americanpharmaceuticalreviewSeptember 21, 2018
Tag: Amgen , Collaboration , Los Angeles
Amgen and the County of Los Angeles announced that Amgen has agreed to become a founding sponsor of BioLA, a newly formed organization focused on advancing a life science innovation hub in Los Angeles County. The innovation hub is designed to contribute to advancements in global health by strengthening the County's life sciences ecosystem and accelerating the pace of startup activity.
"Amgen was founded in 1980 and has grown into one of the largest independent biotechnology companies in the world. We are now part of a vibrant life sciences community in and around Los Angeles County that has all of the ingredients for sustained success, including world-class research institutions, experienced managerial talent, ambitious startups, incubator space and venture funding," said David Piacquad, senior vice president of Business Development at Amgen. "Through our participation in BioLA, we look forward to further supporting the growth of this innovation ecosystem as we work in collaboration with the County of Los Angeles and other local entities."
"Los Angeles County runs the nation's second largest municipal health system, spending over $10 billion annually to serve its 10 million residents," said Los Angeles County Supervisor Mark Ridley-Thomas. "We are proud to partner alongside our leaders in science and business to rightly put Los Angeles on the map as a global leader in bioscience innovation. We welcome biotech giant Amgen's acumen and resources, alongside others, in growing our startup ecosystem."
BioLA's mission is to ensure that Los Angeles County has the collaborative, highly coalesced ecosystem needed to translate cutting-edge science and technology from its academic centers into successful companies. The BioLA organization will bring together stakeholders that include academic institutions, research hospitals, investors, startups, mature companies, trade associations and public and quasi-public agencies to advance the pace of innovation.
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