Illinois Celebrates Explosive Biotech Growth and Economic Impact

The 11th biennial TECONOMY/BIO report showcases Illinois’ remarkable momentum in life sciences, with employment growing 7.5% since 2019. Nearly 5,000 establishments now support over 93,000 high-paying jobs, and Illinois ranks 4th nationally in venture capital investment, with companies attracting $11.1 billion between 2019-2023.

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