Austin Ranks #3 on list of the Life Sciences Industry’s Next Hot Spots

According to a study done by CBRE Austin ranks #3 on list of markets emerging in the life sciences industry next hot spots. The life sciences revolution is occurring at a rapid pace.

Ranked on the basis of recent life sciences employment growth, number and concentration of key scientists, NIH funding, quality and quantity of educational institutions providing life science graduates and medical research and health services institutions, and number and concentration of high-tech workers.

Right now, the areas leading the nations life sciences clusters.

San Diego

New Jersey

Raleigh-Durham

Washington, D.C.-Baltimore

These cities round out a second tier of primary life sciences markets in the U.S. Emerging life sciences hubs that offer a growing source of life sciences talent include:

Seattle

Houston

Austin

Denver

These and other markets have premier educational and medical institutions to drive continued industry growth.

The data shows which markets have the most scientists fueling innovation and where the most qualified graduates are coming from. capital funding to the life sciences industry has surged 86% over the past year, driving employment growth, new construction and increased attention from investors.

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