SCBIO 2020 ANNUAL REPORT

LIFE SCIENCES IS ROARING IN SOUTH CAROLINA.

OUR VISION OUR MISSION
800+ firms in 42 counties.
BUILD THE NATION’S MOST INDUSTRY-FRIENDLY BUILD, ADVANCE, INNOVATE AND GROW THE Tens of thousands of citizens employed in high-paying jobs.
A rapidly growing multibillion-dollar economic impact annually.
AND INNOVATIVE LIFE SCIENCES LIFE SCIENCES INDUSTRY IN SOUTH CAROLINA –
AS THE STATE’S ONLY EXCLUSIVELY FOCUSED The momentum is undeniable. SCBIO is honored to lead the industry forward as the Palmetto
ECOSYSTEM AND BUSINESS ENVIRONMENT
State’s exclusive life sciences economic development organization and industry association.
TO FUEL THE KNOWLEDGE ECONOMY LIFE SCIENCES INDUSTRY ASSOCIATION AND This fastest-growing segment of our innovation economy will continue as a powerful driver of
IN SOUTH CAROLINA. ECONOMIC DEVELOPMENT ORGANIZATION. innovation, new investment, job creation, economic diversification, and quality of life.

We are passionate about our mission to build, advance, innovate and grow the life
sciences industry and ecosystem in South Carolina, and undertake this bold journey every
day – shoulder to shoulder with extraordinary partners, collaborators and stakeholders.
Truly, The Power of Us.

22 WestEdge
Home of SCBIO’s Charleston Office
Courtesy of Brennan Wesley
While 2020 will forever be remembered as the year of an unmerciful global pandemic, our
stakeholders heroically rose to the challenge, creating a pathway to brighter days – loaded
with new and promising opportunities. A true silver lining that we will build on and leverage.
Our deepest gratitude goes out to the extraordinary Board, committed Investors, and the
many energized Members who provide the fuel, expertise, and passion that made 2020 the
most successful year in SCBIO history.

Heartfelt thanks – and onward into 2021.

Respectfully,

“The extraordinary growth of life sciences is changing the face of South Carolina, creating jobs and improving quality SCBIO CEO
of life, through innovation and advanced manufacturing. Nephron is proud to call this special state our home.” Sam Konduros and
Sam Konduros
Lou Kennedy, CEO, Nephron Pharmaceuticals COO Erin Ford
President & CEO, SCBIO
L I F E S C I E N C E S I S A D R I V E R O F S O U T H C A R O L I N A’ S E C O N O M Y THE SC LIFE SCIENCES ECOSYSTEM IS FLOURISHING
Since 2005, employment in the SC life sciences sector has grown at double the rate of SC as a whole Since 2017, life sciences is SC’s fastest growing industry sector

#1 876
LIFE SCIENCES COMPANIES
FASTEST GROWING SEGMENT 190 IN ECOSYSTEM SUPPORT
OF SOUTH CAROLINA’S
KNOWLEDGE ECONOMY

42 OF 46
LIFE SCIENCES HAS A PRESENCE
IN 42 OF 46 COUNTIES

$12B
ANNUAL ECONOMIC IMPACT

$78,658 TOP: Nephron Pharmaceuticals

AVERAGE WAGE (SC AVG. $44,380) MID: Vikor Scientific
Bottom: Softbox Systems
 SCBIO REVENUE
MAJOR MILESTONES $766K

Led successful industry, organizational pivots during pandemic $582K

$195K
Strongest revenue, liquidity position ever despite pandemic
2016 2018 2020
Surging growth of SCBIO members, allies, students
MEMBER & INVESTOR GROWTH
Convene, engage stakeholders over 50 times per year MEMBERS

MEMBERS 138 140

Created dozens of webinars with national, state leaders

MEMBERS
120 112
107
120

72 INVESTORS
100
MEMBERS

64 64 INVESTORS 80

Established and launched new Innovation Platform INVESTORS

42
60

40
INVESTORS 20

New economic development task force; multiple active projects 2017 2018 2019 2020
0

Record number of industry/executive/elected official meetings INDUSTRY DATABASE GROWTH

Expanded Voice of Business, industry advocacy roles 3986

2506
Workforce initiative added curriculum development, job board
1350
Launched new Diversity, Equity and Inclusion initiative 800
Launched new SC Life Sciences Women’s Leadership initiative 2017 2018 2019 2020
SCBIO’S MISSION HAS BEEN UPDATED & VALIDATED SCBIO IN ACTION: RESPONDING TO COVID-19

Build, Advance, Innovate, and Grow HEALTH &

WELLNESS
Launch PPE portal…Connect clinicians/researchers/industry…
FDA navigation support… support/promote COVID testing

