PLATINUM2024

Arizona Bioindustry Association Inc

Making Life Better Together

aka AZBio   |   Chandler, AZ   |  https://www.AZBio.org

Mission

AZBio supports the needs of Arizona’s growing life science ecosystem as we work to make Arizona a top-10 life science state. Our Goal is to double the impact of Arizona's life science sector by 2033.

Ruling year info

2004

President & CEO

Joan Koerber-Walker

Main address

1800 E Ray Road Suite 106

Chandler, AZ 85225 USA

Show more contact info

Formerly known as

Arizona Bioindustry Cluster, Inc.

EIN

86-0938465

NTEE code info

Professional Societies, Associations (Y03)

Alliance/Advocacy Organizations (E01)

Economic Development (S30)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

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Communication

Blog

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

Our goal is to grow Arizona's Bioscience Sector and ensure people benefit from its innovations. Today, Arizona has not reached the top industry tiers, but it is making progress. Over the past 20 years, public and private investment into the state's bioscience sector have exceed $23 billion and yielded an economic impact of $32.67 billion in 2018 alone. Yet, Arizona lags its population peer group (states with 5 - 7 million people) in many key metrics. Arizona companies are discovering, developing, and delivering life saving and life changing innovations , but have the potential to do a great deal more if we address some key challenges - specifically increasing awareness of the value our bioindustry delivers and access to the early-stage capital needed for young life science companies to thrive. With the rising cost of healthcare, we must continually work with our public and private partners on ways that our innovations can improve quality of life and lower healthcare costs.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Arizona Bioscience Week

Arizona Bioscience Week showcases Arizona's life science and healthcare innovation community with a week of educational and community events.

Population(s) Served
Adults
Children and youth

Access to capital is essential to the growth of our innovator companies. Held in even numbered years, White Hat connects innovators and investors with a goal of making connections that lead to future funding. White Hat presenting companies have gone on to raise over $2.1 billion in investment since 2014.

Population(s) Served
Adults

The Arizona Bioindustry Association, Inc (AZBio) is co-leading an initiative to address one of our industry's greatest challenges - the lack of early stage life science investment capital in Arizona. The project is supported by our partners and a 3-year grant from the U.S. Economic Development Administration that was extended for an additional year in 2021. AZBio is providing supporting infrastructure for the AZAdvances capital campaign as well as working across the ecosystem to build an investable pipeline of early stage life science companies. AZAdvances is part of the Opportunity Through Entrepreneurship Foundation (OTEF).

In 2022, the State of Arizona selected OTEF as the non profit agency that will deploy the annual distributions from the Arizona Health Innovation Trust Fund.

Population(s) Served
Adults

Since 2011, the Student Discovery Zones have provided opportunities for students from Arizona high schools, community colleges and universities to showcase their work and connect with industry with a goal of building supporting our future talent pipeline.

Population(s) Served
Children and youth
Young adults

AZBio uses multiple communication vehicles to keep our bioscience community connected and raise awareness of the value we create within the general population. This includes social media, weekly newsletters, AZBio.org, our dedicated online video channel (AZBio.TV) , nationally syndicated press releases, a special supplement published in AZ Business Magazine, and through local and national media interviews.

In 2020 and 2021, AZBio worked with ABC15 and CW61 to inform the general publics of the value created by our industry and local Arizona health innovators when the Covid-19 pandemic restricted in-person gatherings.

Population(s) Served
Adults

Where we work

Awards

Arizona Innovation Awards 2020

AZBusiness Magazine

Association Executive of the Year 2020

Arizona Society of Association Executives

Number of Arizona-based bioscience firms

This metric is no longer tracked.
Totals By Year
Type of Metric

Outcome - describing the effects on people or issues

Direction of Success

Increasing

Context Notes

This metric is reported in June of even numbered years and drawn from the BIO/TEConomy report. There is a 2 year lag on data reported. (i.e. the report in June of 2020 will report 2018 data.)

National Tier for Firms (quintiles)

This metric is no longer tracked.
Totals By Year
Type of Metric

Outcome - describing the effects on people or issues

Direction of Success

Decreasing

Context Notes

This metric is reported in June of even numbered years and drawn from the BIO/TEConomy report. There is a 2 year lag on data reported. (i.e. the report in June of 2020 will report 2018 data.)

