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BioMed SA forges working relationship with BioJerusalem
July 12, 2011

By W. Scott Bailey - San Antonio Business Journal

San Antonio's has gained more clout in the international biosciences arena.

San Antonio Mayor Julián Castro and BioMed SA President Ann Stevens co-signed a memorandum of intent on Tuesday with BioJerusalem, initiating a relationship that could benefit biomedical efforts here and in Israel.

"This represents an important step in our vision for San Antonio to be recognized around the world as a health care and bioscience leader," Stevens says. "We are excited to have an opportunity to open doors and build relationships with our counterparts in the capital of one of the world's most technologically advanced nations."

As America's seventh-largest city, San Antonio is a regional hub for medical care and one of the nation's bioscience leaders in key disease areas including diabetes, military and regenerative medicine, the neurosciences, cancer, and infectious diseases, among others.

Jerusalem is home to such important institutions as Hebrew University and the Hadassah Hospitals, along with leading enterprises such as TEVA Pharmaceuticals and many promising life science startup companies.

As a result of the landmark agreement, BioMed SA - a nonprofit organization charged with accelerating the growth of San Antonio's biomedical industry - will be working with the leadership of BioJerusalem over the next couple of years to identify areas of complementary strengths within their respective sectors and to facilitate the collaboration between interested companies and institutions.

"This agreement with Jerusalem continues a long San Antonio tradition of forging mutually beneficial relationships with international cities," Mayor Julián Castro says. "By sharing the intellectual capital each city possesses in the biomedical sector, we are each positioning ourselves for further innovation and economic growth."

BioMed SA was founded in 2005 by former San Antonio Mayor Henry Cisneros and the Greater San Antonio Chamber of Commerce.

BioJerusalem is an initiative of the Jerusalem Development Authority, and was created to help fuel the economic development of Jerusalem by leveraging the vast life sciences resources available in the city.


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