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Life-sciences leaders tout rapid growth, radioisotope firm as anchor for Utah biotech
Summary
BioUtah told the committee the state's life-sciences sector is expanding faster than most U.S. peers, highlighted NUSANO's upcoming radioisotope production as a potential magnet for manufacturers, and asked GOEO for continued national branding, recruitment and workforce incentives.
Kelvin Colmore, chief executive of BioUtah, told the Economic Development and Workforce Services Interim Committee on Aug. 20 that Utah's life-sciences sector has grown faster than most U.S. peers over the last decade, adding higher-than-average wages and durable jobs. "Our wages are on average 47% higher than average in the state," Colmore said.
Why it matters: Colmore said the sector now employs visible clusters of device, diagnostic and biotech firms; he singled out an upcoming plant, NUSANO, as a…
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