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Biotechnology
Date Submitted: 05/22/2003 13:40:55
Biotechnology has become a big business in the United States, over the past few years. It is spreading across the United States, a few small hot spots, called biotech clusters, have captured the nation's majority of the nation's biotech business. Other states have wanted to join the list. 41 states have committed a total of $18 million to attract and develop biotechnology. More than 80 percent of local and state economic development agencies named biotech as one of
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Firm Ernst and Young. It produced 20 billion of direct revenue and 27 billion indirectly, and it paid 10 billion in taxes to all levels of government.
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I think that biotechnology is a great way for the world to advance and create new innovations. If it is creating so much revenue and so many jobs then there should be no dispute over it. The U.S. could change the world with this technology.
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