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, 2012: 5,476 - Quintile: I*
NIH Funding, FY 2013: $435,070 - Quintile II*
Bioscience Venture Capital Investments, 2009 - 2013 ($ millions): $554.8 - Quintile II*
Direct Output per Direct Employee, 2011: $322,654 - Florida Biopharmaceutical Sector
Direct Output per Direct Employee, 2011: $125,663 - Florida Economy Overall
Average Compensation per Direct Employee, 2011: $73,308 - Florida Biopharmaceutical Sector
Average Compensation per Direct Employee, 2011: $46,955 - Florida Economy Overall
Economic Output in Florida: $16B ($7.3B Direct & $8.7B Indirect)
Economic output represents the value of the goods and services produced by a sector. In 2011 the biopharmaceutical sector directly generated $7.3 billion in economic output in Florida, and supported another $8.7 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.