Utah’s rapid-growing life science industry is comprised of six subsectors: medical devices and equipment; drugs and pharmaceuticals; research; testing and medical labs; and biomedical distribution. From Merit Medical and Fresenius Medical Care to BD Medical and Sorenson Genomics, Utah’s company roster bares names recognizable worldwide.
It pays to be at the cutting edge—literally. On average, life science jobs pay approximately 161% of state average wages. And these jobs keep growing: life science employment in Utah grew by 25.8 percent between 2001 and 2010. In-depth analysis of the life science economy predicts increased growth in the areas of novel medical devices, personalized medicine, drug discovery and development and natural products and dietary supplements.
As of last year, Utah’s life science industry accounted for 1,074 establishments and 33,623 employees.
Utah has one of the fastest growing life science industries in the country—adding 26,000 jobs to the economy since 2004.
The world’s first artificial heart? The first hearing aid? Both invented in Utah. We have a long history of life science innovation.
Utah companies consistently make a splash in the global market: several present at the Arab Health Conference, and Utah-grown BioFire was acquired by France-based BioMerieux.
Several Utah companies banded together to create the Utah Medical Innovations Pathways program.