In 2023, the biohealth industry in Wisconsin contributed $22 billion in economic output and $37.7 billion in total economic impact in the state, combining direct, indirect and induced sources, according to the Wisconsin Biohealth Industry Landscape and Economic Impact Report.
According to a release, the industry directly supports more than 141,000 total jobs and 58,000 direct jobs statewide. The total number is a 25% increase in direct employment since 2018.
The report was delivered during BioForward’s annual Wisconsin Biohealth Summit, which is being held this week at the Monona Terrace.
Click here for the entire report.