Breaking News from BIO 2018: BIO/TEConomy

Breaking News from BIO 2018: BIO/TEConomy

6 years ago
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https://www.businesswire.com/news/home/20180605006799/en/

BOSTON--(BUSINESS WIRE)--Jun 5, 2018--New Jersey is being touted as a national leader at the BIO International Convention, taking place this week in Boston. Released in a session earlier today, BIO/TEConomy's report " Investment, Innovation and Job Creation in a Growing U.S. Biosciences Industry " outlines the status of the industry and where biosciences jobs are nationally. The study details each of the biosciences subsectors including, biotechnology, healthcare, agriculture and industrial applications.

In the report, New Jersey was cited among the national leaders in the biosciences with a "very large, highly specialized and diverse industry base". The number of New Jersey employees grew by 2.6% from 2014 through 2016 to nearly 94,000 jobs across 2,897 business establishments despite contraction in the number of pharmaceutical sector jobs. The total number of establishments grew by 9.2% during the same period.

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