Biocom, the San Diego-based association for the life science community, has announced that Joe Panetta, the group's president and CEO, has been appointed by Gov. Jerry Brown to the California Institute for Regenerative Medicine's (CIRM) Independent Citizens' Oversight Committee.
"This is an opportunity to work alongside patient advocates, researchers and leaders in the biotechnology space to guide the development of experimental medical treatments through regulatory bodies and ultimately to the patient," said Panetta, who will continue serving as Biocom president and CEO.
Responsibilities of the CIRM 29-member governing board include: adopting scientific, medical, ethical, and intellectual property policies; making final decisions on all grant and loan awards; and overseeing the operations of CIRM.
CIRM was established in November 2004 with the passage of Proposition 71, the California Stem Cell Research and Cures Act. The statewide ballot measure, which provided $3 billion in funding for stem cell research at California universities and research institutions, which was overwhelmingly approved by voters, called for the establishment of an entity to make grants and provide loans for stem cell research, research facilities, and other vital research.
Biocom is one of the largest regional life science associations in the world, representing more than 600 member companies in Southern California. The association focuses on initiatives designed to position the region's life science industry competitively on the world stage, and on the development and delivery of innovative products that improve health and quality of life.
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