MARYLAND. Bioscience Performance Metrics. Maryland Page 1

Similar documents
PENNSYLVANIA. Bioscience Performance Metrics. Pennsylvania Page 1

CONNECTICUT. Bioscience Performance Metrics. Connecticut Page 1

VERMONT. Bioscience Performance Metrics. Vermont Page 1

IOWA. Bioscience Performance Metrics. Iowa Page 1

RHODE ISLAND. Bioscience Performance Metrics. Rhode Island Page 1

The Economic Impact of the U.S. Biopharmaceutical Industry: 2015 National and State Estimates

BIOHEALTH INDUSTRY. Start Your Career in Wisconsin s BIOTECH AND BIOPHARMA MEDICAL DEVICE AND DIAGNOSTICS HEALTH RESEARCH INSTITUTES BIO- MANUFACTURE

ANALYSIS OF THE ECONOMIC IMPACT OF THE BIOSCIENCES AND HEALTHCARE SECTORS IN THE NEW ORLEANS REGION

BIOHEALTH INDUSTRY. Start Your Career in Wisconsin s BIOTECH AND BIOPHARMA MEDICAL DEVICE AND DIAGNOSTICS HEALTH RESEARCH INSTITUTES BIO- MANUFACTURE

California Biomedical Industry

The Economic Contributions of the Biotechnology Industry to the U.S. Economy

2017 Biocom California Economic Impact Report Databook

Brief History of NIH Funding: Fact Sheet

Kauffman Dissertation Executive Summary

PROGRESS AND DIRECTIONS FOR THE FUTURE

Georgia Tech Advisory Board. President G. Wayne Clough April 11, 2005

Overview and Status Update

The growth of the life

TEConomy/BIO. Investment, Innovation and Job Creation in a Growing U.S. Bioscience Industry

Estimating Long-term Economic Returns of NIH Funding on Output in the Biosciences

LIFE SCIENCES. Missouri Economic Profile. NIH $473 2 SBIR $5 2 STTR $1.2 2 Venture Cap. $ Missouri Life Science Funding

NER / Transportation Subcommittee on Governmental Operations. October 19, 2010 N O R T H C A R O L I N A B I O T E C H N O L O G Y C E N T E R

Technology Transfer, Academic and Industry Cooperations

Career in Biotechnology Industry. Novartis Biocamp Roadshow

T h e G e o r g i a l i f e s c i e n c e s I n d u s t r y A n a ly s i S Shaping Infinity

Oklahoma Department of Career and Technology Education

San Mateo County Life Sciences Industry Evolution

Western Technical College

The convergence of research and innovation

BIOTECH IN FRANCE. key info in. points

UCF, College of Medicine BS Biotechnology MS Biotechnology/MBA Professional Science Masters Program in Biotechnology/MBA

Quarterly Meeting. Albuquerque, NM June 17, New Mexico Consortium of Career Educators & Employers NMC 2 E 2

Western Technical College

Presidential Commission for the Study of Bioethical Issues 2 nd meeting September

The Economic Impact of SOUTH CAROLINA S LIFE SCIENCE INDUSTRY. A Statewide and Regional Analysis

Western Technical College

Biotech Career Pathways: Your Journey at UC Davis!

Prepared for: Pharmaceutical Research and Manufacturers of America (PhRMA) Prepared by: Battelle Technology Partnership Practice

CALIFORNIA S BIOTECHNOLOGY WORKFORCE TRAINING NEEDS FOR THE 21 st CENTURY

TECHNOLOGY Industry Cluster

Western Technical College

Supporting our Wealth Driving Sectors: Demand for Technical Talent in Central Indiana

Western Technical College

DBT-IIT Workshop. IIT Bombay Presentation. by Prof. Dulal Panda

Basic Information. I.1 If your company performs biotechnology research and development, uses a. The Categories of Biotechnology Applications.

Western Technical College

Western Technical College

State of Washington s Life Sciences Sector. Chris E. Rivera President, WBBA

Our job today Enlist you to help us cross the Translational Divide between the lab bench and the patient s bedside Demonstrate that this will

Snapshot. Snapshot. August MassBio.us/Industry-Snapshot

The Economic Impact of the Ophthalmic Goods Manufacturing Industry on the Southern California Economy

BIOTECHNOLOGY & LIFE SCIENCES

Regulatory Market Update: What are the major changes and differences worldwide?

