Innovate Iowa is a grassroots initiative that unites health consumers, biopharmaceutical company employees and retirees, vendors, suppliers and other business, academic and community partners to demonstrate how these diverse groups work together to improve our health care system and strengthen both the national and Iowa economies.
Each and every one of us plays an important role in helping Americans gain and maintain access to life-saving medicines, fight chronic disease and lead longer, healthier lives. Our collective efforts contribute to the overall economic strength of Iowa and maintain its role as a leader for medical innovation.
The biopharmaceutical sector is the foundation of one of Iowa's most dynamic innovation and business ecosystems. Not only does the industry invest heavily in the research and development of new treatments and cures, it also generates high quality jobs, powers economic output and exports for the U.S. economy and sustains a very large-scale supply chain.
Supporting High Quality Jobs in Iowa
The innovative biopharmaceutical sector directly supported 5,590 jobs in Iowa in 2017. These jobs are often high-skill, high-wage professions.
The industry also supported another 16,225 jobs indirectly, for a total of about 21,815 jobs across Iowa's economy. These additional jobs are with vendors and suppliers such as construction companies and I.T. companies, and jobs generated by the sector’s employees such as day care centers and restaurants.
Iowa workers whose jobs were supported by the biopharmaceutical sector paid a total of $285.8 million in personal taxes in 2017—$247.8 million in federal taxes and $38 million in state taxes.
Iowa's Economic Impact
In 2017, the biopharmaceutical sector supported $5.9 billion in economic output for the state of Iowa—including $3.2 billion generated directly by the sector, and another $2.6 billion through its vendors and suppliers and through the economic activity of its workforce.
Direct Output per Direct Employee in 2017
vendor relationships
vendor spending
$129,910,482
Find Your
Elected Officials
Partners
Ag-bioscience
Avello Bioenergy
Feed Energy
Midwest Oilseeds
Monsanto
Biopharmaceutical
Boehringer Ingelheim Vetmedica, Inc.
CompleWare
Iowa Biotechnology Association
MedCara Pharmaceuticals
Pharmaceutical Research and Manufacturers of America
Vertex Pharmaceuticals
Biz/Economic Development
Greater Des Moines Partnership
Iowa Association of Business and Industry
Iowa Business Council
Iowa Department of Economic Development
Parkersburg Economic Development
Shelby County DevelopSource
Health Advocacy
American Cancer Society of Iowa
American Lung Association of Iowa
Arthritis Foundation Iowa Chapter
Community Health Charities of Iowa
Des Moines WomenHeart
Easter Seals of Iowa
Iowa Nurses Association
Juvenile Diabetes Research Foundation Greater Iowa Chapter
Lupus Foundation of America, Iowa Chapter
NAMI Iowa
Prevent Blindness Iowa
Academic Research
Des Moines Area Community College
Governor’s STEM Advisory Council
Iowa State University
Northeast Iowa Community College
University of Iowa
Vendors
Bluestone Project Management
Global Reach
Image Solutions
Other
Hy-Vee, Inc.
Kemin Industries
Meredith Corporation
