Report: Washington State’s $38.8B Life Science Industry Grew 14% from 2020 to 2022
Life Science Washington , the state’s industry trade association, today released a new Economic Impact Report , revealing a 43% increase in job growth from 2015 to 2022.
- Life Science Washington , the state’s industry trade association, today released a new Economic Impact Report , revealing a 43% increase in job growth from 2015 to 2022.
- According to the report, the state’s $38.8 billion life science industry added $21.7 billion to the state’s GDP and contributed $1.6 billion in local and state tax revenue.
- “Washington has solidified its standing as a top 10 life science hub in the country,” said Marc Cummings, President and CEO of Life Science Washington.
- “Life science companies across Washington continue to uniquely combine the state’s technology prowess and research expertise to produce lifesaving innovations that investors are eager to support.”
Leaders in the Washington state life science industry come together to discuss both reports’ findings and the latest innovation in the region at Life Science Innovation Northwest , the Pacific Northwest’s largest annual life science conference, on April 17-18.