MEMBER REPORT
ANNUAL IMPACT
TABLE OF CONTENTS
Letter to Members 1Capital + Growth 2Education + Networking 3Policy + Advocacy 4Workforce Cultivation 5Member Savings 6Our Members 7The Colorado Advantage 8Board Members 9
DEAR CBSA MEMBERS + SUPPORTERS,
Colorado BioScience Association is proud to lead the way with co-opportunity. That’s our commitment to build a collaborative, pro-innovation environment for life sciences in Colorado. From concept to commercialization, our 350 members drive health innovations that save and change lives around the world. CBSA champions these big thinkers and bold leaders at all stages of growth. We are proud to support a thriving life sciences ecosystem that includes 720 companies and organizations representing biotechnology, pharmaceutical, medical device, diagnostics, ag bio-animal health, digital health, research and academic institutions, and service providers. CBSA prioritizes investments in four areas to advance our community: Capital + GrowthPolicy + AdvocacyEducation + NetworkingWorkforce Cultivation Our annual impact report highlights the momentum we continue to generate for our ecosystem and the progress we’ve made. We are energized and focused as we accelerate growth of Colorado’s life sciences ecosystem and grateful for your support and commitment to collaboration. On behalf of our board of directors and team, thank you.
Stronger Together,
Jennifer Jones PatonPresident & CEOColorado BioScience Association
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Capital + Growth
220 Attendees
30 Presenting Companies from the Rocky Mountain Region
44 Investors from Across the United States
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Accelerating our ecosystem’s success with increased access to capital.
INVESTOR ENGAGEMENT
CBSA leads the biannual Rocky Mountain Life Sciences Investor and Partnering Conference, attracting VCs, strategic partners and angel investors from across the country.
HIGH-PROFILE FINANCINGS
$805 Million $11.4 Billion
Raised by Colorado Companies
Acquisition of Array BioPharma by Pfizer
ANNUAL AWARDS DINNER Celebrates Ecosystem Success
2 019 COMPAN Y OF THE Y E AR
2 019 R IS ING STAR OF THE Y E AR
2 019 DE AL OF THE Y E AR
Array BioPharma Acquisition by Pfizer
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Creating opportunities for collaboration and professional growth.
30 programs and events held across Colorado’s Front Range attracted 1,300 attendees.
Education + Networking
Working for a supportive, innovation-friendly business environment.
FEDERAL SUCCESS
CBSA led Colorado efforts on full repeal of the medical device excise tax in 2019.
STATE FOCUS
CBSA advocates for language, amendments and legislation that support our innovation ecosystem.
COLORADO IMPACT: ADVANCED INDUSTRIES GRANTS
CBSA protects and grows the Advanced Industries Accelerator Grant Program, a critical source of non-dilutive funding for life sciences companies.
Since inception, the state Office of Economic Development and International Trade (OEDIT) has awarded more than 450 Advanced Industries grants to Colorado bioscience companies. Results:
Policy + Advocacy
81 new companies
975 direct jobs
$972 Million in follow-on grants & investments
Advanced Industries Accelerator Grant Program Results
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Connecting companies to jobseekers and building an educated, skilled talent pool.
CBSA’s newly redesigned career center is the state’s most comprehensive resource for life sciences jobs.
CBSA works alongside Colorado BioScience Institute (the Institute) to cultivate a strong life sciences talent pipeline in Colorado.
Workforce Cultivation
“Seven years after graduating from the Colorado BioScience Institute Executive Leadership Program, my company and I are still realizing tremendous value from the leadership skills developed, the relationships built and the community served.” — Elyse Blazevich Co-Founder, COO and CFO Securisyn Medical
Workforce Development and Training
• P-TECH, STEM Education and teacher training • Mentoring and internships• Connecting talent and employers • Workforce skill building• Leadership development
Offering members strength in numbers with negotiated discounts.
CBSA offers a significant return on membership through our member savings program. We develop state, regional and national partnerships to offer exclusives discounts for companies of all sizes, from lab equipment to office supplies and insurance.
Participating companies saved more than:
$4.2 million.
Member Savings
“CBSA has been one of my best business partners with the connections to suppliers and business development opportunities. Active engagement with CBSA drives ROI.”
— Amy Wedeking Shannon Chief Commercial Officer Prima-Temp
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CBSA members drive global health innovations,
products and services that improve and save lives, from concept to
commercialization.
Biotech/Pharma
Medical Device/Diagnostic
Digital Health
Ag Bio-Animal Health
52%
34%
8%4%
Our Members
More than 100 service provider members advance our life sciences ecosystem
An exceptional place to start, grow, commercialize or relocate a life sciences business.
33 federal labs
1 U.S. Patent Office
#1 Place for female entrepreneurs
#3 Place to do business
#4 Venture capital deals and dollars
#4 Most educated state
#5 Busiest airport
The Colorado Advantage
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Scott Larson (Board Chair) Senior Vice President, Legal and General Counsel, Terumo BCT
Alan Rudolph, Ph.D. (Board Secretary) Vice President, Research, Colorado State University
Bob Reddy (Board Chair-Elect) Vice President, Global Marketing, Medical Education and Training, Medtronic Enabling Technologies
Kathleen (Kiki) Traylor, M.D. (Board Vice-Chair Elect) Director, State Government Affairs, Amgen
Jim Wilson (Board Treasurer) Partner, Ernst & Young
Larry Blankenship (Executive Committee) Director, Blankenship Research
Jim Cloar (Executive Committee) President, Zimmer Biomet Spine
Bobbi Coffin (Executive Committee) Chief Marketing Officer, Biodesix
Dustin Whistler (Executive Committee) Principal, Forte Commercial Real Estate
Dan Wittenberg (Executive Committee) Partner, Snell & Wilmer, LLP
Shelley Zelin (Executive Committee) A Xcellent HR Solution
Elyse Blazevich Co-Founder/Chief Operating Officer/Chief Financial Officer, Securisyn Medical
Gary Connell Co-President, Shareholder, Sheridan Ross
Terry Dagnon Chief Operating Officer/Managing Director Healthcare Investment Management, Outlook Therapeutics/GMS Capital
Gino DiSciullo, Ph.D. CEO, Prevacept Infection Control/Charter Life Sciences
Bruce Eaton, Ph.D. President & CEO, i2 Pharmaceuticals & Velocity Sciences
Brent Fassett Partner, Cooley, LLP
April Giles Vice President, Business Development, Fitzsimons Innovation Community
Joseph Guiles, Ph.D. Head of Development, Agilent Technologies, Inc.
Charlie Kang Consultant, Flatirons Bio-Consulting
Mark Lupa, Ph.D. Partner, High Country Venture
Ethan Mann, Ph.D. Vice President of Marketing/Sales, Sharklet Technologies, Inc.
Bryn Rees Assistant Vice Chancellor, Research & Innovation Managing Director, Ventures Partners of CU Boulder
Andy Sklawer Co-Founder and Chief Operating Officer, Brickell Bio
Fintan Steele Chief Corporate Communications and Culture Officer, SomaLogic
Will Vaughan, Ph.D. Director, Technology Transfer, Colorado School of Mines
Steve Warnecke Chairman and Chief Executive Officer, Evolutionary Genomics
Michael Weiner Partner, Dorsey & Whitney, LLP
Our Board of Directors
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Our Sponsors
colorado-bioscience-association
@cobioscience
ColoradoBioScienceAssociation
cobioscience.com