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Thank
You to Our Sponsors
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BioNewslink
The
Newsletter of BioStrategy Partners
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October, 2008
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BioStrategy Partners is a virtual
incubator providing technology and business development services to
emerging stage life sciences companies in the Greater Philadelphia
region. We specialize in offering business guidance and support to
projects and nascent companies led by first-time entrepreneurs and
scientific founders, helping them make it to the next level of
commercialization. We offer a full range of support services designed
especially for concept-stage and pre-seed companies, supplied through our
network of expert volunteers, partners and service providers on a reduced
fee, deferred compensation, or co-funded basis. We do not take equity and
rely upon grants, sponsorships, fees, and earned income to support our
operations.
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From the Executive Director
Karen J. Hanson, Ph.D.
We've introduced a new feature to BioNewslink - occasional profiles of
the projects and companies in BioSP's portfolio. We work with these
companies to reduce founding stage risk through technical and business
assistance and access to essential professional services. Our goal with
our projects is to increase the commercial impact of a license or start-up.
The BioSP approach, which also includes educating, advising and guiding
these inventors and first-time entrepreneurs, puts meat on the bones of
very early undertakings, helps them reach their next level of
commercialization, and increases the base of entrepreneurial activity in
the Greater Philadelphia region.
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Upcoming Programs
The Impact of Real Estate on Your Bottom
Line: The Do's, Don'ts and How To's.
December 11, 2008
3:30PM - 5:30PM
Lankenau Institute for Medical Research
Annenberg
Center
for Medical Education
100 Lancaster Avenue
Wynnewood
,
PA
19096
BioStrategy Partners
Holiday
Celebration
December 11, 2008
5:30PM -Immediately following the above program
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Welcome New Members!
John Remmey, Account Manager, Aerotek Scientific
Malla Padidam, President, OneWorld Biotech, Inc.
H. Donlon Skerrett, President, Pharmaceutical Consulting Consortium, Inc.
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PROFILE: Technical Vision, Inc.
Technical Vision, Inc. (TVI) is an
emerging company with a concept for an optical device that assists blind
and low-vision people to perceive obstacles in the nearby environment.
After participating in BioSP's diligence review that included a leading
expert on low vision rehabilitation from
Salus
University
,
TVI was invited into the BioSP Corporate Development Program with a goal
to prepare the company for an initial round of investment.
BioSP is providing hands-on guidance and
assistance that includes funding from a Keystone Innovation Grant to enroll
the company in
Temple
University
's
Enterprise Management Consulting Program, introductions to Ben Franklin
Technology Partners' Technology Commercialization Program for engineering
assistance, and helping the company to identify and contact advocacy groups
that may provide early funding for prototype development.
According to CEO Sergey Naumovsky,
"BioSP has gone above and beyond just being helpful, and in no small
part the life of our project can be attributed to their assistance and
guidance. I am looking forward to working with BioSP and am very thankful
for all their time and assistance with the development of a device that
will allow blind people to improve their lives."
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Member News
BioStrategy Chair Joel
Smith is pleased to
announce as of October 1, 2008, the formation of his new consulting firm, J. F. Smith & Associates, LLC. New contact info follows:
Joel F. Smith
President & CEO
J. F. Smith & Associates
500 Office Center Dr., Suite 400
Fort Washington
,
PA
19034
Phone: 215-646-5520,
Mobile
:
215-990-8058
email: JSmith@JFSmithAssociates.com
Website: www.
JFSmithAssociates.com
BioSP Member, Andrew Wheeler, a Managing Director at Diversified Search is pleased to announce the following: "As a Board Member of The
Please Touch Museum in
Philadelphia
, I am
thrilled to announce that we have opened our new location in
Fairmount
Park
on October 18th. This is a
world-class tourist attraction that everyone with children should
experience for themselves". http://www.pleasetouchmuseum.org/
Honored for exceptional growth,
innovative manufacturing concepts, employee training, and community
service, Inteprod LLC was
named winner of the 2009 Excellence Award for Manufacturer of the Year by
the Greater Philadelphia Chamber of Commerce. The Excellence Awards
represent the most esteemed honor bestowed on small businesses in the
Greater Philadelphia region. Inteprod LLC is a full-service outsourcing
partner for the Medical Device, Medical Diagnostic, and Food Safety industries.
To learn more about Inteprod, please contact Lori K. Pegon at
610.650.9002, or visit our website at www.inteprod.com.
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