Upcoming Events at the San Diego Chapter

Chapter Homepage

"Current Biotech Industry Drivers and Strategies –

Business Development in the Era of M&A "

Tuesday, October 7, 2008
6:00-8:00 p.m.

AT THE

HILTON LA JOLLA TORREY PINES

Description:
Mergers and Acquisitions have dominated the recent headlines and this trend looks to continue.  Broader economic challenges including the credit crunch, recession fears, and a depreciated US dollar have combined with industry specific issues such as increased regulatory scrutiny and lackluster pipelines to produce a perfect storm that may inundate the sector for years.  M&A provides a short term solution, strengthening storylines via consolidation, but it is clearly not the answer to the industry’s woes in the long term.  Biotech must persevere with business development, but what business development strategy is optimal for this purpose?  What lessons have we learned from the past, and what partnership models are available today that can position companies to survive the current challenges and succeed in better times?

SPEAKER:
Michael G. McCully
Senior Manager
Deloitte Recap LLC

LES Meetings Facilitator:
Medical Development Services, Inc. 

DATE:
Tuesday, October 7, 2008

TIME:
6:00 p.m. – 6:50 Registration, Networking, Cocktails and Appetizers
6:50 p.m. – 7:00 p.m. Chapter Business
7:00 p.m. – 8:00 p.m. Speaker Presentation

LOCATION:
Hilton La Jolla Torrey Pines
10950 North Torrey Pines Road
La Jolla, CA  92037
Tel: 1-858-558-1500

DRIVING DIRECTIONS:
From interstate 5, exit Genesee Avenue and head west.  Stay on Genesee and it will curve right and become North Torrey Pines Road.  Make a left on Science Park Road (Hilton Hotel Driveway).

COST:
Early registration ends 3pm est, Monday, October 6

Members:         
$45  by October 6  
$60 at the door
Non-Members: 
$55  by October 6  
$60 at the door

Student Member:        
$20
Student Non-Member:
$25

Seating is limited and will be on a first come, first served basis so it is recommended attendees register by Monday, October 6

Online registration is now closed.
Please register onsite.

Seating is limited and will be on a first come, first served basis. Please note that we will still need to receive your reservation by Monday, March 17, to guarantee your registration.

2) Register by check:

Please mail your check to:

Vasu Pestonjamasp, Ph.D.
Bio-I.P. Management Co.
1144 Glen Ellen Place
San Marcos, CA 92078

For questions about the event:

Vasu Pestonjamasp, Ph.D., Chair
Phone: (858) 349 0950
E-mail: vasu.sandiego.les@gmail.com

NOTE:   This presentation will qualify for MCLE credit

SPEAKER'S BIOGRAPHIES

Mike McCully serves as a Senior Manager at Deloitte Recap LLC.  Mike joined the Deloitte practice through the merger of Deloitte and Recombinant Capital (Recap), a boutique consulting firm established in 1998 that specializes in providing advisory services to the biotech and pharmaceutical industry related to alliance structuring and valuation.

During his tenure, Deloitte Recap clients have included several top tier pharmaceutical firms, over a hundred biotech companies, and various consulting and investment concerns.  Deloitte Recap's finger on the pulse of the drug industry serves as an invaluable tool to its clients.  Deloitte Recap has been retained to assist in hundreds of biotech transactions with a total value in excess of $10 billion.

Prior to his joining Recombinant Capital, Mike worked at Burrill & Company, a San Francisco based Life Sciences Merchant Bank, and also held research positions at Northwestern University and Purdue University.  Mike holds a BS from Purdue University and an MS from Northwestern University.
Mike has contributed several articles to Signals Magazine, and he has been quoted in industry publications including The Deal Magazine, Pharmaceutical Executive Magazine, Nature Biotech and Chemical Engineering News.  His analyses have been conveyed in the Wall Street Journal, Barron’s, the Economist, and on CNBC.  Mike speaks regularly at licensing conferences and other industry events, where he shares his insights on trends in biotechnology and business.  He serves on the Advisory Board of Phacillitate and on the Steering Committee for IBC’s Drug Discovery Technologies World Congress.

Deloitte Recap is widely known for their information services and databases used by the bioscience business professional, which you can learn more about by visiting them at www.recap.com, at their premier client site www.rdna.com, and also through their online magazine www.signalsmag.com.

SPONSORED BY:

Allen Matkins Leck Gamble Mallory & Natsis LLP is a law firm with more than 240 attorneys practicing out of seven offices throughout California, including Del Mar Heights and San Diego.  The firm's areas of focus include corporate, intellectual property and technology, real estate, construction, business litigation, taxation, land use, environmental, bankruptcy and creditors' rights, and employment and labor law.