Biotech News - South Dakota Biotech Association Announces Official Launch

South Dakota Biotech Association Announces Official Launch

Press Release

March 29, 2006 – Sioux Falls, South Dakota – The South Dakota
Biotechnology Association will host a press conference at 2:00pm on
Monday, April 3rd at the Sioux Falls Development Foundation office
located at 200 N. Phillips Avenue. South Dakota will become the 41st
State with an Affiliate of the Biotechnology Industry Organization
with the launching of SDBIO. The new association will be a resource
for the emerging biotech industry in South Dakota. The association
will represent companies whose regular business activities involve
biotechnology or products derived from biotechnology. Primarily,
member companies will be directly involved with the medical science,
life science, animal science and plant science.

"South Dakota is positioned to become a key player in the research
and development of biotech products and services, said Eddie
Sullivan, Board President and COO of Hematech. This new association
will assist in communicating the many opportunities and strong
support for biotech companies in South Dakota. Biotechnology has
allowed companies to gain more efficiencies in healthcare, livestock
production, crop production and in the processing of ethanol."

The purposes of the organization are to promote biotechnology within
the State of South Dakota through economic development and
developing the industry with start up companies with the state as
well as positioning the state for companies to move in. The
association will also be actively involved in educating South
Dakotans about biotechnology, its purposes and products. The
association will promote networking opportunities between interested
parties within the state and will also help companies to find
resources to continue to build and grow biotechnology.

Throughout the U.S., agriculture biotechnology has generated over
22,000 jobs and over $2.4 billion in revenues, including the
contributions of companies supplying inputs to the industry or goods
and services to employees.

South Dakota Biotechnology Association (SDBIO) will be hosting its
annual meeting and conference each fall. The conference is open to
members, media and interested parties. The 2006 theme is "Developing
a Bioscience Industry on the Prairie: Strategies and Partnerships."

SDBIO will also participate in national and international
conferences and tradeshows. These conferences will provide SDBIO and
its members with opportunities to promote South Dakota and our
biotech industry.

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www.sdbio.org

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