Bioscience Jobs and Innovation Thrive in the Research Triangle Region
As one of the editors/authors of the “Battelle/BIO State Bioscience Jobs, Investments and Innovations 2014,” report prepared by Battelle and my organization PMP Public Affairs Consulting, we can report that the Research Triangle Region’s biosciences industry stands out in bioscience industry development, and continues to enjoy national recognition as a leading center of employment and sector diversity.
The report was released at the Biotechnology Industry Organization 2014 BIO International Convention held in San Diego on June 24, 2014.
Specific findings from our national analysis are that:
- Durham-Chapel Hill and Raleigh-Cary are among twenty nine metro regions in the country that have a specialized employment concentration in at least three bioscience subsectors that include drugs, agricultural products, medical devices, testing and distribution;
- Durham-Chapel Hill had the highest concentration of drugs and pharmaceuticals jobs in the nation for mid-sized MSAs with 6,116 jobs;
- Durham-Chapel Hill had the second largest concentration of research and testing jobs in the nation for mid-sized MSAs with 6,622 employees;
- Raleigh-Cary had high marks as fifth in the nation for large MSAs with 3,168 employees and ranked seven for bioscience-related distribution with 2,873 jobs.
These statistics reaffirm the size and sector diversity of bioscience companies and job opportunities in the Research Triangle Region and the rest of North Carolina, and prospects for future growth with support from partners in government, academic research, and industry in the state.
However as this industry continually evolves in both research and locations for manufacturing, these findings suggest that there is plenty of room for improvement among a very crowded and growing national and international competition to capture the jobs and economic impact that this industry provides.
To see the full 2014 report here is the link: http://bio.org/Battelle2014.
Author: Pete Pellerito, Interim Vice President for State Government Relations and Alliance Development, Biotechnology Industry Organization and life sciences consultant of Research Triangle Regional Partnership