GEORGIA'S BIOSCIENCE INDUSTRY
Georgia’s Bioscience Community
Georgia’s Bioscience Networks
Georgia is home to more than 300 bioscience companies because of our broad reserves of talent, our global access and our spirit of collaboration.
Recent growth in bioscience companies has outpaced other industries in Georgia. The bioscience industry makes up a relatively small part of the state's overall economy but clearly the growth potential remains impressive:
From 2006-2007, the number of life sciences firms grew almost twice as fast as the number of firms in all industries. Life sciences firms rose by 6.3 percent compared to 3.4 percent for all industries.
Currently the bioscience industry has 18,000 employees. When the public sector is included that number doubles to 33,000
Georgia Bioscience Products
Sales reached $7 billion in 2007
Currently there are 414 products on the market
There are another 348 products in development or pending approval
Georgia’s Bioscience Community
The bioscience community in Georgia is a rich mix of:
Pharmaceutical
Medical device
Diagnostic and medical supply companies
Emerging bioscience companies
Contract laboratory
Preclinical and clinical research organizations
World-class public and private research institutions and universities
Atlanta is also home to the headquarters of the premier public health research institute in the world, the U.S. Centers for Disease Control and Prevention (CDC).
Atlanta is also home to the headquarters of several nonprofit organizations including the American Cancer Society, the Carter Center, the Arthritis Foundation and CARE.
Georgia’s Bioscience Networks
Georgia’s bioscience companies are supported through an effective network of institutions and organizations, including the Georgia Research Alliance, Georgia Bio, Georgia Cancer Coalition, and the Georgia Intellectual Capital Partnership program.
The Georgia Research Alliance (GRA) is a unique nonprofit organization which brings together Georgia’s research universities, business community, and state government to create opportunities to grow Georgia’s economy through scientific discovery.
GRA Eminent Scholars® program brings pre-eminent scientists to Georgia’s research universities and provide them with the tools they need to lead research and development programs with the greatest potential for generating significant economic gains for Georgia and Georgians. To date the program has recruited 57 GRA Eminent Scholars® in diverse fields including vaccine development, molecular biotechnology, crop genomics, drug discovery, medical imaging, animal health and biomedical engineering.
Georgia Research Alliance VentureLab program helps build high-growth companies around laboratory discoveries.
Georgia Bio, the Life Sciences Partnership (GaBio) is the private, non-profit association representing the life sciences industry in Georgia. Its 300 members include pharmaceutical, biotech and medical device companies, universities, research institutes, government groups and other business organizations involved in the development of products that improve healthcare, agriculture, industrial and bioenergy production and environmental management.
Georgia Cancer Coalition leads the state’s effective use of resources to improve cancer prevention, early detection and screening. It offers access to quality cancer care and treatment, caregiver training and public education, as well as cutting-edge cancer research and biotechnology business incubation.