South Carolina’s Life Sciences Industry LEADERSHIP and vaccine trials

B U I L D
ECOSYSTEM
Convene SC Industry
Develop Infrastructure
Create Partnerships
Develop Workforce / Talent
Data / Assets / Root Issues
A D V A N C E
INDUSTRY / ECONOMY
SC Companies
Social Responsibility/Diversity
Integrated Marketing
Next Gen Policies
Strategic Planning
LEAD & SUPPORT Virtualize global & domestic marketing and meetings… expand
ECONOMIC major project support… launch Innovation Platform and
I N N O V A T E DEVELOPMENT
PROJECTS &
Economic Dev. task force… initiate onshoring/repatriation plans
INITIATIVES
SOLUTIONS
Technologies
Launch COVID portal… ongoing high-impact national
Foster Start-ups COMMUNICATIONS, & state leader webinar series… triple industry
CONNECTIONS,
communications… virtualize Boot Camp…
Transform Healthcare CONTINUING
SC Helps and Crush COVID campaigns…
EDUCATION
Fuel Knowledge Economy
All About the Future
Expand Careers portal… launch job board for industry…
EXPANDED TALENT connect students with industry… add Women’s Leadership
& WORKFORCE initiative… formalize Diversity, Equity & Inclusion efforts
INITIATIVES

GROW (RESULTS)
Expand Economic Impact | Broaden Industry Base | Impact More People PROACTIVE
Expand engagement with state and national officials/
partners… expand troubleshooting & problem-solving
ADVOCACY FOR for industry…advance franchise tax legislation…
THE INDUSTRY pursue line-item legislative funding
 SCBIO 501C3 BOARD OF DIRECTORS

SCBIO 501C6 BOARD OF DIRECTORS SAM KONDUROS

CEO & Chair
SCBIO
LOU KENNEDY JOHN CARRINGTON WILL HARMS
SCBIO Board Chair SCBIO Industry Officer BlueCross BlueShield of SC CHRIS PRZIREMBEL, Ph.D.
Nephron Pharmaceuticals ZVerse, Inc. Vice Chair
Clemson University - Emeritus
CHARLES JOHNSON
TUSHAR CHIKHLIKER SAM KONDUROS Corsica Technologies
SCBIO Vice Chair President & CEO KATHRYN BECKER
Nexsen Pruet SCBIO Secretary
DAVID KING Translational Science Solutions, LLC
Central Carolina Alliance
THORNTON KIRBY RICH ALBERTI SHAWN REGAN
SCBIO Treasurer Medpoint Treasurer
SC Hospital Association ANGIE LEIDINGER
Rhythmlink International, LLC
Clemson University
SCOTTY BRANCH
DAN NODES Vikor Scientific SHONTAVIA JOHNSON
SCBIO Secretary CURTIS MCDONALD Talent/Education Officer
Charles River Labs Bristol-Myers Squibb Clemson University
MANDY BRAWLEY
SC Dept. of Commerce
JEFF STOVER MARC METCALF MATTHEW COUVILLION
SCBIO Legal Officer Upstate SC Alliance Legal Officer
Haynsworth Sinkler Boyd JEFF CAIN Wyche, P.A.
AVX
BOB QUINN
SCRA BRYAN DAVIS
DR. DAVID CULL
JAMES CHAVEZ Furman University
SCBIO Healthcare Officer
Prisma Health - Health Science Center SC Power Team
JOSH RIDLEY STEVE JOHNSON
ZEUS SCRA
SHEA HARRELSON STEVE CLEMONS
SCBIO Membership/Marketing Officer VitaLink Research
Vikor Scientific DR. ROBERT RYAN MICHAEL RUSNAK
Innova Therapeutics MUSC Fdtn. for Research Devel.
MATTHEW COUVILLION
MIKE GRANEY Wyche, P.A. CRAIG WALKER
SCBIO Economic Development Officer FRANCIS SCHODOWSKI Hitachi Healthcare Americas
Charleston Regl. Devel. Alliance Columbia College
JJ DARBY
Johnson & Johnson
DR. STEPHEN CUTLER DAVE SHALABY SCBIO STAFF
SCBIO Talent/Workforce Officer Poly-Med, Inc.
USC College of Pharmacy DEEPAL ELIATAMBY
SAM KONDUROS ERIN FORD
Alliance Consulting Engineers
GARY THOMPSON President and CEO Executive VP & COO
CAROLINE BROWN Abbott
SCBIO Annual Conference Chair ALISSA FLEMING ZACH HARGETT MORGAN NICHOLS
MUSC Womble Bond Dickinson Technology & Innovation Corp. Affairs & Investor
WILL WILLIAMS Manager Relations Manager
Economic Devel. Partnership
ANTHONY HERRERA CHAD HARDAWAY
SCBIO Innovation & Diversity Officer University of South Carolina SAM PATRICK AMANDA LEMATTY
Furman University CYNTHIA YOUNG, PH.D. Marketing Director Senior Intern
Clemson University
JOEY MOTT ASHLEA WILLIS
Intern Intern
 OFFICES IN
GREENVILLE • COLUMBIA • CHARLESTON
SOUTH CAROLINA, USA

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