Biotechnology & Life Sciences
Texas has a dynamic biotechnology marketplace with an estimated annual
economic impact of $75 billion. A significant number of top global
biotechnology companies have Texas locations, underscoring the state's vitality
in this industry. In 2011, one out of every 15 U.S. biotechnology
establishments was located in Texas.
|Texas is home to over 3,500 firms involved in
R&D and biotechnology manufacturing.
||More than 89,600 workers are employed in
biotech-related sectors in Texas at an average annual salary over
||Texas is a top state
for doctorates awarded in agricultural sciences and natural
resources, biological and biomedical sciences, health sciences, and
|The Texas Medical Center in Houston is the world's
largest medical center and annually conducts $3.4 billion in
||From 2007 to 2012, venture capitalists invested $1.4
billion in 161 biotech and medical device deals.
||In 2013, U.S. News
& World Report named M.D. Anderson Top U.S. Cancer Hospital for
the 7th year in a row.