The Healthcare Bioscience Development Corporation, d/b/a BioMed SA, was formed by San Antonio community and industry leaders during 2005 to build upon the city’s impressive base of biomedical assets and raise its visibility nationally and beyond. This initiative was based on the realization that, despite the significant size of the local healthcare and bioscience industry and its importance to the local economy, San Antonio is not well recognized for its unique biomedical assets. The City of San Antonio, Bexar County and CPS Energy provided grants totaling $250,000 to launch BioMed SA as a non-profit corporation and public/private partnership. This was done at the request of Henry Cisneros and Joe Krier, representing The Greater San Antonio Chamber of Commerce. BioMed SA subsequently received tax-exempt status from the IRS as a 501(c)(6) organization. Following a nationwide search and selection process, Ann Stevens was hired from San Antonio’s bioscience community as President, effective November 1, 2005. She and Director of Membership and Administrative Services, Donna Miller, constitute the initial staff. BioMed SA is a non-profit, membership-based organization, supported in part by Bexar County and the City of San Antonio. The size and scope of San Antonio’s Healthcare and Bioscience industry is documented each year by The Greater San Antonio Chamber of Commerce in a report written by Trinity University professors Dr. Richard Butler and Dr. Mary Stefl.