MedTech I.Q.

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Colleagues,

California Riverside and San Diego Counties request community input on new strategies..

... Biotechnology & Medical Devices Manufacturing is a combined industry cluster and includes firms that are engaged in the life sciences such as biotechnology research and the manufacture of pharmaceuticals, as well as those firms that are manufacturing biomedical products and surgical and medical devices. According to SANDAG's latest study, Surgical and Medical Instruments and Supplies had two-thirds of employment located in San Diego County. The largest industry is Surgical and Medical Instrument Manufacturing (53%), followed by Surgical Appliance and Supplies Manufacturing (18%), and Ophthalmic Goods Manufacturing and Optical Instrument and Lens Manufacturing (16%). Total employment in the cluster is 8,600 persons, with an average wage of $54,700 per year, or 138% of the two-county average...

... Timothy R. Gerrity, Ph.D., director, Office of Technology Transfer and Commercialization and the Alliance for Commercialization of Technology at California State University, San Bernardino, states, "This is a high wage cluster with relatively large economic multipliers, and includes some of the strongest industries for job growth in manufacturing and pharmaceuticals."..

Read on at: http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/ww...

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