ALBUQUERQUE, N.M.--(BUSINESS WIRE)--The New Mexico Biotechnology & Biomedical Association (NMBio) elected the 2008 Board of Directors at the February Annual Meeting. The Board of Directors works with NMBio to provide a forum for information exchange related to life science activities, develop initiatives to enhance small business success, provide education regarding the NM biosciences, help establish collaborations, and publicize the bioscience industry.