BOSTON — Representatives of 10 Alabama biotech firms are attending the world’s largest industry conference this week, hoping to return home with new investments and partnerships to further their groundbreaking research in the state.
More than 16,000 industry leaders from more than 70 countries are expected at the BIO International Convention in Boston.
“BIO is an important meeting as it is a single place to meet with many companies using the BIO partnering system,” said Rick Burch, president of Innovative Med Concepts, a development stage biotech firm in Tuscaloosa.
The company’s lead compound, IMC-1, is in development for the treatment of fibromyalgia and irritable bowel syndrome using a first-in-class non-narcotic mechanism of action.
