The Utah Life Science Opportunity
Utah’s strength in Life Sciences was built on the presence of its medical device and natural products companies, leadership in personalized healthcare, and its world-class research universities, which leads the nation in start-up companies. Yet, nations, states, and regions from across the globe—many without the significant base of world-class research institutions found in Utah—are actively pursuing bioscience development for a number of compelling reasons:
- The Life Sciences are composed of rapidly growing industry sectors.
- The Life Sciences offer high-paying, quality jobs across a range of occupations from technicians and manufacturing workers to research scientists and medical doctors.
- The Life Sciences are directed to diverse markets and include a number of industry sectors with a common link—they apply knowledge of the way in which plants, animals, and humans function. The Utah industry spans medical devices, diagnostics, drug delivery, therapeutics, personalized medicine, natural products and nutrition, and includes manufacturing, services, and research activities.
- The Life Sciences offer Utah and its communities a quality-of-life dividend. Investment in the Life Sciences can lead to benefits for a state’s citizens in terms of improved health care and nutrition, cleaner environments, and healthier foods.
So, it is no surprise that many observers view the 21st century as the “Bio Century.”
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