2023 Annual Report

The life science industry significantly impacts California’s economy, supporting 1.19 million jobs and generating $129.6 billion in income. With a business output of $413.7 billion, every job in the sector creates 1.5 additional jobs in the state. In 2022, the industry’s employment grew by 6.0%, surpassing all other sectors in California and the US. Funding from the National Science Foundation and National Institutes of Health to California increased by 3.9%, totaling $6.1 billion. Life Science Economic Data in Orange County

Orange County Statistics (2022)

141,768

Jobs Supported

$108,000 1,871 $46.7B Source: 2023 Biocom Life Science Economic Impact Report

Life Science Establishments

Average Wage

Total Economic Output

8 University Lab Partners 2023 Annual Report | Breakthroughs Today, Careers Tomorrow

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