The document summarizes key facts about Georgia's life sciences industry including its large economic impact, high paying jobs, and status as the fastest growing industry sector between 2001-2007. It notes the industry has over 300 companies in pharmaceuticals, biotechnology, medical devices, and other areas with over $8 billion in annual product sales and hundreds of products in development. The document emphasizes the importance of having a clear vision, exploiting competitive advantages, focusing on opportunities rather than crises, and crafting a sustainable organization to ensure long term success and avoid mediocrity.