The Oregon Bioscience Association is pleased to share industry updates, benchmarks, strategy and milestones in its 2010 Annual Report on Community, Collaboration and Commercialization. Throughout 2010, Oregon’s bioscience industry remained an economic bright spot. Despite this less than ideal environment, Oregon Bio made steady, measurable progress in building a solid financial foundation for future growth. Click below to read the electronic version, as well as comparative reports from prior years. For hard copies, contact the Association to request them.
2010 Oregon Bio Annual Report
2009 Oregon Bio Annual Report
2008 Oregon Bio Annual Report
2007 Oregon Bio Annual Report
Economic Bright Spot In Oregon – Statewide Bioscience Industry Adds More Jobs And Economic Impact Than Previous Years
Despite Oregon’s continued recessionary slump and recent grim economic news of Multnomah County’s job losses, Oregon’s biotechnology and life sciences industries gained jobs, grew personal income, and raised more revenue from property and personal taxes in 2009, and since 2007.
The report, “The Dimensions and Contributions of the Bioscience Industry in Oregon in 2009,” by economic surveyor consultancy, ECONorthwest is available here,
and the full news release here.
Economic Impact of Oregon Health Sciences University
Oregon Health & Science University (OHSU) is the state’s only academic health center, and is among the state’s largest healthcare providers, educational institutions, research centers and employers. OHSU’s health and economic impacts are substantial, and while its activities are centered in the Portland metropolitan area, its impact reaches throughout the state.
In answer to the hypothetical question that guided this study—How would economic activity change if OHSU did not exist?—ECONorthwest estimates that in the absence of OHSU, the State’s economic activity would decrease by an estimated $2.377 billion in economic output and 20,748 jobs.
Looking toward the future, OHSU’s economic impact is poised to grow over time. As the U.S. population ages, demand will rise for skilled healthcare providers. OHSU is well positioned to provide these workers. For patient care, net impacts will grow if OHSU continues to expand its ability to provide care and services that are unavailable elsewhere in the region. OHSU’s proven ability to attract research funding (over $300,000,000 in 2009) and high-level researchers, and to translate research into clinical and scientific breakthroughs and marketable technology, promises to increase the importance of this powerful economic driver as well.
View complete report
Economic Impact Study -- 2008
A new economic impact study shows biotechnology, life sciences and medical research contribute billions of dollars in direct revenue to Oregon's economy, and local biotech workers earn higher wages.
Produced by ECONorthwest this study measures the economic contributions of the bioscience industry to the Oregon economy. The study, “The Dimensions and Contributions of the Bioscience Industry in Oregon” demonstrates some surprising findings. The Oregon bioscience industry:
- Contributed $3.5 billion to Oregon’s economy
- Employed 13,630 people
- Average wage of $55,000
- $459,900,000 spent on research, most federal funding
- Over 600 private companies and research institutions
- Total economic impact of over $6 billion and 37,000 jobs.
- And growing…
View news release
View overview
View complete study
Oregon Bioscience Industry Segmentation and Cluster Analysis Report -- 2008
The Oregon Economic & Community Development Department with support from the Portland Development Commission, Oregon Health and Sciences University and the Oregon Bioscience Association commissioned a cluster-based study of the Oregon Bioscience industry to:
- Identify key industry sub-clusters and their linkages,
- Provide a better understanding of the drivers and needs of the sub-clusters, and
- Identify what economic development strategies are best pursued to help the Bioscience industry grow in Oregon
View complete report
2008 State Biosciences Initiatives Report by the Biotechnology Industry Organization and the Battelle Institute
The study, "Technology, Talent and Capital: State Bioscience Initiatives 2008," presents data on national, state and metropolitan bioscience employment and growth trends during 2001 to 2006. The study also examines a series of additional key performance metrics and describes state policies and programs designed to accelerate the growth of the biosciences. The report has been produced from the most current and comparable annual data available.
View the press release
View complete report
2007 Report from the Portland Development Commission
The report states that the emerging biosciences cluster is thriving in the Portland region, bringing state-of the-art technology to today’s marketplace. Portland’s biosciences sector includes companies that offer products and services based on the commercialization of knowledge derived from the life sciences. The scope of the industry includes pharmaceutical and medicine manufacturing, medical equipment and supplies manufacturing, and various research and development firms
View complete report