BayBio, BIOCOM and SoCalBio
                                   Establish the California Life Science Alliance 
                      to Promote California’s Leadership in Life Science Innovation

SoCalBio (the Southern California Biomedical Council), BIOCOM and BayBio, which together
represent life science firms and research organizations across California, today announced
an alliance to promote the state’s life science industry.

The California Life Science Alliance is based upon a memorandum of understanding signed
at the 2008 BIO International Convention in San Diego. Under the terms of the three-year
agreement, the organizations will pool resources and work together to address a range of
public policy issues.

The new alliance recognizes that California is the birthplace of biotechnology and the
undisputed leader in global biocommerce and innovation. But while the life science industry
is one of the state’s largest employers and economic catalysts, it has not garnered its fair
share of visibility and recognition.

“Citizens and elected officials tend to understate our industry’s vast contribution to
California’s economy and society as a whole,” said Joe Panetta, president and CEO of
BIOCOM. “By working together as an alliance, we can make sure that our representatives
in Sacramento and Washington D.C., as well as the public at-large, understand that the
life science industry is vital to California’s future.”

With more than 200,000 employees at about 5,000 establishments that generate more
than $70 billion in revenues, California’s life science firms and research organizations
represent nearly half of the world’s biotechnology industry. They employ a large workforce
and generate a financial impact rivaling that of other sectors such as film and television
production which is routinely heralded as one of California’s most important signature industries.

BayBio President and CEO Matt Gardner added ”For too long, California’s biotech industry
hasn’t been recognized for its economic impact, as well as its role in shaping the future of
healthcare. The Alliance announced today will help remedy this problem.”

The alliance will focus on public policy and joint advocacy efforts at the state and federal levels.
The three organizations will also collaborate on life science industry conferences and joint
purchasing group opportunities.

”Regions throughout the world are aggressively trying to lure our biotech firms and the clean,
high-paying jobs that go with them,” said Ahmed Enany President and CEO of SoCalBio, which
represents the life science and medical device industries throughout the greater Los Angeles
area. “Raising the visibility of this vital industry will help Californians understand that California
must work proactively to retain its leadership in biotech innovation and commercialization.”

California is the undisputed world leader in biotechnology, serving as home to industry leaders
such as Amgen, Genentech and Invitrogen. It’s also home to hundreds of smaller biotech, medical
device, diagnostic and scientific service companies, as well as a diverse range of service providers
that help the industry succeed. In addition, California is home to world-renowned research
institutions including UCSF, Stanford, UC Berkeley, UCLA, USC, UCI, Caltech, UC-San Diego, Salk
Institute and the Scripps Research Institution, which serve as life science innovation and talent
centers.

The California Life Science Alliance is open for participation with other regional organizations that
help strengthen the alliance and promote the life science industry throughout California. The
memorandum signed today does not constitute an agreement by any of the entities to provide
financial support for any individual project or activity.

About BayBio
BayBio is Northern California's life sciences association. It supports the life sciences community
through advocacy, enterprise support and the promotion of best practices and research collaboration.
BayBio represents more than 400 members involved in research, development, and commercialization
of life science technologies. Over a third of BayBio members are engaged in developing medical
technologies, diagnostics and research tools. More info about BayBio can be found at www.baybio.org

About BIOCOM
BIOCOM is the largest regional life science association in the world, representing more than 570
member companies in Southern California. The association focuses on initiatives that 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. This includes initiatives in capital
formation, public policy, workforce development, and member services. More info about BIOCOM
can be found at www.biocom.org

About SoCalBio
The Southern California Biomedical Council (SoCalBio or SCBC) is the member-supported trade
association of the life-science industry in Greater Los Angeles. Its mission is to promote biomedical
and life science research, development, manufacturing and overall economic development in the six
counties (Los Angeles, Orange, Ventura, Riverside, San Bernardino and Santa Barbara) that comprise
the greater Los Angeles region. The organization’s programs assist local firms in accessing capital,
potential partners and business support services. They also promote technology transfer and workforce
training. More information about SoCalBio is available at www.socalbio.org.