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A new study, Investment, Innovation and Job Creation in a Growing US Bioscience Industry 2018, released on June 5, 2018 at the Biotechnology Innovation Organization (BIO) International Convention shows that the United States bioscience industry has reached $2 trillion in annual economic impact while maintaining accelerated venture capital investment and job growth numbers. The report, by BIO and TEConomy Partners, a research and analysis firm, shows that the bioscience industry has held a leading position among US technology sectors as an economic driver and job generator.