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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 Margaret Bryans – PI NBC2, Montgomery County Community College • Lisa Seidman – Madison Area Technical College • Tim Dubuque - NBC2 • • • • • 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. 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. CA CT MA MD MI MO NJ NY NC PA WA 2007 19,134 2,452 24,565 10,154 4,670 4,262 8,567 2,679 7,042 15,902 2,499 2010 21,616 1,582 26,807 9,469 2,759 3,874 9,224 3,553 6,275 12,776 3,730 Source: U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages (QCEW) Drug Development Pipeline, August 2011 Candidate medicines of Massachusetts-headquartered* companies, by clinical trials stage Massachusettsheadquartered companies* account for about 10% of the U.S. drug development pipeline and 5% of the global pipeline. Pre-Clinical 316 Phase I 216 Phase II 275 Phase III 76 Pending Approval 14 Massachusetts-headquartered companies’ share of U.S. and Global drug development pipeline % of US % of Global Total Trials 9.41% 4.91% PC 11.00% 5.88% I 11.99% 6.43% II 8.26% 4.56% III 8.46% 3.52% PA 3.89% 1.44% * 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. 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. Cancer Central Nervous System Infectious Autoimmune and Inflammation Metabolic/Endocrinology Ophthalmology and Optometry Respiratory and Pulmonary System Blood and Lymphatic System Cardiovascular & Circulatory Musculo-Skeletal-Disorders Digestive Dermotology Kidney & Genito-Urinary Genetic Diseases & Dysmorphic Syndromes Substance Abuse Women's Health Miscellaneous Total Trials Companies 383 59 91 35 84 30 61 33 47 23 32 13 32 20 30 16 25 36 24 11 19 15 18 15 13 10 11 6 10 5 9 6 8 7 Source: MedTrack Online, Life Sciences Analytics, Inc. 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. 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. Leading BioPharma Employers (MA), 2011 MA has benefited from the pharma industry’s embrace of biotechnology. 1. Genzyme (Sanofi) 2. Pfizer 3. Biogen Idec 4. Novartis 5. Thermo Fisher Scientific 6. Shire 7. Vertex 8. EMD Millipore 9. Parexel International 10. Millenium: Takeda Oncology 11. Charles River Laboratories 12. AstraZeneca 13. EMD Serono 14. Hologic 15. Abbott Laboratories 16. Sunovion Pharmaceuticals (DSP) 17. Nova Biomedical 18. Cubist 19. Lantheus 19. Merck 20. Bristol-Myers Squibb 4,356 2,600 2,300 2,100 1,700 1,500 1,310 1,237 1,200 1,050 970 900 850 800 750 690 631 626 550 330 320 Sources: MassBio, membership reports, survey, Boston Business Journal Book of Lists, 2011. Mass Biomanufacturing Of the top 11 biopharma manufacturing states, Massachusetts was one of just four which added manufacturing jobs in the last decade 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 . Massachusetts Exports, 2010 All Commodities Optic, Photo Etc, Medic Or Surgical Instrments Etc Industrial Machinery, Including Computers Electric Machinery Etc; Sound Equip; Tv Equip; Pts Pharmaceutical Products 26,256,370,201 5,324,511,940 4,601,715,086 4,518,662,880 2,136,306,456 20.20% 8.10% Source: MassExport Center Why Massachusetts? 500+ 430+ Biopharma Biotech Companies Top 5 Top 5 122 NIH funded NIH funded Research Research Hospitals Hospitals Colleges & Universities 1st in 1st in Venture Capital & federal SBIR funds research per worker funds per worker Education Level of workforce (US) Workforce Supportive Local, State Government Life Sciences Initiative Biotech Caucus 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. • 10 years • $1 billion Investment 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 Northeast Biomanufacturers and Community Colleges with Biomanufacturing