Accelerating Drug Discovery in Oregon
Never before has OTRADI's work been more crucial. Global developments, market trends and Oregon's growing ability to play a significant role in the international bioscience sector make this the ideal time for OTRADI's emergence as a signature research center.
Oregon opportunity
According to the state's Bioscience Initiatives 2008 report, Oregon has 9,562 direct jobs in the bioscience industry, with an employment multiplier impact of an additional 26,912 jobs. Since 2001, academic research and development expenditures in the biosciences increased 44 percent, and National Institutes of Health funding for Oregon's biosciences increased 19 percent, totaling $277 million in fiscal year 2007.
OTRADI's role
OTRADI provides the previously missing components: a state-of-the-art translational facility, as well as high-throughput drug screening, and commercialization capabilities - necessary to translate Oregon's university research into tomorrow's drugs, vaccines, and diagnostics. In addition, OTRADI is building a library of potential therapeutic targets and chemical compounds that show promise as future development opportunities.