CHI to Host Conversation with George Shultz and Biomedical Industry to Address Healthcare...

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Wed Jul 23, 2008 6:15am EDT

CHI to Host Conversation with George Shultz and Biomedical Industry to Address Healthcare Reform and Income Security

LA JOLLA, Calif.--(Business Wire)--
California Healthcare Institute:


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WHO:        George Shultz, Distinguished Fellow, Hoover Institution,
             and John Shoven, Director, Stanford Institute for
             Economic Policy Research, co-authors of Putting Our House
             in Order: A Guide to Social Security & Health Care
             Reform, and Hank Nordhoff, Chairman and Chief Executive
             Officer, Gen-Probe Incorporated, as moderator.

WHAT:       A conversation and question and answer session regarding
             healthcare and income security.

WHEN:       4:00 p.m. to 7:00 p.m., Wednesday, July 23

WHERE:      Salk Institute for Biological Studies
            10010 North Torrey Pines Road
            La Jolla, Calif. 92037

DETAILS:    Of all the issues surrounding the 2008 election, the
             staggering projected costs for the upkeep of America's
             largest entitlement programs--Medicare, Medicaid and
             Social Security--loom with gathering intensity.
             Government revenues alone cannot solve the problem, but a
             solution must be found. In this conversation hosted by
             leaders from California's life sciences industry, George
             Shultz and John Shoven take a practical--and optimistic--
             look at the issues at hand and offer an agenda for reform
             that will make these essential programs solvent.

Members of the Media, RSVP:    Tiffany Taluban
                               (858) 551-6677
                               taluban@chi.org
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   George P. Shultz, professor of economics at Stanford University's
Graduate School of Business and Distinguished Fellow at the Hoover
Institution, served as the 60th U.S. Secretary of State from 1982 to
1989. The previous year, he chaired President Ronald Reagan's Economic
Policy Advisory Board. From 1972 to 1974, he was secretary of the
treasury. He served as secretary of labor from 1969 to 1970 before his
appointment as director of the Office of Management and Budget.

   John B. Shoven, Ph.D., is the Charles R. Schwab professor of
economics and director of the Stanford Institute for Economic Policy
Research. He is also a senior fellow at the Hoover Institution and a
Research Associate of the National Bureau of Economic Research. He
specializes in public finance and corporate finance and has published
on Social Security, corporate and personal taxation, mutual funds,
pension plans, economic demography and applied general equilibrium
economics.

   Henry Nordhoff, is the chairman of CHI and chairman and CEO,
Gen-Probe Incorporated. Nordhoff joined Gen-Probe in July 1994
as president and chief executive officer. Before joining Gen-Probe,
Mr. Nordhoff served as president and CEO of TargeTech, Inc., a gene
therapy company focused on the potential treatment of inherited
diseases, which was merged into the Immune Response Corporation in
1992. Previously, Nordhoff spent more than 16 years at Pfizer Inc.
where he held several senior positions in Brussels, Seoul, Tokyo and
New York.

   A Conversation on Healthcare Reform and Income Security is
sponsored by Sidley Austin LLP and Ernst & Young and hosted by Gary
Augusta, OCTANe; Scott Bass, Sidley Austin LLP; Marsha Chandler, Salk
Institute; John Cottingham, Invitrogen; John Dunn, Biogen Idec; Peter
Farrell, ResMed; David Gollaher, CHI; Alex Lukianov, NuVasive;
Catherine Mackey, Pfizer Global Research; John Martin, Gilead
Sciences; Julie Meier Wright, San Diego Regional Economic Development
Corporation; Chris Nolet, Ernst & Young; Hank Nordhoff, Gen-Probe
Incorporated; Gail Naughton, San Diego State University; Duane Roth,
CONNECT.

   CHI represents more than 250 leading biotechnology, diagnostics,
medical device and pharmaceutical companies and public and private
academic biomedical research organizations. CHI's mission is to
advance responsible public policies that foster medical innovation and
promote scientific discovery. CHI's Web site is www.chi.org.

California Healthcare Institute
Tiffany Taluban, 858-551-6677
taluban@chi.org

Copyright Business Wire 2008
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