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  The Boston Haifa Life Sciences Initiative (BHLSI) & Bioentrepreneurship Seminar
 
The Boston Haifa Life Sciences Initiative (BHLSI) recently held its 3rd annual CEO BioBusiness Delegation & Bioentrepreneurship Seminar in Boston. Michal Lotem, BHLSI's business development manager, sent us this summary.

Over the course of the three-day conference, the CEOs who arrived in Boston each had 10-15 one-on-one targeted meetings with angel and venture investors, potential strategic partners, and scientific and medical opinion leaders.

The nine participating companies were BioAim, BioHug, BrainTech, Hernia Solutions, ImmunArray, JetGuide, Keren Medical, Minimally Invasive Mastopexy, and UltraSurge. [ImmunArray is a MarketReach America Life Sciences & Medical Devices 2007 company. JetGuide is a portfolio company in the Misgav Venture Accelerator.]

Bringing Out the Experts
Prior to the meetings, all the CEOs participated in a "Best Practices" session provided by top industry and academic experts of the U.S. life sciences sector. There were also a number of receptions, including a gathering at the Boston Museum of Science that brought together 200 life science leaders.

BHLSI Faculty included leading Boston investors; senior company representatives from Boston Scientific, Covidien (formerly Tyco), BiogenIdec, Infinity Pharmaceuticals and other major biotech and medical device companies; medical experts at local Harvard hospitals, including the Brigham & Women's Hospital; licensing officials from Harvard Univertisy, business experts from Ernst & Young Global Biotechnology Center; academic leaders in entrepreneurship from MIT and Boston University; among many others.

Participants were astonished at the benefits they received, all formed significant connections, and some already, while in Boston, secured important collaborations.

What They Had To Say about the Conference
D. Todd Dollinger, Chairman of JetGuide and CEO of T.I.F. Ventures, stated that "Without exception, I found value in my meetings .... I have established new and important relationships."

According to Marina Tsadkin-Tamir, CEO of BioAim, "Those five days were the most interesting I have experienced in my professional life. I met the leading specialists in the field in which my company is engaged. I believe that BHSLI is a very important program for Israeli life science companies at all levels of development."

Eli Sahar, CEO of ImmunArray, stated, "Thank you again for the wonderful and exciting week I had in Boston. It was way beyond my expectations and I am certain that the contacts I made will bear fruit, as already has. [BHLSI] really did a wonderful job in organizing the event to the last detail and in making sure that everything runs smoothly. I am really grateful, as I know are all the other participants."

According to Robin JR Blatt, BHLSI Director, "The BHLSI CEOs made a terrific impression in Boston and many of the investors and strategic alliance partners that we brought to the table are reviewing the companies for financing and joint research activities. Building these relationships takes time and the connections that we make via BHLSI are essential for Israeli companies who need to know their market from day one of development."

Avi Faigenbaum, MATI Haifa CEO, "BHLSI is now accepting applications for 2008. Selected companies will have the opportunity to present to Boston and Israeli investors at the BHLSI BioSeminar and CEO Roundtable that will be held on Monday, March 17th, and be part of an expanded US delegation in the Fall."

The BHLSI B2B delegation was organized by Combined Jewish Philanthropies and MATI Haifa with sponsorship from the Haifa Municipality; ZAG-S&W; Ernst & Young Global Biotechnology Center; and MOITI.

Learn more about BHLSI.
The Trendletter team welcomes your comments.


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