San Diego home to 350+ precision health companies

San Diego is home to more than 350 precision health companies that hold 3,610 patents, according to a study released by yours truly: San Diego Regional EDC. “San Diego’s Precision Health Ecosystem” explores the impact of the region’s precision health cluster and quantifies the number of firms, venture capital and patents, as well the broader cluster across California.

The web-based study – precisionhealthSD.org – includes a historic timeline, cluster map, local and state overviews, and a series of video testimonials from local business leaders.

Large local companies like Illumina and Thermo Fisher Scientific, startups and small businesses like CureMatch, LunaDNA, and EpicentRX, as well as hospitals and research institutes are helping lead the charge in precision health and enabling people to live longer, healthier lives.

Using a person’s unique genes, medical history, and environment, the field of precision health seeks to customize effective therapies and disease treatment. More than genomics and pharmaceuticals, precision health also encompasses a wide range of related fields that allow for the collection, storage, analysis, and use of health data for more precise diagnosis of individual conditions and risk factors.

“From personalized cancer vaccines to record-breaking DNA sequencing of newborns, San Diego companies and research institutes are revolutionizing healthcare as we know it,” said Kirby Brady, research director, San Diego Regional EDC. “Consistently ranked among the top five cities for startups and life sciences, as well as the #1 region for genomics patents in the U.S., San Diego brings more to the table than its beaches – we are changing lives and curing disease from the offices and labs throughout the region.”

KEY FINDINGS

  • San Diego precision health companies secured $1.3 billion in venture capital in 2018, to date.
  • San Diego precision health companies hold 825 registered trademarks, and 3,610 patents.
  • San Diego is home to more than 350 precision health companies, 80 research institutions, 30 hospitals, and five universities.
  • Economic impact of precision health in California (2017):
    • 29,000 direct jobs
    • 99,000 total impacted jobs
    • $17 billion direct economic impact

Precision Health: Why San Diego from San Diego Regional EDC on Vimeo.

The report was produced by San Diego Regional EDC, and sponsored by Alexandria Real Estate Equities, Inc., CBRE, Kaiser Permanente, PricewaterhouseCoopers and Scripps Research.

Read the full study at precisionhealthSD.org. For more research from San Diego Regional EDC, visit sandiegobusiness.org/about-the-region.

San Diego’s Precision Health Ecosystem

Summary

California is home to numerous companies and research institutions that have been on the cutting edge of precision health approaches. The cluster has the potential to encompass nearly all of medicine and become a multibillion-dollar industry cluster, accounting for tens of thousands of jobs in the future.

And, San Diego is a global leader in precision health. The region’s precision health cluster is poised to revolutionize the delivery of healthcare across the globe and holds the promise of enabling each of us to live longer, healthier lives. From personalized cancer vaccines and precision diagnostics, to the rapid DNA sequencing of critically-ill newborns, San Diego has emerged as a world-renowned hub for its foundational research, intellectual property, and the demonstration of precision health.

View the full web report

Innovate78 Regional Profile

Summary

Innovate78 is the collaborative outcome of five cities – Carlsbad, Escondido, Oceanside, San Marcos and Vista – coming together with a shared vision to boost economic prosperity along the 78 Corridor. From tech startups to life sciences and communications, North County is the place where innovation and lifestyle collide. Here, in the five forward-thinking communities that comprise the 78 Corridor, creative leaders are gathering to continue this momentum of innovation and success.

Together, we represent Innovate78, a hub of innovation, that is driving talent and creative capital to the 78 Corridor.

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Comercio & Competitividad En América Del Norte: Un Enfoque en la Mega-Región de Cali Baja

El Sumario

El Tratado de Libre Comercio de America del Norte (TLCAN) se promulgó el 1 de enero de 1994 y fue el primer acuerdo recíproco de este tipo entre países industrializados y en vías de desarrollo. En términos generales, el acuerdo buscaba reducir las barreras comerciales y aumentar el comercio e inversión entre los Estados Unidos, Canadá, y México. Este reporte usa datos disponibles para analizar y clarificar cómo TLCAN ha aumentado la competitividad económica en América del Norte y ha estimulado el crecimiento en la economía de innovación de Cali Baja, convirtiéndolo en uno de los acuerdos comerciales más beneficiosos y significativos de la historia.

