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The Texas Life Science Industry

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Title: The Texas Life Science Industry


1
The Texas Life Science Industry
  • Thomas R. Kowalski
  • President
  • Texas Healthcare and Bioscience Institute

2
What is THBI?
  • The Texas Healthcare and Bioscience Institute
    (THBI) is a non-profit, public policy research
    organization, comprised of biotechnology, medical
    device, and pharmaceutical companies, economic
    development entities, academic, and private
    research institutions, as well as companies that
    provide goods and services to core organizations.

3
THBI Mission Statement
  • The mission of the Texas Healthcare and
    Bioscience Institute is to research, develop, and
    advocate policies and actions that promote
    biomedical science, biotechnology, agriculture,
    and medical device innovation in Texas.

4
Defining the Biosciences
  • The biosciences are a diverse group of industries
    and activities with a common link-they apply
    knowledge of the way in which plants, animals,
    and humans function. The sector spans different
    markets and includes manufacturing, services, and
    research activities.
  • By definition, the biosciences are a unique
    industry cluster and are constantly growing and
    changing to incorporate the latest research and
    scientific discoveries.

Source BIO
5
The Life Science Innovation Lifecycle
6
Key Best Practice Factors in Building a
Bioscience-driven Economy
  • Ingredients for building a critical mass in the
    biosciences in states and regions include
  • Engaged universities with active leadership
  • Building entrepreneurial cultures with
    intensive
  • networking across sectors and with industry
  • Available capital covering all stages of
    business cycle
  • Discretionary federal or other RD funding
  • Workforce and talent pool
  • Access to specialized facilities and equipment
  • Supportive business, tax and regulatory
    policies
  • Patience and a long-term perspective

7
Quick Facts Texas Life Sciences
8
State of Texas Life Sciences Breakdown, 2008
Employment Share In Texas (Share in the U.S.)
9
NIH Research Funding
Source National Institutes of Health
10
Texas Life Science Legislative Initiatives
  • Texas Emerging Technology Fund (79th)
  • 175MM
  • Texas Enterprise Fund (78th)
  • 200MM
  • CAPCO (79th)
  • 200MM
  • Pharmaceutical Biotech Cleanroom Exemption (80th)
  • Texas Cancer Prevention and Research Institute of
    Texas (80th)
  • 3B - 300MM per year for 10 years

11
Economic Impact of Life Sciences on Texas
  • The Life Sciences industry generates a
    significant economic impact on the state of
    Texas, as companies and institutions purchase
    equipment and inputs and well-paid employees
    spend money in their home communities. The
    industrys total economic impact on the State of
    Texas is estimated at 75 billion in economic
    activity, 236,000 jobs, and 31 billion in
    payroll. State and local governments receive an
    estimated 2 billion each year due to these
    impacts.

12
Texas Healthcare and Bioscience Industry
815 Brazos Street Suite 310 Austin, Texas
78701 512-708-8424 512-708-1607
www.thbi.com
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