CENTRAL NEW YORK BIOTECHNOLOGY SYMPOSIUM
June 3, 2011
Edward Reinfurt
Director, Division of Science, Technology and Innovation
NEW YORK’S BIOTECHNOLOGY INDUSTRY
New York State accounts for 5% or more of the total national employment in three of
the four bioscience subsectors: drugs and pharmaceuticals; research, testing and
medical laboratories; and medical devices and equipment.
SubSector
Drugs and
Pharmaceuticals
Research, Testing
and Medical
Laboratories
Medical Devices and
Equipment
Establishments
Employment
Average Annual
Wage
173
21,067
$72,721
1,484
31,177
$69,532
915
21,827
$63,927
Information from New York State report from the “Battelle/Bio State Bioscience Initiatives 2010” study.
NEW YORK’S ACADEMIC R&D
Bioscience Academic R&D Expenditures in New York, FY 2008
Academic R&D Expenditures ($ Thousands)
Bio/Biomedical
Engineering
$34,054
Other Life
Sciences
$67,095
Agricultural
Sciences
$54,771
Biological
Sciences
Medical Sciences
$1,005,567
$1,516,276
Chart from New York State report from the “Battelle/Bio State Bioscience Initiatives 2010” study.
NEW YORK’S BIOTECHNOLOGY DEGREES
Chart from New York State report from the “Battelle/Bio State Bioscience Initiatives 2010” study.
NEW YORK’S BIOTECHNOLOGY INDUSTRY
Bioscience‐related Occupational Employment in New York,
FY2008
Occupational Employment
Biomedical & Biochemical Scientists &
Engineers
1,620
23,250
Medical & Clinical Laboratory Technicicans
12,720
Biological Scientists and Technicians
Agricultural, Food and Nutritional Scientists
and Technicians
1,320
Chart from New York State report from the “Battelle/Bio State Bioscience Initiatives 2010” study.
NEW YORK’S BIOTECHNOLOGY PATENTS
Bioscience‐related Patents by Classification Group in New York, 2004–2009
513
Other Bioscience-related
559
Other Medical Equiment
1,034
Surgical & Medical Instruments
1,585
Drugs & Pharmaceuticals
70
Biotechnology
1,165
Biochemistry
49
Agrcultural Science
0
500
1000
1500
2000
Chart from New York State report from the “Battelle/Bio State Bioscience Initiatives 2010” study.
NEW YORK’S BIOTECHNOLOGY
VENTURE CAPITAL
$214.3
20…
$716.3
20…
$157.3
20…
$140.9
20…
$443.2
20…
$172.6
20…
0
100
200
300
400
500
600
700
800
Chart from New York State report from the “Battelle/Bio State Bioscience Initiatives 2010” study.
NEW YORK’S VENTURE CAPITAL INVESTMENTS
Bioscience‐related Venture Capital Investments in New York by Segment, 2004–2009
Venture Capital Investments ($ Millions)
$197.7
Pharmaceutical
Medical Therapuetics
Medical Diagnstics
Med/Health Services
Med/Health Products
Med/Health Info Tech
Biotech - Research
Biotech - Other
Biotech - Industrial
Biotech - Human
Biotech - Equipment
Biotech - Animal
Biosensors
Biofuels
$731.7
$298.9
$155.6
$107.6
$125.7
2$4.2
$0
$0
$176.3
$23.5
$0
$0
$4.2
0
100
200
300
400
500
600
700
Chart from New York State report from the “Battelle/Bio State Bioscience Initiatives 2010” study.
800
NEW YORK’S BIOTECHNOLOGY INVESTMENTS
NYS: Advancing the Innovation Economy
IT’S TIME TO REALIZE OUR
ECONOMIC POTENTIAL
We need to:
Link research, discovery and innovation
Strengthen ties with industry in New York State
Create a culture that encourages investment and innovation
Focus on unique opportunities to strengthen capabilities
MOVING FORWARD
Biotech has the ability to help science as well as New York
State’s economy.
Biotech can unite all geographic regions of New York State.
CNY must leverage the strength of its biotechnology sector.
Governor Cuomo’s Regional Councils will be empowered to
assist their strategic industry sectors.
CONTACT
Edward Reinfurt
Director
Division of Science, Technology and Innovation
Empire State Development
(518) 292-5700
ereinfurt@empire.state.ny.us
For more information, visit:
www.esd.ny.gov
www.NYFirst.ny.gov
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