Two year’s ago this month the Fourth Economy team completed an assignment for the Pennsylvania Life Science Leadership Advisory Council. At a news event in May 2012 we participated in the release of “Life Sciences Leadership for the Next Decade: Nurturing a Life Science Ecosystem for Job Creation and Economic Development in Pennsylvania”. This report highlighted five steps and related actions that the life science community could undertake to maintain the economic impact of the life science industry in the state.
Flash forward two years and we wanted to check in and see how the industry was performing in terms of employment and establishments. The following information summarizes our findings. The life science industry continues to be a strong overall sector for the state’s economy.