Russ H. Read Biosciences Talent Required Northwest Piedmont Workforce Development Board
CEO Scientist Retraining Can Happen for Anyone!
Biotechnology Industry Biotechnology’s Potential Food & agriculture Industrial Medicine Environment Information Fuels “Vast and Imaginative” It’s a Bladder! Made in Forsyth County 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
BIOTECH EXPANSION GreenEnergyHealthFood Water purification BioenergyMolecular designNatural products Air purification BiodieselNanomedicineBiotics Recycled Bio mass Cellulosic ethanol RegenerativeAnti-oxidants HydrogenPersonalized medicine Agricultural bioprocessing Heal, Fuel, Feed the World! Market Factors
Bioscience Segments Sector % Agriculture 8 Pharma 24 Med. Device 33 Res. & Testing 35 Research & Testing Leading Segment
Global Biotechnology $ Market Billions Past, Present & Future ? Market Grew +8%
Size of US Biosciences Industry Year Diff % Companies 40,454 42,910 Employees1,243,0001,420, % Growth in Talent and Companies 1.42 M BT Jobs = 6.5 M Support Jobs
Geography Employment occurs in all 50 States BUT North Carolina ranks 3 rd in BT employment AND we have PLAN in place to GROW
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 2,900 medicines in development- examples CancerHeart & StrokeHIV/AIDS Alzheimer’s 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
Recruit, Transform & Groom Companies: Workers 55+ growing 4X faster than the labor force as a whole 76 million Americans will retire between The economy will recover, retirements will outpace job postings ! Community: Unemployment rate is at a 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 growth has outpaced ROA by factor of 3 X
Bioscience jobs on average out pay private sector jobs by 1.7 X Biosciences Jobs Wages
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 Distance learning hybrids- More Simulations & Gaming Short(120 hours) non-credit programs for technical operators
Demand-Driven Process Know Local Resources 21 initiatives strategic plan
Partnerships are Essential Collaboration
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 University & Medical School Winston Salem State 9 Regional Community Colleges $300 M/year in extramural research funding 350 Life Science Graduates per year
$87 million, 242,000-Square-Foot “Wake Forest BioTech Place” Will be Occupied in 2012 Published: June 10, 2010 GREENSBORO -- Ameritox Ltd. said yesterday that it has opened its plant in a former RF Micro Devices Inc. testing center off Gallimore Dairy Road. It is Ameritox's second laboratory in the Triad. A mayor’s vision: Identify an economic driver that could create 30,000 new jobs in Winston-Salem. Friday, February 26, 2010 Targacept plans to add 30 workers, ponders expansion.
Careers – Possibilities & Preparation Find Creative Ways to Partner Assure Job Skills & Job Seeking Skills are Ready Start Up Co. Private/PublicNot- for- Profit Internship Secondement Job share Hard SkillsSoft SkillsJob Prep Skills Technical competence Teamwork and communication Resume writing, interviewing
Tracking Survey-Flowchart (TRIAD BT graduates from )
Distribution is Related to Place of Work
Generally Satisfied
Mica Welsh, AAS 07 Jim Crawford, BS, AAS 06 Graduate’s Survey 2009 What is your job title? Sampling technician Mfg. lead tech Lab tech Water treatment tech Microbiology tech Research tech Quality Control tech Research Associate Core lab technician
Success Comes in Many Forms Jim Crawford BS, AAS ‘06 Margie Parker AAS ‘08 Mica Welsh AAS ‘07, BS ‘10
THANK YOU!