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The Biotechnology Industry Organization Honors Georgia Governor Sonny Perdue as Governor of the Year
Date:4/23/2009

the 2009 Shaping Infinity report, produced by GeorgiaBio in association with the Selig Center for Economic Growth at the Terry College of Business, includes the first-ever economic impact study of the life sciences industry in Georgia. The key finding of the study is that Georgia's life sciences companies contribute substantial economic activity to the state: one out of every 68 jobs in Georgia owes its existence to the life sciences industry and university research.

The industry is both a pillar of and a driver of the state's economy, translating into jobs, higher incomes, greater production of goods and services, and higher revenue collections for state and local government. The study reveals that Georgia's life sciences industry and research at the state's universities are responsible for:

  • 62,033 jobs
  • $17.3 billion in annual economic impact.
  • $517 million in tax revenues for state and local governments

The BIO International Convention, hosted by the Biotechnology Industry Organization (BIO), will take place May 18-21, 2009, in Atlanta. This year, the Convention program will feature more than 170 sessions in 22 breakout session tracks. Sessions will address the most pressing issues facing biotech today, including healthcare pricing and access, capital formation and partnering strategies in a tight credit environment, and climate change and biofuels.

In addition, this year's BIO Exhibition will cover will cover an estimated 200,000 net sq. ft. and host more than 2,000 exhibitors.

To register for the BIO International Convention, please visit http://convention.bio.org/.

Advanced media registration will be available online through May 8, 2009. To re
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SOURCE Biotechnology Industry Organization
Copyright©2009 PR Newswire.
All rights reserved

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