San Diego’s Life Sciences industry is a major driving force in the region’s innovation economy. The count is home to more than 1,225 life science companies responsible for creating an economic impact of $33.6B. SDNEDC Investor, Genentech is a driving force in the local industry.
In 2020, we saw the global pandemic accelerate the Life Sciences cluster throughout North County. Demand for COVID-19 testing and vaccine efforts led to various lab space expansions, employment opportunities, and enhanced manufacturing processes.
The innovative nature of San Diego companies has led to high-profile acquisitions, most notably GenMark Diagnostics’ recent $1.8B acquisition by the world’s largest biotech company, Roche. North County’s Life Sciences industry cluster is home to other global names including, Thermo Fisher Scientific, Gilead Sciences, and Leica Biosystems.
Tune in to our social media for this week’s #NorthCountySpotlight!