From BioNJ's recent BioPartnering Conference to the 2024 Life Sciences Report to the New Jersey Economic Development Authority (NJEDA)'s NJ Bioscience Center Incubator IMPACT Study, New Jersey's life sciences industry is making headlines. NJBIZ's latest on our life sciences scene is a must-read for companies in the industry looking to expand and thrive! More on our life sciences ecosystem: ➡️ New Jersey boasts more than 22 million square feet of existing lab space – with millions of square feet available for lease or purchase; ongoing and planned construction of life sciences campuses and hubs will increase that figure by 27% by 2026. ➡️ The state has the second-ranked manufacturing workforce in the nation, with 307% more employees than the national average. ➡️ Some 390 medical device manufacturing sites employ nearly 11,000 people across the state – 22% more than the national average. ➡️ New Jersey leads in cell and gene therapy, with 40% of all therapies in development taking place in the region.
