The biotech industry thrived and drew much attention during the pandemic years due to the production of new life-saving drugs, vaccines, and therapeutics. The bioscience industry's economic impact on the U.S. economy amounted to $2.9 trillion in 2021.
On top of it, lucrative government investments should keep the sector buoyed. For instance, last year, the White House unveiled its plans to invest more than $2 billion in the U.S. biotechnology sector.
