|8 June 2016|


America’s bioscience sector is booming and driving the innovation economy, according to a new report.

The report, The Value of Bioscience Innovation in Growing Jobs and Improving Quality of Life 2016, released yesterday during the second day of the BIO International Convention.

“This report highlights the long-term expansion of our industry and the significant impact of the highpaying jobs that come with developing the innovative technologies that are helping to heal, fuel and feed the world. These biotech jobs are a critical economic component to states and local communities across the nation,” said Jim Greenwood, President and CEO of the Biotechnology Innovation Organization.

Ryan Helwig, Principal and Project Director with TEConomy Partners, added: “The bioscience industry continues to prove its economic value by driving US economic growth through innovation, but beyond this economic value, the industry is contributing value to patients every day through improvements to their quality of life.”