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Indiana’s life sciences industry continues to rank among the top 10 in national report

Indianapolis, Nov. 9, 2022 – The State ofIndiana, as well as seven Hoosier cities, have once again been recognized for their national life science strengths, according to Biotechnology Industry Organization (BIO) and TEConomy Partners’ biennial survey of the U.S. life sciences industry. The report, The U.S. Bioscience Industry: Fostering Innovation and Driving America’s Economy Forward, measures growth in the biosciences sector* from 2018 to 2021 for the entire country and each of the fifty states.

Indiana is ranked third for academic biosciences research and development (R&D) investment growth, increasing 23 percent from 2018 to 2021. Bloomington, Columbus, Evansville, Indianapolis, Lafayette, South Bend and Terre Haute are identified in the report as having significant life sciences activity.

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Source: Indiana Health Industry Forum