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Why Innovation?
Creating an environment that fosters innovation is a prerequisite to having a competitive business climate and economic growth. Being innovation-friendly attracts research and investment; provides incentive to expand or relocate; creates jobs and ultimately leads to new cures, technologies and products to improve our quality of life.
Innovation Time Line
Below is a timeline of innovation advancement. Click on the page for a larger view.
Member Profiles

Rutgers to Cosponsor ‘Food and The Human Experience’ on April 29

Trenton, DC, April 14, 2014 — You are invited to “Food and the Human Experience: Community Event on Childhood Obesity and Food Access in Trenton,” which will be held Tuesday, April 29 at the War Memorial, George Washington Ballroom in Trenton.

Thanks to a grant from the New Jersey Council for the Humanities, the Rutgers Film Bureau in the Mason Gross School of the Arts is collaborating with academics from fields like anthropology, ethics, human ecology and Africana studies and with leaders in Food Initiatives across the State of New Jersey to host a discussion series and film screening on the issue of food insecurity and childhood obesity in the Garden State. Read the rest of this entry »

Opinion: Celgene’s Hugin Encourages a Robust ‘Ecosystem of Biomedical Innovation’

Washington, DC, April 9, 2014Writing in The Hill, Robert J. Hugin, Chairman and CEO of Celgene Corporation and Chairman of the Pharmaceutical Research and Manufacturers of America (PhRMA), writes:

America’s status as the research lab for the world is no longer secure.

According to a new study published by the New England Journal of Medicine, Asian investments in biomedical research and development have increased 51 percent. Meanwhile, U.S. R&D expenditures have fallen 9 percent. That’s a $12-billion decline.

Those numbers should serve as a wake-up call to America’s leaders in both the public and private sectors. The federal government, academia, and private research-driven firms are equally important parts of our nation’s innovation ecosystem. The more effectively they work together, the faster the fruits of their research can improve people’s lives and reduce the burden on the healthcare system. Read the rest of this entry »

Colleges and Hospitals Experience Construction Boost

April, 2014 – The factors and trends behind college and hospital construction expansion in the state.

College and hospital construction in New Jersey is seeing a bigger boost than it has in the past, according to many construction companies and college and hospital advocates in the state. In this article, New Jersey Business covers a multitude of hospital and college construction projects around the state, as well as trends and the benefits these initiatives provide. Read the rest of this entry.

April 3! HINJ to Cosponsor PharmFest 2014; PhRMA CEO to Keynote

PharmFest 2014 Set for April 3 at Montclair State UniversityNew Brunswick, NJ, April 2, 2013 — The HealthCare Institute of New Jersey (HINJ) is pleased to partner, once again, with Montclair State University to sponsor PharmFest, a premier forum that explores emerging issues and trends in the biopharmaceutical and medical technology industry.

“PharmFest 2014: The Decade Ahead” will be held on Thursday, April 3 in the Conference Center on the campus of Montclair State University.

Keynote addresses will be presented by John Castellani, President and Chief Executive Officer of the Pharmaceutical and Research Manufacturers of America (PhRMA) and Dr. Richard Evans, Founding Partner and Research Analyst at Sector & Sovereign Research, LLC and author of Health and Capital. Read the rest of this entry »

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