Title: The Texas Life Science Industry
1The Texas Life Science Industry
- Thomas R. Kowalski
- President
- Texas Healthcare and Bioscience Institute
2What 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.
3THBI 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.
4Defining 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
5The Life Science Innovation Lifecycle
6Key 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
7Quick Facts Texas Life Sciences
8State of Texas Life Sciences Breakdown, 2008
Employment Share In Texas (Share in the U.S.)
9NIH Research Funding
Source National Institutes of Health
10Texas 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
11Economic 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.
12Texas Healthcare and Bioscience Industry
815 Brazos Street Suite 310 Austin, Texas
78701 512-708-8424 512-708-1607
www.thbi.com