BIO issues eighth biennial report on industry

The Biotechnology Innovation Organization, better known as BIO, has issued a new report titled “Investment, Innovation and Job Creation in a Growing U.S. Bioscience Industry.” In a news release accompanying the report, the organization noted that this was the eighth biennial report focused “on the economic progress and footprint of the industry geographically including the performance, positioning and latest trends in the bioscience industry for the nation, states and metropolitan areas. For the first time, it includes a national assessment of the full economic impact of the bioscience industry not only in terms of employment, but also with respect to economic output and fiscal impacts. In addition, the report details the nation’s academic research activities and trends in federal funding, access to critical angel and venture capital and the innovation outputs context via patent activities.”

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