The Pennsylvania area is home to more than 2,300 life science companies. These companies are performing wide varieties of innovative research, pharmaceutical development, and medical device engineering. The life science industry in Pennsylvania is responsible for employing over 70,000 people, bringing in over $4 billion in venture capital funding over the past 10 years, and $1.5 billion in NIH funding in 2014 alone.
Located between New York City and Washington, D.C., along Interstate 95 and with easy access to the Pennsylvania Turnpike and Interstate 80, the Philadelphia region is an ideal location where life science companies can also find leading universities and research institutions working together to create a collaborative environment.