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SENATE RESOLUTION

 
2    WHEREAS, With more than 85,000 direct jobs, Illinois is one
3of the top states for the life sciences industry; and
 
4    WHEREAS, The life sciences industry is a major contributor
5to the overall Illinois economy; and
 
6    WHEREAS, The life sciences industry is one of the highest
7paying industries in the State; and
 
8    WHEREAS, Illinois residents employed by life sciences
9companies earn 91% more than the average Illinois resident; and
 
10    WHEREAS, Illinois state and local taxes paid by the life
11sciences industry equal approximately 4.7% of all state and
12local taxes collected in Illinois; and
 
13    WHEREAS, Northwestern University is home to world-leading
14faculty and innovators dedicated to bringing breakthrough
15discoveries from laboratories to clinics; and
 
16    WHEREAS, The Chemistry of Life Processes Institute at
17Northwestern University is dedicated to advancing human health
18and offering new hope to millions of people around the world
19living with disease; and
 

 

 

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1    WHEREAS, The Chemistry of Life Processes Institute hastens
2the development of new ways to prevent, diagnose, and treat
3diseases like cancer, Parkinson's, Alzheimer's, addiction,
4heart disease, and other disorders that transform science and
5life; and
 
6    WHEREAS, The Chemistry of Life Processes Institute has
7accelerated 75 new drug candidates, medical devices, and
8diagnostic technologies in the development pipeline resulting
9in 26 new companies that have received $1.5 billion in external
10investments; and
 
11    WHEREAS, The Chemistry of Life Processes Institute at
12Northwestern University is hosting a Biotech Summit by the Lake
13on March 27, 2019 to encourage investment in breakthrough
14science at Illinois-based and national biotech and
15pharmaceutical public companies led by Northwestern University
16graduates; therefore, be it
 
17    RESOLVED, BY THE SENATE OF THE ONE HUNDRED FIRST GENERAL
18ASSEMBLY OF THE STATE OF ILLINOIS, that we support the critical
19research of the Chemistry of Life Processes Institute at
20Northwestern University and the important contributions to
21human health of leading biotechnology and pharmaceutical
22companies based in Illinois and across the nation; and be it

 

 

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1further
 
2    RESOLVED, That a suitable copy of this resolution be
3presented to the Chemistry of Life Processes Institute at
4Northwestern University as a symbol of our respect and esteem.