Growth Industries
Life Sciences
Peer through the microscope at a larger future for your life sciences company in Michigan. Michigan is home to a life sciences market space geared at emerging companies looking to commercialize anything from the latest diagnostic tool to creative advancements in the world of pharmaceuticals. With a strong history and an eye towards the future, young life science companies can get the edge and the Upper Hand in Michigan.
As a part of the Michigan economy since before the automobile, the state's life sciences companies have been profitably growing and making discoveries that benefit the state and the world. Michigan's life sciences industry focuses on the following areas:
Life Sciences Strengths
With over $2 billion invested in R&D each year and nearly 120 new companies since 2000, Michigan leads the nation as one of the fastest growing life sciences states. Michigan's life sciences strengths also include:
542 companies
31,777 employees
$4.8 billion in sales
Growth of Michigan's life sciences industry has exceeded growth of the U.S average, growing 27% in employment, 32% in number of companies and 165% in sales
Michigan has led the nation in percentage growth of new companies from 1999-2002
#2 state for overall R&D expenditures
#3 university in the nation for R&D
2nd most business friendly state in the nation, according to Site Selection magazine
Michigan has invested $178 million over the past four years to foster growth in the state's life sciences sector
4th largest high tech workforce in the nation
Industry Resources
Next Steps
If you are ready to deliver a life sciences advancement to market, contact our Customer Assistance Center.
To get the latest Michigan Life Science Directory and learn who is growing in Michigan, go to www.michbio.org/Directory.
Also, take a look at how the 21st Century Jobs Fund program is building capacity in Michigan's Life Science market space.
5/3/2010 - 5/6/2010
MEDC is an exhibiting sponsor with a booth (#3900) located in the "Midwest Regional Cluster". The event is being held May 3 to 6 at McCormick Place in Chicago. Click on the link above for more detail
State and local tax credits helped convince company to expand in Michigan over a competing site in Ohio.
Michigan’s University Research Corridor, which includes Michigan State University (MSU), helped increase life science jobs in the state by 10.7% from January 2006 through March ...
During the next five years, WJG Enterprises in Charlotte, Michigan will invest $4 million in its existing 100,000 square foot facility. The investment will include internal capacity expansions that ...
By: Deborah Johnson Wood A group of 20 Grand Rapids professionals have formed a coalition to help new and emerging companies do business with the region's growing medical sector. The group ...
By: Deborah Johnson Wood A study released by University of Michigan’s Institute for Research on Labor, Employment, and the Economy says that nearly 100,000 Michigan jobs are due to the state’s ...
Generic drug maker Caraco is going ahead with the previously announced expansion of its New Center manufacturing plant in Detroit.
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