feeding, fueling and healing the world
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June 2015
Feeding, fueling and healing the world
ncbiotech.org
11 million pounds of food are eaten every minute.
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11 million pounds of food are eaten every minute.
275,000 babies are born every day.
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11 million pounds of food are eaten every minute.
275,000 babies are born every day.
14.1 million people are diagnosed with cancer every year.
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Population growth, food demand, and the spread of disease challengethe world’s resources.
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How do we continue to feed, fuel and heal the global population?
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Biotechnology
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Biotechnology uses living systems and organisms to solve problems and create transformational products.
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Vaccines that prevent disease. Spider silk vests
that protect battlefield soldiers. Crops that thrive in drought.
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jobs wealth
development
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The world of biotechnology is complex and counterintuitive.
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Long timeline
Infrastructure
Resources
Funding
Workforce
Proof of Concept Research
EducationProtection
ResearchGrants
High Cost
Company Partnerships
Connections
$2.6B
Hands-on Training
GMP
Business Plan Advice
IP Support
Angel Funding
Jobs
Investors
Venture Investment
Risk Framework
Regulatory Framework
10-15 years
Risk Profile11ncbiotech.org
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Recruitment
Infrastructure
Workforce
Investors
Education
Licensing
Research
Networking
Grants
Loans
Testing
Training
Policy
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Ways We Serve North Carolina
•We work to eliminate funding gaps.
We know the critical points where our funding will have the greatest impact. And more often than not, we provide funding when no one else will.
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Success Story: Entegrion
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Entegrion’s wound treatment technology can save lives on the battlefield. They needed funding to prove their idea.
CHALLENGE
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Success Story: Entegrion
The Biotech Center awarded Entegrion a $150,000 Small Business Research Loan in 2003 and $284,000 in three Collaborative Funding Grants over a four year period.
NCBIOTECH’SROLE
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Success Story: Entegrion
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$88M in contracts from various units in the U.S. Department of Defense and more lives saved.
IMPACT
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Ente
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•We connect industry, academia, and government resources to get things done.
We grew with the life science sector in North Carolina. When a new idea emerges, we help facilitate the partnerships needed for it to succeed. Our many events keep the industry energized.
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Success Story: Mid-AtlanticFeed Grain Coalition
North Carolina’s $68B animal meat industry imported about two-thirds of its feed. The costs of importing were increasing expenses, threatening business.
CHALLENGE
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Success Story: Mid-AtlanticFeed Grain Coalition
The Ag Biotech Initiative connected a coalition of university researchers. Scientists identified sorghum, a cereal grain that resembles corn, as a feed replacement option.
NCBIOTECH’SROLE
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Success Story: Mid-AtlanticFeed Grain Coalition
Sorghum production increased 5X in North Carolina, saving millions for the animal meat industry.
IMPACT
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•Together, ideas, funding, and connections create jobs
We train the best workforce, students, and educators to build strong companies and power our thriving ecosystem.
We understand a technology’s potential value and communicate it to the stakeholders who matter. This means our leading companies stay here, at home, in our state.
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Duke University spinout Argos Therapeuticshas a product that can treat many cancers. Argos needed a place to manufacture the clinical trial doses. But it was unable to find financing for the facility.
Success Story: Argos
CHALLENGE
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Success Story: Argos
The Bioscience Industrial Development team helped Argos communicate the need to state and local officials, helping Argos secure financing.
NCBIOTECH’S ROLE
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Success Story: Argos
Argos’ new $57M facility is under construction in Durham and will provide 230 future jobs.
IMPACT
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Ways We Serve North Carolina
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RecruitmentBusiness GrowthWorkforcePartnerships
NetworkingLicensingCoachingEvents
LoansGrantsInfrastructureInvestors
“
This [funding] was crucial for our development and
it is why we were able to equip and staff a commercial diagnostic laboratory in RTP.
John Bilello, CEO | Ridge Diagnostics
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In Our Partners’ Words
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Statewide Impact
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North
C
aro
lina’s
Bio
tech
nolo
gy In
du
stry
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The S
tate
’s K
now
ledg
e
Infra
structu
re
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The S
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’s W
orkfo
rce
Infra
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re
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North
C
aro
lina is
one o
f the
most
com
petitiv
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an
d fa
stest
gro
win
g
bio
tech
nolo
gy clu
sters.
Life science jobs grew at four times the national rate from 2000 to 2012
30.9
7.4
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N.C. life science
U.S. life science
N.C. private sector
*Numbers are in percentages
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Ways We Serve North Carolina
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Let’s feed, fuel and healthe global population
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We are committed to North Carolina leading the way.
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