Life Sciences and Biotechnology refers to a group of diverse industries with a common link — they all employ biological scientific knowledge and processes to further their pursuits.
Companies, organizations and institutions in this sector combat diseases, reduce our environmental footprint, feed the hungry, reduce energy usage, and create safer, cleaner and more efficient industrial manufacturing processes.
The sector represents a mix of five industry clusters:
- Drugs & Pharmaceuticals
- Medical Devices & Equipment
- Research Testing & Medical Laboratories
- Agricultural Feedstock & Chemicals
- Bioscience-related Distribution
The biotechnology sector has already established itself as a strong and steady job generator, growing over the past decade at a pace well above the national average. And compared to other more mature industries, Life Sciences and Biotech may still be in its infancy. So, you can expect continued job growth well into the future.