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