The Wisconsin Biotechnology Quarterly Index & Survey
Wisconsin Biotechnology and Medical Device Association, 10.21.08
The new quarterly index is a project of the Wisconsin Biotechnology & Medical Device Association (WBMA) and the Madison-based online news source WisBusiness.com.
The quarterly survey measures senior industry executives’ perceptions of five factors, which are the index’s components: The current condition of the state’s bioscience industry The overall prospects for the executive’s company The availability of adequate and appropriately-skilled workers The availability of capital The regulatory climate
The Wisconsin Biotechnology Index is the composite, weighted average of the senior executives’ responses to questions about each of these five factors.
The Wisconsin Biotechnology Index for the inaugural, third quarter of 2008 is 264.87, out of a possible 400 points. The index will be gathered and reported each quarter by the WBMA and WisBusiness.com. As each successive quarter passes and comparisons can be drawn, the Wisconsin Biotechnology Index will become an increasingly valuable measure of the perceived strength of the industry in the state.