Mass. Biotech Council renames to ‘MassBio’

0925_MassBio-LogoMassachusetts Biotechnology Council is a mouthful, and MBC, as local life sciences insiders call it, doesn’t mean anything to anyone outside of the state. So just call them MassBio.

The organization has officially changed its name, its logo and its website. The new site prominently lists the services and educational programs the organization provides.

In this economy, it’s not all about the miniatiure crabcakes. Biotech companies want to know their dues — which range from $1,500 per year for tiny companies all the way up to $18,000 for the Pfizers of the world — are getting them something of tangible value. So the new MassBio offers everything from group purchasing for natural gas to partnering events geared to spur deals between the small companies and big pharma.

The new name creates congruence between the Massachusetts organization and several other high profile groups, including the San Francisco Bay region’s “BayBio.”

“It also helps because we are doing more work in Washington, and before people would say, ‘MBC? Is that a TV network’?” MassBio President Bob Coughlin said.

Finally, the name casts a wide net. Coughlin said if any biomass or biofuels companies want to join, they are more than welcome.

- Julie M. Donnelly

Posted by mlang

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