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Indiana’s Life Sciences Industry Economic Impact Tops $50 billion
Date:1/21/2013

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  •     Indiana’s life sciences venture capital investments rose in 2012 to $64.7 million.
  •     The average annual wage for a life sciences worker is now $88,504, compared to $40,272 for the average private sector wage.
  •     Indiana life sciences workers earn nearly $5 billion in annual wages.
  • Indiana is home to the global headquarters for: Biomet, Cook Medical, DePuy Orthopaedics, Dow AgroSciences, Eli Lilly and Company, WellPoint, and Zimmer and the North American headquarters of Roche Diagnostics; Beckman Coulter, Boston Scientific, Covance, Express Scripts, Mead Johnson, and Medtronic have major operations located within the state.
    BioCrossroads’ 2012 annual report which includes this information is available at http://www.biocrossroads.com

    About BioCrossroads
    BioCrossroads (http://www.biocrossroads.com) is Indiana's initiative to grow, advance and invest in the life sciences, a public private collaboration that supports the region's existing research and corporate strengths while encouraging new business development. BioCrossroads provides money and support to life sciences businesses, launches new life sciences enterprises (Indiana Health Information Exchange, Fairbanks Institute for Healthy Communities, BioCrossroadsLINX, OrthoWorx and Datalys Center), expands collaboration and partnerships among Indiana's life science institutions, promotes science education and markets Indiana's life sciences industry.

    Editor’s note: jpg files of graphics are available.

    Unless otherwise noted, the most recent statistical data is from 2011.
    Source: BioCrossroads/Indiana Business Research Council.
    *Biologistics is a new sub-sector that BIO/Battelle added
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    Source: PRWeb
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