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SAN ANTONIO, June 22, 2015 -- BioMed SA, the organization charged with advancing and promoting San Antonio's healthcare and bioscience sector, celebrates 10 years in operation this year and is marking the milestone by ramping up efforts to raise the San Antonio biomedical industry's profile nationwide.
BioMed SA is a non-profit, membership-based organization, supported in part by the City of San Antonio. It was founded in late 2005 by former Mayor Henry Cisneros and the San Antonio Chamber of Commerce to organize and promote San Antonio's substantial biomedical assets. Its first full year of operation was in 2006.
The organization's 10-year history has coincided with tremendous growth in the sector, and as the sector has expanded so too has BioMed SA's role of championing San Antonio as a City of Science and Health.
"BioMed SA is the advocate for San Antonio's largest economic sector," explained BioMed SA Chairman Ken Trevett. "It promotes interactions between parties that have common interests, but may not know one another. It assists the City and County in business attraction, retention and expansion. And, it raises the collective visibility of the entire sector around the nation and world. All of these important activities require resources."
Trevett said that to continue to move the sector forward, the organization must pursue new revenue sources such as foundation and corporate grants and donations from individuals.
"BioMed SA is marking 2015 with a new pursuit of resources to further enhance our effectiveness by allowing us to increase our two-person staff and marketing budget to more adequately address the needs and opportunities of this vibrant and growing sector," said Trevett.
BioMed SA President Ann Stevens called the pursuit of new revenue sources "a major step forward as we build on the accomplishments of the past 10 years and enter our second decade of service to the community as a more mature organization with greater responsibilities and growing expectations for advocating sector growth, promoting innovation, and fostering collaboration."
The pursuit of new donation sources for fundraising support is applauded by major players in the industry.
"Medtronic is here in San Antonio due in large part to the assistance of BioMed SA during our site selection process," said Jeff Ruiz, general manager for the Medtronic Diabetes Therapy Management and Education Center. "The pursuit of new revenue sources presents an opportunity to bring additional financial support to this important organization. Both the city and the entire industry sector can benefit."
Some of BioMed SA's key accomplishments in its first 10 years include:
• Creation of the annual Julio Palmaz Award for Innovation in Healthcare and the Biosciences. The award, named after stent inventor Julio Palmaz, MD from The University of Texas Health Science Center San Antonio, recognizes local and national innovators in order to build awareness of San Antonio's biomedical assets and track record of innovation. This year's award, now in its tenth year, will be given to an internationally known innovator to be announced this summer and honored at the annual award dinner in San Antonio on September 10.
• An instrumental role in San Antonio's 2009 recruitment of the Medtronic Diabetes Therapy and Education Center, which was reported to be one of the largest economic development projects in the nation during the height of the recession. Medtronic was the first of several company attractions in which BioMed SA played a key role.
• BioMed SA's comprehensive healthcare and bioscience industry "Asset Initiative" that identified five key disease areas in which San Antonio has assets and expertise of national or world-class caliber. These assets are being leveraged to generate future growth and higher visibility for the city's biomedical sector.
• Attraction of the World Stem Cell Summit to San Antonio in December 2014 by consciously leveraging the collective strengths of San Antonio's civilian and military medical communities in the emerging area of regenerative medicine.
ABOUT SAN ANTONIO
San Antonio, the seventh largest city in America, is increasingly recognized as a City of Science and Health as well as the Home of U.S. Military Medicine. Healthcare and bioscience are a dominant force in the city's economy, employing nearly 1 of every 6 members of the San Antonio workforce, with an annual economic impact exceeding $30 billion. The sector combines unique assets, diverse resources, and a tangible spirit of collaboration. Innovations that save lives around the world are being discovered, developed and commercialized in San Antonio.
ABOUT BIOMED SA
BioMed SA is a non-profit membership-based organization, supported in part by the City of San Antonio. Its mission is to accelerate growth of San Antonio's biomedical sector, create regional economic benefit, and contribute to the health of San Antonio and beyond by establishing San Antonio as a leader in healthcare and bioscience. For more information, visit www.biomedsa.org.