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UCLA partners with Autobahn Labs 'virtual incubator' with drug maker and VC based on new model

According to reporting by Ron Leuty of San Francisco Business Times UCLA has joined into a partnership with German drug maker Evotec SE, Palo Alto Samsara BioCapital, and family fund KCK Ltd. to launch the Autobahn Labs virtual incubator. The novel incubator is based on the concept of a bridge model to fast-track early-stage academic research into startup companies.

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Life Science Industry in Los Angeles generates $44.2 billion annually, supporting nearly 200k jobs

The 2020 Life Science Industry Report produced by BioCom finds that in Los Angeles County the industry provides 195,820 jobs (direct, indirect, and induced) and economic activity of $44.2 billion in 2019. For the state of California, the life sciences industry provided 1.4 million jobs and $372 billion in economic activity.

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Fortifying the Pipeline for LA County’s Bioscience Workforce

According to Carmen Gosey from the Office of LA County Supervisor Mark Ridley-Thomas, “nineteen high school students from Compton Manuel Dominguez High School graduated from the Bio-Flex Pre-apprenticeship program, created to expose and offer high school and college students’ hands-on experience at a Bioscience company. The program is a flexible, yet structured career pathway for the next generation of Bioscience workers in LA County. So far, more than 75 students have graduated from the Bio-Flex program after being placed with companies such as Takeda, Oak Crest Institute of Science, Protomer Technologies, and Pasadena Bio Collaborative Incubator.”

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Terasaki Institute to Move into Former Weider Building

According to Amy Stulick, reporter with San Fernando Valley Business Journal, the Terasaki Institute, a Los Angeles biotech nonprofit, plans to transform the former Weider Health and Fitness Center in Woodland Hills into a biomedical research and development facility. According to a statement from Terasaki, the two-story, 50,000-square-foot building at 21100 Erwin St. will be designed to accommodate teams of scientists focused on developing bioengineered systems, medical devices and other products with biomedical applications.

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UCLA, Cedars-Sinai, & UCSC researchers received $5.75M grant to help study role of obesity in development of pancreatic cancer

According to UCLA, a team of researchers from the UCLA Jonsson Comprehensive Cancer Center and peer institutions has been awarded a $5.75 million grant from the National Cancer Institute to study the correlation between obesity, inflammation and pancreatic cancer. The scientists hope their findings may help people avoid getting this cancer.

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How the Bio Revolution could transform the competitive landscape

The Bio Revolution is a powerful new wave of innovation that is expected to transform business and society beyond healthcare, according to a recent McKinsey article by Michael Chui, Matthias Evers, and Alice Zheng. The applications and economic impact of these new biotechologies, their analysis suggests, will be far reaching - into agriculture, food, materials, energy, and consumer products and services. “The likely disruption of the Bio Revolution is vast and poised to influence a wide range of industries.”

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