When anyone thinks of innovation, they think of California. The first biotech company and FDA-approved DNA treatment was founded in California more than four decades ago and our biotech scientists continue to revolutionize healthcare. The challenge of the next forty years will be to foster this unique ecosystem where medical miracles are born every day.
Treatments for cancer, heart disease, diabetes, spinal cord injury, osteoporosis, Alzheimer’s disease, mental health and virtually every known disease are being discovered right here in our own backyard. With almost 1,300 new medicines now in California’s research and development pipeline, our life sciences companies hold the promise to treating and curing conditions that were once thought untreatable.
California is home to the largest concentration of life sciences organizations in the world. California’s life sciences companies’ revenues have topped $130 billion, with average wages over $108,000. California attracts more venture capital investment and NIH grants than any other state in the nation. Investments in STEM education, exceptional workforce development initiatives, and a business climate that’s shining… the Golden State is where life sciences legacies are built.