Life Sciences

Indiana is one of the nation's top four life sciences leaders (as defined by number and concentration of life sciences-related jobs), according to the report, "Growing the Nation's Bioscience Sector: State Bioscience Initiatives 2006" (Battelle Memorial Institute).

Indiana has long been a world leader in life sciences and home to such industry giants as Eli Lilly and Company, Biomet, Cook Group, Inc. and Zimmer. Indiana boasts the second largest medical school in the U.S. (Indiana University School of Medicine) and hosts the highly successful incubator, Indiana University's Emerging Technologies Center.

What Does Healthcare and Life Science Mean to Indiana ?

  • 318,000 jobs
  • $35.6 billion of economic output
  • 14% of Indiana’s private sector payroll
  • Top 5 in the country in:
    • production of pharmaceuticals and medical devices
    • small health-related businesses
  • $15.4 billion in personal income
  • Wages higher than state’s average wage
    • Overall: 16% higher
    • Medical manufacturing: 27% higher
    • Each dollar spent in health industry leads to 82 cents of additional economic activity
    • Each health industry job generates .88 jobs elsewhere in the state

        Source: Indiana Health Industry Forum