NEW YORK, July 2 - The International Northeast Biotechnology Corridor, a consortium of more than 750 companies from Connecticut to Quebec, will meet next month in the hopes of naming its first director, according to a group official.
The meeting, which will take place at the consortium's headquarters in Fairfield, Maine, also seeks to secure the $250,000 it will cost to function, according to Clyde Dyar, the groups' treasurer.
"Our goals are now to hire a director to lead us and to raise the money we need so we can operate," said Dyar, adding that the consortium has applied to the US Department for Housing and Urban Development for a $50,000 grant.
The INBC was created in 1998 after a gang of governors and premieres from the New England states and eastern Canadian provinces signed an agreement to help "support biotechnology development in the region."
Among its members are Affymetrix, Applied Biosystems, Celera Genomics, Genomics Collaborative, Incyte Genomics, Lion Bioscience, and MIT, according to the Massachusetts Biotechnology Council, an INBC conduit.
Member states include Connecticut, Rhode Island, Massachusetts, Vermont, New Hampshire, Maine, Nova Scotia, New Brunswick, Prince Edward Island, Newfoundland & Labrador, and Quebec, according to INBC.
The framers hope to establish "a regional identity" that would "promote effective cooperation and coordination" between the biotech industry, academia, nonprofits, and governments across state and provincial frontiers, the group says on its web site. More importantly, the founders want the region to be a kind of "Silicon Valley of biotechnology on the east coast," as Dyar put it.
Specifically, the INBC will compile information on regional biotech companies, universities, and R&D efforts; host conferences and "intra-corridor trade/cultural missions;" and "market" the corridor internationally.