FOR IMMEDIATE RELEASE
September 24, 2008
Contact: Tyler Marie Theile, Anderson Economic Group
Oakland County Life Sciences Annoucement
PONTIAC, MICH. – September 24, 2008 – Oakland County Executive L. Brooks Patterson today announced the creation of a medical branding initiative among major hospital systems, medical device manufacturers and higher education in the county that could lead to billions of dollars in new investment and thousands of new jobs.
Oakland County is tentatively referring to this consortium of health care as “Oakland Medical.”
The initiative focuses on the county’s abundant medical and life science industry which boasts some of the top hospitals, universities and medical device companies in the United States. The county, along with William Beaumont Hospitals, McLaren Health Care Corp. and Oakland University, commissioned a study from the Lansing-based Anderson Economic Group to examine the strength of the life science industry in Oakland County and the potential for growth. It concluded the county could add 45,000 jobs in the next 10 years, making it one of the largest employment sectors in Oakland County.