Biotechnology industry is important to region Experts stress good jobs, growth as evidence of vital businesses in expanding scientific field By ERIC ANDERSON, Deputy business editor Taconic Farms just reached $100 million in sales. Employment at AngioDynamics Inc. is at 300 people. And Albany Molecular Research Inc. added research facilities in such places as Singapore and India as it competes globally. These were among the data offered Wednesday to illustrate the growth, and the growing importance, of the biotechnology industry on the Capital Region's economy, as a group of industry officials visited the Times Union.
The industry faces challenges, including declining federal support for basic research. National Institutes of Health funding is down 10 percent to 15 percent from last year, said Eugene Schuler, chairman of Bioconnex, a regional biotechnology networking and support organization affiliated with the Albany-based Center for Economic Growth. http://timesunion.com/AspStories/story.asp? storyID=501180&category=BUSINESS&BCCode=HOME&newsdate=7/20/2006 ------------------------ Yahoo! Groups Sponsor --------------------~--> Something is new at Yahoo! Groups. Check out the enhanced email design. http://us.click.yahoo.com/TktRrD/gOaOAA/yQLSAA/H4xqlB/TM --------------------------------------------------------------------~-> http://www.arizonabiotech.com/ http://groups.yahoo.com/group/biotech-news/ http://www.arizonaentrepreneurs.com/ http://www.azhttp.com/ Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/biotech-news/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
