Michigan's Bio-Industry

Michigan’s Bio-Industry A continuing legacy of life science discovery and innovation focused on improving life.

AGRI-BIOSCIENCES

MEDTECH

DISTRIBUTION

BIOPHARMA

R&D/TESTING

HEALTHTECH

As of January 2023

BIO-INDUSTRY IMPACT

2,429

*

Michigan has a rich legacy in the biosciences, beginning with

BIOSCIENCE ESTABLISHMENTS

the first two U.S. pharmaceutical companies, Parke-Davis & Co.,

5

TH**

MEDICAL DEVICE STATE

founded in Detroit in 1866, and Upjohn Company, founded in Kalamazoo in 1886. The state’s bioscience companies, higher education and academic research institutions, clinical centers,

44,340

*

BIOSCIENCE JOBS

9

AVERAGE

9

and other related organizations reflect the full breadth of bio-

TH**

BIOPHARMA STATE

industry sectors. It’s where research, product development, life cycle management, and manufacturing, converge with the delivery of healthcare and wellbeing.

101,374* BIOSCIENCE SALARY ($)

The statewide bio-industry continues to lead the way in creating

TH**

AGRI-BIOSCIENCES STATE

solutions to the world’s most pressing problems, and the numbers and successes prove it. It’s strength, breadth and vitality is a Michigan best-kept secret.

956

BIOSCIENCE VC INVESTMENT 2018-21 ($M)

* TEConomy/BIO, The U.S. Bioscience Industry: Fostering Innovation and Driving America’s Economy Forward, 2022 ** Based on Number of Establishments

GLOBAL PLAYER Numerous global brands have either started or located here. They’ve accounted for extraordinary discoveries in treatments, therapies and products that have helped feed, fuel and heal the world.

Michigan’s world-renowned universities receive more than $1.6 billion in federal R&D funding – 4th among major U.S. research clusters. They offer unique technology partnership opportunities and provide substrate for commercialization.

From the development of Lipitor® and the manufacture of the Anthrax vaccine to the first electric bone saw, homogenization of milk, and hybrid corn – these are just a few of the many “Made in Michigan” achievements.

2.1%

18.7%

CAPACITY, CAPABILITY, COMPETENCY Michigan ranks in the top 15 nationally as a biosciences hub measured by total employment, and tenth largest medical device cluster. The state offers a complete and comprehensive product development ecosystem — from basic research and ideation to manufacturing and markets – supported by an experienced contract services network that’s second to none. Furthermore, Michigan ranks 11th for the number of sponsored

41.7%

Agri-Biosciences MedTech

30%

Biopharma R&D/Testing Distribution

community medical centers, and private clinics.

EMPLOYMENT

1.4%

Multi-national companies and startups alike have garnered a reputation for Michigan as a hotbed of innovation and business acumen within the bio-industry. In part, this is due to an unrivalled network of business accelerators and incubators, supportive State programs and funding, access to capital, and commercialization services that have created a strong ecosystem where success has bred more success. Michigan’s bio-industry is ideally positioned for the global bioscience marketplace, thanks to its diversity of sectors, research, manufacturing and entrepreneurial prowess.

26.9%

30.7%

clinical trials conducted in our health systems,

POSITIONED FOR GROWTH

7.8%

ESTABLISHMENTS

18.6%

22.5%

MichBio is here to support Michigan’s bioscience researchers, innovators, and producers, as well as those in the broader ecosystem that serve to sustain them.

Through advocacy, programming, business services and initiatives we help the state’s biosciences community thrive.

We are a member-driven organization that provides resources, facilitates connections, and creates unmatched opportunities that help bioscience enterprises attain their goals.

Michigan offers a healthy climate for bioscience discovery and innovation, an experienced workforce and strong pipeline of talent, a more than 150 year legacy in research and development, world-class basic and clinical research institutions, and a thriving venture capital landscape and entrepreneurial culture.

All that lies against a backdrop of a low-tax and supportive business environment, an affordable and enriching quality of life, and most importantly, a strong and collaborative work ethic.

IT’S NO WONDER MICHIGAN CONTINUES TO BE A MAJOR HOME FOR BIOSCIENCE INNOVATION.

FOLLOW MICHBIO TODAY. 3520 Green Court, Suite 175 Ann Arbor, MI 48105-1175

Keep up with everything that’s going on in Michigan’s bio-industry and join the conversation. @michbio

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