com/2014/03/nine-reasons-why-biotech-world-loves-la.html


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!


Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST


Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)

Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen!

Nascent Iodine - Promotes detoxification, mental focus and thyroid health.

Smart Meter Cover -  Reduces Smart Meter radiation by 96%! (See Video).

Report abuse

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    MOST RECENT
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.