July / August - Minnesota Precision Manufacturing Association
July / August - Minnesota Precision Manufacturing Association
July / August - Minnesota Precision Manufacturing Association
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Feature | Destination 2025<br />
Destination 2025:<br />
A Roadmap for Growing the<br />
Bioscience Industry in <strong>Minnesota</strong><br />
by Melissa DeBilzan<br />
It’s the economy. Bioscience<br />
good for plants, animals,<br />
people—and yes, even<br />
appears to have a promising future, which<br />
is why businesses, colleges and legislators<br />
are trying to plant seeds of growth here in<br />
<strong>Minnesota</strong>.<br />
However, the conditions must be right.<br />
In 2006, The BioBusiness Alliance<br />
of <strong>Minnesota</strong> (BBAM), a not-for-profit<br />
organization dedicated to the creation of<br />
industry jobs, assessed the overall health<br />
of the bioscience industry in <strong>Minnesota</strong>. It<br />
looked at six different, yet interdependent<br />
markets: medical devices, pharma/<br />
About The BioBusiness<br />
Alliance of <strong>Minnesota</strong>:<br />
The BioBusiness Alliance<br />
of <strong>Minnesota</strong> is a nonprofit<br />
organization dedicated to the<br />
advancement of biosciencerelated<br />
industries to create jobs<br />
for the citizens of <strong>Minnesota</strong>.<br />
The charter of the BioBusiness<br />
Alliance is to bring together all<br />
related areas of the biosciences<br />
in a coordinated effort to<br />
ensure the long-term health<br />
and success of <strong>Minnesota</strong>’s<br />
bioscience industry.<br />
biologics, animal health, food, renewable<br />
energy and renewable materials.<br />
The resulting report was the first<br />
of its kind, providing a comprehensive<br />
assessment of biobusiness throughout the<br />
state. What it revealed was that <strong>Minnesota</strong><br />
has many noteworthy strengths, but also<br />
some potentially crippling weaknesses.<br />
“I think many people were surprised<br />
by some aspect of the results,” said Dale<br />
Wahlstrom, CEO of BBAM. “Especially<br />
how much overlap there is among the six<br />
markets.”<br />
In response, BBAM announced more<br />
than a dozen recommendations it believes<br />
will keep the state’s bioscience industry<br />
alive and growing. This report, released in<br />
January of 2009, is known as Destination<br />
2025. It is a 20-year strategic plan or road<br />
map for growing the industry in <strong>Minnesota</strong>.<br />
So what do these recommendations,<br />
which range from policy creation to<br />
operational efficiencies, have to do with<br />
manufacturers?<br />
“Manufacturers need to stay abreast<br />
of the trends taking place, especially the<br />
convergence of biology and devices,”<br />
Wahlstrom said. “Because in the near<br />
future, they may have to change their skill<br />
set or infrastructure.”<br />
He and many others believe the impact<br />
of bioscience over the next 20 years will be<br />
similar to the impact of computers over the<br />
last 20 years. For that reason, bioscience is<br />
everyone’s business.<br />
Assessment: Where does<br />
<strong>Minnesota</strong> stand?<br />
The short answer is that the state is off<br />
to a good start. <strong>Minnesota</strong> recently was<br />
named a top state targeting biotech by<br />
FierceBiotech, a daily online monitor. Its<br />
middle school and high school bioscience<br />
performance was rated high, according to<br />
another recent report.<br />
In addition, <strong>Minnesota</strong> has a strong<br />
base of medical technology, agriculture<br />
and renewable energy. Add to that a<br />
skilled workforce and powerful academic<br />
resources. Indeed, <strong>Minnesota</strong> has the<br />
potential to be a leader in the bioscience<br />
industry.<br />
“We have the assets, we just have to take<br />
advantage of them,” said Melissa Kjolsing,<br />
BBAM communications manager.<br />
In addition, <strong>Minnesota</strong> has strong<br />
support from the state legislature, which<br />
has poured hundreds of millions into<br />
bioscience development and promotion<br />
over the last several years. In fact, BBAM<br />
was one organization spared from<br />
Governor Pawlenty’s spending cuts during<br />
this last legislative session.<br />
However, BBAM has noted some gaps<br />
in the industry representation that could<br />
threaten <strong>Minnesota</strong>’s position, particularly<br />
with regard to medical devices and<br />
renewable energy—two markets that have<br />
a direct impact on manufacturers. (For the<br />
complete report on all six markets, visit<br />
www.biobusinessalliance.org.)<br />
>>><br />
16 | PRECISION MANUFACTURING <strong>July</strong> | <strong>August</strong> 2009