Task Force Chair Debbie Hart, who serves as President and Chief Executive Officer of BioNJ, said, “We heard compelling and important testimony from biotechnology company executives and academic institution leaders that will provide a framework for the recommendations of the task force. New Jersey is at a tipping point where policy and innovation are intersecting in a thoughtful and deliberate way. Given the interest by government in making a difference and activity in our ecosystem such as the establishment of the Princeton University and Celgene incubators, I am more bullish on the future opportunity for the industry in New Jersey than ever before.”
“New Jersey has a rich tradition of national leadership in biotechnology and it is critical to the economic well-being of our state that we leverage our history and existing ecosystem as we plan for 2018 and beyond,” Assemblyman Andrew Zwicker (Legislative District 16), Vice Chair of the Biotechnology Task Force, said. “Bringing together key stakeholders from academia and the private sector to testify in front of the Task Force provides my colleagues in the Legislature and me with the information we need to ensure that New Jersey not only nurtures companies that currently reside in our state, but is home to the next generation of biotechnology companies.”
When available, full transcripts of testimony will be provided courtesy of the Office of Legislative Services. The Task Force is accepting written testimony from representatives of the academic and business community through February 12, 2018. Comments can be emailed to email@example.com. Suggested topics for comments and additional details on the Task Force meetings are available at www.njeda.com/njbiotechtaskforce.
The Task Force is comprised of six legislative members, including Assemblyman Zwicker, Senator Linda Greenstein (Legislative District 14), Senator Robert Gordon (Legislative District 38), Senator Robert Singer (Legislative District 30), Assemblyman Christopher DePhillips (Legislative District 40), and Assemblyman Gary Schaer (Legislative District 36); two public members appointed by the Governor, including Debbie Hart, and Daniel O'Connor, Chief Executive Officer of OncoSec Medical Incorporated; and, Timothy Lizura, President and Chief Executive Officer of the EDA, serving in an ex-officio capacity. The EDA serves as staff to the Task Force.
“The Task Force has been charged with identifying ways to help strengthen the biotechnology industry and propel the growth of New Jersey’s innovation economy,” Lizura said. “The testimony we have heard to date has been informative and compelling, and we look forward to advancing a robust list of policy recommendations to ensure New Jersey’s legacy of innovation continues.”
The Task Force expects to submit a report of recommendations to the Governor and Legislature in March 2018.
To learn about the resources available to New Jersey’s emerging technology and life sciences companies through the EDA, visit www.njeda.com/tls and follow @NJEDATech on Twitter and LinkedIn.