Transcript Board of Trustees

The Challenge of Ohio
Bioscience Industry Growth &
Workforce Needs
Bill Tacon, Ph.D.
Senior Director, Workforce & Education
Butler Tech, January 9, 2012
Bioscience is an Important Sector of
Ohio’s Economy – and it’s GROWING
© 2012 BioOhio
BioOhio
• Founded in 1987 as the Edison
BioTechnology Center, BioOhio is a nonprofit organization designed to build and
accelerate bioscience industry, research,
and education in Ohio
• Rebranded in 2007 as BioOhio
• Headquartered in Columbus, with affiliates
around the state
© 2012 BioOhio
BioOhio’s Focus
Industry growth, Resource optimization, Community building
© 2012 BioOhio
Company &
Capital
Formation
Company
Attraction &
Expansion
Association
Function
Workforce
Development
Bioscience Subsectors
Agricultural
Feedstock &
Chemicals
Drugs &
Pharmaceuticals
Make Products
© 2012 BioOhio
Medical Devices
& Equipment
Hospitals
Research, Testing, &
Medical Laboratories
Provide Services
Growing Interest in Biosciences
The potential of bioscience technologies to improve
the quality of life and generate economic
development has gained greater recognition in the
United States. Especially so in Ohio!
Many states have put in place initiatives to improve
the economic and regulatory climate for bioscience
companies.
© 2012 BioOhio
Leading Market Drivers
Over Next 5 Years
• Aging population both in the US and globally in
developed countries
• Health care reform in the US
• Urbanization and increasing health care access and
demand in emerging countries (rise of the middle class
and ability to pay)
• Generics
• Industry restructuring in the US, overseas expansions
• Consumer demand, medical products go OTC
© 2012 BioOhio
Leading Technology Drivers
Over Next 5 Years
•
•
•
•
Biologics growing in importance
– According to EvaluatePharma, by 2014 the top six best-selling drugs and
seven of the top ten will be biotech products
Rise of Personalized Medicine
– Building upon advances in genomics and informatics
– Now frontier is proteomics and metabolics  biomarkers (diagnostics)
Rise of Regenerative Medicine
– Building upon advances in stem cell biology
– Key enabler for tissue engineering, cell therapies and orthobiologics
Convergence with IT and Nanotech
– Nanotech key for molecular imaging , drug delivery, point-of-care testing
and sensors
– IT essential for data mining for genomics-related advances, remote
monitoring via wireless digital devices and electronic health records
© 2012 BioOhio
Ohio Strength/Growth Areas
•
•
•
•
•
•
Preclinical Research – 5 global companies
Clinical Research – leveraging hospital network
Medical device R&D
Manufacturing
Imaging
Comprehensive R&D with emphasis on
Cardiovascular, cancer, personalized medicine
• Bio-Ag
• Integration of IT with all
© 2012 BioOhio
By-The-Numbers, then & now
Year
1991
2001
2009/11
Number of Ohio bioscience 170
companies
352
1,345 (2011)
University R&D
expenditures
$285
million
$481
million
$1.1 billion (2010)
New Company starts
≈12
12
80 per year (2010)
Private capital raised for
new starts
Unknown
$14
million
$179 million (2010)
$1,322 million
IPO/Acquisitions 2010
Bioscience Capital sources 4
(in State)
8
86 (2011)
BioOhio membership
86
403 (2011)
© 2012 BioOhio
52
© 2012 BioOhio
Bioscience Employment in Ohio
Bioscience in
Ohio’s Six Regions
The bioscience industry is not confined to one
or two areas of the state. It has become a vital
economic engine in each region, with
bioscience-related companies found in 72 of
88 Ohio counties.
© 2012 BioOhio
In 2009, the total employment in Ohio’s bioscience sector was 62,533, a small decrease of
388 jobs since 2008. From 2000-2009, bioscience employment increased by 10,222 jobs
(19.5%). The overall growth in the bioscience sector is especially promising given that overall
Ohio employment decreased by 465,000 since 2000.
© 2012 BioOhio
Economic Impact of Bioscience in Ohio
Employment Impact
Output Impact
Value-added Impact
Labor Income Impact
Tax Revenues
195,835 jobs
$61.642 billion
$15.208 billion
$7.691 billion
$3.242 billion
The economic impact of the bioscience sector and its five
subsectors is measured for Ohio and each of the six
geographical regions in terms of employment, output,
value added, labor income, and taxes. Impact values
above include direct, indirect and induced impacts.
