annual report - Life Sciences Pennsylvania

In 2017, your association surpassed major growth milestones; brought new resources to Pennsylvania's life sciences community by way of innovative programming; achieved significant legislative successes at both the state and federal levels; and furthered our mission of providing membership services and facilitating ...
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2 0 1 7 L I F E

S C I E N C E S

P E N N S Y LVA N I A

ANNUAL REPORT

2 0 1 7 ANNUAL REPORT

C O N N E C T. A D V O C AT E . A D VA N C E . L I F E S C I E N C E S P E N N S Y L VA N I A W W W. L I F E S C I E N C E S PA . O R G

TA B L E O F C O N T E N T S LETTER TO MEMBERS

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S T R AT E G I C P R I O R I T I E S

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LIFE SCIENCES CENTER

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E C O N O M I C I M PA C T R E P O R T

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ADVOCACY 9 PROGRAMS 13 PA R T N E R S 1 9 MEMBERSHIP 20 BOARD OF DIRECTORS

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GOVERNANCE COMMITTEES

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SPONSORS 27

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A LETTER TO OUR MEMBERS C O N N E C T. A D V O C AT E . A D VA N C E .

VISION

In 2017, your association surpassed major

membership. When we take a deeper look

an addition to Life Sciences PA’s Summit

were funded at the same level as the prior

growth milestones; brought new resources

into the make-up of our membership, we

Series, designed to help new entrepreneurs

fiscal year. The R & D Tax Credit was again

Pennsylvania is considered the most attractive

to Pennsylvania’s life sciences community by

see that there has been growth among all

learn the strategies and techniques used by

supported at $55 million.

location in the United States for establishing

way of innovative programming; achieved

sectors and in multiple regions throughout

experienced and successful entrepreneurs.

significant legislative successes at both the

the state of Pennsylvania.

state and federal levels; and furthered our

a rise of companies and organizations

mission of providing membership services

with fewer than 10 employees creating

and facilitating strategic connections by

businesses in Pennsylvania and joining our

expanding our offices in Wayne, PA to

membership.

create @LSPA – The Life Sciences Center,

and entrepreneurs speaks to the health…

the newest member benefit available to all

and fragility…of the life sciences industry.

a life sciences organization by life sciences leaders within the U.S. and by those outside the U.S. seeking to establish U.S. operations.

MISSION

Life Sciences PA members.

Life Sciences Pennsylvania’s mission is to

have experienced another year of making

ensure Pennsylvania is the United States hub

connections, advocating on behalf of the

for the life sciences by creating a business and public policy environment which fosters life sciences growth and success.

industry and advancing the life sciences in Pennsylvania.

We also saw a statewide and national

more programs targeted to specific sectors

policy approach to the opioid issue.

of and

our

membership,

lasting

facilitating

connections,

unique

continuing

to

represent our membership on the state and

events in 2017, including our Annual Dinner,

your association with the same number of

where 1,200 guests convened to celebrate

employees.

of our industry; the Spring Social, which has

nearly 300 life sciences executives came

our achievements in 2017, a snapshot of

together for a series of relaxing evenings

the successes of our membership, and the

to meet new colleagues and reconnect with

st