In 2017, the biohealth industry in Wisconsin contributed $48 billion in economic output and $1.3 billion in total state and local taxes, according to the Wisconsin Biohealth Industry 2018 Economic Impact Report.

“This report is a testament to the story we’ve been telling about the tremendous growth and impactful work Wisconsin’s biohealth industry has contributed to our state,” BioForward CEO Lisa Johnson said in a statement. “With billions in economic impact and over one hundred thousand jobs in the state, the biohealth industry is putting Wisconsin on the map as a hub for excellence in medical research and innovation.”

According to a release, the industry delivered more than $18 billion to Wisconsin, including directly employing 107,616 workers in the state.

The report was delivered during BioForward’s annual Wisconsin Biohealth Summit, which was held today at the Overture Center.