Developing Drugs In SC A Billion Dollar Industry - WSPA.com

Developing Drugs In SC A Billion Dollar Industry

Posted: Updated:
Developing new drugs is a multi-billion dollar business in South Carolina according to a new report by the industry released in Charleston. Developing new drugs is a multi-billion dollar business in South Carolina according to a new report by the industry released in Charleston.
CHARLESTON, S.C. -

Developing new drugs is a multi-billion dollar business in South Carolina according to a new report by the industry released in Charleston.

U.S. Rep. Jim Clyburn and officials from the Medical University of South Carolina were on hand Tuesday for the release of a report showing that, during 2011, the work of developing drugs and putting them through clinical trials pumped $2.4 billion into the economy.

The indirect impact meant another $1.8 billion.

The report was released by the Pharmaceutical Research and Manufacturers of America, an industry trade group. It said that since 1999, there have been more than 3,200 clinical trials of new medicines in collaboration with research centers, university medical schools and hospitals across South Carolina.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

  • Top StoriesTop StoriesMore>>

  • One Person Dead in Pelham Road Wreck

    One Person Dead in Pelham Road Wreck

    Saturday, August 23 2014 8:28 AM EDT2014-08-23 12:28:33 GMT
    The Greenville County Coroner's Office confirms one person is dead after a wreck in the 1700 block of Pelham Road Friday night.The Greenville County Coroner's Office confirms one person is dead after a wreck in the 1700 block of Pelham Road Friday night.
    The Greenville County Coroner's Office confirms one person is dead after a wreck in the 1700 block of Pelham Road Friday night.
    The Greenville County Coroner's Office confirms one person is dead after a wreck in the 1700 block of Pelham Road Friday night.

  • Memorial For Broome Students Held Friday Night

    Memorial For Broome Students Held Friday Night

    Friday, August 22 2014 11:06 PM EDT2014-08-23 03:06:08 GMT
    Principals, students and teachers at Broome High School held a memorial service for three students who have died within the past year.
    Principals, students and teachers at Broome High School held a memorial service for three students who have died within the past year.
  • Trooper Fired After Arrest Of NFL Player In Laurens Co.

    Trooper Fired After Arrest Of NFL Player In Laurens Co.

    Friday, August 22 2014 5:26 PM EDT2014-08-22 21:26:33 GMT
    S.C. Trooper L/Cpl. R.S. Salter who arrested Greenwood Native and now NFL player Sidney "Sam" Montgomery in the Upstate for speedingi in June in Laurens County has been fired.
    S.C. Trooper L/Cpl. R.S. Salter who arrested Greenwood Native and now NFL player Sidney "Sam" Montgomery in the Upstate for speedingi in June in Laurens County has been fired.
Powered by WorldNow

250 International Dr.
Spartanburg, S.C. 29303

Telephone: 864.576.7777
Fax: 864.587.5430
Email: webmaster@wspa.com

Can't find something?
Powered by WorldNow
All content © Copyright 2000 - 2014 Media General Communications Holdings, LLC. A Media General Company.