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Article: Ohio Bioscience and Healthcare Industry Impact: $148 Billion.
- Article from:
- Biotech Week
- Article date:
- January 28, 2009
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A report published by BioOhio today reveals the importance of bioscience and health care to OhioEs economic recovery (see also BioOhio).
In 2007, the overall economic impact of Ohio-based bioscience was $148.2 billion, representing 15.7% of OhioEs total economic output. Bioscience also directly and indirectly generated 1.4 million jobs in Ohio in 2007. BioOhio teamed with consulting firm Tripp Umbach, which employed the IMPLAN input-output model to estimate the impact of bioscience economic events in the state of Ohio.
BioOhioEs comprehensive definition of the bioscience industry includes three integrated sectors: commercial bioscience entities, ...