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Article: Ohio Bioscience and Healthcare Economic Impact near $150 Billion.
- Article from:
- Business Wire
- Article date:
- December 18, 2007
CopyrightCOPYRIGHT 2007 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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More Than 800 Bioscience-Related Entities Counted in State
COLUMBUS, Ohio -- A report released by BioOhio today indicates the growing importance of bioscience to the state's economy.
In 2006, the overall economic impact of Ohio-based bioscience was $146 billion, representing 17.6% of Ohio's total economic output. Bioscience also directly and indirectly sustained 1.2 million jobs in Ohio as of 2006. BioOhio teamed with consulting firm Tripp Umbach and employed the IMPLAN input-output model to estimate the impact of bioscience economic events in the state of Ohio.
BioOhio's comprehensive definition of the bioscience industry includes three ...