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.