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Medical Technologies
Feb. 6, 8:45 a.m.-1:30 p.m., Moffitt Cancer Center's - Business of Biotech 2012. Moffitt Cancer Center’s Sixth Annual Business of Biotech, “Turning Vision Into Reality.” Join life sciences and medical device companies, scientist and venture capitalists for informative sessions that include, “The Future of Biotech in Tampa Bay,” and “Issues Facing Medical Device Companies.” Learn more at: http://www.moffitt.org/businessofbiotech and register at: http://moffitt.org/biotech2012
Apr. 30, Florida Medical Device Symposium: Save the date for next year's Florida Medical Device Symposium, which will be held April 30 - May 1, 2012 at the Hilton Carillon Park in St. Petersburg, Florida. The symposium is Florida's premier event for medical device manufacturing firms, featuring nationally recognized speakers, expert panels on regulatory issues and industry trends, legislative updates and quality networking opportunities. Learn about this year's sponsorship and exhibitor opportunities here.
On March 30, 2012 ConMed Linvatec celebrated the grand opening of its new Center for Orthopaedic Education in Pinellas County, Florida. The 16,000-square-foot training facility will provide advanced surgeon education, surgical skills training and professional development on the company’s existing medical device development and manufacturing operations. The expansion is expected to have an economic impact of nearly $2.8 million. “We expect to draw even more surgeons from around the world with this larger, more robust state-of-the-art training facility,” explained ConMed Linvatec President Joe Darling. “Innovation has long been a hallmark of our business success and this new enterprise will encourage future product developments.”
IRX Therapeutics, Inc., a leading research and development firm specializing in immune therapies designed to treat cancer and related diseases, recently announced its relocation to St. Petersburg, Florida. The growing company expects to create 283 jobs with an average salary of over 200% of the Pinellas County average wage over the next six years. “I am thrilled to welcome IRX to the Pinellas County business community,” shares Pinellas CountyCommission Chair Susan Latvala. “Projects like this illustrate our region’s attractiveness to the life sciences industry and underline the high-wage job creation associated with business attraction efforts.”
News and Events
Industry Overview - In medical technologies and life sciences, Pinellas County is building the future with innovative industry leaders and the support of a strong existing supplier network. Nearly half of all life sciences companies in the Tampa-St. Petersburg Metropolitan Statistical Area are located in Pinellas County. This fertile environment has facilitated recent expansions, demonstrating the appeal of the area to high-tech industry. Statewide organizations such as the Pinellas-based Florida Medical Manufacturers' Consortium (FMMC) have a network of industry members, as well as educational and governmental partners with a vested interest in expanding this vital sector. Pinellas County offers medical technology companies a pro-business environment with job creation tax incentives, low tax rates, a developed infrastructure, a skilled workforce and strong educational institutions focused on industry needs. Come grow with us.
Workforce
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Florida ranks second in the United States in FDA registered establishments.
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Pinellas County has 1/5 of state economic activity in medical devices.
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Florida has more than 32,000 companies, employing more than 605,000 workers in the medical manufacturing industry
- 4.6% of the Florida High Tech Corridor's Medical technology industry employment is located in Pinellas County.
- 70% of the more than 10,000 medical technology jobs in the Tampa Bay region are located in Pinellas County
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Average annual wage for Pinellas' pharmaceutical sector $50,696. (USDOL 2008 Labor Mkt Statistics).
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Average annual wage for Pinellas' medical device sector is $49,825. (USDOL 2008 Labor Mkt. Statistics).
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Average annual wage for Pinellas' biotech sector is $59,825. (USDOL 2008 Labor Mkt Statistics)
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- Pinellas County's top rated colleges and universities provide firms with qualified graduates in a variety of majors including Associates, Bachelors and Masters Degrees and certificate programs in Medical Device Technology, Medical Quality Systems, Engineering Technology-Biomedical Systems, Regulatory Affairs and Orthotics & Prosthetics
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Pinellas' extraordinary technical education center http://www.myptec.org/ offers students the ability to fulfill national workplace competencies in both business and industry, providing hands on training on up to date manufacturing equipment. Certificate programs on various trades including CNC machining, CAD and machine shop.
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