Industry Impact

Colorado’s life sciences ecosystem contributes to Colorado’s vibrant economy and is one of Colorado’s seven designated advanced industries.

Industry Snapshot

720
Life Sciences Companies and Organizations
Ag bio   |   biotechnology  |  diagnostic  |  digital health  |  medical device
pharmaceutical companies  |  academic  |  research institutions

Job Creation

32,089
(people)
direct employment
117,560
direct and indirect
employment
7%
direct employment
increase (2016-2018)

Economic Impact

$96,460
average annual salary
$3.09 Billion
in annual payroll

Fundraising

$3 Billion
2017-2019

NIH Grants

$1.5 Billion
2016-2019

Medical Device Sector (Metro Denver)

8th
largest in the U.S.

Life Sciences Patents Issued

3,310
2016-2019

Federal Labs

33
largest concentration in the U.S.