Everything to enter the U.S. Healthcare markets and grow is here.
New Jersey enables market entry for the Global life sciences and healthcare industry by offering a unique commercialization ecosystem composed of an experienced workforce, a dense network of specialized services, financial resources and effective supply chain infrastructure in the middle of the largest healthcare market in the U.S.
Click here for useful statistics on New Jersey’s robust life sciences ecosystem.
Global Leader in Pharmaceutical and Biotechnology Industries
- Home to 12 of the world’s 20 largest pharmaceutical, medical technology and diagnostics companies including Bristol-Myers Squibb, Johnson and Johnson, Merck, Novartis, Pfizer, Sanofi, Novo Nordisk, Bayer Healthcare, Daiichi Sankyo and more
- Over 400 biotechnology companies in our State, including Amicus Therapeutics, Celgene Corporation, Chromocell, ContraVir Pharmaceuticals, Genmab and PTC Therapeutics
- The world’s highest concentration of scientists and engineers in the world
- Home of the world’s largest clinical research organizations, including Covance, PharmaTrials, InVentiv Health Clinical and Frontage Clinical Services
- State-of-the-art Patient access facilities in the areas of neuroscience, oncology, pediatrics, cardiac and pulmonary
- Home of major healthcare foundations, such as the Robert Wood Johnson Foundation, Christopher and Dana Reeve Foundation, Henry H. Kessler Foundation and The Healthcare Foundation of New Jersey
- World-renowned research institutions, including Advanced Research at Cancer Institute of NJ, Stem Cell Institute of New Jersey, W.M. Keck Center for Collaborative Neuroscience, Center for Advanced Biotechnology and Medicine (CABM), Biotechnology Center for Agriculture and the Environment, Waksman Institute and the Center for Advanced Food Technology
- A collaborative network of technology incubators focusing on the life sciences, including the Commercialization Center for Innovative Technologies, Burlington County College High Tech Center, Enterprise Development Center at NJIT, BioLabs at Princeton, Celgene Research Incubator and Hackensack Meridian Health Incurbator.
Economic Impact & Employment
- The annual economic impact of the life sciences industry in New Jersey is estimated to be $47.5 billion
- $30.1 B estimated annual expenditures by NJ Life Science industry
- More than 400 biotechnology companies operating in NJ
- $33.54 B in Gross Domestic Product (GDP)
- $20.32 B in compensation
- $1.53 B in State Tax Revenue
- $1.36 B in Local Tax Revenue
- 3,280 life science facilities in NJ
- More than 350,000 direct, indirect and induced employment
- More than 1,000 new drugs in development
- Extensive regulatory and commercialization experience in the life sciences
- Pharmaceutical and biotechnology laboratory discovery and development capability
- #1 in number of chemists in the U.S.
- #2 in number of biochemists and biophysicists
- #3 in number of microbiologists
- Extensive Patent track record – Ranked 3rd in the U.S. in life sciences patents
- 31 public and private four-year universities, including Princeton University and Rutgers University
- 19 county colleges
- Two top engineering schools – NJIT and Stevens Institute
- Ranked #4 nationally for education
- Ranked #1 nationally for school system quality and #2 for education output and safety
- Access to extensive and capable transportation, distribution and logistics network
- A train ride away from the FDA and NIH
- Across the river from Wall Street
- Proximity within 6 hour drive to the majority of the US population
- Access to four major international airports with non-stop travel destinations around the world
- Desirable Eastern Standard Time Zone
Diversity and Languages
New Jersey is one of the most diverse states in the nation. Over 25% of NJ’s population speaks a second language at home. Nearly one million NJ residents are fluent in Spanish. Other language fluency includes Italian, Chinese, Polish, Portuguese, Tagalog, Korean, Gujarathi, French, Arabic, German, Russian, Hindi and other Indic languages.
Leisure Time Choices
- Swimming, fishing and canoeing, kayaking, boating on 127 miles of coastline beaches and rivers
- Birding on the Atlantic Flyway, Gardening (We are the Garden State!)
- Enjoying outdoor activities in 39 state parks, 11 forests and 57 historic sites
- Sports include fishing, downhill and cross-country skiing, snowboarding, biking and golfing
- World-class museums, including the Liberty Science Center
For additional information, please contact BioNJ@BioNJ.org