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Alabama’s robust bioscience sector steps into spotlight at BIO Alabama event

The bioscience industry has a far-reaching influence in communities across Alabama and beyond, a fact that’s been shown most recently in the fight against the COVID-19 pandemic.

The state’s researchers and entrepreneurs have stepped up in a major way, with contributions that support diagnostic testing, potential treatments and vaccine development.

The economic impact of Alabama’s bioscience industry is estimated at $7.3 billion. The sector encompasses 780 companies, 48,000 direct and indirect jobs, a $68,000 average annual salary and $1.3 billion in National Institutes of Health funding during a recent year.

Next week, industry leaders will discuss growing those numbers, as well as new opportunities for the breakthrough developments that drive them, at BIO Alabama’s virtual annual conference.

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Economic development projects to bring 510 new jobs to Huntsville area

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