Biotech can give our economy the boost it needs — if we let it
GUEST COLUMN, Patrick Plues, Biotech Innovation Org.
The key to a stronger, more vibrant, and more secure American economy could be staring us right in the face. A groundbreaking new report circulating in Washington reveals that one of America’s leading industries still has untapped potential to drive job creation, competitiveness, and long-term economic growth.
That sector? Biotech. America’s biotech industry already contributes $3.2 trillion to the economy -- but could add much more with the right reforms. Healthcare spending accounts for more than 17 percent of U.S. gross domestic product, and life-science companies are uniquely positioned to curb those costs.


