Indiana employs more than 275,000 life sciences workers throughout the state, representing 10% of all jobs and 20% of the tax base in the state. (Deloitte 2005)
Indiana is one of only three states (California and North Carolina, plus Puerto Rico) to have specialized bioscience employment in three of four niche subsectors – Drugs and Pharmaceuticals, Medical Devices and Equipment, and Agricultural Feedstock and Chemicals
(Battelle/BIO “Technology, Talent and Capital: State Bioscience Initiatives 2008”)
A statewide total of 578,000 Indiana jobs are tied to health and life sciences. (Deloitte 2005)
Indiana is expected to see more than 40,000 new jobs available in the life sciences by 2012
Indiana venture investment in 2007 was $135.6 million, nearly quadrupling the 2006 number of $37.2 million.
Central Indiana is home to a “$13.6 billion global life science hub.” (S&P 2006)
Indiana has the second highest concentration of biopharma jobs in the nation. (Milken Institute 2004)
Indianapolis ranks second in the U.S. for employment concentration in Drugs and Pharmaceuticals (Battelle/BIO “Technology, Talent and Capital: State Bioscience Initiatives 2008”)
Warsaw, Indiana produces one-third of the global orthopedics market.
Indiana produces more hip and knee implants than the rest of the world combined
Purdue Research Park is ranked the #1 university research park in the country. (National Business Incubation Association)
Since 1992, nearly $2.4 billion has been invested in life sciences projects in downtown Indianapolis. (Indianapolis Downtown, Inc. 2007)
Indiana’s life science industry has invested more than $2.4 billion in new expansions and buildings since 2002.
Indianapolis ranks #2 in the U.S. for employment concentration in Drugs and Pharmaceuticals (Battelle/BIO 2008)
Indiana has the fifth largest number of workers (per-capita employment) in the medical technology field in the U.S. (AdvaMed 2007)
Indiana University School of Medicine is the second largest medical school in the U.S.
Purdue University’s analytical chemistry program ranks second and the School of Pharmacy and Pharmaceutical Sciences graduate program ranks fourth.