March 19, 2010
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In the News

Healthy prospects for Michigan's $9.3 billion biosciences industry

Business Review Western Michigan, 2/12/2009

A recent Pharmaceutical Research and Manufacturers of America study illustrates the importance of growing the state's biosciences sector; thousands of its high-paying jobs are in Wayne and Oakland counties.

Excerpt:

Biosciences remains a "big business" in Michigan, accounting for nearly 100,000 jobs and generating $9.34 billion in economic impact, according to a new study…

Michigan "has the assets to support and grow bioscience," particularly with the presence of large research universities and initiatives such as the Tri-Technology Corridor, said University of Michigan researcher George Fulton, one of the study's authors.

Read the full story here.