Bioscience ClusterNational Bioscience Cluster
The Bioscience industry cluster involves the production of medical instruments, medical devices, pharmaceuticals and bioscience. The Bioscience industry is one of the most research-intensive industries in the world. In 2003 the U.S. Bioscience industry spent $17.9 billion on research and development. The Bioscience industry has seen a large amount of growth and interest recently as bioscience companies have made scientific advances and consumers have embraced the benefits offered by this industry. National OutlookThe Bioscience industry has grown significantly since 1992. U.S. health-care bioscience revenues have increased from $8 billion in 1992 to $39 billion in 2003. The Bioscience industry produces a variety of products including:
The Bioscience industry is regulated by the U.S. Food and Drug Administration (FDA), the Environmental Protection Agency (EPA), and the Department of Agriculture (USDA). Document DownloadDownload the entire Target Industry Report (PDF 8MB). |
|