26,871
Employment

1,528
Establishment

$97,884
Average Wages

0.7
Location Quotient

Industry Overview

Colorado’s bioscience industry is a vital part of the state’s economy, with employment growth surpassing the national average. The state is currently home to a thriving industry, comprised of biotechnology, medical device, agriculture-bio, diagnostic, pharmaceutical, health care providers, research institutions and those businesses that provide critical services and products to bioscience companies.

Over 90% of the companies are located along the Front Range in close proximity to Colorado’s nationally ranked research institutions. Over the last five years, many infrastructure investments have been made in the industry including the development of the $5.3 billion Fitzsimons Life Science District and the BIO Frontiers Institute, a $300 million multi-disciplinary research center.

Partnerships

Anschutz Bioscience Sector Partnership
The Colorado Bioscience Association in partnership with local business leaders is forming an Anschutz Bioscience Partnership. The Partnership will focus on understanding the industry’s growth opportunities and requirements and take an action orientated approach to developing solutions to meet the needs of Anschutz bioscience companies.
The Colorado Bioscience Association
The Colorado BioScience Association is at the center of the industry’s growth- shaping policies and developing programs to help Colorado’s bioscience and medical device companies grow and prosper. The CBSA mission is to support the regional bioscience community through advocacy, resources and advancement of opportunities for collaboration. In order to accomplish this the Association focuses on leadership and advocacy, business solutions, economic development, and education. To learn more, visit their website.

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