The Ohio Bioscience Report
The Ohio Bioscience Report, September 2020 Edition
Key Findings & Downloads
On behalf of BioOhio, our Board of Trustees, and our members, thank you for your support and interest in Ohio’s bioscience industry. 2021 marks BioOhio’s 34th anniversary as the state’s bioscience organization and a reliable, objective source of information concerning the bioscience community in Ohio.
The?Ohio Bioscience Report?is published by BioOhio to inform the public on the progress of Ohio’s bioscience industry, research endeavors, and the community at large within the six core fields of bioscience and critical contributors to the industry, at a statewide level and across Ohio’s six regions.
The comprehensive scope of this report makes it an essential tool for Ohio’s bioscience business leaders, educators, and economic development professionals and serves as a benchmark for local, state, and federal lawmakers. This report is also a valuable resource for anyone interested in learning more about bioscience.?The following are key findings, along with links to download the full report and a 2-page summary.
- Agricultural Biotechnology
- Medical & Testing Labs
- Medical Devices & Equipment
- Medical Product Distribution
- Pharmaceuticals & Therapeutics
- Research & Development
- Learn more on this page
- Bioscience Education Institutions
- Contract Manufacturers & Suppliers
- Health and Medical Insurance Carriers
- Health IT Companies
- Healthcare Providers
- Professional Service Providers
- Learn more on this page
Billion, Annual Payroll
? 83 of 88 Ohio Counties are home to Bioscience Organizations
In Ohio, 4,045 bioscience-related firms operate at 4,883 locations, employing 81,085 staff?earning an average annual wage of $83,310, generating $6.8 billion in?annual payroll.
Bioscience companies range from the large and well known such as Abbott, Athersys, Battelle, Cardinal Health, Johnson & Johnson, and Midmark, to emergent bioscience organizations representing the future of Ohio’s bioscience industry, such as Andelyn Biosciences, Abeona Therapeutics, Clarametyx Biosciences, and Enable Injections.
??2019 Bioscience Expansions:? 4,474 Projected New Jobs, $757M Planned Investment
Bioscience companies continue to expand operations and announce new facilities in the state, with 40 projects announced in 2019, projecting the creation of 4,474 jobs and over $757 million in capital investment. AmerisourceBergen, AtriCure, Camargo Pharmaceutical Services, Charles River Laboratories, Formlabs Ohio, Hitachi Healthcare Americas, McKesson, Stirling Ultracold, and Tosoh USA are all among the many companies growing in Ohio.
Ohio economic development organizations, including the JobsOhio network and the Ohio Development Services Agency, have identified bioscience as one of the state’s key industries. Prioritized support is available for bioscience companies planning to expand existing operations in Ohio, and for those entering Ohio from other states and countries. See the report for more on economic development activities and resources in Ohio.
? $490M in Private Investment, $570M in Exits, over $2 Billion from Public & Private Sources
Ohio bioscience companies attracted over $2 billion in funding in 2019, from sources including venture capital, exits, angel investment, federal research grants, and state initiatives.
BioOhio analysis indicates that over 100 Ohio bioscience-related companies announced $490 million in private investment in 2019, one of the highest levels recorded since BioOhio began tracking deals in 2004.?Exit activity in the state remained strong in 2019, totaling over $570 million.
? Public Funding sources for Ohio Bioscience:? $883M from the NIH, $85M from the NSF
In 2019, $883 million was awarded to 69 Ohio institutions and companies by the National Institutes of Health.?The National Science Foundation’s Directorate for Biological Sciences (NSF BIO)?awarded $85 million in grants to Ohio-based organizations in 2019.
? 11,997 Bioscience Degrees & Certificates Awarded in 2018
A skilled workforce is integral to the growth of Ohio’s bioscience industry. Ohio’s technical career centers and two-year, four-year, graduate, and advanced degree programs build on the foundation set by K-12 schools to deliver a workforce pipeline necessary to staff growing bioscience businesses.
Bioscience education continues to thrive in Ohio. In 2018, 11,997 bioscience-related degrees and certificates were awarded to students in Ohio, an increase of 77% since 2006. The number of schools with bioscience-related programs has also increased, from 79 in 2006 to over 90 public and private schools furthering the capabilities of Ohio’s talented workforce in 2018.
BioOhio has been tracking bioscience-related degrees & certificates for over a decade, download the report for more details!
? Bioscience in Ohio’s Six Regions
The bioscience industry’s economic impact is felt throughout the state, with bioscience-related companies found in 83 of 88 Ohio counties. All six Ohio regions have experienced growth in the bioscience industry and play a role in advancing critical discoveries.
Anchored by Cleveland and Akron, northeast Ohio led the state in the number of bioscience locations with 1,407 locations, 29% of the statewide total. The central and southwest regions followed with 850 (17%) and 712 (15%), respectively. Other regions are well represented by 391 locations in western Ohio, 250 in northwest Ohio, and 175 in southeast Ohio.
In terms of employee concentration, 72% of the 81,085 staff working in bioscience in 2018 were located in the regions with the three largest metropolitan areas. Northeast and central Ohio are closely aligned at 29% and 26% of the statewide total; 23,641 and 21,137 employees respectively. Southwest Ohio led the remaining regions with 13,323 employees (16%).
Download the report for much more on each of Ohio’s six regions.