Report | Intelligent Investment
Columbus Life Sciences Report
August 10, 2023 10 Minute Read
Columbus is known for its access to talent, its affordable cost of living and its impressive healthcare system. Not only does this create an overall healthy economy, it also is the perfect ecosystem for the life sciences industry. Life sciences refers to research and development centered around living things, such as plants, animals and human beings. This includes the creation and distribution of vaccines and medications that protect and improve the health of living organisms.
The sector’s growth was accelerated by the Covid-19 pandemic, as demand for therapeutics reached an all-time high. While markets like Boston, San Francisco and Washington D.C. continue to have the highest market share of life sciences activity, secondary markets like Columbus are also seeing growth in the field, specifically in cell and gene therapy. A strong balance of talent/education, employment and funding establishes an environment that is primed for life sciences investment.