New Study Reports Colorado Now Ranks 11th in U.S. for Bioscience Venture Capital Investments

Gov. Bill Ritter, the Colorado BioScience Association and Colorado Office of Economic Development publicly released the Colorado Bioscience Roadmap 2008 at “Bioscience Day at the Capitol,” on Friday. The announcement is made by John Collar, Executive Director of CBSA, who says the Colorado Bioscience Roadmap 2008 is an updated version of the 2003 report, Colorado’s Place in the Sun: An Action Plan to Grow Colorado’s Bioscience Cluster, prepared for the CBSA by the national Battelle Technology Partnership Practice organization.

“Among the most impressive findings, the new study reports $1.3 billion was invested in Colorado bioscience companies 2002 through Q2 2008, ranking Colorado 11th in the U.S. for bioscience venture capital investments,” Collar explains. “The new report shows us that Colorado is indeed on the right path to becoming a top-ten bioscience hub and pinpoints strategic areas where we need to focus our immediate attention during the next five years to position the bioscience sector as a key driver of Colorado’s economy.”

"More than 18,000 Coloradans are now involved in this field,” Gov. Ritter said. “We want to continue this industry growth trend and build upon our successes. Using the updated action plan will allow us to be more targeted and strategic in our planning, as well as to better compete at a national and international level.”

Link to the release

Bell Aquaculture Completes Corporate Headquarters and Processing Facilities in Redkey, IN

Bell Aquaculture, owner and operator of the nation’s largest yellow perch (Perca flavescens) farm, has completed build out of its corporate headquarters and processing facilities in Redkey, Indiana. Darien (Illinois)-based Wight & Company, began work on the 28,000-square-foot Redkey construction project in July, four months after Bell Aquaculture announced its launch in March.

The announcement is made by Michael Miller, Bell Aquaculture President & COO, who says construction was completed on schedule in Redkey; the complex is about five miles from the fish farm production facilities in Albany.

PR Newswire

Inside INdiana Business

Denver-Based SDR Ventures Retained to Initiate $15 Million Equity Raise for Bell Aquaculture

Bell Aquaculture, owner and operator of the nation’s largest yellow perch (Perca flavescens) farm, has retained SDR Ventures, Inc., a Denver-based investment bank, to raise $15 million of equity capital. The announcement is made by Michael Miller, Bell Aquaculture President & COO, who says this equity raise is the first step in scaling the yellow perch farm from a current annual production level of 208,000 pounds of fillets per year to 8.5 million pounds of fillets per year by 2015.

“Rarely do you see a young company with the focus, commitment and vision exhibited by Bell Aquaculture,” Chris Bouck, SDR Ventures founder, says. “Through significant capital investment and partnerships with the leading minds in the industry, Bell Aquaculture has perfected the model for a profitable, large-scale indoor water-recirculating aquaculture farm. We look forward to securing the capital, and more importantly, linking Bell Aquaculture with a financial partner, or partners, that share the Company’s vision and commitment.”

Read the BusinessWire Release

Absolutely PR Places Denver Acupuncturist in National Women's Magazine

Absolutely PR, with the help of a Profnet lead, successfully placed Dr. Martha Lucas, a Denver acupuncturist, in an article in the January 26th First magazine for women, on sale nationally on newsstands through Jan 25th. The article, by Brenda Kearns, explains how acupuncture cuts allergic reactions by 76%.

"We've been assisting Martha with PR -- plus enjoying helpful weekly acupuncture treatments -- since 2001," says Maggie Holben, Absolutely PR owner/founder. "First has a 1.3 million circulation and gives Martha excellent exposure both locally and nationally. On the national front, Martha conducts seminars for cosmetic acupuncture and pulse analysis."

Link to the Dr. Martha Lucas website