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Mesa Redonda Industria, Gobierno y Academia Biotechnology in Puerto Rico

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Puerto Rico Biotechnology today. Revenues of biological drugs made in PR exceeded $20B in 2006. Puerto Rico is hub for some of the main biotech companies. ... – PowerPoint PPT presentation

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Title: Mesa Redonda Industria, Gobierno y Academia Biotechnology in Puerto Rico


1
Mesa Redonda Industria, Gobierno y Academia
Biotechnology in Puerto Rico
  • Dr. Roberto Rodríguez-Andújar
  • Bioprocess Development and Training Complex
  • June 29, 2007

2
Puerto Rico Biotechnology today
  • Revenues of biological drugs made in PR exceeded
    20B in 2006.
  • Puerto Rico is hub for some of the main biotech
    companies.
  • AMGEN, JJ, ABBOTT, LILLY, BMS, BD, others
  • Main agricultural biotechnology firms have
    nurseries in Puerto Rico.
  • Pioneer Hi-bred, Monsanto, AgReliant, Syngenta,
    Mycogen, Bayer Cropscience, others

3
Challenges
  • Keep growing biological manufacturing and
    agricultural biotech on the Island.
  • Stop brain drain.
  • Overcome infrastructure limitations
  • Avoid political changes to interfere with
    national movement toward excellence!

4
Advantages
  • Pharma companies moving into biological
    manufacturing are already here.
  • Our weather makes PR the best location for ag-bio
    companies.
  • Highly experienced and educated workforce.
  • US Trade Laws
  • Location. Location. Location.

5
Competition Ireland Singapore
  • We can not compete on tax incentives alone.

Ernst Young LLP
6
Competition Ireland Singapore
  • They are investing in infrastructure.
  • They are far away. They are not USA territory and
    are not part of the US Customs Border.
  • We have more experience in biotechnology (Ortho,
    1988).

7
Current initiatives
  • Two UPR undergraduate biotechnology programs
    UPRM and UPRP.
  • PRIDCO Biotechnology Fellowships
  • Bioprocess Development and Training Complex
  • Training
  • Development
  • Innovation

8
What else can we do?
  • Make the Island more attractive for RD
  • Guaranty jobs for fellowships students to return
  • Tax breaks for scientists doing research
  • State matching of federal grants awarded to local
    scientists
  • Support current initiatives
  • UPR to further develop current biotech programs
  • PRSTF to financially support current initiatives
  • Press to cover and aid current efforts
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