New Mexico Biotechnology & Biomedical Association

Name

New Mexico Biotechnology & Biomedical Association

Legal name

New Mexico Biotechnology & Biomedical Association

Website

https://www.nmbio.org

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Trade Association Services

NAICS

Business Associations (813910), Professional Organizations (81392), Convention and Trade Show Organizers (561920)

SIC

Services-Membership Organizations (8600)

akta.pro primary industry

Life Sciences & Biotechnology Congresses (THAHAJAB)

akta.pro secondary industry

Executive Summits & Invitation-Only Forums (MPAGAGAK)

Keywords

• Biotechnology trade association
• Biomedical industry advocacy
• Lifesciences membership services
• Industry networking events
• Policy advocacy services

Headquarters

HQ city

Santa Fe

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Membership Dues: NMBio generates revenue through annual membership dues scaled by organization size (number of employees). Membership provides access to networking, education, professional development, BIO Business Solutions discounts, and advocacy representation.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels8 records

Core offering

NMBio is a nonprofit trade association providing membership services, networking events, advocacy, and cost-savings programs to New Mexico's biotechnology and biomedical industry. Membership tiers ($300-$3,000/year by employee count) provide access to BIO Business Solutions discounts, education programs, policy advocacy, and community-building events including Lunch & Learn sessions, the Knowledge Fair, and BIO International Convention participation.

Product overview

NMBio is a membership-based trade association for New Mexico's bioscience industry, not a product company. The organization offers membership services, industry events, advocacy, and access to BIO Business Solutions discount programs. Key services include Lunch & Learn educational sessions, the annual Knowledge Fair, Member Appreciation Luncheon, Annual Legislative Luncheon, and networking at the BIO International Convention through the NM Pavilion. The association connects over 120 member firms including biotech companies, academic institutions, and national labs.

Differentiator

Problem solved

Functional benefit

Products and services

• NMBio Membership Annual membership program with tiered fees based on organization employee count (1-9 employees: $300/year; 10-29: $500/year; 30-149: $1,000/year; 150-299: $2,000/year; 300+: $3,000/year). Members receive networking, education, professional development, advocacy representation, and access to BIO Business Solutions discounts.
• Lunch & Learn Events Virtual and in-person educational meetings held during lunch hours featuring speakers on bioscience and biomedical topics, offered free to members as part of the membership benefit.
• Knowledge Fair Annual day-long event held at CNM's Workforce Training Center featuring keynote speakers, panel discussions, and tabletop exhibits by NMBio members.
• Member Appreciation Luncheon Annual luncheon recognizing member achievements and scientific breakthroughs.
• Annual Legislative Luncheon Event held in Santa Fe prior to state legislative sessions featuring government and industry leaders to support advocacy and policy efforts.
• BIO Business Solutions Cost savings program operated by BIO offering NMBio members up to 75% discounts on laboratory supplies, up to 70% on office supplies and furniture, up to 70% on shipping services, and up to 50% on workwear and cleanroom services.
• Advocacy & Policy Services Advocacy services collaborating with legislative leaders in New Mexico and Washington D.C. to advance the state's life sciences industry, foster medical innovation, and ensure health equity and healthcare affordability.

Quantifiable outcome

• Up to 75% discounts on laboratory supplies through BIO Business Solutions
• +3 more outcomes

Named customers8 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Nine partnerships are on record, tiered core and minor.

• Biotechnology Innovation Organization (BIO)coreGTM or Marketing PartnerNMBio is affiliated with BIO as the statewide representative for New Mexico's life sciences community. This partnership provides members with access to BIO Business Solutions cost-savings program, federal legislative resources, industry analysis reports, SBIR support, and participation in the BIO International Convention.
• PhRMAcoreGTM or Marketing PartnerNational partnership providing NMBio with detailed information on proposed federal legislation and access to governmental affairs representatives for pharmaceutical industry advocacy.
• Council of State Bioscience Associations (CSBA)coreStrategic or Co-development PartnerNational partnership connecting NMBio with other state bioscience associations for shared advocacy, best practices, and coordinated policy efforts.
• AdvaMedcoreGTM or Marketing PartnerNational partnership providing access to medical technology industry governmental affairs representatives and federal legislative information.
• New Mexico Bioscience AuthoritycoreStrategic or Co-development PartnerState's first public-private partnership created to build a new model of bioscience industry growth. Collaborates with NMBio on developing the bioscience ecosystem.
• Los Alamos National LaboratorycoreStrategic or Co-development PartnerNational laboratory collaborating with NMBio and other stakeholders to support life sciences research and development in New Mexico.
• Sandia National LaboratoriescoreStrategic or Co-development PartnerNational laboratory with technology partnerships and business development operations supporting New Mexico's bioscience ecosystem through NMBio collaboration.
• Air Force Research LabminorStrategic or Co-development PartnerFederal research laboratory participating in the NM Bioscience Stakeholders group working on shared recommendations and strategies for the state's life sciences ecosystem.
• Teconomy (Bio Economy Report)minorOthersSource of industry statistics and analysis for the annual 'U.S. Bioscience Economy' report used by NMBio for New Mexico bioscience metrics.

Scale indicators9 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• MassBio: Massachusetts state-level biotechnology industry association. Highly comparable to NMBio as a state trade association offering membership, advocacy, events, and BIO-affiliated cost-savings programs to a regional life sciences community.
• California Life Sciences: California's statewide life sciences trade association. Directly comparable as a state-level member-based organization providing advocacy, networking, and resources to biotech, pharma, and medical device companies.
• BioNJ: New Jersey's life sciences trade association. Comparable in mission and operating model — member dues, advocacy at state/federal levels, events, and BIO-affiliated programs for the NJ bioscience ecosystem.
• Georgia Bio: Georgia's statewide bioscience industry association. Comparable to NMBio as a CSBA-affiliated state association offering membership tiers, legislative advocacy, networking events, and partnership programs for the state's life sciences companies.
• NCBiotech (North Carolina Biotechnology Center): North Carolina's state-level life sciences development organization. Comparable as a statewide entity focused on growing the bioscience industry through partnerships with industry, academia, and government, with member-driven programming.
• Council of State Bioscience Associations (CSBA): National consortium of U.S. state bioscience associations of which NMBio is a member. Comparable as a peer-network of trade associations coordinating advocacy, best-practice sharing, and BIO engagement at the national level.
• Texas Healthcare and Bioscience Institute: Texas's statewide life sciences industry association. Comparable to NMBio as a member-supported trade association providing advocacy, networking events, and resources to a state-level biotech and biomedical community.

Broad incumbents

• Biotechnology Innovation Organization (BIO): The largest U.S. biotechnology trade association and NMBio's national umbrella partner. Overlaps with NMBio's advocacy and event functions but operates at national/international scale, serving the full industry rather than one state.
• PhRMA: National pharmaceutical industry association and a partner of NMBio. Comparable in advocacy and member-services model but focused on the pharmaceutical segment at the federal level rather than regional biotech broadly.
• AdvaMed: National medical technology industry association and NMBio partner. Comparable as an industry association offering advocacy, member resources, and governmental affairs services, but specialized in medical devices at the federal level.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/NMBio

Revenue estimate

Valuation estimate

Number of profiles

Profiles19 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about New Mexico Biotechnology & Biomedical Association