Investments in biopharmaceutical research and development pump as much as $56.1 billion into the US economy annually
Innovation Helps the Economy
The Triple Solution for a Healthier America is a three-part approach to tackle chronic diseases, promote a healthier life, and lower healthcare costs by focusing on Prevention, Intervention, and Innovation.

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The Triple Solution for a Healthier America: Using Prevention to reduce chronic disease, promote a healthier life, and lower healthcare costs of diabetes and other chronic diseases The Triple Solution for a Healthier America: Using Intervention to better manage chronic diseases like type 2 diabetes, promote a healthier life, and lower healthcare costs. The Triple Solution for a Healthier America: Using Innovation to reduce chronic disease and lower healthcare costs. Learn what you can do to reduce chronic disease, lower healthcare costs, and live a healthier life through personal, professional, and political involvement with the Triple Solution for a Healthier America.

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Innovation Helps the Economy

Aside from lives and healthcare dollars, innovation also helps to save jobs vital to the US economy.

  • The biopharmaceutical industry supports an estimated 3.2 million jobs across the US economy.1

  • The biopharmaceutical sector’s direct contribution to GDP is $88.5 billion annually, triple the contribution from other sectors.1
  • Investments in biopharmaceutical research and development pump as much as $56.1 billion into the US economy annually.1

Learn more about the importance of preserving an environment that rewards and encourages continued innovation.

References:

  1. Eckstut MK, Chang AY, Blair EL, Apostolatos AJ on behalf of Archstone Consulting; Burns LR. The Biopharmaceutical Sector’s Impact on the US Economy: Analysis at the National, Sate, and Local Levels. Archstone Consulting Web site. Available at http://www.archstoneconsulting.com/biopharmapdf/report.pdf. Updated March 2009. Accessed Oct 5, 2010.