Montana offers entrepreneurs and early venture companies in the bioscience field a powerful asset base of resources to leverage, including nationally significant research facilities and a strong peer network.
There are currently more than 2500 Montanans employed at 354 bioscience businesses and research organizations across the state. Our private sector bioscience network includes some industry heavyweights like GlaxoSmithKline (GSK) and Takeda Vaccines. In 2007 GSK opened a $137 million vaccine development facility in Hamilton, Montana, and now employs over 100 talented scientists and researchers. East of the Continental Divide, the Bozeman-born vaccine development company LigoCyte was acquired by Takeda for $60 million. Takeda is a global company with 18 research centers throughout the world, conducting business in 70 countries, with over 200 years of history and over 30,000 employees.
In the public sector, the National Institutes of Health has been a powerful ally to our thriving bioscience industry. Between 2004 and 2009, NIH awarded $44.3 million to Montana bioscience companies, and in FY 2013 alone eight Montana businesses received NIH funding totaling $6.2 million for research and development of technologies with potential commercial applications. We also have world-class research universities to thank for robust growth in the bioscience-related economy over the past ten years. Institutions like the Center for BioFilm Engineering at MSU and the Montana Neuroscience Institute Foundation at the University of Montana have garnered nearly $22 million in NIH funding alone. The impacts of our public sector bioscience assets are compounded by the presence of global institutions such as NIH’s state-of-the-art biomedical research facility, Rocky Mountain Labs, in Hamilton, the International Heart Institute of Montana in Missoula, and McLaughlin Research Institute for Biomedical Sciences in Great Falls.
The Montana Bioscience Alliance founded in 2004 serves as the hub for Montana’s life science companies and entrepreneurs. The Alliance’s mission is to commercialize, grow and sustain globally competitive bioscience companies – and ultimately to create high-quality jobs and economic opportunity in Montana. From your first days in Montana, the members of the MBA would be available to help you find the right people for your team, the right space for your facility, and funding sources like SBIR and STTR grants that can take your venture to the next level of success.