What’s Inside: Register for Discussions with Global Pharma Leaders; Higher Rates for PG&E Customers Proposed; Bayer Opens $250M Cell Therapy Facility in Berkeley; 3rd Annual Life Science CEO Summit; Upcoming Events; and more.
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Find the latest news and information impacting the Bay Area life science industry. If you have company news you’d like to share, please get in touch.
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Welcome New Bay Area Members
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Bay Area Rents Decline with Little Impact on Housing Crisis
Recent data shows rents across the state have dropped over 2 percent in a year and more than 4 percent in the San Francisco Bay Area. This decrease does not mean that housing is more affordable, given inflation and increased cost of living—it could have a negative impact on future building projects. Instead, housing advocates support proposed bills SB 555 and AB 309, which would make way for new state-owned housing with rent caps.
Revamped Caltrain Schedule Set to Transform Commutes and Connectivity
Caltrain announced an updated weekday schedule that is scheduled to take effect this fall. Designed to ensure faster local trains during the evenings, extended service to Gilroy and temporary adjustments to accommodate ongoing infrastructure projects, this development promises to significantly impact the daily lives of commuters in the region.
California Regulators Propose Higher Rates for PG&E Customers
The California Public Utilities Commission is finishing up its once-every-four-years review of PG&E where they approve how much the company can charge customers and how it will spend that money. Two proposals were released by the commission in response to PG&E’s request to increase rates to cover the costs of burying power lines as fire prevention measures. PG&E had asked for rate increases large enough to boost its revenue by 26 percent, but the two proposals the commission released would increase revenue by a maximum of 13 percent. The commission could not say what the increase would be for the average residential customer.
In Other News:
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Connect with a Global Pharmaceutical Company in November
On November 13, senior leaders from Daiichi Sankyo will be in the Bay Area to meet with the local biotech community for a Strategic Partnerships Panel Discussion and Networking Reception. Daiichi Sankyo will present its activities and therapeutic areas of focus and a networking reception will follow the program. Register today to attend.
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Life Science Workforce Symposium on October 26
Biocom California Institute is thrilled to host its 6th annual Life Science Workforce Symposium on October 26, and this year we will reach San Diego, Los Angeles and the Bay Area. This event will impact over 200 participants including veterans, service members transitioning out of the military, and job seekers from underrepresented populations who want to learn about opportunities in the life science industry. If you are interested in getting involved with our programs as a mentor or sponsor, please contact Paulina Fonville.
Join Us for the BI-HRBG Virtual Lunch & Learn on November 8
Biocom California Institute is excited to invite HR Biotech Group members to the NOVAworks HR Services Showcase. Discover an array of in-person and remote services aimed at supporting your career and HR needs. Learn about personalized career advising, networking opportunities, job-search workshops, skills training, employer presentations, life science hiring events and social networking. Register now for this engaging event.
Attention All Potential Mentors: Join Us for a Virtual Informational Session
Ever thought about giving back and guiding aspiring individuals in the vibrant life science sector? Join the Biocom California Institute for a Virtual Informational Session for Mentors on November 9 at 12 p.m. For inquiries or to learn more, reach out to Paulina Fonville.
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Enterprise Holdings Rental Car Purchasing Group Program
The Biocom California Purchasing Group is proud to announce the renewal of our partnership with Enterprise Holdings, providing our members access to rental car offerings that are unparalleled in convenience, service and worldwide recognition. With over 7,000 neighborhood locations in North America, Enterprise Rent-A-Car is suited to service any local, off-airport car rental needs while National Car Rental continues to be the premier car rental provider at airport locations for superior speed, service and choice. Biocom California members can also enjoy complimentary access to The Emerald Club, allowing them to skip long counter lines, choose their car with ease, and even qualify for free car rental days at no extra cost. Learn more about their offerings.
AER Travel Turns 40
Biocom California is proud to be partnered with AER Travel as they celebrate 40 years of streamlining and simplifying the business of travel. Founded in San Diego in 1983, AER Travel is a locally-owned, independent travel management company which offers their customers an integrated online technology platform that empowers them to track travel expenditures—from invoice copies to locating travelers in real time. Their clients range from large billion-dollar corporations with hundreds of travelers and events like Endologix and the Los Angeles Chargers to small startup firms with as few as two executives. Learn more about how AER Travel can help manage your travel needs.
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Committees and Working Groups
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Biocom California | Bay Area
Biocom California is the advocate for California’s life science sector. Our South San Francisco office aims to build the networks that are critical to growth in this thriving regional ecosystem. Our targeted programs and customized services are tailored to the specific needs of the Bay Area region. We work on behalf of more than {{{dynamic_content_1600}}} members to drive public policy, build an enviable network of industry leaders, create access to capital, introduce cutting-edge STEM education programs, and create robust value-driven purchasing programs.
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