Increasingly, leading pharmaceutical, medical device and biotechnology firms are choosing Virginia. Here you'll find dynamic research universities, numerous federally funded facilities, renowned research institutes, such as SRI International and the Howard Hughes Medical Institute, as well as major manufacturers including Merck, Abbott, Teva, Novozymes Biologicals and Fareva. Our established and growing bioscience base gives you direct access to cutting-edge technology and some of the world's leading researchers. Competitive operating costs, a business-friendly environment and a highly skilled workforce are driving Virginia's growing bioscience sector and fostering discoveries every day.
Virginia's Life Sciences Industry
- Virginia’s Life Sciences Industry employs more than 25,400 people at over 1,000 establishments
- Composition of Life Sciences companies by segment and employment is:
- Bioscience Related Distribution (25%)
- Research, Testing and Medical Laboratories (46%)
- Drug and Pharmaceuticals Production 15%)
- Medical Devices and Equipment Production (13%)
- Over the past 10 years, life sciences companies have announced over 8,869 new jobs and capital investments of $1.4 billion
- Virginia also has a noteworthy presence of major bioscience-related distributors such as Fortune-ranked Owens & Minor and McKesson
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