Bioscience Employment (non Hospital)

This metric is no longer tracked.
Totals By Year
Type of Metric

Outcome - describing the effects on people or issues

Direction of Success

Increasing

Context Notes

This metric is reported in June of even numbered years and drawn from the BIO/TEConomy report. There is a 2 year lag on data reported. (i.e. the report in June of 2020 will report 2018 data.)

National Tier for employment (quintiles)

This metric is no longer tracked.
Totals By Year
Type of Metric

Outcome - describing the effects on people or issues

Direction of Success

Decreasing

Context Notes

This metric is reported in June of even numbered years and drawn from the BIO/TEConomy report. There is a 2 year lag on data reported. (i.e. the report in June of 2020 will report 2018 data.)

Aggregate Number of Students/Industry interactions facilitated

This metric is no longer tracked.
Totals By Year
Population(s) Served

Students

Related Program

Arizona Bioscience Week

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

Providing students with opportunities to interact with industry leaders helps to keep our talent pipeline healthy.

Annual Member Cost Savings

This metric is no longer tracked.
Totals By Year
Type of Metric

Outcome - describing the effects on people or issues

Direction of Success

Increasing

Context Notes

AZBio offers a suite of programs representing commonly used products and services in our sector. Each dollar saved has the potential to be reinvested into research, people or other growth factors.

Dollar Amount of Venture Capital Investment

This metric is no longer tracked.
Totals By Year
Type of Metric

Outcome - describing the effects on people or issues

Direction of Success

Increasing

Context Notes

This metric is reported in June of even numbered years and drawn from the BIO/TEConomy report. Data is reported as an aggregate of the prior 3 year span. (i.e. 2014-2017) $ in Millions

Venture Captal National Tier (quintile)

This metric is no longer tracked.
Totals By Year
Type of Metric

Outcome - describing the effects on people or issues

Direction of Success

Decreasing

Context Notes

This metric is reported in June of even numbered years and drawn from the BIO/TEConomy report. Data is reported ass an aggregate of the prior 3 year span. (i.e. 2014-2017) Tier 1 is the Top Tier

Pubic Awareness Campaign Reach

This metric is no longer tracked.
Totals By Year
Population(s) Served

Adults, People with diseases and illnesses, Academics

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

Community awareness and public information campaign reach (Print, TV, In-Person). 2021 Includes TV impressions. The Health Innovation Spotlights program was not funded in 2022.

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

The Arizona Bioindustry (AZBio) has a vision that Arizona can become a top-10 bioscience sector.

AZBio pursues this vision by executing on its mission to support the needs of Arizona’s growing Life Science Ecosystem.

We do this by focusing our effort and programs in six areas: Advocacy, Voice, Connectivity, Capital, Workforce, and Infrastructure.

1. Patient access to life saving and life changing innovations
* Working with patient organizations to understand opportunities and challenges
* Working with elected leaders to educate and inform

2. Raising awareness of the value our industry creates locally and nationally
* Media Partnerships to help inform the public
* Statewide publications that reach 25,000 in print and 125,000 on line
* Hosting Arizona Bioscience Week to showcase current and future opportunities for our state and our people.

3. Improving access to the early stage capital necessary to move potential innovations out of the lab and into development.
* Hosting the White Hat Life Science Investor Conference in even numbered years ($1.6 billion + raised by past presenting companies.)
* Supporting the creation of a new, endowment based, seed fund, as an independent 501c3, that will provide a sustained flow of early
stage funding. (see https://www.azadvnces.org)

AZBio is a small organization with 2 employees and is contracted with an association management company to provide back office support. We leverage the talents of our board members and other volunteers to achieve our goals. While this has worked for the last decade, to tackle to aggressive goals we have set, we needed additional support especially in the area of improving access to capital.

in 2018 AZBio applied to to the US Economic Development Administration for a grant to add additional resources to achieve this goal. The $299,750 grant was awarded at the end of 2018 and will provide additional infrastructure support for the initiative through 2022.

Additional support will be required to capitalize the project if we are to succeed.

