Ohio bioscience industry generates $148B impact
Ohio’s bioscience industry generated a $148 billion economic impact — or 15.7 percent of the state’s total economic output — during 2007, according to BioOhio’s 2007-2008 Ohio Bioscience Growth Report.The industry, consisting of commercial bioscience firms, hospitals and healthcare providers, and medical colleges, was also responsible for directly or indirectly generating 1.4 million jobs.The report also shows that funding for research, company formation and company expansion in 2007 rose nearly twofold over 2006 totals, with $2.5 billion invested across the state.As of December 2008, 1,141 bioscience-related industries were operating in Ohio, an increase of 39.5 percent over 2007.Read the full release here, or check out the PDF report here.
Ohio’s bioscience industry generated a $148 billion economic impact — or 15.7 percent of the state’s total economic output — during 2007, according to BioOhio’s 2007-2008 Ohio Bioscience Growth Report.
The industry, consisting of commercial bioscience firms, hospitals and healthcare providers, and medical colleges, was also responsible for directly or indirectly generating 1.4 million jobs.
The report also shows that funding for research, company formation and company expansion in 2007 rose nearly twofold over 2006 totals, with $2.5 billion invested across the state.
As of December 2008, 1,141 bioscience-related industries were operating in Ohio, an increase of 39.5 percent over 2007.
Read the full release here, or check out the PDF report here.
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