Life Sciences

The Austin American-Statesman ran an interesting article today on venture capital activity in the life sciences sector (Biotech industry tries to shrug off setbacks). Definitions vary for what exactly belongs to the life sciences/biotechnology sector, but its footprint in Austin-Round Rock may surprise you. We currently have approximately 1,300 establishments and 52,500 jobs in the life sciences cluster, up from 43,000 jobs in 2002 (22%). Forecasters predict that our life sciences cluster could grow by another 14,000 jobs (27%) by 2019. (Source: EMSI). Brian Kelsey