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Business study goal: Encourage innovation, create jobs

February 10, 2010 /

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The pharmaceutical industry, led by Johnson & Johnson, wants to update a 2004 study of life sciences in Iowa with an eye toward spurring innovation, an executive of the worldwide medical company and local officials said Tuesday.

To identify similar life-science opportunities ripe for growth, the pharmaceutical industry will pay the Battelle Memorial Institute of Columbus, Ohio, to spend six months updating its 2004 study of Iowa’s biotech industries and research.

The study said Iowa could create up to 130 bioscience businesses with 5,100 high-paying jobs, if the state was willing to spend up to $300 million during the next 10 years.

By DAVID ELBERT • [email protected]

Full Story: http://www.desmoinesregister.com/article/20100210/BUSINESS/2100382/1029/archive/Business-study-goal-Encourage-innovation-create-jobs

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The Kalispell Chamber of Commerce is the longest-standing and leading advocate for the Flathead Valley community and business climate.

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Montana Bioscience Cluster Initiative - Collaborative program design and execution and integrated programs fostering innovation, technology commercialization, entrepreneurship and sustainable small businesses
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