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KGI Study Reveals Diverse and Vibrant Regional Bioscience Industry
Date:2/18/2010

nies and entrepreneurial start-ups and is diversified across the industry's three major segments: pharmaceuticals, diagnostics and medical devices. Highly inventive, these companies have obtained thousands of patents and commercialized dozens of new products, the study found.

The six-county Southern California region covered in the study ("Southern California Region Bioscience Profile: A look at Regional Assets and Market Opportunities") comprises Los Angeles, Orange, Ventura, Santa Barbara, San Bernardino and Riverside counties. Over the course of a year, Casper and his team created a comprehensive and detailed database profiling the region's bioscience industry.

The resulting report has two main sections. The first explores the landscape of companies active within each of the three main industry segments, demonstrating that the region is fertile ground for entrepreneurial start-ups, mature companies and subsidiaries of global-bioscience companies.

The second section focuses on the broader ecology of institutions and resources that local bioscience companies draw upon for support. The study found an ecosystem with a large labor market of scientists and bioscience professionals; a community of world-class universities, medical schools and research hospitals directly linked to the bioscience industry and engaged in robust technology-transfer programs; and an active community of venture capitalists and angel investors with a proven track record of investing in local companies.

The study also uncovered several bioscience "hot spots" throughout the region, including Central and Coastal Orange County, anchored by the University of California Irvine and companies li
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SOURCE Keck Graduate Institute
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