WASHINGTON, May 3 /PRNewswire/ -- The following is being issued by ASM Resources, Inc.:
WHEN: Thursday, May 6, 2004 * 7:30am Registration * 8:30am Conference Program & Competition Begin * 5:15pm Reception/Awards WHERE: Reagan Building and International Trade Center / Atrium Ballroom 1300 Pennsylvania Avenue, NW Washington, DC 20004 THE CONFERENCE:
ASM Resources, Inc. (ASMR)'s second annual conference, “Beyond Great Science: Best Practices for Bioentrepreneurs” is a one-day event focused on the fundamentals of building an entrepreneurial venture in biotechnology from concept to Series B funding and beyond. Seasoned executives and industry advisors will gather with emerging entrepreneurs for in-depth sessions focused on best practices in financing, the market, management, and growth. James F. Young, Ph.D., President, Research & Development for MedImmune, Inc. will launch this year’s conference with a keynote address. Panel speakers are top- tier managers drawn from a number of biotechnology companies and include Ginette Serrero, PhD, president and chief scientific officer of A&G Pharmaceutical, Inc., the winning company of last year’s venture competition and a recent recipient of a $100,000 investment by ASMR.
THE COMPETITION:
Simultaneous with the conference, ASMR will hold its second annual Early- Stage Venture Competition, in which 21 start-up companies from across the country selected on the basis of innovation and business viability will compete to qualify for a potential $100,000 investment from ASMR, complimentary mentoring and professional services from seasoned industry professionals, free admission to ASMR’s Biotech Bootcamp slated for October 2004, and a scientific due diligence report from ASMR. Competing entrepreneurs will exhibit throughout the conference and have unfiltered networking opportunities with interested funding sources and biotechnology business development executives. ASMR will announce first-, second-, and third-place winners at the end of the conference.
BACKGROUND:
ASMR is the for-profit venture arm of the American Society for Microbiology focused on funding, advising, and promoting early-stage bioscience companies to help position them for subsequent rounds of funding.
“At this year’s Beyond Great Science, we look forward to hearing from companies involved in some of the best deals and financings of 2003, which was a challenging funding year for both bioentrepreneurs and early-stage investors,” said Christine Copple, PhD, President & CEO of ASMR. “As for the competition, this year’s field of entrants was very strong. Our 21 finalists represent a wide range of bioscience enterprises offering exciting technologies and business innovations as they aspire to follow in the footsteps of our conference panelists, including last year’s first-place winner, A&G Pharmaceutical. A&G is showcased on this year’s business development panel following a year of substantial progress in technology and product advancement, business and management development, and increasing company valuation.”
Some 150 investors, industry executives, and life sciences researchers and entrepreneurs are expected to attend “Beyond Great Science 2004.” BioAccelerator of Fairfax County, Virginia is this year’s event sponsor.
Full details and registration information may be found at http://www.asmresources.com/. Media pre-registration is recommended.
ABOUT ASM RESOURCES INC.
ASM Resources (http://www.asmresources.com/) is the for-profit venture arm of the American Society for Microbiology focused on providing seed capital and expertise in financing and business development to support early-stage bioventures and help them plan for growth. Through our growing network of resources, ASMR promotes relationships among biotechnology and pharmaceutical companies, research institutions, economic development organizations, and institutional and private investors.
CONTACT: Rosel Halle of ASM Resources, Inc., +1-202-331-2906, rhalle@asmresources.com.
ASM Resources, Inc.
CONTACT: Rosel Halle of ASM Resources, Inc., +1-202-331-2906,rhalle@asmresources.com
Web site: http://www.asmresources.com/
