Bioscience in Colorado

Colorado Statistics

1. More than 720 bioscience companies are located in Colorado including agricultural, biotechnology, diagnostic, digital health, medical device, and pharmaceutical companies.

2. Life science companies in Colorado directly employ more than 30,000 people. For each life science job, an additional 4.6 jobs are supported, creating more than 159,000 direct and indirect jobs.

3. Average annual wage is $90,530.

4. Colorado’s bioscience industry supports $2.8 billion in annual payroll.

5. Total bioscience industry direct employment increased 4.4% from 2012-2014.

6. Colorado’s medical device sector is ranked as the eighth largest in the nation.

7. Colorado bioscience companies have received $1.6 billion in venture capitalinvestments and awarded $2.3 billion in NIH grants since 2009.

8. Bioscience products are Colorado’s leading export, accounting for over 16% of all exports in 2015 and totalling over $1.2B.

9. State inventors have been issued 4,187 patents in bioscience related technologies since 2009.

10. For bioscience, the state’s Advanced Industry Grant Program has awarded 191grants totaling more than $52 million, creating 67 new companies, 761 direct jobs, and $521 million in follow-on grants and investments.

11. Colorado is home to one of the largest concentrations of federally funded science and research labs in the nation with 33 federal labs generating $2.6B in net economic impact to CO in 2016 .