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 btacon@bioohio.com www.bioohio.com