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CRACKING the CODE: the Economic Impact of San Diego’S Genomics Industry

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CRACKING the CODE: the Economic Impact of San Diego’S Genomics Industry HOW SAN DIEGO STACKS UP UNDERWRITTEN BY The genomics scorecard uses innovation, talent and growth metrics to compare the top ten life sciences U.S. metros with illumina populations over one million. San Diego’s composite score ranks it as the number two genomics market in the nation. RESEARCH SUPPORT BY #9 Minneapolis Boston SPONSORED BY CRACKING #1 #10 Chicago #6 Philadelphia #5 Salt Lake City #8 Indianapolis THE CODE: #3 San Francisco THE ECONOMIC IMPACT OF Raleigh #4 San Jose #7 SAN DIEGO’S #2 SAN DIEGO GENOMICS INDUSTRY SAN DIEGO RANKS INNOVATION TALENT GROWTH #2 #2 #4 INNOVATION TALENT GROWTH PATENT INTENSITY, GRADUATE PIPELINE, UNIQUE JOB FEDERAL FUNDING, TRANSFERABLE POSTINGS, FIVE-YEAR VENTURE CAPITAL SKILLS, OCCUPATIONAL INVESTMENT OCCUPATIONAL GROWTH, PROJECTED CONCENTRATION OCCUPATIONAL GROWTH INDUSTRY VOICES One thing you immediately discover when you come to San Diego is this collaboration not seen anywhere else; it’s“ collaboration to combine the parts and pieces across industries, make sense of the data and apply it to solve problems.” Dawn Barry, Vice President, Applied Genomics, Illumina For a copy of the complete study, visit Boston has the pharmaceutical industry and the Bay Area sandiegobusiness.org/research PRODUCED BY has Silicon Valley, but San Diego is where the fundamental For an expanded, interactive version of the timeline, research that drives precision medicine is happening. “ visit GenomicsSD.org Here, genomics has its own identity.” Dr. Jorge Garces, President & CEO, AltheaDx Released in June 2017 EXECUTIVE SUMMARY SAN DIEGO IS THE WHY SAN DIEGO? LIFE CHANGING TALENT EPICENTER OF GENOMICS FUNDING THE FUTURE The genomics industry benefits from the talent graduating from the region’s top academic San Diego has an exceptional track record for creating institutions. San Diego’s quality of life and abundant job opportunities are among the top The region has provided the intellectual property and strong life sciences companies, reasons the region has a higher-than-average concentration of genomics talent; fundamental genomic research which allows the region to command a large share of a fundamental ingredient for a healthy ecosystem. that has galvanized scientific genomics-related venture capital. In 2016, San Diego discovery across the globe. $38M 115+ received nearly a quarter of all genomics VC in the U.S. FEDERAL FUNDING FIRMS 2016 As we enter into an era of Government is in the business personalized medicine and $5.6B of stimulating new discoveries. technology, San Diego’s ECONOMIC “Even if only a fraction of IMPACT projects succeed, the economic companies, research institutes 1,968 2,939 3.1X impacts are huge. San Diego’s AVERAGE ANNUAL UNIQUE GENOMICS-RELATED MORE CONCENTRATED and universities will continue to 10K+ genomics ecosystem is successful GENOMICS-RELATED JOB POSTINGS THAN U.S. IN KEY pioneer discoveries across the DIRECT because of the initial investment DEGREES CONFERRED IN 2016 GENOMICS OCCUPATIONS JOBS $292M 371 of government, the hard interdisciplinary field of genomics. VC RECEIVED PATENTS IN GENOMICS work of researchers and the 2016 2014–2016 inventiveness of entrepreneurs.” SAN DIEGO UNIVERSITIES GRADUATE MORE GENOMICS 3.5 Dr. Bing Ren, Director, Center for JOB MULTIPLIER: FOR EVERY DIRECT JOB IN TALENT THAN ANY OTHER U.S. REGION* SAN DIEGO IS THE MOST PATENT INTENSIVE Epigenomics at UC San Diego 1 * MEASURED PER 10K JOBS THE GENOMICS INDUSTRY, ANOTHER 2.5 ARE GENOMICS MARKET IN THE U.S. SUPPORTED ELSEWHERE IN THE ECONOMY 1 MAPPING THE GENOMICS INDUSTRY SURVEY SAYS: A COLLABORATIVE BUSINESS CLIMATE EMPLOYERS SEEK SPECIALIZED SKILLS AND TRAINING LOCAL FIRMS ARE SATISFIED WITH ACCESS TO... There’s a mindset here that if one of us succeeds, Companies value candidates with SURVEY SAYS: technical training and work-related EDUCATION AND EXPERIENCE MATTER BIOTECHNOLOGY we all succeed; the collaboration within Technical training experience. Additionally, employers in R&D “ San Diego’s genomics industry is amazing.” the genomics industry are more likely 86% 74% 84% Chrisa Mott, Head of Human Resources, Human Longevity, Inc. to recruit advanced degree holders. A four-year degree GENOMICS The study of the function 78% of genomes, an organism’s complete set of genetic BIOMEDICAL CUSTOMERS SUPPLIERS 1+ year of industry experience HEALTH IT DEVICE 88% 55% instructions, is an 61% interdisciplinary field MFG OF FIRMS RATE SAN DIEGO AS EITHER OF FIRMS SAY IT IS VERY IMPORTANT drawing from multiple A graduate degree industries. A GOOD OR EXCELLENT PLACE TO FOR CANDIDATES TO HAVE SOFTWARE DO BUSINESS SKILLS SUCH AS PROGRAMMING AND 54% 80% 78% DATA ANALYTICS; AN INDICATOR OF PHARMACEUTICAL