While the EDC continues to support the growth of historically strong industries, such as aerospace & defense and digital media, we are constantly looking for new opportunities to diversify our future economy. We believe that one such opportunity lies within our existing specialty pharmacy subsector of life sciences. This $320 billion industry has recently emerged as the most dynamic sector of the pharmaceutical industry and Central Florida has quietly become the nation's leader and distribution hub. Orlando is already home to a handful of the top 15 specialty pharmacies in the nation, including Aetna, CuraScript, Prime Therapeutics and Walgreens. With over 3,000 employees and more specialty pharmacists than anywhere else in the world, the job growth potential for this industry is tremendous.
There has been a high volume of recent project activity in this industry. Like any fast growing industry, there are going to be growing pains, including talent availability and recruitment. The EDC, together with academic institutions and other community partners, is first and foremost committed to helping our already established pharmacies succeed. We are hosting focus groups to discuss talent recruitment and development strategy and provide educational support that will lead to the development of a robust workforce. We are engaged in ongoing dialogue with local specialty pharmacy consultant, Therigy, who is producing a white paper focused on Metro Orlando's specialty pharmacy industry.
As part of our approach to grow the industry, economic development partners from Progress Energy and the University of Central Florida joined members of the EDC's business development team, representing Metro Orlando at the Armada Specialty Pharmacy Summit. The Summit drew over 2,000 specialty pharmacy stakeholders and attendees from across the nation. The group received a lot of attention, as the first economic development organization to ever attend this summit. Representatives from local pharmacies were thrilled to see Orlando represented and thanked our team for participating. The team's time paid off in new project leads, future projects and a better understanding of what it will take to grow this industry.
The EDC's business development team also spent time courting corporate real estate executives and energy executives.
- CoreNet Global, the leading professional association for corporate real estate and workplace executives, held its annual Global Summit in San Diego with nearly 2,000 top corporate real estate decision-makers. The EDC was there along with Enterprise Florida to meet with site selection consultants and corporate real estate professionals, including hosting a special "FLAmingle" event at the San Diego Zoo encouraging attendees at the Global Summit to attend CoreNet Global's conference to be held in Orlando this October.
- The World Congress on Industrial Biotechnology and Bioprocessing, the world's largest industrial biotechnology event with more than 1,000 business leaders, investors and policy makers in biofuels, bio-based products, and renewable chemicals met. For the first time, the EDC attended the conference resulting in strengthened industry contacts and a deeper understanding of energy issues that will help in targeting this important sector.