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Biosciences Talent Required

Biosciences Talent Required. Russ H. Read OPT- ED Oct. 2, 2009. Biotechnology’s Potential. “Vast and Imaginative”. Food & agriculture Industrial Medicine Environment Information Fuels. It’s a Bladder!. Made in NC. Our BT graduates helped!.

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Biosciences Talent Required

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  1. Biosciences Talent Required Russ H. Read OPT- ED Oct. 2, 2009

  2. Biotechnology’s Potential “Vast and Imaginative” • Food & agriculture • Industrial • Medicine • Environment • Information • Fuels It’s a Bladder! Made in NC Our BT graduates helped!

  3. 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

  4. Bioscience Segments Research & Testing leading segment

  5. Global Biotechnology $ Market BillionsPast, Present & Future Market grew +12%

  6. Size of US Biosciences Industry Growth in Talent and Companies

  7. Market Issues • Technology- Invent, Research & Develop • Capital- Invest, Divest & Reinvest • Talent- Recruit, Transform & Groom

  8. Technology Invent, Research & Develop • R&D investment of $65.2B in new medicines +3% over p.y. • 2,900 medicines in development- examples Pipeline of Hope & Opportunity

  9. 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 Well capitalized Companies are on the Hunt for Products and Talent Excerpts from Burrill

  10. New Deals Mergers & Acquisitions • Pfizer / Wyeth • Roche / Genentech • Merck / 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

  11. 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

  12. 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

  13. Workforce Segments North Carolina BT Employment Growth has Outpaced ROA by a Factor of 3 X

  14. Biosciences Jobs Wages Bioscience Jobs on Average Out pay Private Sector Jobs by 1.7 X

  15. 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

  16. Pharmaceutical Center Winston-Salem National Center For Biotechnology Workforce Winston-Salem Capstone Center Raleigh BioBusiness Center Asheville Bioprocessing Center Greenville BioEducation Center Gaston/Charlotte BioAgriculture Center Lumberton

  17. CASE - Piedmont Triad Region • 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 Population 1,517,790 Health Care- Largest employers

  18. Demand-Driven Process Know Local Resources 21 initiatives strategic plan www.triadbiotech.com

  19. Partnerships are Essential Collaboration

  20. Careers –Possibilities & Preparation Find Creative Ways to Partner Assure Job Skills & Job Seeking Skills are Ready

  21. www.ncbionetwork.org Mica Welsh, AAS 07 www.biotechworkforce.org www.ncbiotech.org Jim Crawford, BS, AAS 06

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