Florida is one of the fastest growing bioscience regions in the world. With a strong base of biotechnology, medical devices and pharmaceutical companies, world-class research universities and some of the leading non-profit research institutes in the world, Florida has built a resource base to be a top bioscience destination.
Important life sciences documents:
Additional Information can be found on the websites of our industry partners:
Florida Quick Facts:
Total Bioscience Industry Establishments, 2014: 5,895 - Quintile: I*
NIH Funding, FY 2015: $521,809 - Quintile II*
Bioscience Venture Capital Investments, 2012 - 2015 ($ millions): $840.5 - Quintile II*
Bioscience and Related Patents, 2012 - 2015: 4,904 - Quintile I*
Direct Output per Direct Employee, 2016: $399,581 - Florida Biopharmaceutical Sector
Direct Output per Direct Employee, 2016: $137,035 - Florida Economy Overall
Average Compensation per Direct Employee, 2016: $80,553 - Florida Biopharmaceutical Sector
Average Compensation per Direct Employee, 2016: $46,570 - Florida Economy Overall
Economic Output in Florida: $31.2B ($11.9B Direct & $19.3B Indirect)
Economic output represents the value of the goods and services produced by a sector. In 2014 the biopharmaceutical sector directly generated $11.9 billion in economic output in Florida, and supported another $19.3 billion through its vendors and suppliers and through the economic activity of its workforce.
*State ranking figures for bioscience performance metrics are calculated as quintiles, where I = top quintile, III = middle quintile, and V = bottom quintile.
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