New Jersey Life Sciences: The State of Innovation 2020

November 2, 2020

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New Jersey’s life sciences industry is the nation’s most widely dispersed, covering some 1,500 square miles from Ivy League Princeton in the south to the New York City suburbs of Bergen County in the north and from the pastoral stretches of Somerset County in the west to the urbanized waterfront of Jersey City in the east. This vast size creates unique locational opportunities for life sciences companies in the Garden State, with a wide range of property types, community settings and price points. New Jersey’s cultural diversity and globally connected infrastructure make this life sciences cluster uniquely attractive to international business ventures and investors. Moreover, the state’s many high-quality universities produce a steady pipeline of qualified graduates with degrees in biology and chemistry. The New Jersey life sciences cluster’s connectivity, unbeatable talent, geographic reach and relatively lowcost real estate makes for an attractive value proposition. Combined with the state’s generous subsidies for life sciences companies and its ability to attract foreign investment, New Jersey truly is the “State of Innovation.”