International audience to see Wisconsin’s bioscience industry assets
Wisconsin pavilion at BIO International Conference in Chicago highlights state’s bio industry strength
MADISON, Wis. April 22, 2013 – Wisconsin’s bioscience industry strengths will be on display at the Wisconsin pavilion at the BIO International Convention in Chicago, April 22-25, 2013. More than 50 Wisconsin companies and associations are attending this year’s convention.
This year’s Wisconsin pavilion is coordinated by BioForward, Wisconsin’s association that represents the state’s bioscience industry, which includes 600 bioscience-related businesses. The Wisconsin Economic Development Corporation is providing branding and logistical support to the event. The Wisconsin pavilion promotes the assets of Wisconsin’s bioscience sector using the “In Wisconsin” brand established by WEDC in September 2012, which creates a common platform for marketing the state’s many economic assets.
“The world is paying attention to what we’re doing in Wisconsin,” said Brian Renk, executive director of BioForward. “Wisconsin’s biotechnology industry is diverse and growing. We have some of the strongest international leadership and research and development assets in the world.”
The BIO International Convention is the largest global event for the biotechnology industry and attracts the biggest names in biotech, offers key networking and partnering opportunities, and provides insights and inspiration on the major trends affecting the industry.
“BIO provides an excellent forum for Wisconsin to brag about our strengths,” said Lisa Johnson, vice president of Entrepreneurship and Innovation with WEDC. “The convention provides business partnering that you rarely can achieve at any other conference. It is also a matching event for young startups—emerging growth companies to interact with the larger life science companies.”
According to the 2012 Battelle/BIO State Bioscience Industry Development report, Wisconsin has one of the nation’s healthiest, fastest growing bioscience sectors over the last several years. The report showed that Wisconsin’s biosciences industry’s 1,366 businesses employed nearly 31,000 people in 2010, with annual average wages ranging from $54,822 in agricultural feedstock and chemicals, to $79,409 in the medical devices and equipment sector.
BioForward is the member-driven state association that is the voice of Wisconsin’s bioscience industry and a state chapter of the national Biotechnology Industry Organization. They advocate actively on their members’ behalf for public policy that supports the industry and provide a variety of opportunities for connections to funding, partners, customers, and employers and employees through events and online resources.
About Wisconsin Economic Development Corporation
The Wisconsin Economic Development Corporation (WEDC) leads economic development efforts for the state by advancing Wisconsin’s business climate. WEDC nurtures business growth and job creation by providing resources, technical support and financial assistance to companies, partners and communities in Wisconsin. WEDC has four focus areas: business and industry development, economic and community development, entrepreneurship and innovation and international business development. Together with more than 600 regional and local business development partners, it represents a highly responsive and coordinated network. Visit www.inwisconsin.com or follow WEDC on Twitter @_InWisconsin to learn more.