The Roundup – February 22, 2024

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February 22, 2024
Member News

More Industry News

Golden Tickets to BioLabs – Apply nowTwo Golden Tickets for a US BioLabs site are up as an award in a competition sponsored by Otsuka. Each Golden Ticket provides one year of fully paid individual bench space and membership at a fully equipped laboratory designed to accelerate early-stage startup working on research and development in novel platform technologies for discovery of novel targets, improved drug discovery, tissue tropism, delivery of large molecules, or new pharmaceutical based therapeutic interventions. Therapeutics areas of strategic focus include Psychiatry, Neurology, Cardio-Renal and Immunology.

Apply by April 1 and join Biolabs New Haven at their new 101 College location.

The 2024 regular session of the Connecticut General Assembly convened on Wednesday, February 7th.The legislative session will focus on a variety of issues, including, but not limited to:

  • Budget adjustments and debate over spending and tax guardrails to stay under the spending cap
  • Proposals to restrain the growth of healthcare costs
  • Workforce development
  • Housing
  • Artificial Intelligence – protections and opportunities to assist with medical field and healthcare
  • Additional proposals to address the opioid crisis and the shortage of behavioral health services.
  • To expand the mandate on businesses to provide paid sick days

Governor Ned Lamont addressed a joint session of the full general assembly to give his “State of the State and Budget Address“.Here is the link to the Governor’s 2025 budget proposal overview.

Here is the link to the Governor’s 2025 budget document.

The Governor’s proposed budget discussions this year will be notably shaped by the “fiscal guardrails”, which are spending restraints first implemented by the legislature in 2017 and extended by the legislature and the Governor last year. The commitment to these fiscal guidelines will face scrutiny as the budget process progresses through the legislative session.

Democratic House and Senate leadership, urged on by some members of their caucuses, are exploring potential modifications to the guardrails to allow for some funding flexibility. It remains unclear at this time exactly how or to what extent that will be achievable until conversations continue through the budget deliberation process over the next couple months. Meanwhile, House and Senate minority leadership will be seeking more sustainable tax cuts, limiting spending, and maintaining the fiscal guardrails.

Over the upcoming days bills will be submitted and various committees will be meeting and vetting bills that will come up for public hearings. Chris Smith and John Harkins of Rome Smith Lutz & Kowalski, who are now our policy leads, will keep BioCT apprised of opportunities to engage with public hearing testimony on bills relevant to advancing and enhancing the life sciences industry in the state.

We will continue to keep you updated as the legislative session develops.  Please do not hesitate to reach out to us if you have any questions.

— Jodie GillonPresident and CEO
[http://]Business After Hours – Hosted by GNHCC TODAY, February 22, 5:30 – 7:30 pmThe Lab at ConnCORP invites you to enjoy delicious food and drinks while networking with exhibiting black-owned businesses and the regional business community. Exciting giveaways…2024 Yale SOM Private Equity & Venture Capital Symposium Friday, February 23, 10:00 am – 5:00 pmWe’d like to welcome you to the 2024 Yale SOM PE/VC Symposium. The symposium will be hosted on February 23, 2024 at Pier 17 in New York City. Keynotes include Joe Delgado…Yale Healthcare Services Innovation Case Competition Friday, February 23 – Saturday, February 24Case teams will have the opportunity to pitch solutions to business challenges on breaking medical barriers to advance transformative therapies and drug development. All selected…BIO CEO & Investor Conference Monday, February 26 – Tuesday, February 27Don’t miss one of the largest investor conferences in our industry where institutional investors, industry analysts, and senior executives are shaping the future investment landscape of…Councils & Conversation  – Hosted by GNHCC Wednesday, February 28, 8:00 – 9:30 amJoin us on February 28th for an important conversation regarding the need to help improve lives and promote wellbeing in our communities and workplaces.Navigating Credits and Incentives: ERC, WOTC, and More – Hosted by CLA Thursday, February 29, 12:00 – 1:00 pmAttend our complimentary webinar as CLA tax professionals show you how to navigate the complex landscape of employment-related tax credits. We’ll cover the employee retention credit… Connecticut Science Center – Pathways to Stem NightThursday, February 29, 5:00 – 8:00 pmManufacturing careers are in high demand, and increasing access to education and training opportunities is one of the first steps toward fortifying Connecticut’s workforce pipeline. With that…Councils & Conversation – Hosted by GNHCC Tuesday, March 5, 8:00 – 9:30 amJoin our Technology Council members for a round table discussion into real world applications for Artificial Intelligence in your business.   Empowered Women, Empower The World! Webinar – Hosted by GNHCC Tuesday, March 5, 8:00 – 9:30 amWhat does it take to be a great woman leader?  In this insightful session you will learn the 10 most vital traits of exceptional women leaders. You will also learn how to build a positive and productive team that gets things done effectively.PULSE & FLY Mixer  – Hosted by GNHCCWednesday, March 6, 5:00 – 7:00 pmMix and mingle with like-minded individuals in the vibrant atmosphere of BAR while enjoying refreshments and conversation. Don’t miss this opportunity to expand your network and forge…Rare Disease Day Forum Thursday, March 7, 1:30 – 4:30 pmJoin us for an afternoon of industry-led discussions on innovation in rare disease diagnostics and treatments, along with the promising impact of these advancements on patient outcomes.The Jackson Laboratory: Women X Women Tuesday, March 12, 2:00 – 5:00 pmLeading JAX scientists will discuss infertility caused by endometriosis and cancer treatments, and the impact of genetic diversity on our ability to fight disease. This special event is being offered…CURE Rare Disease Lab Grand Opening Saturday March 16, 11:00 am – 2:00 pmThis event promises a unique opportunity to witness the ribbon-cutting ceremony, explore the facility, and enjoy a lunch. Make sure to mark your calendar for this special occasion…HAYVN HATCH – Pitch nightMonday, March 18, 5:30 – 6:30 pmJoin HAYVN HATCH for their next pitch night and hear from 5 startups who are ready to grow!Register Now!

Advancing Leadership Through Mentoring – Hosted by EWIB Monday, March 25, 5:00 – 7:00 pmJoin us for a mentoring and networking event co-hosted by Mentorship, Advisors, Peers, and Sponsorship (MAPS) and Executive Women In Bio (EWIB). Our speaker Usha Pillai will lead…Annual Meeting of the New England Association of Parasitologists (NEAP) 2024 – Hosted by UConnSaturday, April 13, 9:00 am – 5:00 pmThe 29th Annual Meeting of the New England Association of Parasitologists (NEAP) will take place on at UConn Health. We are “a dedicated, enthusiastic group of scientists and educators…2024 BIO International Convention Monday, June 3 – Thursday, June 6The BIO International Convention is the largest and most comprehensive event for biotechnology, representing the full ecosystem of biotech with over 20,000 industry leaders from across the…

Full Events Calendar
Please email Caitlin Truesdale to share any news and events: