Report: Key indicators show Alabama bioscience industry expanding
Alabama’s bioscience industry is robust, and key indicators show the sector is growing to support new, high-paying jobs, according to a report from TEConomy Partners LLC and the Biotechnology Innovation Organization, or BIO. The “Value of Bioscience Innovation in Growing Jobs and Improving Quality of Life 2016” Report examines metrics including the number of employees…
Innovation Depot boosts biotech pipeline, entrepreneurial ecosystem
Birmingham’s Innovation Depot has played a key role in growing Alabama’s biotech industry, with standout facilities, strong ties to world-class researchers and an extensive network of contacts that help new firms make their mark in the field. The business incubator is home to a wide range of startups, but its benefits for biotech companies are…
Oxford Pharmaceuticals starts construction on Alabama generic drug plant
BIRMINGHAM, Alabama — Oxford Pharmaceuticals is closer to producing generic drugs in Alabama with a $29.4 million Birmingham plant that gives the state’s largest metro area a foothold in an important industry. Company officials joined elected and economic development officials Wednesday for a ceremonial groundbreaking at the plant site, though it was clear by the…
Trade mission adds to Alabama bioscience sector growth push
MONTGOMERY, Alabama – Officials believe the Alabama biosciences sector is poised for a healthy growth spurt after a weeklong trade mission to Europe added momentum to a strategic push to promote state bio companies and research organizations. An Alabama team of bioscience firms, research outfits, trade experts, and economic development officials returned Friday, Oct. 24,…
Emerging Alabama bioscience sector on display in Belgium
BRUSSELS, Belgium – The emerging Alabama bioscience sector is getting a close-up look in Belgium as part of a trade mission that aims to create opportunities for business connections, research partnerships, and new investment. Over the past two days, Alabama bioscience company leaders have displayed their products during presentations and joined with state economic development…
Alabama to promote bioscience sector on Europe trade mission
MONTGOMERY, Alabama – Commerce Secretary Greg Canfield will lead a business development and trade mission to Belgium and The Netherlands next week that showcases Alabama’s capabilities in bioscience and research. The Alabama delegation heading to Europe on the five-day mission beginning Monday is made up of bioscience companies, research organizations, trade experts, and economic development…
Alabama delegation builds connections at 2014 BIO International Convention
SAN DIEGO, California – An Alabama delegation comprised of biotechnology companies, research organizations and economic developers showcased the state’s capabilities at the 2014 BIO International Convention as part of an effort to create opportunities and expand the sector. Over three days at the global trade show, the Alabama team, led by the state Department of…
Evonik Corp. to open global Innovation Center in Birmingham
BIRMINGHAM, Alabama — Evonik Corp. said today it will open a global Innovation Center for research and development of medical devices and technology at the company’s Birmingham facility. The multimillion-dollar project will create up to 25 high-paying jobs, adding to Evonik’s current roster of 100 local employees. Housed at Evonik’s campus off Lakeshore Parkway, it is…
Alabama bioscience industry targeted for growth
BIRMINGHAM, Alabama – The Alabama bioscience industry already has strengths, but officials in the field have a strategy to expand the sector’s reach, just as state officials once did to nurture a fledgling automotive manufacturing industry into a top producer. Alabama’s current bioscience palette – according to BioAlabama, the state affiliate of the Biotechnology Industry…
