Bioscience in Colorado

Colorado Statistics

1. Roughly 725 bioscience companies are located in Colorado including agricultural, biotechnology, diagnostic, digital health, medical device, and pharmaceutical companies.

2. Currently, Colorado directly employs 30,000 people in the bioscience industry, creating over 159,000 direct and indirect jobs.

3. Average annual wage is $90,530.

4. Colorado’s bioscience industry supports $2.8 billion in annual payroll.

5. Total bioscience industry direct employment increased 4.4% from 2012-2014.

6. Colorado’s medical device sector is ranked as the sixth largest in the nation.

7. Colorado bioscience companies have received $1 billion in venture capital investments and awarded $1.2 billion in NIH grants since 2012.

8. Bioscience products are Colorado’s leading export, accounting for 17% of all exports in 2013 totaling $2.2 billion.

9. State inventors have been issued 2,931 patents in bioscience related technologies since 2012.

10. For bioscience, the state’s Advanced Industry Grant Program has awarded 333 grants totaling more than $37 million, creating 49 new companies, 445 direct jobs, and $465.4 million in follow-on grants and investments.