Biotech group names Quinn 'governor of the year'

A national biotechnology group has named Illinois Gov. Pat Quinn its “governor of the year.”

The Biotechnology Industry Organization presented the award to Quinn on Wednesday in Washington, D.C. The award recognizes leadership and support of the biosciences industry.

The group cites Quinn's support for tax credits for investment in new business ventures and for small businesses that create jobs.

The group's president, Jim Greenwood, says Illinois' biotech tax credits can be a model for federal legislation supporting early-stage capital formation. He calls Quinn “an exemplary leader.”

The Biotechnology Industry Organization's international convention was in Chicago in 2010. It is scheduled to return in 2013 and 2016.