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Biotechnology was born in the 1970s in the San Francisco Bay Area. The fanfare surrounding the establishment of our first two endeavors, Genentech and Cetus, was minimal and importance of these ventures was not readily grasped. How times have changed! Now biotechnology has altered the face of the entire planet. Previously unimaginable diagnostics, therapies, and medical devices are now available to the world, and new breakthroughs are made every day.

Northern California is unique in that we have all of the ingredients for biotechnology in one concentrated region. Northern California is a magnet for entrepreneurs, sophisticated capital partners, scientific talent, and savvy business managers. Most importantly, Northern California’s life science industry understands the patterns that cultivate success in growing companies.

Among the factors that attract quality talent to Northern California are the region’s world-class universities and medical schools, including UC Berkeley, UC San Francisco, Stanford University, UC Davis and UC Santa Cruz. Academic excellence ensures an ongoing supply of fresh scientific visionaries and enthusiastic researchers for this rapidly growing industry. These institutions pump more than $2 billion in new research into the Northern California cauldron of innovation each year. More than 50 percent of all companies spun out of California universities come from Bay Area institutions, and, with more than thirty new bioscience companies establishing roots here annually, we are home to more biotech businesses than any other region of the world.

Northern California is the center of the international venture capital market, hosting 30 percent of all active VC firms in the United States, and with 28% of all life science venture investment in the United States being made here. Venture capital has remained strong in our region, continuing to fund life science companies during periods in which VC investment has dropped throughout the nation.

Companies that locate in Northern California can be assured of available managers, employees, and consultants experienced in the life science field. And it is not just technical and professional skill, it is the entrepreneurial spirit—a willingness to take risks and think creatively—that makes Northern California’s workers so valuable to the life science sector.

BayBio welcomes you to Northern California, the birthplace of biotechnology.

 
 
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