New York life sciences industry is booming

The New York metropolitan area has become the nation’s leading hub for job development and investment in the life sciences, according to a new report shared exclusively with Crain’s.

The report, which was conducted by the New York City Economic Development Corp. in partnership with the Department of City Planning, found that the sector generated roughly 150,000 jobs and $23 billion in wages last year within the region. New York has 14,000 more jobs than San Francisco, the next-leading region, and 30% more life science businesses than Boston, the next-largest city.

“New York City is the gravitational center for the largest life sciences hub

→ Continue reading at Crain's New York Business

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