Welcome to the Ministry of Foreign Affairs

Biotechnology Cluster Progress Report. of The Santa Fe Plan The Cluster Approach to Economic Gardening

PANEL: The Resurgence of Manufacturing in Biomedical and Bio-pharma Manufacturing: Overcoming Trials and Tribulations

Florida Logistics Industry. Labor Market Industry Profile 2018 EDITION

Western Technical College

YOUR CAREER IN Biotechnology

GUIDE HEA

Occupation Overview. Miami Dade College. Emsi Q Data Set. June Emsi Q Data Set

Western Technical College

Career Growth Areas in Physiology / Pharmacology

World Congress on Industrial Biotechnology May, 2014

Asterand Bioscience Strategic Alliances

ijobs Career Panel: Tech and Sales Support Tuesday October 3, :30-6pm 675 Hoes Lane West Room V10 Piscataway, NJ

LIFE SCIENCES IN 495/METROWEST: EXISTING IMPORTANCE & FUTURE POSSIBILITY

Management / Leadership

From Bench To Clinic : a personal journey Career Research Advancement Focused Training

The Changing Landscape of Innovation

Florida Cluster Strategy

The Biotechnology Program at Montgomery College

HIGH-TECH INDUSTRIES BIOTECH IN FRANCE KEY INFO IN POINTS

Post-Baccalaureate Program in Pharmaceutical Science. Accelerate your career

San Mateo County High-Tech Industry Evolution

By Mark Muro, Sifan Liu, Jacob Whiton, and Siddharth Kulkarni

EXECUTIVE SUMMARY. Overview of Autoimmune Disease Research

Washington State Agricultural Industry & Occupational Outlook

ITALIAN HI-TECH INDUSTRY: THE CASE OF LIFE SCIENCES

Occupation Overview. EMSI Q Data Set. Human Resource Management Program October Western Technical College

What do you think might hot areas of biotech right now?

ADDRESS BY H.R.H. PRINCE PHILIPPE OF BELGIUM BIO CONVENTION WASHINGTON

Drugs, medical progress,

TECHNOLOGY TRANSFER: THE NIH EXPERIENCE. NIH Mission

CONSTRUCTION. November 2004

DENMARK A COUNTRY OF QUALITY OVER QUANTITY. Innovation Attaché Lars Christensen, Innovation Centre Denmark

The Weizmann Institute of Science. Discovering Basic Science

Id. 3. Id. Docket # USTR Edward Gresser Chair of the Trade Policy Staff Committee Office of the United States Trade Representative

Western Technical College

Research & Planning: Your Source for Labor Market Information

Identifying Important Regional Industries: A Quantitative Approach

Australia: A Dynamic Environment for Conducting Clinical Trials

National Institutes of Health

World s 1 st Clinical Trial with Allogeneic ipsc-derived Therapeutic Product (Cynata Therapeutics) Physician Led Study Using ipscs for

UMBC-Shady Grove: Translational Life Science Technology (TLST)

Key Findings From A National Survey Of Voters

F O O D S A F E T Y A N D B I O T E C H N O L O G Y C A R E E R S in t h e S O U T H C E N T R A L V A L L E Y

Biotechnology Report. Latvia

Table of Contents. Abbreviations and Acronyms Preface Executive Summary... 15

Western Technical College

Transcription:

