Bioscience in Colorado

Colorado Statistics

1. More than 720 bioscience companies are located in Colorado including agricultural, biotechnology, diagnostic, digital health, medical device, and pharmaceutical companies.

2. Life science companies in Colorado directly employ more than 30,000 people. For each life science job, an additional 3.09 jobs are supported, creating more than 92,700 direct and indirect jobs.

3. Average annual wage is $89,000.

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

5. Total bioscience establishment growth of 20 % from 2014 – 2016.

6. Total bioscience industry direct employment increased 5.3% from 2014 – 2016.

7. Metro Denver’s medical device sector is ranked as the eighth largest in the nation.

8. Colorado bioscience companies have received $1.2 billion in venture capital investments and awarded $1.35 billion in NIH grants from 2014– 2017.

9. Bioscience products are Colorado’s leading export, accounting for over 16% of all exports in 2015 and totaling over $1.2B.

10. State inventors have been issued 3,125 patents in bioscience-related technologies since 2014 – 2017.

11. For bioscience, the state’s Advanced Industry Grant Program has awarded 413 life science-related grants, creating 79 new companies, 773 direct jobs and generating more than $551.7 million in follow-on grants and investments.

12. Colorado is home to one of the largest concentrations of federally funded science and research labs in the nation with 33 federal labs generating $2.6 billion in net economic impact to Colorado in 2016 .