El reporte fue producido por World Trade Center San Diego, Center for U.S.-Mexican Studies at UC San Diego School of Global Policy & Strategy y El Colegio de la Frontera Norte.

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Trade and Competitiveness in North America: A Focus on the Cali Baja Mega-Region

Summary

The North American Free Trade Agreement (NAFTA) was enacted on January 1, 1994, and was the first reciprocal agreement of its kind between industrial and developing countries. Broadly, the agreement sought to lower trade barriers and increase trade and investment between the United States, Canada, and Mexico. This report uses available data to analyze and illuminate how NAFTA has heightened economic competitiveness across North America and spurred growth in Cali Baja’s innovation economy, making it one of the most beneficial and significant trade agreements in history.

This report was produced by World Trade Center San Diego, supported by the Center for U.S.-Mexican Studies at UC San Diego School of Global Policy & Strategy and El Colegio de la Frontera Norte.

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The Importance of Water Reliability to San Diego’s Economy

Summary

Reliable water infrastructure is an investment to the regional economy. Clean, reliable water supplies provide numerous economic benefits to San Diego County. Direct investments in water infrastructure, such as the construction of pipelines, dams, or treatment plants, ripple throughout the entire economy by creating new jobs, expanding business opportunities, and fostering economic competitiveness. This economic impact analysis evaluates how water infrastructure investments – developed by the San Diego County Water Authority – over the past 20 years have benefitted the region’s economy.

This report was produced with data provided by Bureau of Labor Statistics, EMSI, IMPLAN, San Diego County Water Authority.

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Study: Mapping San Diego’s Defense Ecosystem

Summary

For more than a century, San Diego’s defense cluster has been at the heart of the regional economy. The breadth and depth of defense activity stretches far beyond military bases and naval ships; from telecomm to robotics, aerospace to cybersecurity, San Diego’s defense cluster is the driving force behind the region’s innovation economy. In absence of the defense cluster, it is doubtful San Diego would be the global innovation hub it is today. In 2017, defense-related spending contributed $25.2 billion to the regional economy. More than $9 billion came from defense contracts procured by private firms, making San Diego the second largest recipient of defense procurement dollars nationwide. Today, there are more than 5,600 defense contractors connected to the region’s defense cluster. The overwhelming majority are small businesses in the manufacturing and professional, scientific, and technical service sectors which, together, account for 81 percent of all defense-specific contractor employment.

As a region heavily reliant upon defense spending, uncertainty surrounding the federal defense budget poses a potential threat to the region’s essential network of defense contractors and, more broadly, the regional economy. In order to better understand and support the local defense cluster, a survey of defense contractors in the region was conducted to gauge perceptions of the business climate, with the ultimate goal of informing the development of specific programs designed to enhance the resiliency of local companies.

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Community Profile: City of Vista

Summary

The City of Vista, located along North San Diego County’s 78 Corridor, is home to nearly 102,000 people spread across nearly 30,150 households. While accounting for only 3.1 percent of the San Diego region’s population, Vista is one of the faster growing cities in the region. Since 2010, the City has grown by 8.0 percent – a higher rate than the San Diego region as a whole – earning a spot as the seventh fastest growing city in the region between 2010 and 2016. Looking ahead, the Vista’s population is projected to grow by an additional 2.1 percent – approximately 2,096 people – by 2025.

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Imagine San Diego: Amazon HQ2 Proposal

Summary

San Diego is where California began: The place where the idea and the promise of California came to life. Since then, it has remained a place for pioneers, innovators, risk takers, entrepreneurs and people who change the world. San Diego is a reflection of Amazon’s Leadership Principles. Our world-class UC San Diego computer science program, which graduates more women engineers than any other university in the U.S., shows our passion to learn and be curious. We are thought leaders and are right a lot in embedded devices, unmanned systems, life sciences and machine learning. We move quickly and take bias for action in our burgeoning downtown tech startup scene. And in this proposal, we think big about how housing HQ2 in San Diego would be a game changer for both our region and for Amazon itself.

This proposal & report was produced by San Diego Regional EDC’s research team.

READ THE FULL PROPOSAL