MARYLAND Maryland is home to a specialized and rapidly growing bioscience industry. The State s largest bioscience subsector, research, testing and medical laboratories is also its most specialized in employment concentration (location quotient of 2.23). The three major subsectors in Maryland research, testing, and medical labs, drugs and pharmaceuticals, and medical devices and equipment have each outpaced their corresponding national subsectors in overall job growth since 2001. Academic bioscience research and development expenditures reached $1.36 billion in and were primarily in medical sciences ($915 million). For its size, Maryland has high concentrations of research dollars the State is a national leader in per capita bioscience academic R&D and NIH funding. Maryland s biomedical research infrastructure hosted 717 active clinical trials in. In the last six years, the State had $1.7 billion in venture capital investments, primarily in the human biotechnology and pharmaceutical sectors. Biochemistry was the largest single patent category followed by drugs and pharmaceuticals. Bioscience Performance Metrics Summary of State Performance in Selected Bioscience related Metrics Metrics Maryland United States Rank* Bioscience Industry, Total Bioscience Industry Employment, 32,383 1,420,324 II Bioscience Industry Location Quotient, 1.26 n/a II Biosciences Industry Establishments, 1,271 47,593 I Academic R&D Expenditures, FY Bioscience R&D ($ thousands) $1,359,357 $31,818,810 6 Bioscience Share of Total R&D 49.5% 61.3% 41 Bioscience R&D Per Capita $240.23 $104.54 2 Change in Bioscience R&D, FY 08 18.0% 22.3% 29 NIH Funding, FY Total, Including ARRA Funds ($ thousands) $1,181,164 $25,837,590 6 Per Capita Funding $207.24 $84.16 3 Change in Baseline Funding, FY 09** 28.5% 4.7% 50 Change in Total Funding, FY 09 16.3% 14.6% 51 Clinical Trials, Initiated 717 5,299 8 Higher Education Degrees in Bioscience Fields, AY 3,036 161,811 17 Employment in Bioscience related Occupations, 20,210 717,510 11 Bioscience Venture Capital Investments, 09 ($ millions) $1,727.5 $60,099 9 Bioscience and Related Patents, 09 3,554 75,593 7 *State ranking figures for bioscience industry employment metrics are calculated as quintiles (I=Top Quintile; V=Bottom Quintile). All other metrics are ranked 1 52. **Baseline Funding does not include American Recovery and Reinvestment Act (ARRA) funds for. For source notes, see end of State Profile. Maryland Page 1

Bioscience Industry Base, INDUSTRY SUBSECTOR Maryland United States 2001 08 Change 2001 08 Change AGRICULTURAL FEEDSTOCK & CHEMICALS Establishments 22 4.0% 2,440 16.0% Employment 351 39.7% 114,793 1.9% Location Quotient 0.17 n/a Direct Effect Employment Multiplier 4.49 11.33 Total Employment Impact 1,575 1,284,650 Average Annual Wage $77,759 $72,279 DRUGS & PHARMACEUTICALS Establishments 69 1.5% 2,771 6.4% Employment 6,097 27.0% 311,882 2.3% Location Quotient 1.08 n/a Direct Effect Employment Multiplier 5.74 9.92 Total Employment Impact 35,017 2,873,278 Average Annual Wage $97,146 $93,378 MEDICAL DEVICES & EQUIPMENT Establishments 230 8.9% 15,227 0.4% Employment 3,314 10.5% 435,509 2.0% Location Quotient 0.42 n/a Direct Effect Employment Multiplier 3.10 4.87 Total Employment Impact 10,285 2,029,581 Average Annual Wage $62,493 $63,606 RESEARCH, TESTING, & MEDICAL LABORATORIES Establishments 950 74.9% 27,154 57.7% Employment 22,621 63.4% 558,140 46.1% Location Quotient 2.23 n/a Direct Effect Employment Multiplier 2.43 3.30 Total Employment Impact 54,982 1,853,127 Average Annual Wage $83,822 $80,785 TOTAL BIOSCIENCES INDUSTRY Establishments 1,271 43.6% 47,593 28.3% Employment 32,383 45.7% 1,420,324 15.8% Location Quotient 1.26 n/a Direct Effect Employment Multiplier 3.15 5.82 Total Employment Impact 101,860 8,040,636 Average Annual Wage $84,082 $77,595 TOTAL PRIVATE SECTOR Establishments 162,513 12.0% 8,860,956 13.8% Employment 2,066,762 4.4% 113,917,377 3.5% Average Annual Wage $47,570 $45,229 Note: U.S. employment metrics include Puerto Rico. Estimates of total employment impacts do not include Puerto Rico. Maryland Page 2

