ANN ARBOR – Michigan’s life sciences industry grew into a $28 billion sector over decades, but it took the pandemic for many in the state to recognize just how essential it is.
“Obviously we’re the industry that’s in the bull’s-eye of it all, whether it’s trying to come up with a vaccine or manufacturing enough PPE (Personal Protective Equipment) or critical medical equipment,” said Stephen Rapundalo, president and CEO of MichBio. The Ann Arbor-based organization is an advocate for the industry and also aims to grow its presence in the state.
“Our industry basically didn’t stop and shut down,” Rapundalo said of its experience during the pandemic. “We were one of the essential industries. Our industry had to pivot and adjust, but it didn’t stop.”
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