Life Sciences
The Seattle region is a world-class center for Life Sciences and has been ranked as the 5th largest Life Science cluster in the United States in a recent Milken Institute study. This expanding cluster has a wealth of talented people and incredible institutions while being unique in its’ collaborative nature and ability to attract and keep world-class talent.
The Puget Sound region boasts one of the most significant concentrations of life sciences companies in the United States. In King County, for instance, there are 160 life sciences companies that employ more than 15,000 people.
Many of these companies grew out of cutting-edge research conducted at the numerous public and private research institutions based in the region, such as the University of Washington, Fred Hutchinson Cancer Research Center and Seattle Biomedical Research Institute—to name just a few.
Efforts are underway across the region and state to support the development of this critical sector. Examples include the redevelopment of Seattle’s South Lake Union neighborhood as a center for biotechnology and research, and the Life Sciences Discovery Fund’s annual Grant Competitions. In 2009, the Fund announced the addition of a new commercialized grant program designed to promote the commercialization of new promising technologies.
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