Pandemic a Boon for Area’s Biotech Industry
While industries like airlines, hospitality and retail struggled much of 2020, one local sector took off during the COVID-19 pandemic. Alachua’s biotechnology industry, anchored by startups mostly contained in one section of town off U.S. 441, contributed more than $1 billion to the local economy last year, aided in part by the University of Florida’s […]
Licensing of Academic Patents Has Contributed Up to $1.7 Trillion to U.S. Economy
The licensing of university and nonprofit research has made a significant contribution to US gross domestic product (GDP), industrial gross output, and jobs over the last 22 years, according to an independent study commissioned by the Biotechnology Innovation Organization (BIO) and AUTM, a global nonprofit that works to advance ideas from research institutions into the […]