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Biotechnology Development in North Carolina

Biotechnology Development in North Carolina. Jasper D. Memory Prof. of Physics, Emer., NC State U Retired VP for Research, UNC System jmemory@nc.rr.com. Research Triangle Park (NC) (www.rtp.org). Duke, NCSU & UNCCH in 20 min. drive 140 organizations 44,000 employees

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Biotechnology Development in North Carolina

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  1. Biotechnology Development in North Carolina Jasper D. Memory Prof. of Physics, Emer., NC State U Retired VP for Research, UNC System jmemory@nc.rr.com

  2. Research Triangle Park (NC)(www.rtp.org) • Duke, NCSU & UNCCH in 20 min. drive • 140 organizations • 44,000 employees • 99.4 % of employees in R & D orgs. • Capital investment exceeds $2 billion • Total payroll about $ 2.7 billion • Average salary = $ 54,145

  3. Triangle Universities Center for Advanced Studies, Inc. (in RTP) • Biotechnology Center of North Carolina • Burroughs Wellcome Fund • MCNC • National Humanities Center • National Institute of Statistical Services • Sigma Xi (not yet under construction)

  4. NC’s Biotechnology in 1985 • 8 to 10 life science companies • 2 government laboratories • Several research universities • 3,000 to 4,000 jobs

  5. NC Biotechnology Center(www.ncbiotech.org) • Founded in 1984 by NC General Assembly, $6.5 million annual funding • Mission: long-term economic development to NC through support of biotechnology research, development and commercialization • Non-profit • No in-house research

  6. NC’s Biotechnology in 2002 • 142 life science companies • 70 contract research organizations (CRO) • 135+ support/service companies • 30,000 jobs • National rankings: 1st in CRO’s, 2nd in Ag/Chem R&D, 3rd in Biotech companies, 4th in Biopharmaceuticals • 44 products, $2.5 billion/year • Many companies originated from univ. research

  7. Faculty Recruitments Supported • Duke Univ.-- 5 • East Carolina Univ.-- 1 • North Carolina State Univ.-- 16 • Univ. of North Carolina at Chapel Hill-- 17 • Univ. of North Carolina at Charlotte-- 1

  8. Lessons from Establishing Center • No In-house research • Go with strength (“Don’t go to your left.”) • Get the best CEO you can afford

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