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New Mexico Delegation to Promote the State's Bioscience Industry at BIO International Convention in Boston
New Mexico Delegation to Promote the State's Bioscience Industry at BIO International Convention in Boston

Yahoo

time11-06-2025

  • Business
  • Yahoo

New Mexico Delegation to Promote the State's Bioscience Industry at BIO International Convention in Boston

Delegates from public, private, and higher education entities will participate in the New Mexico Pavilion to create new connections and drive interest in the state's bioscience industry Albuquerque, NM, June 11, 2025 (GLOBE NEWSWIRE) -- A delegation of government, economic development, association and industry leaders and businesses will represent the New Mexico bioscience industry at the BIO International Convention in Boston June 16-19. The Albuquerque Regional Economic Alliance (AREA) will promote the New Mexico bioscience industry, learn about the latest bioscience trends, and connect with companies interested in relocating or expanding their business in greater Albuquerque. 'The greater Albuquerque region has a growing number of bioscience assets and workforce clusters that make it a prime location for medical technology companies,' said AREA President & CEO Danielle Casey. 'This conference gives us an opportunity to highlight assets driving that growth, to understand how to best support our local firms and to see how trends and technology are shaping site location and expansion decisions.' Representatives from AREA will exhibit at the conference with partners from Presbyterian Health, UNM Health Sciences, the New Mexico Bioscience Authority, Sandoval Economic Alliance, the New Mexico Economic Development Department, Tricore, Los Alamos National Labs. The City of Albuquerque, Bernalillo County and Sandoval County are also serving as sponsors of this effort. Each partner will highlight different aspects of the bioscience industry, which is broadly defined as any science that deals with the biological aspects of living organisms, by showcasing their respective organizations. 'Bernalillo County is ready and eager to partner with biotechnology businesses looking to expand in central New Mexico,' said Marcos Gonzales, Executive Development Officer for Bernalillo County. 'The I-40 TradePort Corridor is a key asset for companies seeking to integrate national or regional logistics and distribution capabilities into their growth strategies. If your expansion plans include logistics automation or multi-modal connectivity, we're here to find the right solution together.' 'The University of New Mexico Health Sciences Office of Research is honored to participate in the 2025 BIO International Convention,' said Dr. Hengameh Raissy, Vice President of Research at UNM Health Sciences. 'As part of the New Mexico booth, our team is eager to showcase groundbreaking research, build strategic partnerships, and explore new opportunities for collaboration that drive advancements in health and biomedical sciences. We are excited to engage with global leaders in biotechnology and life sciences, and to highlight the impactful work taking place at UNM Health Sciences and throughout New Mexico.' A featured and exciting showcase will occur on Tuesday, June 17 during the main exhibit hall reception, courtesy of Visit Albuquerque, where booth visitors will experience the thrill of a hot air balloon ride from the safety of the ground through virtual reality. The region has seen consistent growth within the industry, thanks to high concentrations of technical occupations, key regional assets like national laboratories and top-tier research universities, and a statewide talent pipeline of STEM-based graduates that has seen steady growth over the past five years. Overall, the state of New Mexico has seen a 26% job growth increase in the past five years in the bioscience cluster and 3,970 Statewide STEM Graduates. 'Albuquerque offers the innovation ecosystem, workforce, and infrastructure needed to help bioscience companies thrive and scale,' said Economic Development Director Max Gruner. 'We're committed to meeting businesses where they are and building new partnerships.' The 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 globe. It is regarded as one of the most significant gatherings in the industry, providing a platform for New Mexico to connect and make strategic connections with investors, businesses interested in their research or products, and industry leaders from the pharmaceutical, med tech, life science, health care, government, and academic institutions. The Exhibition showcases over 500 exhibitors offering cutting-edge solutions in product development, contract research, contract manufacturing, and beyond, providing the New Mexico bioindustry an opportunity to build new partnerships and increase visibility and brand awareness of New Mexico as a leading location to do business. To view the New Mexico delegation's schedule of booth events and representatives, as well as reports and data on the bioscience industry in New Mexico, visit For more information about the conference, visit: About AREAThe Albuquerque Regional Economic Alliance is a 501(c)(3) nonprofit organization whose mission is to lead and execute strategies designed to grow and diversify the economic base of the greater Albuquerque region, creating a prosperous, diverse and inclusive economy and elevating the standard of living for all. AREA provides confidential assistance to businesses considering the area for expansion and new investment. Since its creation in 1960, AREA has recruited more than 250 companies and more than 35,000 jobs to the Albuquerque metro area. AREA also provides retention and expansion assistance to existing industry. For more information, visit CONTACT: Danielle Casey Albuquerque Regional Economic Alliance 505-705-3785 dcasey@

State officials spotlight New Mexico as Economic Development Week begins
State officials spotlight New Mexico as Economic Development Week begins

