Study: Pharmaceutical research boosts Ala. Economy
BIRMINGHAM, Ala. (AP) — A
new report says clinical drug trials and associated pharmaceutical
research have become a major part of Alabama's economy, supporting more
than 17,000 jobs.
A report issued by the Pharmaceutical Research
and Manufacturers of America says more than 3,400 clinical trials of new
medicines have been conducted in Alabama since 1999. . Universities,
hospitals and research institutions in Birmingham, Muscle Shoals,
Huntsville, Mobile and Dothan worked on many of those trials.
Robert Bentley joined officials of the research organization Wednesday
to announce the results in Birmingham. Bentley said biopharmaceutical
companies generated $3.2 billion in economic activity in Alabama in
2011, and he's looking for their economic impact to grow.