Navigation Links
QB3, Deloitte collaborate to drive California bioscience innovation
Date:4/11/2011

The California Institute for Quantitative Biosciences (QB3) has entered into a collaboration with Deloitte to help the institute in its efforts to convert bioscience innovation into a driver for jobs, companies and improved health in California.

Deloitte, which provides consulting, audit, tax and financial advisory services, will provide its services at no cost to help QB3 develop an "innovation ecosystem," bringing together the four pillars of the bioscience community academic research, government, industry and investors to work in unison toward a common vision of economic growth and better health.

"The California economy and life sciences industry seem to be caught in an almost desperate search for creative new approaches," said QB3 Director Regis Kelly, PhD. "We see the 'innovation ecosystem' project as the start of an ongoing effort with Deloitte to generate the kind of creative solutions that are needed now and into the future."

The collaboration includes a commitment from Deloitte's life science practice, which started working with QB3 in December 2010 to assess how California compares to other states in fostering bioscience innovation. Deloitte will continue to contribute its organizational experience in the life sciences to offer perspectives on operations and business models from other states, as well as insights on collaborations and federal policy. This, in turn, will help QB3 in its efforts to generate new approaches to working within the rapidly changing biotech industry.

"Our collaboration with QB3 is one of the largest life science initiatives and investments for Deloitte's life sciences practice," said Christie Smith, PhD, principal, Deloitte Consulting LLP and Northern Pacific sector leader for life sciences. "This opportunity allows Deloitte to bring its capabilities in audit, tax, financial advisory services and consulting to aid QB3 in achieving its mission."

The services will include strategic analysis and planning, as well as project management, to extend QB3's relationships with government, universities, investors and bioscience companies in an effort to both motivate investments in innovation and help move ideas from lab to market more quickly. It also will include third-party feedback on QB3's impact and success over the last decade in creating jobs, supporting entrepreneurs and growing California's bioeconomy.

The team's deliberate focus on the four stakeholder communities is what makes this initiative so unusual, Kelly said, but also could be the root of its success in helping to "unclog the pipeline" that leads from scientific discoveries to real-world benefits for patients.

It represents a challenge, as well, in fostering a united mission among large and small companies, sophisticated investors, top-ranked researchers and entrepreneurs, according to Matthew K. Hudes, Deloitte's U.S. leader for biotechnology.

"The problems in life sciences cannot be solved without the key players working together, not only from the private and public sector, but also from university researchers who are the starting point for innovative breakthroughs," Hudes said. "Our goal is to develop a model for an innovation ecosystem that enables those breakthroughs to improve human health worldwide."

In a separate initiative, Deloitte and QB3 will launch a program of bioscience industry awards and speaker forums to recognize scientific innovators and entrepreneurs, and provide a platform for networking and learning.


'/>"/>

Contact: Kristen Bole
kristen.bole@ucsf.edu
415-502-6397
University of California - San Francisco
Source:Eurekalert

Related medicine news :

1. Hope Phones, IntraHealth and FrontlineSMS:Medic Collaborate on Phone Donation Campaign to Support Health Workers in Africa
2. The Advisory Board Company and HIMSS Analytics to Collaborate to Solve Health Care IT Challenges
3. Philips Collaborates with Microsoft to Enhance Healthcare Efficiencies and Productivity
4. FDA, FSIS, CDC Collaborate on Methods to Measure Success of Food Safety Programs
5. Eisner USA, LLC Collaborates with Surgical Review Corp to Provide Innovative Bariatric Devices to Bariatric Surgery Center of Excellence (BSCOE) Participants
6. Doctors must collaborate so that patients get full benefit of tamoxifen treatment
7. PeopleStreme Collaborates with SkillSoft for Learning Management Content
8. BCS Global and Iformata Sign Agreement to Collaborate on the PSVN Initiative to Deliver B2B Video Communications
9. Two Hand Therapy Organizations Collaborate on Jam-Packed Educational Weekend
10. Carefx to Collaborate with the Cleveland Clinic to Commercialize CCF Business Intelligence Solution
11. Elsevier and InfoDesk collaborate to co-develop federated drug pipeline intelligence solution
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/9/2016)... ... February 09, 2016 , ... Two renowned photographers, Robert Caplin ... photographic adventure on the island, June 14-19, 2016, hosted by Four Seasons Resort Maui ... , After a successful debut in 2015, the Maui Photo Expedition workshop ...
(Date:2/9/2016)... ... February 09, 2016 , ... The Brain Preservation Foundation’s (BPF) ... from 21st Century Medicine (21CM) ( http://www.21cm.com/ ), spearheaded by recent MIT ... of an intact rabbit brain for extremely long-term storage using a combination of ...
(Date:2/8/2016)... ... February 08, 2016 , ... Stephanie Hebert Insurance ... beginning of a new charity campaign. As part of their ongoing community involvement ... In the belief that children deserve a voice, and in the spirit of ...
(Date:2/8/2016)... ... February 08, 2016 , ... Tingley Rubber Corporation , ... provide its range of unique and advantaged protective solutions to a growing ... provide bilingual customer service and marketing support. A new distribution center in Brampton, ...
(Date:2/8/2016)... (PRWEB) , ... February 08, ... ... and security executive networking and relationship-marketing firm, announced today that nominations will ... Information Security Executive® (ISE®) West Awards. , Awards include the Information ...
Breaking Medicine News(10 mins):
(Date:2/8/2016)... NEW YORK , Feb. 8, 2016 /PRNewswire/ ... market, today announces its first male sexual enhancement ... enhancement, EnduramenT combines proven ethnobotanicals with a patented ... of nitric oxide, the chemical compound responsible for ... Forgoing the ...
(Date:2/8/2016)... , Feb. 8, 2016  Echo Therapeutics, ... device company focused on non-invasive continuous glucose ... today announced that it will host a ... 17, 2015 at 9:00 a.m. Eastern Time ... its corporate strategy, advancements in its CGM ...
(Date:2/8/2016)... In a historic vote among its members this weekend, the ... cannabis cultivation facility and dispensary on tribal land near Southampton ... as a provider for patients in the state,s Medical Cannabis Program. ... provider for patients in the state,s Medical Cannabis Program. --> ... project and pursue designation from the State of New York ...
Breaking Medicine Technology: