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Indiana > ABC

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"Indiana's bioscience industry is large, specialized, and stands out in its diversity. The state's bioscience companies employed nearly 58,000 in 2012 across 1,908 individual business establishments. Indiana essentially has a specialized employment concentration in four of the five major subsectors, though the location quotient for bioscience-related distribution comes in just short of the 1.20 threshold. The state is highly specialized in three subsectors-agricultural feedstock and chemicals; medical devices; and drugs and pharmaceuticals. Among these the agricultural biosciences and medical devices have increased employment since 2007 in addition to research, testing, and medical labs, an emerging state subsector. Indiana's research universities and colleges combine to conduct nearly $578 million in bioscience-related R&D. In bioscience patents, Indiana's 3,420 issued since 2009 highlight the diversity of the industry with medical devices, drugs and pharmaceuticals, biotechnology, and biochemistry all well represented. Venture capital investments in state bioscience companies totaled $141 million since 2009 with funding focused in human biotechnology, medical therapeutics, and biomedical services."

Battelle/BIO State Biosciences Jobs, Investments and Innovation 2014







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