Petri praised PA Bio – a Delaware County-based trade association that represents medical device and pharmaceutical companies, investment organizations, academic institutions and service industries that support the life sciences – for its work toward making Pennsylvania a global leader in the life sciences industry.
"The life sciences industry is fueling economic growth by bringing clean, high-paying jobs to the commonwealth," said Petri. "About one in four people in my area are employed in the life sciences field in one form or another. In fact, the industry currently provides jobs to about 80,000 Pennsylvanians with combined annual wages estimated at $8 billion. About 500,000 more are employed in jobs that support the industry."
Tuesday, the House passed House Resolution 158, sponsored by Petri, recognizing "Life Sciences Day" in Pennsylvania.
In the resolution, Petri credits research, conducted in Pennsylvania, for some of the world's greatest medical breakthroughs, including vaccines against blood-based hepatitis B, rubella, rotavirus and polio, as well as the first simultaneous heart, liver and kidney transplant.
A report, produced last year by the Life Science Leadership Advisory Council, which includes PA Bio as well as industry and government leaders, provides a strategy for the industry's continued growth and success in Pennsylvania. Petri said the council is working to remove obstacles to growth that will create a more business-friendly environment in the state. In addition, the council seeks to develop public/private incentives to attract and retain top-notch talent and to support research leading to cures.