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biotech industry

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How Big is Biotech?

A simple web search says biotech is really big. One estimate indicates that the industry will have $400 billion in sales in 2017 with growth to over $775 billion by 2024 [1]. Another report suggests there are over 77,000 employers [2]. That’s big, but is it real, and what you can do with this information?…

I learned via e-mail yesterday that the biotechnology program, that I taught with for ten years during the 90’s, is ending due to low enrollments. I also learned yesterday, via the Seattle Times, that a resurrected version of ICOS called CMC Icos Biologics is planning a $35M expansion of their biotech manufacturing plant in Bothell…

Workforce shortages are a growing problem in the biotech industry. Communities are concerned that a lack of trained workers will either keep companies away or cause companies to move. If companies do have to move, it’s likely those jobs might be lost forever, never to return. According to Robert Reich, former U.S. secretary of labor,…