The Kansas Bioscience Authority invests in companies and universities working in bioscience sectors where Kansas has established leadership and expertise and the resources needed to benefit from new opportunities:
This animal health sector involves the production, marketing and use of domestic animals in agriculture, entertainment and companionship. Kansas is part of the renowned Kansas City Animal Health Corridor, home to one-third of the world’s animal health industry. With its investments, the KBA seeks to leverage these strengths by attracting new animal health companies and expanding existing ones, encouraging research collaborations that will lead to novel products, and build the foreign animal disease expertise that led to Kansas’ selection as the site of the National Bio and Agro-Defense Facility.
This sector encompasses work to safeguard and improve health with new drugs, therapies, and medical devices. Kansas’ robust human health sector, from basic research to drug and device innovation to outstanding clinical care, provides benefits to Kansans and others worldwide. The KBA looks for investments that will bring drugs and devices to market faster and less expensively than traditional methods, provide new ways to diagnose disease, and boost the state’s economy by attracting a growing share of the federal government’s research investment.
Work in this sector focuses on creating fuel and chemicals out of biological material, often plant matter such as corn or switchgrass. Bioenergy products are easier on the environment and can help wean our nation from oil dependency. In this sector, the KBA seeks to invest in ways that will develop the supply chain of feedstocks for bioenergy production, drive collaborations that will lead to new businesses and products, and help bioenergy producers become profitable, sustainable enterprises.
Kansas is known for its strong agricultural sector. Agriculture and products derived from crops will continue to play a key role in the state’s economy, particularly in rural communities. These industries have a global reach, too — Kansas’ agricultural roots prime the state for advances in plant biology to help feed and clothe the world. The KBA seeks investments that advance new technologies, support innovative research, create new jobs and further advance Kansas’ leadership in these sectors.
Nationwide, bioscience is a high-growth industry. In fact, the U.S. Department of Labor projects the biosciences will be one of the fastest-growing sectors of the overall economy through 2018.
According to the Battelle State Bioscience Initiatives Report 2012: