Florida’s sophisticated and dynamic health care system has propelled the state into a leading life sciences center, with a rapidly growing biotechnology sector, as well as significant medical device and pharmaceutical manufacturing. The Florida biotechnology sector grew over 32 percent over the last five years, while the U.S. biotechnology sector grew by less than five percent.
Research and Education
The research conducted at institutions across Florida is at the forefront of exploration in the fields of biomedical science, drug discovery and technology development across the life sciences sector. Internationally renowned institutions like The Scripps Research Institute, Torrey Pines Institute for Molecular Science, Max Planck Florida Institute, and Vaccine and Gene Therapy Institute of Florida found a home in Florida and work in the fields of cancer biology, chemistry, infectology, metabolism and aging, molecular therapeutics, and neuroscience, just to name a few.
Florida is home to eight research universities that have been recognized by the Carnegie Foundation. The state’s universities receive more than $1.7 billion annually in external research awards from federal, state and private sources.
Health Care and Medical Manufacturing
More than 700 hospitals and 43,000 health care establishments serve as the basis for the state’s life sciences sector. Florida ranks 3rd in the U.S. for the number of FDA-registered medical device establishments and is home to more than 150 pharmaceutical manufacturing companies that employ over 4,000 researchers, engineers, technicians and workers.