Posted by: Audrey Erbes | October 6, 2013

Obamacare is Launched Plus Life Science Events and Jobs

Well, Obamacare rolled out on Oct. 1st and there weren’t any major protests or upheavals. There were the usual Internet glitches that one expects with any major new program be it governmental or commercial. The rhetoric in the House of Representatives was mainly noted to be posturing of a very few members of the conservative, Tea Party wing of Republican party willing to stop government to get their way after the failure of their legislative attempts to overturn Obamacare—as one commentator put it the “babies throwing their toys out of the pram.” Other Republicans fear this unwillingness of the few to accept that Obamacare is the law of the land will really hurt their party at the next election cycle. This will be true except for those in districts that are securely in the hands of Republicans as result of redistricting when Congress was controlled by Republicans.

One thing upon which all agree—including even the ideologically bound to overturning Obamacare—history tells us that the program will survive. There’s more movement in the direction of recognizing that this attempt to extend health insurance to more citizens is long overdue and it will become a sacred cow just as Social Security, Part D Drug Coverage and Medicare have become.

With the growing disparity in share of wealth with 95% of growth during the recovery of the last 3 years going to the wealthiest 1% becoming more obvious to all, claiming Obamacare is hurting our citizens rings false to most. The nation needs a citizenry that is healthy and most recognize that all citizens doing well in both income growth and access to health makes for a successful country for all of us.  The quality of life in our country will deteriorate for all, just as it does in third world countries. Unhealthy citizens mean the inability to learn or work and ultimately lowers the revenues that drive our consumer- driven society.

In recent a Pharmaceutical Executive piece entitled “The First Day of Obamacare: Is US Pharma Ready?” by guest blogger Tom Norton on Sept. 30, 2013, there was an assessment of how Pharma views the impact of Obamacare on the industry. Some executives are very anxious and others hesitantly optimistic as so much about it is still unknown. Will the first year mainly increase the demand for cheap generics? Will Pharma finally understand that only those drugs which are truly breakthrough in efficacy will reap the high prices they desire in the future? But it is clear that now all interviewed accept Obamacare is here to stay and, since the Supreme Court decision reinforced the law, are preparing their strategies and marketing plans for the new reality.

Highlights of Upcoming Week’s Events

  • BioCentury This Week, See new program Webcast Starting Sunday, Oct. 6, 2013, 2013 http://www.biocenturytv.com, Available anytime starting at 9:00 a.m. EDT; Topic: “Wall Street Parties: Why VCs Worry;” Speakers: Jonathan Leff, Partner at Deerfield Management and Chairman of the Deerfield Institute; Ed Mathers, Partner at NEA; Jamie Streator, Managing Director at Cowen & Co.
  • Biotech Bay Career Fair, Monday Afternoon, Oct. 7, 2013; Event: “Biotech Bay Career Fair”
  • Bio2Device Group, Tuesday Evening, Oct. 8, 2013; Topic: “The Good, Bad and Ugly of Healthcare Crowdfunding;” Speaker: Patricia Salber, MD, MBA, CEO, Health Tech Hatch
  • Foley, Thursday, Oct. 10, 2013; Topic: “No Longer Business as Usual: Critical Changes in Investment and IP Strategy for Life Sciences”
  • The Conference Forum, Thursday and Friday, Oct. 10-11, 2013;Event Topic: PODD: Partnership Opportunities in Drug Delivery; Chair: Barbara Lueckel, PhD, Global Business Development Director, Roche; keynote by Robert Langer, PhD, David H.Koch Institute Professor, MIT, George M. Whitesides, PhD, Woodford L. and Ann A. Flowers University Professor, Harvard University and Founding Core Faculty Member, Wyss Institute as well as John Ludwig, SVP, BioTherapeutics Pharmaceutical Sciences, Pfizer.
  • Palo Alto AWIS, Thursday Evening, Oct. 10, 2013; Topic: “Tips from Recruiters: a panel discussion;” Panelists: Melisa Medrano, Staffing Consultant, Gilead Sciences and Will Thompson, Scientific Recruiter
  • Stanford School of Medicine, Saturday, Oct. 12, 2013; Event: “Women at the Heart of Leadership 2013: Women in Medicine and Science Conference Keynote speaker: Leading Change: Reflections on life in Biomedicine, Elizabeth G. Nabel, MD, President, Brigham and Women’s Hospital Professor of Medicine, Harvard Medical School, Former Director, National Heart, Lung, and Blood Institute Alumni Association

Highlights for Business Development Course in Dec.

  • UC Berkeley Extension Course, Thursday and Friday, Dec. 5-6, 2013; Course: “Life Science Business Development,” (formerly known as Biotechnology Business Development); Lead Instructor: Audrey S. Erbes, Ph.D., Principal, Erbes & Associates and AudreysNetwork.com blog; Guest Speakers: Allison Dupuy, Ph.D., Senior Director in the Life Sciences division of Simon-Kucher & Partners; Harold (Hal) Etterman, MBA, CEO, Knight Financial Plans & Services, LLC; Carolyn Feamster, MBA, a business strategy and analysis consultant; Gilbert R. Mintz, Ph.D., President of GRM Associates; Ginger Dreger, J.D., M.S., partner in Arnold & Porter LLP’s intellectual property practice group; Chris Dokomajilar, Director, Business Intelligence, BioCentury; Location: Downtown University of California, Berkeley Extension, 425 Market St., 8th Floor, San Francisco, CA 94105; Cost: Fall term—fee: $895, (440.8-001). Register at http://tinyurl.com/lba26sq

Find all the details for these upcoming events plus those through Jan. 2014 by right clicking on Audreys picks Oct. 6 2013 as well as Jobs That Crossed My Desk Through Oct. 6, 2013a This latter list includes jobs I discovered this past week as well as the previous two weeks.

Audrey

 

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