Life SciencesLife SciencesIn North AlabamaIn North Alabama

OverviewOverview

•Research InstituteResearch Institute•Existing IndustryExisting Industry•Cost of Doing BusinessCost of Doing Business•University SupportUniversity Support•WorkforceWorkforce•EducationEducation•Venture CapitalVenture Capital•Quality of LifeQuality of Life•North Alabama EconomyNorth Alabama Economy

•$130 Million Dollar Investment from the State of $130 Million Dollar Investment from the State of Alabama and Private Investors.Alabama and Private Investors.

•900 Biotechnology Jobs.900 Biotechnology Jobs.

•Mission is for researchers to collaborate with local Mission is for researchers to collaborate with local companies to bring new discoveries to market.companies to bring new discoveries to market.

•8 to 10 companies to be located on campus.8 to 10 companies to be located on campus.

•Due to Open by Fall 2007.Due to Open by Fall 2007.

North Alabama’sNorth Alabama’sExisting Life Sciences Industry:Existing Life Sciences Industry:

Monte SanoPharmaceuticals

•14 Companies Employing More14 Companies Employing Morethan 1,000 People.than 1,000 People.

•Covering pharmaceutical manufacturing,Covering pharmaceutical manufacturing,biotechnology research, diagnosticsbiotechnology research, diagnosticsand medical device production.and medical device production.

Cost of Doing Business:Cost of Doing Business:

Forbes RanksForbes Ranks

Huntsville Huntsville #11#11Lowest Cost ofLowest Cost ofDoing BusinessDoing Business

AlabamaAlabamaCapital InvestmentCapital Investment

Tax Credit can eliminateTax Credit can eliminateState Income TaxState Income Tax

Low Cost of Low Cost of LivingLiving

-20

-10

0

10

20

30

40

50

60

National AverageHuntsville

Boston

San Diego

-10%-10%

+35%+35%

+50%+50%

0

5

10

15

20

25

30

35

Low Office Space RatesLow Office Space Rates

Huntsville Boston San Diego

$16.00$16.00/sq. ft./sq. ft.

$29.44$29.44/sq. ft./sq. ft.

$34.20$34.20/sq. ft./sq. ft.

University Support:University Support:•The University of Alabama in Huntsville (UAH) offersThe University of Alabama in Huntsville (UAH) offersdegrees in Biology, Biochemistry, Molecular & Cell Biology,degrees in Biology, Biochemistry, Molecular & Cell Biology,Biology Sciences, Physics, Marine Science, Chemistry,Biology Sciences, Physics, Marine Science, Chemistry,Biochemistry, Chemical Physics and Environmental Biology.Biochemistry, Chemical Physics and Environmental Biology.

•UAH has Masters and Doctorate Programs inUAH has Masters and Doctorate Programs inBiotechnology Science and EngineeringBiotechnology Science and Engineering

•The UAH laboratory for structural biology offers an excellent x-ray The UAH laboratory for structural biology offers an excellent x-ray diffraction facility and molecular biology facility for protein expression. diffraction facility and molecular biology facility for protein expression. It is part of the Alabama Structural Biology Consortium.It is part of the Alabama Structural Biology Consortium.

•UAH partners with BizTech a high tech company incubator that offers UAH partners with BizTech a high tech company incubator that offers lab space.lab space.

•Calhoun Community College offers Associate of Science Degrees in Calhoun Community College offers Associate of Science Degrees in Pre-Medicine, Pre-Nursing, and Pre-Pharmacology with course in Pre-Medicine, Pre-Nursing, and Pre-Pharmacology with course in Biology, Chemistry, Physics, and Natural Science. Biology, Chemistry, Physics, and Natural Science. 

Workforce:Workforce:

CategoryCategory PercentPercent U.S. RankU.S. Rank

Employed in Engineering, Math or Computers 11.9% #1

Employed in Professional Scientific, Technical Services, or Engineering

15.1% #2

25 and older with a college degree

37.8% #19

25 and older with a doctorate degree

1.5% #31

•One out of 12 residents in the HuntsvilleOne out of 12 residents in the Huntsvillearea is a scientist, engineer or technologist.area is a scientist, engineer or technologist.

Education:Education:

Grades 3 4 5 6 7 8

North North AlabamaAlabama 5555 6565 5959 5454 5858 5656

U.S. 50 50 50 50 50 50

Stanford Achievement Test Scores:Stanford Achievement Test Scores:

•North Alabama schools regularly outperformNorth Alabama schools regularly outperformthe National Average in standardized test scores.the National Average in standardized test scores.

•Hudson-Alpha Institute for Biotechnology willHudson-Alpha Institute for Biotechnology willprovide distance learning for area school children.provide distance learning for area school children.

Alabama Venture Capital:Alabama Venture Capital:

•80 Million Dollar Private Investment for Hudson-Alpha80 Million Dollar Private Investment for Hudson-AlphaInstitute for BiotechnologyInstitute for Biotechnology

•Southeastern Technology Fund – founded in Huntsville,Southeastern Technology Fund – founded in Huntsville,includes 2 funds totaling $115 million in committed capital.includes 2 funds totaling $115 million in committed capital.

•Redmont Venture Partners – based in Alabama this fundRedmont Venture Partners – based in Alabama this fundspecializes in Life Science start-ups.specializes in Life Science start-ups.

•Other Alabama Venture Capital Firms investing in bio include: Other Alabama Venture Capital Firms investing in bio include: Bonaventure Capital, Greer Capital Advisors, Harbert Bonaventure Capital, Greer Capital Advisors, Harbert Management Corp., Hickory Ventures, New Capital Partners, Management Corp., Hickory Ventures, New Capital Partners, Tullis Dickerson.Tullis Dickerson.

•More than $400 million available for bio investment.More than $400 million available for bio investment.

Quality of Life:Quality of Life:

•Average High Temperature: 71Average High Temperature: 71°°•Average Low Temperature: 50Average Low Temperature: 50°°•Average Yearly Snowfall: .4 inchesAverage Yearly Snowfall: .4 inches

•The Tennessee River and surrounding foot hills of The Tennessee River and surrounding foot hills of the Appalachian Mountains provide a beautiful the Appalachian Mountains provide a beautiful landscape and a great outdoor activity life.landscape and a great outdoor activity life.

•The area has several museums and attractions The area has several museums and attractions including the U.S. Space & Rocket Center, The including the U.S. Space & Rocket Center, The Alabama Music Hall of Fame, hands-on Children’s Alabama Music Hall of Fame, hands-on Children’s Museums and an Art Museum.Museums and an Art Museum.

North Alabama Economy:North Alabama Economy:

•12 Northern Most Counties•Covering the TVA Service Area•Home to NASA and US ArmyMissile Research

Unemployment Rate: 3.9%Workforce: 501,906Unemployed: 19,715Per Capita Income: $21,764Avg. Household Income: $53,454

North Alabama

Tate Godfrey, President/ CEOTate Godfrey, President/ CEOCindy Burns, Vice-PresidentCindy Burns, Vice-President

Jason Wright, Snr. Project Mngr.Jason Wright, Snr. Project Mngr.Garrett Sheehan, Project Mngr.Garrett Sheehan, Project Mngr.

1-800-669-94501-800-669-9450naida@naida.comnaida@naida.com