BIO Report Outlines Economic Impact of Booming Life Sciences Industry – PharmaLive
The Biotechnology Innovation Organization (BIO) provides a glimpse of economic development in the biosciences ecosystem at the state and regional levels. The report, which was developed in partnership with the Council of State Bioscience Associations (CSBA), was released as an industry analysis in the wake of the COVID-19 pandemic and its impact on the overall economy.
The BIO report, “Driving the Bioscience Economy Forward During the COVID-19 Pandemic: Best Practices in State and Regional Economic Development Initiatives,” is the sixth edition of the study.
The biosciences industry remains one of the strongest in the United States, providing high-paying jobs and positively boosting the nation’s overall economy. States across the country are ramping up economic development efforts to reap the benefits of a booming industry, the Biotechnology Innovation Organization noted in its latest report.
The bioscience industry employs…
