Tuesday, June 28, 2016 12:01 am
The 2016 BIO International Convention set a record for partnering meetings — 35,700 in four intense days. Numerous biotechnology entrepreneurs from Oklahoma were right in the thick of all that business-building activity.
A short refresher on BIO International — it is the global event for biotechnology. BIO 2016, held earlier this month, attracted 15,937 industry leaders from 76 countries and 48 states to San Francisco to showcase and share the very best of the biotech industry's innovation.
BIO International is not one of those conventions where participants come to meet and greet. This is very much four days of hard and serious work. Leading pharmaceutical firms send out scouts to search for promising technologies.
“There are only a handful of states that have the BIO presence that Oklahoma does,” said Carol Curtis, i2E venture adviser. “It is an opportunity for our entrepreneurs and startups to have meaningful contact with leading companies in big pharma and big biotech. Otherwise, it would be of great expense to set up meetings with companies scattered throughout the world. These connections have the potential to lead to an exit for a startup from Tulsa or Oklahoma City or other places in our state.”