Business Performance

Webinar Recording of Moving Up, Moving Out: A NYC Primer + Best Practices

 

On January 28th, Safety Partners, East Egg Project Management, Newmark, Perkins & Will, and First Republic Bank discussed the NYC landscape for R&D companies considering moving and/or expanding into new space, either from an incubator, sub-leased, or currently leased space.

Check out this recording to learn about the essential elements needed along the journey to Day-One operations in that new space.

Webinar agenda:

Opening Remarks by Nishta Rao, Managing Director – Life Science, First Republic Bank

Panel Discussion with:

  • Yasmeen Ahmed Pattie, Principal, East Egg Project Management
  • Bill Harvey, Managing Director, Newmark
  • Matthew Malone, Associate Principal, Science & Technology Practice Leader, Perkins & Will
  • Rae Moore, Quality, Research, and Training Specialist, Safety Partners

From Ph.D. to Safety: Brown BioCon Recap

This past October, Safety Partners had the opportunity to speak at Brown University’s BioCon Seminar.

The BioCon Seminar series is focused on bringing in speakers, with higher degrees in the life sciences, to speak with post-docs, graduate students, and med students about diverse career paths outside of academia.

Each seminar features speakers that discuss their career path, their day-to-day work, and their advice for students and post-docs. This session featured two Safety Partners’ speakers, Dina Lloyd, Consulting Safety Officer (CSO), and Dana Zafiropoulos, Quality, Research, and Training (QRT) Specialist.

Dina graduated from Tufts’ Ph.D. program and Dana graduated from UNC-Chapel Hill’s Ph.D. program before joining Safety Partners. Since both Dina and Dana have successfully made this career transition from academia to environmental, health, and safety (EHS), they shared their experience with Brown students and post-docs and answered questions.

The discussion focused on how to find a career outside of academia and what careers in EHS look like, including […]

Boston Lab Space Expands to the Suburbs

Over the last few years in Boston, we’ve seen an increasing trend of limited lab space in the city and more companies moving out to the suburbs – COVID-19 has only sped up this process.

This trend is partly due to the health crisis exacerbating shortages in the already tight Boston market, particularly in Cambridge (the epicenter of the state’s life sciences industry), and companies seeking lower rents found in the suburbs.

In this post, we’ll share what experts have been seeing with this phenomenon and what benefits they see in having lab and office space in the suburbs vs. Cambridge/Boston.

This past August, Safety Partners hosted a webinar with a group of partners representing architects, construction management, project management, and real estate brokers called a Primer on Moving Out, where we gave an overview of the keys to a successful lab relocation.  Understanding the markets is an important factor to consider.

In September, we had the opportunity to […]

Do Safer Companies Outperform Others in the Stock Market? Apparently “Yes”.

We’ve been wondering if safer companies actually outperform others.

Dr. Diane Chen of the Harvard School of Public Health pointed us to a fascinating study, “The Link Between Workforce Health and Safety and the Health of the Bottom Line” (Fabius et al, Journal of Occupational and Environmental Medicine, Vol. 55, No. 9, September 2013, web). The answer appears to be “yes”.

The study built a hypothetical investment portfolio of safe, healthy, publicly traded companies and compared their stock performance to the S&P 500. Lo and behold, according to the study the portfolio of safe, healthy companies outperformed the S&P 500 by 80% between 1999 and 2012 and by 4.6% on an annualized basis.

The research team examined the publicly traded winners of the annual Corporate Health Achievement Award (CHAA) as determined by the American College of Occupational and Environmental Medicine. The CHAA looks at 17 distinct factors ranging from executive leadership to workplace safety to workplace wellness. Of the 17 factors, 9 factors relate directly to workplace […]