Biostrategy Partners Inc.
Biostrategy Partners Inc.
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About this organization
Mission
ENGAGING IN AND SUPPORTING THE DEVELOPMENT OF THE LIFE SCIENCES INDUSTRY BY PROVIDING SCIENTIFIC, BUSINESS AND OTHER SUPPORT SERVICES TO EARLY-STAGE AND EMERGING LIFE SCIENCES COMPANIES; AND ADVANCING TECHNOLOGY COMMERCIALIZATION, INCLUDING PROVIDING TECHNOLOGY DEVELOPMENT RESOURCES AND ESTABLISHING AND SUPPORTING COMPANIES FORMED TO COMMERCIALIZE TECHNOLOGIES GENERATED BY MEMBER RESEARCH INSTITUTIONS, AND MORE EFFICIENTLY AND EFFECTIVELY COLLABORATING WITH BIOTECHNOLOGY, DIAGNOSTIC, MEDICAL DEVICE, AND OTHER COMPANIES.
About
PHARMA GERMINATOR, A PROGRAM DESIGNED TO FACILITATE INDUSTRY-ACADEMIC COLLABORATIONS THROUGH A CUSTOMIZED SPONSORED RESEARCH PROCESS, EXPANDED TO INCLUDE ADDITIONAL CORPORATE PARTNERS AND RESEARCH INSTITUTIONS. IN ADDITION TO THE LONG-STANDING PARTNERSHIP WITH JANSSEN RESEARCH & DEVELOPMENT, BIOSTRATEGY PARTNERS ENTERED INTO CONTRACTS WITH DEPUY SYNTHES AND GLAXOSMITHKILINE. THE WISTAR INSTITUTE OF ANATOMY AND BIOLOGY AND THE UNIVERSITY OF THE SCIENCES JOINED AS NEW MEMBERS OF BIOSTRATEGY PARTNERS. THESE NEW INSTITUTIONS EXPAND THE NUMBER OF RESEARCH INSTITUTIONS TO SIX, JOINING THE LANKENAU INSTITUTE OF MEDICAL RESEARCH, PENNSYLVANIA STATE UNIVERSITY, TEMPLE UNIVERSITY, THOMAS JEFFERSON UNIVERSITY, AND THE WISTAR INSTITUTE OF ANATOMY AND BIOLOGY. BASED ON THE NEW CORPORATE CONTRACTS AND EXPANDED MEMBERSHIP, BIOSTRATEGY PARTNERS LAUNCHED NEW PHARMA GERMINATOR GRANT ROUNDS IN THIS FISCAL YEAR WITH THE POTENTIAL TO FUND UP TO 13 TECHNOLOGY ADVANCEMENT PROJECTS IN THE NEXT FISCAL YEAR.
Interesting data from their 2019 990 filing
The filing reveals the mission of the non-profit as “Biostrategy partners, inc. (biosp) is a 501c3 nonprofit consortium of academic medical centers and research institutes committed to the development and transfer of academic research into the marketplace. biosp develops and offers programs and services to foster industry-academic collaboration, aid technology development and commercialization, and contribute to the ongoing education of faculty and graduate students about the commercialization and technology transfer processes.”.
When detailing its functions, they were listed as: “Engaging in and supporting the development of the life sciences industry by providing scientific, business and other support services to early-stage and emerging life sciences companies; and advancing technology commercialization, including providing technology development resources and establishing and supporting companies formed to commercialize technologies generated by member research institutions, and more efficiently and effectively collaborating with biotechnology, diagnostic, medical device, and other companies.”.
- According to the law, the state where the non-profit operates has been reported as PA.
- The filing specifies that the non-profit's address in 2019 was PO BOX 83, BOILING SPRINGS, PA, 17007.
- As of 2019, the non-profit's form shows they have a total of 0 employees.
- Is not a private foundation.
- Expenses are between $250,000 and $500,000.
- Revenue is between $100,000 and $250,000.
- Revenue less expenses is $8,078.
- The organization has 8 independent voting members.
- The organization was formed in 2004.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
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