TEConomy 2018 Evidence and Opportunity: Impact of Life Sciences in - - PowerPoint PPT Presentation

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TEConomy 2018 Evidence and Opportunity: Impact of Life Sciences in - - PowerPoint PPT Presentation

TEConomy 2018 Evidence and Opportunity: Impact of Life Sciences in North Carolina Bill Bullock March 28, 2019 ncbiotech.org ncbiotech.org TEConomy NC Life Science Report 2018 Evaluation/Comparison of North Carolinas Life Science


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TEConomy 2018

Evidence and Opportunity: Impact of Life Sciences in North Carolina

ncbiotech.org Bill Bullock March 28, 2019

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TEConomy NC Life Science Report 2018

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  • Evaluation/Comparison of North Carolina’s

Life Science Industry (BLS data)

  • Economic Impact of North Carolina’s Life

Science Industry (NCBiotech data)

  • Role/Impact of the North Carolina

Biotechnology Center

  • North Carolina’s Biomanufacturing Sector
  • Evidence and Opportunity
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Innovating Tomorrow’s Economic Landscape TEConomy Partners is a global leader in research, analysis and strategy for innovation- driven economic development. Today we’re helping nations, states, regions, universities, institutions and industries blueprint their future and translate knowledge into prosperity.

TEConomy

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Evaluation/Comparison of North Carolina’s Life Science Industry

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Growth of NC Life Science Industry

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Classifying & Measuring

  • Agricultural Feedstock &

Industrial Biosciences

  • Bioscience-Related

Distribution

  • Drugs & Pharmaceuticals
  • Medical Devices &

Equipment

  • Research, Testing &

Medical Labs

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Life Sciences in North Carolina vs US

  • Agricultural Feedstock &

Industrial Biosciences

  • Bioscience-Related

Distribution

  • Drugs & Pharmaceuticals
  • Medical Devices &

Equipment

  • Research, Testing &

Medical Labs

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North Life Science Industry

  • Agricultural Feedstock &

Industrial Biosciences

  • Bioscience-Related

Distribution

  • Drugs & Pharmaceuticals
  • Medical Devices &

Equipment

  • Research, Testing &

Medical Labs

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US Life Science Clusters

  • Agricultural Feedstock &

Industrial Biosciences

  • Bioscience-Related

Distribution

  • Drugs & Pharmaceuticals
  • Medical Devices &

Equipment

  • Research, Testing &

Medical Labs

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Life Science Wages

  • Agricultural Feedstock &

Industrial Biosciences

  • Bioscience-Related

Distribution

  • Drugs & Pharmaceuticals
  • Medical Devices &

Equipment

  • Research, Testing &

Medical Labs

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Economic Impact of North Carolina’s Life Science Industry

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North Carolina Life Science Industry (NCBiotech)

  • Agricultural Feedstock &

Industrial Biosciences

  • Bioscience-Related

Distribution

  • Drugs & Pharmaceuticals
  • Medical Devices &

Equipment

  • Research, Testing &

Medical Labs

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Economic Contribution of NC’s Life Science Industry

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A Decade of Growth

  • Agricultural Feedstock &

Industrial Biosciences

  • Bioscience-Related

Distribution

  • Drugs & Pharmaceuticals
  • Medical Devices &

Equipment

  • Research, Testing &

Medical Labs

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Economic Contribution by Segment

Output ($M) Labor ($M) Employment Taxes ($M) Total Life Science 83,311 16,680 240,281 2,181 Ag Feedstock 9% 6% 6% 7% Drugs & Pharma 68% 58% 55% 65% Med Device 4% 5% 5% 4% Res, Testing, Lab 16% 29% 31% 20% Distribution, other 3% 2% 3% 4%

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Life Science is Statewide in North Carolina

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Complied by the North Carolina Biotechnology Center, April 2018

NCBiotech Commuting Study 2018

Representing Life Science Employment in North Carolina, by employees' counties of residence

West

 Adhezion Biomedical(Hudson)  Avadim Technologies (Asheville)  Baxter(Marion)  Exela Pharma Sciences(Lenoir)  Gaia Herbs(Brevard)  Genova Diagnostics(Asheville)  PharmAgra Labs (Brevard)  Stallergenes Greer(Lenoir)

GreaterCharlotte

 Carolinas HealthCare System Division of Therapeutic Research & Development(Charlotte)  CEM Corp.(Matthews)  Chemring Detection Systems (Charlotte)  David H. Murdock Research Institute (Kannapolis)  Glenmark Pharmaceuticals (Monroe)  LANXESS Solutions(Gastonia)  Meridian Laboratory Corp. (Charlotte)  Microban International(Huntersville)

