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California’s Life Science Industry Generates Almost $317 Billion Annually, Supports More Than 1.1 Million Jobs - blog post image

California’s Life Science Industry Generates Almost $317 Billion Annually, Supports More Than 1.1 Million Jobs

  • 16 May 2017
  • Posted 2 years ago

Biocom, the largest, most experienced advocate for California’s life science sector recently released their 2017 Economic Impact Report. Among its most important findings, the life science industry generates nearly $317 billion in annual economic output and boosts the state’s total gross product by $171.4 billion. This activity is spread throughout the state, including a substantial presence in Los Angeles. The average wage of a life science employee statewide was found to be $108,000.

Click here to view the news release.


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