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Dunrie Greiling Ph.D., Ann Arbor, MI 48105

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You are here: Home / Biotech / Michigan Biotech: MichBio Growth Summit – February 2016

Michigan Biotech: MichBio Growth Summit – February 2016

February 4, 2016 by Dunrie

Industry association MichBio organized yesterday’s bio-industry growth summit in Lansing. This Michigan biotech event featured national and regional leaders, including legislators (agenda here).

Michigan Biotech Roadmap for Success

Table of Contents - Michigan Biotech Roadmap for Success
Table of Contents – Michigan Bio-Industry Roadmap for Success

MichBio also launched their Michigan Bio-Industry Roadmap for Success. This roadmap was developed through interviews, focus group, surveys, and comparison to peer states.

Event attendees received a print copy of the executive summary for the roadmap (~40 pages), still fragrant from the printer. Director Stephen Rapundalo, Ph.D., presented the highlights to the attendees. The Roadmap provided competitive benchmarking of Michigan in total bio-industry employment, expenditures, grants, patents, and venture capital. For employment, the roadmap breaks the bio-industry category into subcategories, specifically:

  • agri-biosciences,
  • drugs & pharmaceuticals,
  • medical devices & equipment,
  • research, testing & medical laboratories, and
  • bioscience-related distribution (logistics).

The roadmap evaluated Michigan’s rank and then provided specific recommendations for industry growth, business climate, innovation, education & talent, and access to capital. Rapundalo announced that a full version of the Roadmap should be released this month. I will post a link to any online documents here if/when they become available.

Recurring Themes – Michigan Biotech Education and Talent

A recurring theme from the panel and from attendees was talent. Panelists called for biotech-oriented education for entry-level positions. Panelists discussed having to recruit talent back to Michigan from the coasts for senior/specialized biotech leadership positions.

Being a digitally-focused person, I did some live-tweeting of the event and made sure to connect in person with others who were tweeting. Here are a few example tweets from my own and others takeaways from the event.

MichBio CEO Rapundalo presents the Roadmap: Building MI into a biosciences leader pic.twitter.com/c8YasqxW41

— MichBio (@michbio) February 3, 2016

Today @michbio #GrowthSummit #biotech #bioscience & speaking on state advocacy efforts-5 states enacted laws all 5priorities @AdvaMedUpdate

— Liz Powell (@G2Gconsulting) February 3, 2016

@DrRogerNewton – emerging theme of @michbio #industrygrowthsummit need to address MI education at all levels to secure talent pool @urcmich

— Brit Affolter-Caine (@BritanyAffolter) February 3, 2016

Talent mgt. is a recurring theme from panelists at #michbio #biotech growth summit // @michbio pic.twitter.com/e3I5AkEqx0

— Jenn Rohl (@jennrohl) February 3, 2016

Roger Newton, Mark Leeahy and Liz Powell discuss bio-industry in #michigan at @michbio Growth Summit @medicaldevices pic.twitter.com/4XxcgZInLu

— The SearchLite (@TheSearchLite) February 3, 2016

#Michigan Sen @rebekahwarren thank you 4 your leadership in advocating 4 #bioscience industry & #innovation @michbio pic.twitter.com/cgtFwFdpmA

— Rachele Downs (@rachelejdowns) February 3, 2016

.@MarkJForchette — playbook for #biotech success: vision, technology, talent (character is key), and culture // @michbio

— Dunrie Greiling (@dunrie) February 3, 2016

Filed Under: Biotech Tagged With: biotech, life-science, marketing

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