1 / 16

Community College Program

Welcome. Community College Program. Annual Community College Program Day Organizing Committee. Sonia Wallman – Executive Director NBC2 Elaine Johnson – Bio-Link Director Russ Read – National Center, NC BioNetwork Lance Hartford – MassBioEd Foundation

meda
Download Presentation

Community College Program

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Welcome Community College Program

  2. Annual Community College Program DayOrganizing Committee • Sonia Wallman – Executive Director NBC2 • Elaine Johnson – Bio-Link Director • Russ Read – National Center, NC BioNetwork • Lance Hartford – MassBioEd Foundation • Margaret Bryans – PI NBC2, Montgomery County Community College • Lisa Seidman – Madison Area Technical College • Tim Dubuque - NBC2

  3. Massachusetts BioPharma Employment Continues Growth The industry weathered the 2009 downturn without an employment drop. 53% Growth since 2002 Source: U.S. Census, County Business Patterns and MassBio formula and analysis. *2011 figure is a preliminary estimate based on review of Massachusetts ES-202 data for 2010-2011.

  4. Biotechnology R&D Employment According to the Bureau of Labor Statistics’ Quarterly Census of Employment & Wage (QCEW) data, Massachusetts leads the nation in biotechnology research & development employment. Source: U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages (QCEW)

  5. Drug Development Pipeline, August 2011 Candidate medicines of Massachusetts-headquartered* companies, by clinical trials stage Massachusetts- headquartered companies* account for about 10% of the U.S. drug development pipeline and 5% of the global pipeline. Massachusetts-headquartered companies’ share of U.S. and Global drug development pipeline * There are many drugs in development in Massachusetts by companies with headquarters located outside of Massachusetts. These candidate drugs are not included in any Massachusetts pipeline estimates found in this report. Source: MedTrack Online, Life Sciences Analytics, Inc.

  6. Massachusetts Pipeline by Therapeutic Area Of the 897 drugs in the Massachusetts pipeline, 42.7% are cancer drugs. Drugs intended for the Central Nervous System (CNS) therapeutic area are next at 10.1% of the pipeline. Source: MedTrack Online, Life Sciences Analytics, Inc.

  7. Venture Capital Investment $1.071 billion invested in MA biotechs in 2011 is an historic high. $8.054 billion since 2002 Source Data: 2011 PricewaterhouseCoopers, National Venture Capital Association, MoneyTreeTM Report, Historical Trend Data, and MassBio analysis.

  8. MA Share of the Biotech VC Dollar MA biotechs received 22.6% of all VC biotech financing, just below the 2010 all-time high. Source: 2011 PricewaterhouseCoopers, National Venture Capital Association, MoneyTreeTM Report, Historical Trend Data, MassBio analysis.

  9. Leading BioPharma Employers (MA), 2011 1. Genzyme (Sanofi) 4,356 2. Pfizer 2,600 3. Biogen Idec 2,300 4. Novartis 2,100 5. Thermo Fisher Scientific 1,700 6. Shire 1,500 7. Vertex 1,310 8. EMD Millipore 1,237 9. Parexel International 1,200 10. Millenium: Takeda Oncology 1,050 11. Charles River Laboratories 970 12. AstraZeneca 900 13. EMDSerono 850 14. Hologic 800 15. Abbott Laboratories 750 16. Sunovion Pharmaceuticals (DSP) 690 17. Nova Biomedical 631 18. Cubist 626 19. Lantheus 550 19. Merck 330 20. Bristol-Myers Squibb 320 MA has benefited from the pharma industry’s embrace of biotechnology. Sources: MassBio, membership reports, survey, Boston Business Journal Book of Lists, 2011.

  10. Mass Biomanufacturing Of the top 11 biopharma manufacturing states, Massachusetts was one of just four which added manufacturing jobs in the last decade

  11. BioPharma Industry Impact in MA The estimated average salary in the biopharma industry is 77% higher than the estimated state average salary of $53,834. $4,615,364,513 in payroll (2010) $95,628 in average salary (2010) Source: U.S. Census, County Business Patterns, MassBio estimate using 2009 base data . Source: MassExport Center

  12. Why Massachusetts? 500+ 430+ Biopharma Biotech Companies Companies Top 5 Top 5 122 122 NIH funded NIH funded Colleges & Colleges & Research Research Universities Universities Hospitals Hospitals 1 1 st st 1 1 st st in in in in Venture Capital Venture Capital Education Education & SBIR funds & federal research Level of Level of per worker funds per worker Workforce (US) workforce Supportive Local, State Government Life Sciences Initiative Biotech Caucus

  13. The $1 Billion Massachusetts Life Sciences Initiative Over time, the industry demonstrated its value, commitment to the region, and promise for the future . . . and state government responded. $250 millionTax Incentive Program $500 million Capital Fund • 10 years • $1 billion • Investment $250m Investment Fund (subject to appropriation)

  14. Education and Workforce Development Initiatives U.S. Department of Labor to receive the Trade Adjustment Assistance Community College and Career Training Grant. $20M The Metro Boston Skilled Careers in Life Sciences (SCILS) initiative $5M – Life Sciences Center & Quincy College Mass Life Science Center Internship Program - since the program first launched in 2009, the Center has placed 794 interns at more than 250 companies throughout Massachusetts! MassBioEd Foundation’s industry endorsement of eight community college programs

  15. Northeast Biomanufacturers and Community Colleges with Biomanufacturing

More Related