West Virginia Executive Fall 2018 | Page 65

Inside West Virginia’s Bioscience Industry A Q&A with Bryan Brown JENNIFER JETT PREZKOP According to “Investment, Innovation and Job Creation in a Growing U.S. Bioscience Industry 2018,” a study released this past summer by the Biotechnology Innovation Organization, the bioscience industry in West Virginia is growing at a rapid rate. The industry’s employment base in the Mountain State increased by 14 percent between 2014-2016, outpacing the national growth rate of 4.4 percent. For insight into this promising industry, West Virginia Ex- ecutive (WVE) sought out the help of Bryan Brown, executive director of the Bioscience Association of West Virginia. Under Brown’s direction, the association promotes the bioscience industry in the Mountain State and assists in expanding the knowledge of those working in the life sciences with grant programs, technical assistance, legislative advocacy and the association’s annual West Virginia Bioscience Summit. Here, Brown defines for us this exciting industry and sheds light on its strengths, challenges and opportunities. WVE: What is bioscience, and how is the bioscience industry structured? BB: The biosciences, or life sciences, have to do with both the study of the biology of all living things and the commercial- ization of discoveries that may result from that research. The bioscience industry works to help heal, feed and fuel the world. It is typically broken out into five overarching subsectors: agricultural feedstock and industrial biosciences; bioscience- related distribution; drugs and pharmaceuticals; medical devices and equipment; and research, testing and medical laboratories. Another major component, particularly in West Virginia, is the research occurring at our colleges and universities. WVE: Tell us about how the industry has evolved in West Virginia. BB: West Virginia’s bioscience industry, while small compared to many other states, is growing. Federal research funding at CHRIS GOSSES West Virginia University (WVU), Marshall University and other state colleges and universities, as well as various research hospitals around the state, helped spur its growth. The origin and evolution of Mylan has also contributed greatly to the development of the state’s bioscience industry, as has that of Alcon in Huntington. In the more recent past, we’ve also seen researchers from both universities and the private sector start small biotechnology firms in the state as well as take an active role in investing in these types of companies. WVE: What challenges is the industry currently facing? BB: The work done by bioscience researchers is, many times, hard to explain. It’s complicated, tedious work with a long-time horizon for return on investment. Failure is commonplace. Also, with West Virginia’s history as an extractive industry state and the significant revenue that industry provides to the state, it’s difficult to get traction and support for what—without proper explanation—can seem nebulous. Communicating what the industry does and why it’s critical for policy and opinion leaders to support it can be challenging. We have to do a better job as an industry in facilitating an understanding of the incredible innovation that is occurring in the biosciences in West Virginia and the significant con- tribution the industry provides to the economic and social well-being of the state. WVE: What are some of the growth opportunities you would like to see explored? BB: An area of opportunity for West Virginia that can create many great, high-wage jobs is the segment of the life sciences industry that is based on the services end of the business. One example is the development of businesses around biospecimen repositories, which have many of the same requirements of backup data centers: a secure location, low risk of natural disasters and access to reliable power. WWW.WVEXECUTIVE.COM FALL 2018 63