Why Seattle-King County?
Life Sciences & Health
Data Sources: Washington State Employment Security Department, 2015; Washington State Department of Revenue, 2015; Washington Military Alliance; Washington Aerospace Economic Impacts 2016 Update; US International Trade Administration, 2014. All data is King County.
- The Seattle region is among the top-five largest life science clusters in the country
- King County is home to 160 life sciences companies that employ more than 22,000 people
- 2008 net sales of medical devices from Washington State were recorded at $2.5 billion
- The Seattle region is a world-class center for Life Sciences. With a nationally ranked university medical research institution in UW Medicine and renowned organizations like the Fred Hutchison Cancer Research Center and the Bill and Melinda Gates Foundation, life sciences are a part of the local fabric. This expanding cluster has a wealth of talented people and incredible institutions while being unique in its collaborative nature and ability to attract and keep world-class talent.
A home for life sciences
The Puget Sound region boasts one of the most significant concentrations of life sciences companies in the United States. In King County, there are 160 life sciences companies that employ more than 22,000 people. Many of these companies grew out of cutting-edge research conducted at the numerous public and private research institutions based in the region.
Support from the local community
Efforts are underway across the region and state to strengthen the development of this critical sector. Examples include the redevelopment of Seattle’s South Lake Union neighborhood as a center for biotechnology and research, and the Life Sciences Discovery Fund’s annual Grant Competitions. In 2009, the Fund announced the addition of a new commercialized grant program designed to promote the commercialization of promising new technologies.
The EDC plays a key role in the promotion of the life science industry, with leadership and staff filling important roles as board members with Life Science Washington and the Innovation Partnership Zone for Biomedical Manufacturing, a non-profit corporation located in Bothell, Washington.
Looking for lab space? Life Science Washington maintains a Laboratory and Office Space Real Estate Listings page.
- The life science ecosystem in the Seattle/King County area is represented by a complex array of organizations including: biotechnology companies, medical device companies, research institutions, global health organizations, and healthcare organizations.
- Excluding healthcare, the industry is represented by a work force of approximately 22,000 individuals.
- There is an endless array of leading-edge technology under development in our region. Top tier research universities such as the University of Washington and Washington State University, along with a multitude of private non-profit research institutions—including SeatttleBioMed, PATH, The Allen Brain Institute, the Institute for Systems Biology, the Infectious Disease Institute, Children’s Hospital, Virginia Mason, Pacific Northwest Diabetes Institute, and the Pacific Northwest National Labs—contribute to this stream of innovation and commercialization.
- The following technologies or fields of study were recently identified by the Life Science Discovery Fund as unique with respect to national and international leadership coming from the Pacific Northwest: predictive/preventive (P4) medicine driven by genomics and systems biology immunology/drugs that act through the immune system (including Dendreon and Seattle Genetics) bioengineering global health comparative effectiveness/outcomes research (important under the new era of cost-effective health care) medical ultrasound
- In our efforts to support and foster growth in this sector, the EDC has teamed up with the City of Bothell, the Washington State Department of Commerce, the University of Washington Bothell, the Economic Development Council of Snohomish County and the Washington Biotechnical and Biomedical Association in support of the Bothell area Innovation Partnership Zone (IPZ) for Biomedical Manufacturing.
- There are many nuances to the life science cluster and nothing is more effective than engaging the EDC as you look to locate or expand your company here. the EDC has been an integral part of the economic development fabric of this region for 40 years. Our Business Development Manager in Life Sciences can introduce you to key leaders in the life sciences industry, provide valuable demographic information, current data on the commercial real estate market, and the latest information on taxes and incentive programs.
- Innovation Partnership Zone (IPZ) for Biomedical Manufacturing - the EDC has teamed up with the City of Bothell, the Washington State Department of Commerce, the University of Washington Bothell, the Economic Development Council of Snohomish County and the Washington Biotechnical and Biomedical Association in support of the Bothell area Innovation Partnership Zone (IPZ) for Biomedical Manufacturing.
- Life Science Washington - Life Science Washington is a trade association serving the life sciences industry in the state of Washington. Its membership encompasses businesses and other organizations involved in the research, development and commercialization of life science technologies.
- Life Science Innovation Northwest Conference - The most popular event of the year in life sciences is the Life Science Innovation Northwest Conference held annually in Seattle. This conference brings together the best companies and a rich mixture of people from both the public and private sector that are committed to the life science cluster in the Pacific Northwest.