Governor Patrick today arrived at the 2011 BIO International Convention in Washington, DC. BIO is a worldwide conference bringing together leaders in the life sciences industries, government and academia.
The Governor is meeting with business leaders and corporate executives on the Convention floor before formally opening the Massachusetts Pavilion for this year’s Convention later this afternoon.
This is Governor Patrick’s fourth Bio Convention. Each Convention is an opportunity to promote Massachusetts’ “natural resources” – our long tradition of innovation and our highly skilled workforce – that make us uniquely well-suited to host industries like the life sciences, biotechnology and pharmaceuticals.
- In 2012, the BIO Convention will be returning to Massachusetts.
- In 2008 Governor Patrick was honored as “Governor of the Year” at the BIO Convention.
- In 2007 Governor Patrick announced the Life Sciences Initiative at the BIO Convention.
Here some quick facts about the life sciences industry in Massachusetts:
- The Life Sciences Initiative is a ten year, $1 billion investment in the life sciences industry. So far the state has invested about $200 million of public resources, which has generated almost a billion dollars in new private investment and thousands of jobs.
- Massachusetts has the greatest concentration of biotechnology researchers in the United States – twice that of the next closest state.
- The Commonwealth hosts some of the biggest, most successful life sciences and pharmaceutical firms in the world. Governor Patrick recently attended the groundbreaking ceremonies for Vertex and Pfizer. Both companies are planning major expansions in Massachusetts.
- Visit the Massachusetts Life Sciences Center for more details and follow @MassGovernor on Twitter for the updates from the Convention floor.