72.6 F
San Diego
Saturday, Jul 13, 2024
-Advertisement-

Life Sciences Industry Leaves Big Impression on San Diego

Here are a few facts about San Diego’s life sciences industry:

– There are about 36,600 employees in the life sciences industry in the county in more than 500 companies, including traditional biotech, medical device, diagnostic and technology companies.

– The annual economic impact , direct and indirect , is $8.5 billion.

– Funding from the National Institutes of Health totaled $860 million in 2004, second among California counties.

– Venture capital raised $710.2 million in 2005, according to Ernst & Young and Dow Jones Venture One.

Sources: Biocom, San Diego Regional Chamber of Commerce/Rich’s California Business Directories, San Diego Association of Governments, U.S. Census Bureau 2006.


Major Accomplishments

According to Biocom, the regional life science industry association representing more than 550 member companies:

– Rituxan is the leading treatment for non-Hodgkin’s lymphoma and one of the most successful cancer therapeutics ever, created here by Idec Pharmaceuticals, now Biogen Idec.

– Biogen Idec is the third largest biotechnology company in the world and bases all of its cancer work here.

– Avastin, a new drug to treat colorectal cancer, is manufactured in Oceanside by San Francisco-based Genentech in its 400,000-square-foot biologics manufacturing facility.

– Sutent, a recently approved cancer drug, was developed at Pfizer La Jolla, the company’s worldwide hub for cancer treatment.

– Viracept, one of the first protease inhibitors to treat AIDS, was developed in La Jolla by Agouron Pharmaceuticals and approved by the U.S. Food and Drug Administration in 1997. Through several acquisitions, this facility is now Pfizer La Jolla.

– Symlin and Byetta, two of the first new therapeutics to treat diabetes in decades, were approved by the FDA in 2005. The new diabetes treatments were both developed in La Jolla by Amylin Pharmaceuticals.

– More than 80 percent of the nation’s blood supply is screened for sexually transmitted diseases with tests made by Gen-Probe in Sorrento Mesa.

– Most hospital patients with chest pain are given a rapid diagnostics test made by Biosite to determine if they are undergoing congestive heart failure.

– Carlsbad-based Invitrogen, one of the largest research tool suppliers in the world, makes more than 25,000 lab supply products in the county. Almost every lab in the world has one of their telephone book-sized product catalogs.

, Pat Broderick

-Advertisement-

Featured Articles

-Advertisement-
-Advertisement-

Related Articles

-Advertisement-
-Advertisement-
-Advertisement-