BioSpace And Massachusetts Biotechnology Council, Inc. Launch 2007 Genetown™ Hotbed Campaign

FORT WORTH, TX, December 21, 2006 - BioSpace, the leading online source of life science information and a subsidiary of onTargetjobs, and Massachusetts Biotechnology Council (MBC), a not-for-profit organization that provides services and support for the Massachusetts biotechnology industry, unveiled this morning the eighth edition of the Genetown™ Hotbed Campaign. First launched in 1993, Genetown is a unique branding and awareness campaign that highlights the organizations constituting the dynamic biopharmaceutical industry in Massachusetts.

2007 Genetown Hotbed Map

2007 Genetown Hotbed Homepage

The initiative features both promotional and functional components to work in conjunction with the economic and workforce development initiatives of the region. The much anticipated Genetown Hotbed Map http://biospace.com/hotbed/maps/genetown_map.aspx displays the logos and building pictures of participating companies. Various print collateral pieces featuring the iconic Genetown image will be distributed to life science professionals at regional and international events throughout the year, including the international biotechnology convention in Boston. The map is also available for download on the Genetown Homepage http://biospace.com/hotbed.aspx?RegionID=16, which maintains critical daily biopharmaceutical industry news and information from the region.

A number of different types of organizations are featured as part of the campaign, reflective of the diverse set of foci and talents necessary to grow a life science cluster. The effort includes bioscience companies engaged in R&D, service and supply providers to the community, and also research institutes, non-profit organizations and universities. Detailed online profiles of the participating organizations include contact information, career opportunities, and financial updates and history, and can be found through the Genetown Homepage.

“With the support of MBC, BioSpace is pleased to once again promote the thriving biopharmaceutical industry in Massachusetts,” said Wes Crews, CEO of BioSpace. “The international industry convention returns to Boston in 2007, and Genetown will serve as a major promotional piece for the region and its key players.”

About BioSpace

BioSpace is globally recognized as the leading provider of career solutions and Web-based resources and information to the life science, pharmaceutical and medical device industries. For 20 years BioSpace has helped to accelerate communication and discovery among business and scientific leaders in the biopharmaceutical market. With a well-established site infrastructure and loyal online audience, BioSpace.com offers an unparalleled distribution channel for recruitment, investment, product, event and other life science industry messages. BioSpace is a subsidiary of onTargetjobs and is headquartered in Fort Worth, TX.

About Massachusetts Biotechnology Council

The Massachusetts Biotechnology Council (MBC), founded in 1985, is a not-for-profit organization that provides services and support for the Massachusetts biotechnology industry. The MBC is committed to advancing the development of critical new science, technology and medicines that benefit people worldwide. Representing over 500 companies, academic institutions and service organizations involved in life sciences and health care, the MBC works with public leaders to advance policy and promote education, while providing member programs and events, industry information, and services.

CONTACT:
BioSpace
Brian Vacanti
Vice President, Marketing
(817) 717-1404

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