THE INCREASED IMPORTANCE OF MFG 0 20 40 60 80 100 DATA-DRIVEN HEALTH SOLUTIONS VERY IMPORTANT SOMEWHAT IMPORTANT OTHER FIRMS RESEARCH WITHIN INDUSTRY INSTITUTES NOT AT ALL IMPORTANT IT DEPENDS A HISTORY OF 1998 2003 2005 2008 2014 2017 THE FUTURE GENOMICS Illumina is founded, launching a new The Human Genome Craig Venter co-founds Invitrogen and Applied Biosystems Cost to sequence a Edico Genome takes rapid genome era of gene sequencing technologies Project is completed Synthetic Genomics combine to form Life Technologies genome falls below $1K analysis technology into the cloud Five years from now the discussion Orange indicates a San Diego milestone won’t just be about genomics, but “how we are using our personal genetic data to drive health and wellness.” 1994 1999 2003 2007 2013 2016 Michael Heltzen, CEO, BlueSEQ Sequenom is founded, pioneering Genomics Institute of the Novartis Craig Venter sequences Introduction of Next Generation Life Technologies is acquired The Scripps Research Institute is awarded DNA-based prenatal testing Research Foundation is launched genome using shotgun method Sequencing (NGS) increases output 70x by Thermo Fisher Scientific $120M grant for large-scale genomics study For the full version, visit GenomicsSD.org SAN DIEGO IS THE WHY SAN DIEGO? LIFE CHANGING TALENT EPICENTER OF GENOMICS FUNDING THE FUTURE The genomics industry benefits from the talent graduating from the region’s top academic San Diego has an exceptional track record for creating institutions. San Diego’s quality of life and abundant job opportunities are among the top The region has provided the intellectual property and strong life sciences companies, reasons the region has a higher-than-average concentration of genomics talent; fundamental genomic research which allows the region to command a large share of a fundamental ingredient for a healthy ecosystem. that has galvanized scientific genomics-related venture capital. In 2016, San Diego discovery across the globe. $38M 115+ received nearly a quarter of all genomics VC in the U.S. FEDERAL FUNDING FIRMS 2016 As we enter into an era of Government is in the business personalized medicine and $5.6B of stimulating new discoveries. technology, San Diego’s ECONOMIC “Even if only a fraction of IMPACT projects succeed, the economic companies, research institutes 1,968 2,939 3.1X impacts are huge. San Diego’s AVERAGE ANNUAL UNIQUE GENOMICS-RELATED MORE CONCENTRATED and universities will continue to 10K+ genomics ecosystem is successful GENOMICS-RELATED JOB POSTINGS THAN U.S. IN KEY pioneer discoveries across the DIRECT because of the initial investment DEGREES CONFERRED IN 2016 GENOMICS OCCUPATIONS JOBS $292M 371 of government, the hard interdisciplinary field of genomics. VC RECEIVED PATENTS IN GENOMICS work of researchers and the 2016 2014–2016 inventiveness of entrepreneurs.” SAN DIEGO UNIVERSITIES GRADUATE MORE GENOMICS 3.5 Dr. Bing Ren, Director, Center for JOB MULTIPLIER: FOR EVERY DIRECT JOB IN TALENT THAN ANY OTHER U.S. REGION* SAN DIEGO IS THE MOST PATENT INTENSIVE Epigenomics at UC San Diego 1 * MEASURED PER 10K JOBS THE GENOMICS INDUSTRY, ANOTHER 2.5 ARE GENOMICS MARKET IN THE U.S. SUPPORTED ELSEWHERE IN THE ECONOMY 1 MAPPING THE GENOMICS INDUSTRY SURVEY SAYS: A COLLABORATIVE BUSINESS CLIMATE EMPLOYERS SEEK SPECIALIZED SKILLS AND TRAINING LOCAL FIRMS ARE SATISFIED WITH ACCESS TO... There’s a mindset here that if one of us succeeds, Companies value candidates with SURVEY SAYS: technical training and work-related EDUCATION AND EXPERIENCE MATTER BIOTECHNOLOGY we all succeed; the collaboration within Technical training experience. Additionally, employers in R&D “ San Diego’s genomics industry is amazing.” the genomics industry are more likely 86% 74% 84% Chrisa Mott, Head of Human Resources, Human Longevity, Inc. to recruit advanced degree holders. A four-year degree GENOMICS The study of the function 78% of genomes, an organism’s complete set of genetic BIOMEDICAL CUSTOMERS SUPPLIERS 1+ year of industry experience HEALTH IT DEVICE 88% 55% instructions, is an 61% interdisciplinary field MFG OF FIRMS RATE SAN DIEGO AS EITHER OF FIRMS SAY IT IS VERY IMPORTANT drawing from multiple A graduate degree industries. A GOOD OR EXCELLENT PLACE TO FOR CANDIDATES TO HAVE SOFTWARE DO BUSINESS SKILLS SUCH AS PROGRAMMING AND 54% 80% 78% DATA ANALYTICS; AN INDICATOR OF PHARMACEUTICAL THE INCREASED IMPORTANCE OF MFG 0 20 40 60 80 100 DATA-DRIVEN HEALTH SOLUTIONS VERY IMPORTANT SOMEWHAT IMPORTANT OTHER FIRMS RESEARCH WITHIN INDUSTRY INSTITUTES NOT AT ALL IMPORTANT IT DEPENDS A HISTORY OF 1998 2003 2005 2008 2014 2017 THE FUTURE GENOMICS Illumina is founded, launching a new The Human Genome Craig Venter co-founds Invitrogen and Applied Biosystems Cost to sequence a Edico Genome takes rapid genome era of gene sequencing technologies Project is completed Synthetic Genomics combine
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