Bioscience Performance Metrics Bioscience Academic R&D Expenditures in Maryland, FY NIH Awards in Maryland, Medical $915,063 $1,411 Biological $303,696 $1,428 Agricultural Other Life $55,118 $58,606 $1,343 $1,392 $1,468 Bio/Biomedical Engineering $26,874 ARRA $1,181 $0 $200,000 $400,000 $600,000 $800,000 $1,000,000 Academic R&D Expenditures ($ Thousands) $0 $400 $800 $1,200 $1,600 NIH Funding ($ Millions) Recent Clinical Trial Activities Clinical Trials by Phase in Maryland, Clinical Trials by Major Disease Category in Maryland, 250 Phase I 124 200 202 180 165 Phase II 203 150 143 Phase III 164 100 50 56 76 84 Phase IV 44 0 50 100 150 200 250 0 Cancer Circulatory Heart Disease Infectious Disease Neurologic Nutritional & Metabolic Other Clinical Trials Disease Category Maryland Page 3

Bioscience Talent Base Bioscience related Occupational Employment in Maryland, Bioscience related Degrees in Maryland, AY Agricultural, Food & Nutrition Scientists & Technicians 760 Agricultural, Food, & Nutrition Science Biological Scientists & Technicians Medical & Clinical Laboratory Technicians Biomedical & Biochemical Scientists & Engineers 930 7,560 10,960 Biological Bio Medical & Engineering Medical & Veterinary Other Life Science Fields Associate's (AA/AS) Bachelor's (BS/BA) Master's (MS/MA) Doctorate (PhD) 0 2,000 4,000 6,000 8,000 10,000 12,000 Occupational Employment 0 500 1,000 1,500 2,000 Degrees Bioscience Venture Capital Bioscience related Venture Capital Investments in Maryland, Bioscience related Venture Capital Investments in Maryland by Segment, $338.0 Biofuels Biosensors $0.2 $49.9 $273.4 Biotech Animal $17.2 $449.3 Biotech Equipment Biotech Human $21.7 $542.6 $285.1 Biotech Industrial Biotech Other $0.1 $70.6 $263.3 Biotech Research $19.9 $118.5 Med/Health Info Tech Med/Health Products $46.6 $84.4 $0 $90 $180 $270 $360 $450 Venture Capital Investments ($ Millions) Med/Health Services Medical Diagnostics Medical Therapeutics $112.5 $101.7 $147.1 Pharmaceutical $513.0 $0 $100 $200 $300 $400 $500 $600 Venture Capital Investments ($ Millions) Maryland Page 4

Bioscience Patents Bioscience related Patents in Maryland, Bioscience related Patents by Classification Group in Maryland, 620 Agricultural Bioscience 22 540 Biochemistry 1,563 648 582 564 600 0 100 200 300 400 500 600 700 Patents Biotechnology Drugs & Pharmaceuticals Surgical & Medical Instruments Other Medical Equipment Other Bioscience Related 69 125 229 417 1,129 0 400 800 1,200 1,600 Patents State Bioscience Contact Technology Council of Maryland 9713 Key West Avenue, Suite 100 Rockville, MD 20850 P: (240) 243 4080 F: (240) 243 4060 www.techcouncilmd.com Source Notes: Employment, Establishment, and Wage Data: U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages (QCEW) industry data provided by the Minnesota IMPLAN Group, 2001 and. Employment Multipliers: U.S. Bureau of Economic Analysis RIMS II Employment Multipliers, (most currently available). Academic R&D Expenditures: National Science Foundation (NSF) Survey of Research and Development Expenditures at Universities and Colleges, and. NIH Funding: National Institutes of Health, Office of Extramural Research, Award Trends, Dollars Awarded by State, and. Clinical Trials: National Institutes of Health, Clinicaltrials.gov, trials that were initiated in. Higher Education Degrees: National Center for Educational Statistics, Integrated Postsecondary Education Data System (IPEDS),. Occupational Employment: U.S. Bureau of Labor Statistics, Occupational Employment Statistics (OES) survey data,. Venture Capital: Thomson Reuters VentureXpert Database,, as of January 15, 2010. Patents: U.S. Patent & Trademark Office data as available from the Thomson Reuters Delphion Patent Analysis Database,, as of January 15, 2010. For a more detailed discussion of the data and methodology used, please see the Appendix to the full national report. 2010 Maryland Page 5