Tri-Valley’s culture of innovation has grown since National Laboratories Lawrence Livermore and Sandia launched their Open Campus program ten years ago.
This was brought to light during the San Francisco Business Times annual look at the Tri-Valley that took place on Zoom 10 days ago. The panels presented the 2040 vision of the Innovation Tri-Valley Leadership Groups, the housing challenges in the region and the two national laboratories and the resulting private sector opportunities.
The third panel included Lawrence Livermore’s new director Kim Budil, co-founder of 10x Genomics and lab alum Ben Hindson, and lead scientist Sandia Brooke Harmon. Budil noted how quickly the lab has grown, adding nearly 3,000 people over the past five years as its budget grew to $ 2.5 billion. Among the key projects the lab is tackling is how to use its modeling and supercomputing expertise to dramatically accelerate the drug development pipeline.
This is an area on which Harmon and his team have collaborated with Lawrence Livermore. She said she used to explain what she was working on, but not anymore. “… We’ve been working to develop a platform technology that we can quickly pivot to any specific pathogen, but also do things that have a broader spectrum so that they can work on a family of viruses. ” She has worked on monoclonal antibodies to make them more effective at targeting specific tissues and less expensive. Antibodies are the most important part of the immune system’s response.
Hindson, from Australia, gave an overview of his motivation: “We can have a good time and while we do… at the end of the day, what matters to me has an impact. When asked for his title in five years, he reported 1,000 fewer cancer deaths and 10,000 fewer cancer deaths in 10 years due to groundbreaking research performed with 10x genomics equipment.
Laboratory director Budil said the University of California, which shares a management role with other companies, is preparing to renovate Hertz Hall, an open campus facility that once housed the applied science department of the ‘UC Davis. She obtained her doctorate there. This will be a UC system-wide resource and will create another cross-pollination opportunity between lab workers, academics and the private sector that is already in place at the manufacturing research facility.
The housing panel, not surprisingly, noted that the Bay Area and California in general fall woefully short of building enough units to keep pace with household formation.
Jordan Moss, the founder of Catalyst, offered his new solution for mid-range housing, affordable housing for essential workers such as first responders and teachers who earn enough to not qualify for any of the low-income grants. . Their group partners with cities and buys existing Class A properties. The purchase is financed by municipal bonds, which allows them to reduce the burden of traditional spending by about half. This means they can drastically reduce rents, making them affordable for middle income groups.
The plan calls for the properties to revert to the city over the long term so that it can either continue the middle-income housing or sell it and reinvest the funds in other affordable housing projects. Moss estimates they will be making around $ 2 billion in purchases this year. They have already purchased two properties totaling around 700 units in Dublin this year.
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