economy

Some say growth in the biofuel industry can play a significant
role in fueling this country's economic engine. For example,
There are about three-dozen cellulosic biorefineries currently in
various stages of planning or construction. Six of these are
Already in operation producing biofuels. Industry analyst BIO
Economic Research Associates projects that advanced biofuel
producers such as these can create more than one-hundred thousand
new jobs by 2022. Many of these jobs will be in
sectors hit hard by the current recession, such as agriculture
and construction.

BIOtech Now interviews Corrine Young, director of government affairs for Myriant Technologies LLC.

A new report by Bio Economic Research Associates (bio-era™), U.S. Economic Impact of Advanced Biofuels Production: Perspectives to 2030, shows that continuing to build advanced biofuels production capacity can create thousands of new jobs throughout the economy, contributing to U.S. economic growth and increasing energy security.

A new report by Bio Economic Research Associates (bio-era™), U.S. Economic Impact of Advanced Biofuels Production: Perspectives to 2030, shows that continuing to build advanced biofuels production capacity can create thousands of new jobs throughout the economy, contributing to U.S.

In a year of recession, a non-existent IPO window, more cautious public and private investors, and the need to conserve cash, it’s clear why 2008 was the year of M&A.

While the biotech industry is expected to rebound this year, M&A is still top of mind for small biotechs and big pharma.

Small biotechs and big pharma encourage quick movement in this uneasy economy—a “be honest, let go, and move on” mentality to be exact!