Economy

Biotech + California = Economic Engine

California is home to several of the nation’s largest life sciences clusters. This thriving industry is a leading employer, a powerful economic engine and a driving force behind developing the state’s biomedical workforce. Our state’s prosperity is closely linked to the ongoing contributions of California’s life science industry, which generated a total of $394 billion in economic output last year alone.
By The Numbers
406.5k

Californians directly employed by the life science industry in 2025

$6.26B

Overall funding from the NIH and NSF

$192.2k

Average salary California biotech employees were paid in 2025

$20.6B

Total estimate venture capital raised in California life science companies

1.08 M

Californians directly and indirectly employed by the biotechnology industry in 2025

$394B

Total economic output generated by California’s biotech industry in 2025

15.7k

Number of life science establishments in California, the birthplace of the biotech industry

GDP of California Life Science vs. Other California Industries

See the full Economic Impact Report Here.