Executive Summary of the Economic Impact Study: Profiling the Growth of Oregon’s Bioscience Industry, 2014
|Bioscience in Oregon is now not only at $10.3 billion statewide impact, the combined biotechnology and life science sectors are continuing in their steady and significant growth in employment, wages and overall economic activity that ripple through every sector of Oregon.
The new economic impact study shows bioscience in Oregon generates high-paying jobs, while bringing new money to the state through domestic and international exports. In 2014, the direct economic activity associated with Oregon’s bioscience industry includes:
On Wednesday, BIO released the largest ever study of clinical development success rates. The study, conducted in partnership with Amplion and Biomedtracker, recorded and analyzed 9,985 clinical and regulatory phase transitions, across 1,103 companies. Using clinical trial data from the past decade, “Clinical Development Success Rates 2006-2015” compares groups of diseases, drug modalities and other attributes to generate the most comprehensive analysis, to date, of biopharmaceutical R&D success. “This study provides a wealth of information about drug development success rates Read More >
This morning, in a letter to the editor of the New York Times, Marilyn Tavenner, President and CEO of America’s Health Insurance Plans (AHIP), attempted to lay the blame for higher healthcare costs and insurance premiums at the feet of America’s cutting-edge biopharma companies. AHIP has been peddling these falsehoods and misinformation for years. Tavenner’s (and her organization’s) claims are—at best—uninformed. At worst, they are outright distortions deployed to hide the facts from patients who Read More >
“40% of food grown in U.S. is wasted.” – House Ag Commitee Chairman Conaway On Wednesday, May 25, 2016, the House Committee on Agriculture held a hearing to examine what voluntary efforts can be done to address the issue of food waste. The hearing was titled Food Waste from Field to Table and witnesses included Rep. Chellie Pingree (D-Maine), along with several other experts on the issue. Ms. Dana Gunders, Senior Scientist, Food & Agriculture Program, National Resources Defense Read More >