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The Contributions of the Biosciences in ColoradoBioscience encompasses four sectors of industry in Colorado: biotechnology, medical devices, pharmaceuticals and agricultural biotechnology. Products from this industry include:
Bioscience companies in Colorado are engaged in research, developement, and/or production in all of these areas.
80% of the state's bioscience jobs are clustered along the metro corridor of Fort Collins, Denver, Boulder, and Colorado Springs. Easy access to research universities and good supply of qualified employees make these cities a natural for partnerships between academia and private enterprise, which are critical for scientific research and technology transfer. The new Fitzsimons BioBusiness Incubator in Aurora is dedicated to forming and growing companies statewide.
Several national reports have rated Colorado economic development in the top tiers of commitment to technology industry growth:
Entrepreneurship development is a key element in the on-going efforts by Colorado state and regional government efforts to retain and grow local biosciences companies. Entrepreneurial capacity and behavior are prime drivers of economic growth and job creation and see the economic potential of new technologies and apply them to business concept innovation.
All Colorado academic institutions are driving research and technology transfer. The following graph and table are illustrative of tech transfer occurring at universities across the state of Colorado.
The following links provide additional information about the state of the bioscience industry in Colorado. The Metro Denver Economic Development Corporation has identified Bioscience as one of the top 5 cutting edge industries in the State. They have developed a webpage, "Bioscience; Success in our Genes" to provide an overview of the industry. Included on their site is a report titled "Bioscience: Industry Cluster Profile" which has proven to be a useful tool to showcase the industry.
Additionally, the Biotechnology Industry Organization (BIO) commissioned a report titled "Growing the Nation’s Bioscience Sector: State Bioscience Initiatives 2006", by Battelle Technology Partnership Practice and SSTI. The 2006 report presents updated data, examines growth trends, and identifies metropolitan areas with the largest and most concentrated employment in each of the bioscience subsectors.
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