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Biosciences and Emerging Technology

FIRST MEETING JOINT MEETING BIOSCIENCES AND EMERGING TECHNOLOGIES COMMITTEE & BUSINESS, INDUSTRY AND JOBS

2007-2008 Regular Session - December 06, 2007

STATE OF MINNESOTA FIRST MEETING
HOUSE OF REPRESENTATIVES EIGHTY-FIFTH SESSION

JOINT MEETING
BIOSCIENCES AND EMERGING TECHNOLOGIES COMMITTEE & BUSINESS, INDUSTRY AND JOBS COMMITTEE

Representative Tim Mahoney, Chair of the Committee, called the meeting to order at 2:50 PM on December 6, 2007, at Saint Paul RiverCentre, 175 West Kellog Blvd, St. Paul, MN.

The Committee Legislative Assistant noted the roll.

Bioscience and Emerging Technologies Members Present:

MAHONEY, Tim (Chair)
NORTON, Kim (Vice Chair)
BERNS, John
BUNN, Julie
HAWS, Larry
MASIN, Sandra
PEPPIN, Joyce
RUTH, Connie
THISSEN, Paul
WINKLER, Ryan

Bioscience and Emerging Technologies Members Excused:

BEARD, Michael

Business, Industry and Jobs Members Present:

SALTZMAN, Kathy (Vice Chair)
BAKK, Thomas M.

Business, Industry and Jobs Members Excused:

METZEN, James P. (Chair)
BONOFF, Terri E.
CARLSON, Jim
DAY, Dick
GERLACH, Chris
GIMSE, Joe
KOCH, Amy T.
LATZ, Ron
MICHEL, Geoff
MURPHY, Steve
NEUVILLE, Thomas M.
ROSEN, Julie A.
SCHEID, Linda
SKOE, Rod
SPARKS, Dan
TOMASSONI, David J.

A quorum was present.

Introductions and welcome by committee members.

Don Gerhardt, CEO of LifeScience Alley, and Dale Wahlstrom, CEO of BioBusiness Alliance of Minnesota, provided an industry overview. Questions and discussion followed.

Jay Schrankler, Executive Director of the Office for Technology Commercialization at the University of Minnesota, presented commercialization opportunities and challenges.

Curt Kinghorn, CEO of Sirius Strategic and Anoka Medical, discussed early stage funding challenges and investment tax credits.

Dan Baker, NVE Corp, discussed the SBIR Program. Questions followed.

Mark Ungs, ACTx, discussed spin out technologies.

Brent Eilefson, Upsher-Smith Laboratories, discussed the general business climate. Questions and discussion followed.

The meeting was adjourned at 4:21 PM.


Rep. Tim Mahoney, Chair


Autumn Williams-Wussow,
Committee Legislative Assistant
More Info On This Meeting..

Presentation from bioscience industry leaders regarding barriers to growth and potential solutions.