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Illinois Biotech Industry: Investment, Innovation, and Growth

by Emma Walker – News Editor

Illinois Biotech Sector Gains momentum, Fueled by Research, Pharma & Patient ⁤Advocacy

CHICAGO, IL – Illinois’ biotechnology⁤ ecosystem ⁣is experiencing meaningful growth, attracting major‌ pharmaceutical investment, expanding research capabilities, and ⁣fostering robust patient ​advocacy,​ according to recent observations​ during a⁤ visit by⁤ BIO (Biotechnology ⁤Innovation Organization) President⁣ & CEO​ John Crowley. ‌

The ⁣state boasts a strong presence from large pharmaceutical companies including AbbVie, Astellas, Takeda, and CSL‌ Behring, all ‌with manufacturing facilities within Illinois. Chicago specifically‍ has added 2 million square feet ​of lab space since 2020, driven by a ⁣cluster of⁤ four new buildings, noted by⁤ industry representative Conrad.

Research is ​spearheaded by ⁢the “big three” universities – Northwestern, university of⁣ Chicago, and University of​ Illinois – which are collaborating on technologies focused on ‌inflammation and the ‍immune system at the⁤ newly ⁣established CZ biohub Chicago, a second hub location funded by the​ Chan Zuckerberg Foundation. Illinois Tech,⁣ described as the ⁣state’s ​”technical college,” also plays a key role in⁣ research and advancement.

Illinois is also‍ leading in patient-focused legislation, becoming the first state to require insurance⁢ coverage for biomarker testing, a critical​ component of ​personalized medicine.This⁢ commitment to patient support was ​highlighted during ⁢Crowley’s visit, which included a‍ meeting with⁤ Amy and Pat Tomasulo, founders of the Facial Pain Research Foundation (FPRF).The FPRF was created to⁢ raise funds and awareness for trigeminal neuralgia, a rare and debilitating condition affecting approximately 150,000 people annually in the U.S., with a higher incidence among females⁢ and those over⁤ 50. ‍

the FPRF is now positioned to explore providing seed funding to companies⁤ developing treatments for trigeminal neuralgia, demonstrating a growing capacity for patient advocacy groups⁤ to ‌directly support biotech⁣ innovation. “They’re at a good inflection point, having more⁣ of an ⁣impact,”⁢ Conrad said of FPRF. The‌ expansion of both⁤ biotech employment and the influence of Illinois ‍patient advocates underscores the sector’s‍ increasing importance to‍ the state’s economy and healthcare landscape.

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