Innovation Improving Lives Conference Highlights Irvine’s Position as a Leading Life Sciences Hub

Wednesday, June 19, 2019

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The Greater Irvine Chamber co-hosted in conjunction with the U.S. Chamber of Commerce on June 17 a half-day conference, Innovation Improving Lives, at Edwards Lifesciences, to facilitate a discussion on innovation in the life-science and biomed industries.

Congressman Lou Correa (CA-46) said California continues to lead in innovation, with Irvine as a hub for life sciences innovation. He praised entrepreneurs and inventors who make sacrifices to bring their ideas to life and vowed to continue to work to make patents easier to secure.

During the conference, Rep. Correa was presented with the U.S. Chamber’s prestigious Spirit of Enterprise Award. The award is given annually to members of Congress based on their votes on critical business legislation as outlined in the Chamber’s How They Voted scorecard. Members who supported the Chamber’s position on at least 70 percent of those votes qualify to receive the award.

Under Secretary of Commerce for Intellectual Property and director of the U.S. Patent and Trademark Office Andrei Iancu delivered the keynote address, saying that innovation in Orange County is strong because of the entrepreneurial spirit that exists here and gave credit to the U.S. patent system as a driving force for innovation through competition.

“The biggest invention of them all, the creation of the U.S. Constitution, which for the first time in human history included implicit and express rights for intellectual property.” Iancu said. “[The U.S.] democratized invention and created an incredibility rich innovation machine. For the first time anyone could invent, and the fact is anyone did invent. …Humanity does not know progress without the U.S. patent system.”

Panelists discussing the economics and policies that enable life-saving innovative breakthroughs in life sciences and biopharmaceuticals in Orange County, included Richard Sudek CIO and executive director, UCI Beall Applied Innovation, and Linda DiMario, executive vice president, Greater Irvine Chamber.

“I see continued growth in the life science sector in Irvine/Orange County,” DiMario said. The talent accessibility here is just enormous. Site selectors looking at places to move businesses have now stated that access to talent is the #1 factor for consideration. We have that talent and will have that talent into the foreseeable future.”

Greater Irvine Chamber President and CEO, and member of the U.S. Chamber’s Chamber of Commerce Committee of 100, Bryan Starr closed the program, emphasizing the importance of collaboration between community partners like the OCTANe,Orange County Business Council, and UCI Applied Innovation.

“Partnerships are essential to ensuring a strong innovation ecosystem here in Irvine,” Starr said. “This is what the architects of the Irvine Master Plan had in mind more than 50 years ago when they laid out a vision for the city’s future.”

Conference partners include the Greater Irvine Chamber and one of its Leaders Circle members, Edwards Lifesciences; Global Innovation Policy Center; Orange County Business Council; and the U.S. Patent and Trademark Office.

For more information on Irvine/Orange County’s life sciences sector, contact Linda DiMario.

Category: Chamber News, Partner News