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Biotech in Triad

Explore the thriving biotech industry in the Triad region of North Carolina, which boasts over 265 life science companies, $7 billion in revenue, and a diverse range of job opportunities. Discover the region's emphasis on research and development and its potential for future advancements in nanotechnology and regenerative medicine.

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Biotech in Triad

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  1. Biotech in Triad July 12, 2010 Terry Howerton Atkins School of Biotechnology

  2. Biotech in North Carolina Source: North Carolina Biotechnology Center

  3. Applications of Biotechnology Medical Agriculture Environmental Industrial Marine Forensics

  4. Over 520 life science companies • 57,000 employed in life sciences • 123,000 additional employed in supporting services companies • Biotech accounts for 180,000 jobs • $45.8 billion in revenue • Average salary is $69,000 vs $33,000 per capita income • Third largest biotech industry in the nation • Ranks second in agricultural biotech • While NC unemployment rate was 11.2% last year, employment in the biotech sector increased 1% Source: Greensboro News and Observer (Feb 22, 2010)

  5. Types of Jobs • Research and Development • Biomanufacturing • Contract Research Organizations • Pharmaceutical Manufacturing • Chemical Manufacturing • Engineering/Construction • Medical Devices • Clinical Trials • Industrial • Regulatory • Administration • Finance • Sales and Marketing

  6. Biotechnology in the Triad

  7. Over 265 Life Science companies • 86 Bioscience-related companies • 179 service/support companies • $7 billion in revenue • Banner Pharmacaps, Cook Medical, LabCorp, Targacept, Transtech Pharma • 9500 people work in the regions biotech industry Source: Piedmont Triad Partnership

  8. Local Initiatives • National Center for the Biotechnology Workforce • Gateway University Research Park • Center for Innovation in Nanobiotechnology • Piedmont Triad Research Park • Wake Forest Institute of Regenerative Medicine Source: North Carolina Biotechnology Center

  9. A Sampling of Triad Biotech Companies • Algaen Corp. • Aqualutions, LLC • Clean EarthTechnologies, LLC • Cook Medical • Corn Products • DNA:SI Labs • GBF Medical Group • KeraNetics, LLC • NanoMedica Inc • Patriot Biodiesel LLC • Pharma Core • Targacept

  10. Where do we go from here? • Heaviest emphasis is currently on R&D • Will we move into manufacturing? • What other needs will be developed from current research? • Nanotechnology • Regenerative Medicine

  11. Education/Training Pipeline • Nine community colleges with programs tailored to needs of life science • BIOWORK certificate program • NCCCS Bionetwork • Eleven area 4-year colleges and universities • UNCG, NCA&T, and WFU offer doctoral programs with “high research activity” • One high school (Atkins) program Source: Piedmont Triad Partnership

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