Life Sciences is the Answer

August 22, 2010 at 11:52 am Leave a comment

Read this. If it’s true, what can Snohomish County do to take advantage of this opportunity? How about create life sciences partnerships across the US and the globe? Why not leapfrog the competition? Something big will require major external partners.

We’re nearly three years into the recession and our economy still shows few signs of life. The Department of Labor announced that the country shed 131,000 jobs in July. Unemployment now stands at 9.5 percent.

Democrats and Republicans agree that something must be done — soon — to stem the loss of jobs. Neither side, though, has offered a creative or comprehensive jobs strategy to turn the economy around. There is one strategy that could create jobs and generate support from both sides of the aisle: biotech innovation.

“Over the long run, few issues are as important to a nation’s long-term economic security and global standing as being a leader in moving life sciences forward,” says Lawrence Summers, director of the White House’s National Economic Council.

He’s right. Innovation in biotechnology is the engine that could get our economy back on track. Yet neither party has forcefully championed this idea, even though it’s one of the few ideas that would elicit bipartisan support. Enacting policies that will help this industry thrive is a painless way to create the jobs Americans desperately need.

Read more here.


Entry filed under: Life Sciences. Tags: , , .

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