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Biomedical Industry Jobs Critical to California's Economic Recovery, Finds California Healthcare Institute and PricewaterhouseCoopers
Date:2/2/2010

s.prop15='83363882';s.tl(this,'o','ExternalLink');" target='_blank' href="http://www.pwc.com/pharma/2010chireport">biomedical research, innovation and investment in California, respondents ranked the following as extremely important: corporate taxation (72 percent), tax incentives for innovation (69 percent) and workforce preparedness (62 percent).
  • Asked about the greatest threats to the industry's growth in the next five years, respondents rated the following as extremely important: price controls/government intervention (88 percent), a risk-averse U.S. Food and Drug Administration (84 percent), intellectual property protections (56 percent) and access to capital (52 percent).  

  • A full copy of the 2010 California Biomedical Industry Report is available at www.chi.org or at www.pwc.com/pharma/2010chireport.

    Methodology

    CHI worked with PricewaterhouseCoopers LLP to collect and administer data for the 2010 CHI/PwC California Biomedical Industry Survey.  The survey was conducted in November 2009 and targeted approximately the largest 200 companies that conduct business in California in the areas of pharmaceuticals, biotechnology, medical devices, diagnostics or medical equipment.

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    SOURCE PricewaterhouseCoopers LLP
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