AZBio launches AZBioLink to stimulate Arizona’s bioscience industry

New program will connect buyers and sellers of bio-related goods and services

[Phoenix, Arizona] -- The Arizona BioIndustry Association (AZBio) announces the launch of its novel AZBioLink program, designed to stimulate Arizona’s bioscience industry by connecting buyers and sellers of bio-related goods and services. “During these difficult financial times, innovative ways must be found to support Arizona’s growing biotech industry. AZBio has developed and now launches a program to promote the expenditures of Arizona bioscience organizations within Arizona,” stated Robert S. Green, AZBio’s president.

Arizona has a plethora of bioscience entities providing goods and services required by other entities. As a few examples, Arizona is home to first-class organizations providing custom synthesis, analytical services, and all stages of clinical trials. Informal surveys of Arizona organizations revealed that very little of their operating budgets for outside goods and services are expended within Arizona, and none have a system in place to seek out local providers. Similarly, firms providing goods and services report that precious few clients are from within the state.

“Obtaining goods and services locally is always preferable to impersonal long-distance relationships, and it may offer cost savings as well. What’s more, supporting Arizona bioscience entities fuels further growth and will help us build a critical mass of firms. It’s a win-win situation for all,” Green said.

The first step in the program is to identify buyers and sellers of goods and services, which will be accomplished through a simple eight-question survey being distributed today. Firms currently involved in a research-and-development mode are encouraged to diversify by providing a product or service related to their expertise. The program is open to everyone in the Arizona bioscience supply chain. Details and a link to the survey can be found at http://www.azbio.org.