PiedmontTriad

 AccuMED Technologies(Mocksville)  Carolina Liquid Chemistries (Greensboro)  Cook Medical (Winston-Salem)  EN-CAS Analytical Labs (Winston-Salem)  Herbalife(Winston-Salem)  High Point Clinical Trials Center (High Point)  KeraNetics(Winston-Salem)  LabCorp(Burlington)  Piedmont Animal Health (Greensboro)  Procter & Gamble (BrownsSummit)  SightLife Surgical (Winston-Salem)  Syngenta Crop Protection (Greensboro)  Thermo Fisher Scientific (High Point)  vTv Therapeutics (HighPoint)

Triangle

 Biogen(RTP)  Grifols(Clayton)  GSK(RTP)  GSK(Zebulon)  Mayne Pharma (Raleigh)  Medicago(Durham)  Novo Nordisk(Clayton)  Novozymes(Franklinton)  Novozymes BioAg(RTP)  Pfizer(Sanford)  Purdue Pharma Manufacturing(Durham)  Syngenta Crop Protection(RTP)

East

 Avoca (MerryHill)  CMP Pharma (Farmville)  Fresenius Kabi(Wilson)  Mayne Pharma (Greenville)  Microbac Laboratories(Wilson)  Pfizer (RockyMount)  Purdue Pharmaceuticals(Wilson)  RTI Surgical(Greenville)  Sandoz(Wilson)  Thermo Fisher Scientific(Greenville)

Southeast

 Alcami(Wilmington)  Amyris(Leland)  Cygnus Technologies(Southport)  Huvepharma(Maxton)  Novella Clinical (Wilmington)  Quality Chemical Laboratories (Wilmin

There are more than 63,000 employees at 700+ life science companies across North Carolina.

This study show the home counties of employees at 58 sites:

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Role/Impact of the North Carolina Biotechnology Center

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North Carolina Biotechnology Center

  • Agricultural Feedstock &

Industrial Biosciences

  • Bioscience-Related

Distribution

  • Drugs & Pharmaceuticals
  • Medical Devices &

Equipment

  • Research, Testing &

Medical Labs

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North Carolina Biotechnology Center

  • Agricultural Feedstock &

Industrial Biosciences

  • Bioscience-Related

Distribution

  • Drugs & Pharmaceuticals
  • Medical Devices &

Equipment

  • Research, Testing &

Medical Labs

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Economic Contribution of the North Carolina Biotechnology Center

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  • Active loan portfolio (107 companies):

 $3.8B annual economic output  $732M annual labor income  10,390 employment (2,544 direct)  $98M annual state/local taxes

  • Life science recruitment/expansion (25 companies FY 2017-18):

 $2.1B annual economic output  $580M annual labor income  8,732 employment (3,080 anticipated direct)  $59M annual state/local taxes

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New Programs

  • Agricultural Feedstock &

Industrial Biosciences

  • Bioscience-Related

Distribution

  • Drugs & Pharmaceuticals
  • Medical Devices &

Equipment

  • Research, Testing &

Medical Labs

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North Carolina’s Biomanufacturing Industry

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What is Biomanufacturing?

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Biomanufacturing Growth in North Carolina

  • Agricultural Feedstock &

Industrial Biosciences

  • Bioscience-Related

Distribution

  • Drugs & Pharmaceuticals
  • Medical Devices &

Equipment

  • Research, Testing &

Medical Labs

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Economic Contribution of Biomanufacturing in NC

  • Agricultural Feedstock &

Industrial Biosciences

  • Bioscience-Related

Distribution

  • Drugs & Pharmaceuticals
  • Medical Devices &

Equipment

  • Research, Testing &

Medical Labs

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Biomanufacturing Employment Growth in NC

  • Agricultural Feedstock &

Industrial Biosciences

  • Bioscience-Related

Distribution

  • Drugs & Pharmaceuticals
  • Medical Devices &

Equipment

  • Research, Testing &

Medical Labs

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2018 Evidence and Opportunity

Evidence “North Carolina has established one of the nation’s leading life science clusters, characterized by steady, long-term growth and establishment

  • f a diverse blend of industry, technology and market strengths and

niches… The industry’s standing and top-tier position today has been hard-earned, however, in large part due to the early and consistent dedication of the North Carolina Biotechnology Center, with funding from the State of North Carolina, through an emphasis on industry and ecosystem development programs and initiatives.” Opportunity Talent, Infrastructure, Investment

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