BioPharma Ecosystem - Alive and Growing at Eastman Business Park
The biopharmaceutical industry has had very solid growth in recent years in employment, total value of shipments and receipts, value added, and CAPEX. The industry is also expected to continue growing its revenue at a rate of 2% within the next five years. Eastman Business Park (EBP) and the Rochester, NY Economic Area, where the Park is located, are very well positioned to attract biopharma companies. The diagnostic substances and biopharmaceutical products sub-clusters represent almost 100% of employment within the biopharmaceutical cluster in the Rochester, NY Economic Area, with diagnostic… read more →