Russ H. ReadOPT- ED

Oct. 2, 2009

Biosciences Talent Required

Biotechnology Industry

Biotechnology’s Potential

Food & agricultureIndustrialMedicineEnvironmentInformationFuels

““Vast and Imaginative”Vast and Imaginative”

It’s a Bladder!It’s a Bladder!

Made in NC

Our BT graduates helped!

Building the Future

Traditional Segments- Agricultural, Industrial, Environmental Medical and Health

New Interface bio/nonbio segments- overlapping spheres of emerging technologies

Academic & Medical Research infrastructures- magnets for bioscience companies

Home grown industry needs- capital, educated manpower & an efficient, effective business environment

Bioscience Segments

Sector 2006 100 %

Agriculture 8

Pharma 24

Med. Device 33

Res. & Testing 35

Research & Testing leading segment

Global Biotechnology $ Market Billions Past, Present & Future

2006 2008 2010

73.5

89.7

100 ?

Market grew +12%

Size of US Biosciences Industry

Year 2004 2006 Diff %

Companies 40,454 42,910 +6

Employees 1,243,000 1,295,979 +4.3

Growth in Talent and Companies

Market Issues

Technology- Invent, Research & Develop

Capital- Invest, Divest & Reinvest

Talent- Recruit, Transform & Groom

Technology Invent, Research & Develop

R&D investment of $65.2B in new medicines +3% over p.y.

2,900 medicines in development- examples

Cancer Heart & Stroke HIV/AIDS Alzheimer’s

750 215 109 91

Pipeline of Hope & Opportunity

Capital

Invest, Divest & Reinvest

356 companies are public

44 companies have a market cap over a $1B

Capital is tight

Companies are conserving cash, hibernating “B” projects

Excerpts from Burrill

Well capitalized Companies are on the Hunt for Products and Talent

New Deals

Mergers & AcquisitionsPfizer / WyethRoche / GenentechMerck / Schering Plough

Out of Box Thinking SANOFI – AVENTIS Cell Culture Research Complex in

Paris

What is this?

Its What You get When You combine Porsche & VW

Recruit, Transform & Groom

Companies:

Biotech & pharma companies are shedding surplus head count

Workers 55+ growing 4X faster than the labor force as a whole

76 million Americans will retire between 2010-2015

The economy will recover, retirements will outpace job postings !

Community:

Unemployment rate is at a record high- education enrollment is high

People are working longer

Talent is career changing or rearranging or realigning(life-style)

North Carolina works Together to Recruit, Train and Groom

Talent Required

Scientists, clinicians, technicians, chemists, biologists, pharmacologists, toxicologists, research associates, regulatory experts, manufacturing & production teams, packaging, ancillary support teams etc.,

Mature People Who are Willing to Adapt to Highly Skilled Technical Work

Workforce Segments

North Carolina BT Employment Growth has Outpaced ROA by a Factor of 3 X

Biosciences Jobs Wages

Bioscience Jobs on Average Out pay Private Sector Jobs by 1.7 X

Systems Approach Summer enrichment programs for middle and high school students

Articulations from high school to 2 year colleges

Community College Regional Partnerships 1+1

Internships for all levels ( H.S., college/4 year and post. grad.)

US DOL approved Biotechnology Apprenticeships

Seamless articulations from 2 year schools to 4 year schools 2+2

Reverse articulations- the new post graduate

Distance learning hybrids- More Simulations & Gaming

Short(120 hours) non-credit programs for technical operators

CASE - Piedmont Triad Region

Population 1,517,790

Health Care- Largest employers

130 Total Bioscience/ Support Co.s •

4 Research Universities • NC A&T State, Greensboro• UNC Greensboro• Wake Forest U. & Medical School• Winston Salem State University

9 Regional Community Colleges

$300 M/year in extramural research funding 350 Life Science Graduates per year

Demand-Driven Process

opportunity

implementation

results

sustainability

needs

Know Local Resources

21 initiatives strategic plan21 initiatives strategic plan www.triadbiotech.comwww.triadbiotech.com

Partnerships are Essential

Education/College

Workforce Development

Industry

Collaboration

Careers –Possibilities & Preparation Find Creative Ways to Partner

Assure Job Skills & Job Seeking Skills are Ready

Start Up Co. Private/Public Not- for- Profit

Internship Secondement Job share

Hard Skills Soft Skills Job Prep Skills

Technical competence

Teamwork and communication

Resume writing, interviewing

Mica Welsh, AAS 07

Jim Crawford, BS, AAS 06

www.biotechworkforce.org

www.ncbionetwork.org

www.ncbiotech.org