Organization: THE BIOEXEC INSTITUTE INC
Mission: TO ENCOURAGE THE BUILDING AND STRENGTHENING OF COLLABORATIVE WORKING RELATIONSHIPS AMONGST LIFE SCIENCE INDUSTRY LEADERS IN A GLOBAL CONTEXT; PROMOTE CONTINUED INVESTMENT AND GROWTH IN THE LIFE SCIENCES; TO REVIEW EXCITING NEW OPPORTUNITIES FOR FUTURE INVESTMENT AND INNOVATION.
Activities: DUE TO COVID-19, THE ORGANIZATON WAS UNABLE TO HOLD ITS ANNUAL RETREAT IN 2020.TYPICALLY, THE ORGANIZATION HOLDS AN ANNUAL RETREAT THAT BRINGS TOGETHER LEADERS FROM THE BIOTECHNOLOGY AND PHARMACEUTICAL INDUSTRIES. THE RETREAT PROVIDED STRUCTURED FORUMS WHERE PARTICIPANTS ENGAGE IN MEETINGS AND DISCUSSIONS REGARDING THE ADVANCEMENT OF SCIENCE, INDUSTRY TRENDS AND URGENT ISSUES.REGISTRATION AND SPONSORSHIP FEES FOR THE RETREAT THAT WERE PAID IN ADVANCE WERE DONATED BACK TO THE ORGANIZATION BY MOST PARTICIPANTS. REFUNDS DUE AND REGISTRATION FEES DEFERRED TO FUTURE EVENTS HAVE BEEN REMOVED FROM INCOME AND RECORDED AS LIABILITIES.PROGRAM SERVICE EXPENSES WERE INCURRED IN MANAGING THE RETREAT FOR THE 2020 EVENT AND ADVANCE PLANNING FOR THE POSSIBILITY OF A 2021 EVENT. THE ORGANIZATION DID NOT HOLD A RETREAT IN 2021 AND PLANS REMAIN UNCERTAIN FOR 2022.
THE INSTITUTE FUNDED THE FOLLOWING GRANTS IN KEEPING WITH ITS MISSION:$20,000 - NORTHEASTERN UNIVERSITY SCHOLARSHIP FUNDS DESIGNED TO RECRUIT WOMEN FROM EMERGING MARKET COUNTRIES INTERESTED IN STUDYING IN THE SCIENCES - PREFERABLY ONE OF THE LIFE SCIENCES.
NTEE category: Medical Research
Secondary category: Science & Technology