Southern Oregon Bioscience Industry Consortium (SOBIC)
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February 25, 2009
U.S. Economic Impact of Advanced Biofuels Production
A new report by Bio Economic Research Associates (bio-era™), U.S. Economic Impact of Advanced Biofuels Production: Perspectives to 2030, shows that continuing to build advanced biofuels production capacity can create thousands of new jobs throughout the economy, contributing to U.S. economic growth and increasing energy security.
Read the report
Read the BIO news release
Listen to the podcast news conference
From BIO/Biotechnology Industry Organization .
January 22, 2009
A new economic impact study shows biotechnology, life sciences and medical research contribute billions of dollars in direct revenue to Oregon's economy, and local biotech workers earn higher wages.
The study shows that despite Oregon's recessionary slump, the brightest news is the previously underestimated economic impact of Oregon's bioscience industry. Released January 22, 2009, the industry's first comprehensive economic analysis shows the sector contributed nearly $3.5 billion in direct revenue, more than 13,630 jobs and $800 million in biotech workers' personal income to the state economy in 2007. This is three times greater than the economic impact of the local wine industry, two times greater the number of jobs of the agriculture and forestry support industry, and a top 25% ranking in industry-based, average wages, in 2007.
© 2007 - 2009
Updated: April 15, 2009