AZBio has accomplished quite a bit in recent years. The following are a few examples:

Patient access to life saving and life changing innovations
* Working with patient coalitions, advocated for a new law to help patients afford their medicines.
* Working with patient coalitions, expanded the scope of Arizona's Newborn screening program.
* Working with patient coalitions, improved patient access with new heath policies.
* Working with the medical community, educated and informed on the importance and safety of
vaccinations of all types including the most recent COVID-19 vaccines.
Raising awareness of the value our industry creates locally and nationally
* Substantially increased our media reach to the general public including new TV campaigns that
generated over 200K impressions in 2020 and are expected to generate over 1.7 million
impressions in 2021.
* Over a period of 5 years, worked with community leaders to demonstrate the need to continue to
build our university research infrastructure that resulted in a $1 Billion investment by the State of
Arizona.
* Creation of Arizona Bioscience Week which is now in its 9th year.

Improving access to the early stage capital necessary to move potential innovations out of the lab and
into development.
* Hosting the White Hat Life Science Investor Conference in even numbered years ($1.6 Billion +
raised by past presenting companies.)

What's next:
Working with our partners to create a $200 million endowment and a $50 million current use fund specifically for life science innovation. see https://www.AZAdvances.org

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We shared information about our current feedback practices.
  • How is your organization using feedback from the people you serve?

    To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals

  • Which of the following feedback practices does your organization routinely carry out?

    We collect feedback from the people we serve at least annually, We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We look for patterns in feedback based on demographics (e.g., race, age, gender, etc.), We look for patterns in feedback based on people’s interactions with us (e.g., site, frequency of service, etc.), We engage the people who provide feedback in looking for ways we can improve in response, We act on the feedback we receive, We tell the people who gave us feedback how we acted on their feedback

  • What challenges does the organization face when collecting feedback?

    It is difficult to get the people we serve to respond to requests for feedback, The people we serve tell us they find data collection burdensome

Financials

Arizona Bioindustry Association Inc
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Operations

The people, governance practices, and partners that make the organization tick.

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lock

Connect with nonprofit leaders

Subscribe

Build relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. Try a low commitment monthly plan today.

  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.

Arizona Bioindustry Association Inc

Board of directors
as of 05/20/2024
SOURCE: Self-reported by organization
Board chair

Kevin Parker

Russ Yelton

Yelton & Associates

Jeffrey Singleton

EY

Jeff Vallerga

BIO

Joan Koerber-Walker

Arizona Bioindustry Association

Mara Aspinall

Ilumina Ventures

Kiran Avancha PhD

HonorHealth

Jennifer Barton PhD

The University of Arizona

Shannon Groppenbacher

Johnson & Johnson

MaryAnn Guerra

Aesthetics Biomedical

Jason Jardine

Knobbe Martens

Renae Franz

Acacia Consultants

Elliott Mufson PhD

Dignity Health

Stephen Munk PhD

ASU Biodesign Institute

Caron Davis

Translational Genomic Research Institute (TGen)

Sandra Watson

Arizona Commerce Authority

Kyle Wesley

Medtronic

Peter Bawin

Generate Life Science

David Dexter

Sonora Quest

Steven Lester, MD

Mayo Clinic

Cathy Langham

Langham Logistics

Mary O'Reilly

Flinn Foundation

Steven Potts, PhD

OncoMyx Therapeutics

Alex Tessmer

BD Peripheral Intervention

Claudia Whitehead

City of Phoenix

Rebecca Ewald, PhD

Roche

Anthony Caldwell

Snell & Wilmer

Tom Eisiminger

Regenesis Biomedical

David Patience

Accelerate Diagnostics

Kristen Swingle

Critical Path Institute

James Bates

AdviNow Medical

Charles McWilliams

Avantor/VWR

Matthew Hutchings

Jazz Pharma

Janine LoBello

Exact Sciences

Nathan Trembath

BMS

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? No

Organizational demographics

SOURCE: Self-reported; last updated 10/8/2023

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Female, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

Disability

We do not display disability information for organizations with fewer than 15 staff.

Equity strategies

Last updated: 06/09/2021

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Policies and processes
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.