Maryland 'We Work for Health' Calls on Elected Officials to Focus on Medical Research and Innovation to Bolster Economy and ... ( ANNAPOLIS Md. March 19 -- Members fr...)

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Maryland 'We Work for Health' Calls on Elected Officials to Focus on Medical Research and Innovation to Bolster Economy and Find Cures

Date:3/19/2009

ANNAPOLIS, Md., March 19 /PRNewswire-USNewswire/ -- Members from local business, labor, academic and health care groups, including John Hurson, former Chairman of the Maryland House of Delegates Health & Government Operations Committee, today introduced We Work for Health of Maryland -- a unique network of partners dedicated to protecting and fostering medical research and innovation in the United States and in Maryland.

"New advancements in medicine, improved health status, countless jobs and steady economic growth have all resulted from continued efforts to further medical innovation," said Hurson, the Maryland We Work for Health co-Chairman. "The diverse members of We Work for Health of Maryland understand -- and applaud state and federal elected officials who understand -- that Maryland's future prosperity and the health of its citizens will largely depend on becoming an innovation economy and maintaining a lead role in scientific, technological and medical research and innovation."

According to a recent study by Archstone Consulting, the medical research and innovation sector provides employment for millions of Americans who research, manufacture, distribute and promote innovative therapies that positively influence public health and quality of life. Local businesses have also felt the ripple effect of these employment opportunities. Study author Michael Eckstut, Principal and Life Sciences and Strategy Practice Leader, Archstone Consulting, commented, "Our research indicates that the biopharmaceutical sector has made a substantial contribution to U.S. economic growth, and that on average, this sector contributed more to GDP on a per employee basis and grew faster than the rest of the economy from 1996 to 2006."

The study found:

Biopharmaceutical companies supported a total of 89,675 jobs in Maryland in 2006.
Direct biopharmaceutical wages in Marylan
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