Yahoo

time12-05-2025

  • Business
  • Yahoo

State officials spotlight New Mexico as Economic Development Week begins

May 11—Economic Development Week kicks off this week — an effort put on by the International Economic Development Council to shine a spotlight on work completed by professionals and local programs. Economic development is about more than just building infrastructure, state Economic Development Secretary Rob Black said. "It's about building communities, and we do that by investing in our businesses that help create those opportunities and investing in our families so that they can take advantage of them," Black said in a recent interview. "When a society feels like they have opportunity, when a family feels like it has opportunity, when you feel like your kids are going to have a better opportunity than you had as an adult, that creates hope for the future." Economic Development Week, May 12-16, has been around since 2016. Danielle Casey, president and CEO of the Albuquerque Regional Economic Alliance, or AREA, is the vice chair of the board of directors for the International Economic Development Council, or IEDC. "As a career economic development professional, I have found that our work in raising awareness in our local communities about the importance of investment in economic development is never done," she said in a statement to the Journal. She said serving on IEDC's board since 2017 and participating as a member of the organization for two decades has created "an amazing opportunity to raise the profile of New Mexico economic development among colleagues across the nation and the globe." "Even more importantly, I have benefitted from the ability to access and learn from exceptionally talented economic developers in a wide variety of communities and organizations," she added. Black, confirmed by the Legislature as the EDD secretary during the 60-day session, recently took trips to countries in Asia, including Singapore and Japan, to help get New Mexico on the map as a place to do business. He said he touted benefits the state offers, from free college to its prime research and development capabilities. "You start to tell that narrative, and people's eyes open up," Black said. One of the challenges in attracting companies, however, has been a lack of shovel-ready land for companies to build on, Black said. A couple of new laws signed this year will help address that. Overall, he said, New Mexico has "a lot to be excited about and to celebrate as we think about where we are." AREA will host a special event Thursday at Revel Entertainment to celebrate Economic Development Week, where it will air the new documentary "The Evolution and Future Path of Greater Albuquerque's Economy." You can find more information on the event at IEDC also has toolkits and relevant reports about Economic Development Week available on its website

AREA Showcases Albuquerque's Business Advantages at Space Symposium in Colorado Springs
AREA Showcases Albuquerque's Business Advantages at Space Symposium in Colorado Springs

Yahoo

time07-04-2025

  • Business
  • Yahoo

AREA Showcases Albuquerque's Business Advantages at Space Symposium in Colorado Springs

Albuquerque, NM, April 07, 2025 (GLOBE NEWSWIRE) -- To enhance greater Albuquerque's standing as a premier hub for the Aerospace industry, the Albuquerque Regional Economic Alliance (AREA) is participating in the 40th annual Space Symposium April 7-11 in Colorado Springs, Colorado in conjunction with the New Mexico Economic Development Department, the New Mexico Partnership, and key industry and commercial real estate leaders like NewSpace Nexus, Sandia National Laboratories, and Spaceport America. The 40th Space Symposium brings together spacefaring nations, space agencies; commercial space businesses and associated subcontractors, allowing the Albuquerque region to position itself as a location of choice for new investment to a variety of relevant stakeholders within this important industry sector. 'New Mexico's aerospace ecosystem continues to thrive and attract significant attention,' said Melinda Allen, President/CEO of New Mexico Partnership. 'As we move into 2025, we are eager to strengthen our partnerships across the state and highlight the unique opportunities New Mexico offers for innovation and growth in the aerospace industry. This event presents a valuable opportunity to further our efforts in positioning the state as a key player on the global stage.' With more than 20,000 professionals employed in aerospace job clusters and key facilities like Kirtland Air Force Research Laboratory, Sandia National Laboratories, and nearby Los Alamos National Laboratory, the greater Albuquerque region leads New Mexico in aerospace employment. It also ranks as the second most concentrated metro in the Southwest for aerospace industry jobs. 'Aerospace and aviation technologies are key drivers of both our regional and global economy,' said Danielle Casey, President & CEO of the Albuquerque Regional Economic Alliance. 'In collaboration with the State of New Mexico and regional industry partners, we are actively promoting our region's strengths and tailoring them to meet the specific needs of the space industry. This remains a top priority for us, positioning Albuquerque as a premier destination for investment in aerospace and aviation operations.' 'Once a classified cradle of defense R&D, Space Valley is now a dynamic, collaborative ecosystem accelerating breakthroughs in space technology and commercialization. Those who have discovered this best kept secret are already reaping the rewards of an ecosystem that was born to nurture and scale space companies,' said Randy Trask, Executive Director of Q Station. To learn more about the Aerospace industry in greater Albuquerque and the State of New Mexico, visit CONTACT: Danielle Casey Albuquerque Regional Economic Alliance 505-705-3785 dcasey@

Albuquerque Regional Economic Alliance CEO staying true to New Mexico when it comes to development
Albuquerque Regional Economic Alliance CEO staying true to New Mexico when it comes to development

Yahoo

time02-04-2025

  • Business
  • Yahoo

Albuquerque Regional Economic Alliance CEO staying true to New Mexico when it comes to development

ALBUQUERQUE, N.M. (KRQE) – If you look into the strategic planning and development happening in the largest city in New Mexico, at the forefront of that movement, you will find the Albuquerque Regional Economic Alliance. This week Chad Brummett sat down with AREA President and CEO, Danielle Casey, to talk about her 20 years of experience developing cities like Sacramento and Scottsdale, what she learned there on redirecting resources to data rather than lobbying, how to go about staying true our city while growing, and doubling down on the thing that makes our city special: it's cultural identity. Learn more about AREA Mexico Frontiers Digital Show is KRQE New 13's online exclusive web series, giving viewers a more detailed look into how the state is making waves in the Aerospace, Bio-science, Renewable Energy, Digital Media and Film, and Advanced Manufacturing communities. For more segments on prior stories, visit the New Mexico Frontiers page by clicking this link. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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