© 2012 BioOhio
2010 GR p.7
Bioscience Wages are Tops!
U.S. Average Annual Wages
Drugs & Pharmaceuticals
$79,303
Finance & Insurance
$69,889
Total Biosciences
Research, Testing, & Medical Labs
$65,775
$65,414
Professional, Scientific, & Technical Services
Information
$62,411
$60,530
Medical Devices & Equipment
$56,449
Manufacturing
Construction
Transportation & Warehousing
Real Estate
Healthcare Services
Retail
$47,705
$40,297
$38,758
$37,167
$36,606
$24,337
© 2012 BioOhio
Employment Needs:
Educational Credentials
You don’t need an advanced degree to work in the Biosciences!
•
•
•
•
High School Diploma
Two Year Degree
Four Year Degree
Advanced Degree
…………… All are fine!
© 2012 BioOhio
Education & Industry; it’s all about
PARTNERSHIP
© 2012 BioOhio
Partnerships at Work!
•
•
•
•
Greater Cincinnati Bioscience Consortium
Bioscience Consortium of NE Ohio
Bioscience Consortium of NW Ohio
Eastland Fairfield Career & Technical
Schools
• Ohio Bioworkforce Training Partnership
© 2012 BioOhio
Bioscience Consortium of NE Ohio
• Leadership: Mike McDaniel, Dave Baldwin
and team
• Region: NE Ohio, Columbus to Cleveland
• Education/Economic Development
partnership
• PLTW-based biotech, Adult bioscience
certificate, Bioscience “College Now”
• Key industry: WIL Research and others
© 2012 BioOhio
Bioscience Consortium of NW Ohio
• Leadership: Debbie Heban and team
• Region: NW Ohio, Greater Toledo and
Bowling Green
• Education/Economic Development
partnership
• PLTW-biotech, Bioscience certificate
• Key industry: NAMSA, LexaMed, The
Andersons and others
© 2012 BioOhio
Eastland Fairfield Career &
Technical Schools
•
•
•
•
•
Leadership: Kelly Lewis & Tresa Durkin
Region: Central Ohio
Education focus
Tech Prep-biotech
Key industry: Battelle, Scotts, Cardinal
Health, Abbott Nutrition, BI-Roxane, Regional
hospitals and more
© 2012 BioOhio
Manufacturing – A Talent shortage
problem
• Bio-manufacturing showing continued growth
• Companies moving to and expanding in Ohio
• All have problems in recruiting a skilled
workforce at all levels
• Our emphasis has been to build a strong
community college bioscience infrastructure
to provide entry level development &
manufacturing workforce
– Other states have done similar with great success
© 2012 BioOhio
Ohio Bioworkforce
Training Partnership
• 3 year program, funded through US-DOL
– Awarded $5 million
– Started March 1, 2010
• Objective is to train 700 unemployed, displaced and
underemployed workers, and find them jobs within
Ohio’s bioscience industry. Special emphasis on
displaced autoworkers
• Applicants can select from a range of training programs
depending on interests and aptitude
• More than half of the award, $2.8 million kept for tuition
reimbursement / scholarships
© 2012 BioOhio
Program Partners
•
•
•
•
•
•
•
BioOhio
Six Community College Partners
Council for Adult & Experiential Learning (CAEL)
AFL-CIO / UAW
Ohio’s One Stop Centers
Ohio Department of Development
Regional Industry Advisory Boards
– Help develop and approve curriculum
– In several cases they are also instructors
© 2012 BioOhio
Ohio Bioworkforce Training Partnership
Starting Employer Partners
© 2012 BioOhio
Ohio Bioworkforce Training Partnership
Partner Programs
• 2 year Degree
Programs in:
– Biotechnology
(R&D/Manufacturing
Tech)
– Biomedical Equipment
Technician
• Biomanufacturing
Certificate(s)
• Pharmaceutical
Manufacturing
Certificate
• Medical Device
Manufacturing
Certificate
• Bioscience Lab Skills
Certificate
© 2012 BioOhio
Accessible Career Information is Key!
www.bioohioworkforce.org
Information
on careers
and jobs in
the
“Biomedical”
space
© 2012 BioOhio
Biomedical Industry Focus
© 2012 BioOhio
Career/Job/Salary Information
© 2012 BioOhio
Bill Tacon, Ph.D..
Senior Director, BioOhio
1275 Kinnear Road, Columbus, OH
43212
614.675.3686 x1265
[email protected]
www.bioohio.com