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Biotechnology
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New Jersey is on the leading edge of
the New Economy. It is one of the top states in the
nation when it comes to the number of patents granted,
fast-growth firms, and venture capital investment. There
are 116 biotech companies in New Jersey, making it the
fourth-largest biotech center in the country. That
number continues to grow as cutting-edge companies
relocate to the state or emerge from state-funded
incubators or university-based programs. |
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PROFILE CONTAINS: |
- Fast Facts
- Workforce
- Funding
Ops
- Incubators
- Research
Parks
- R&D Info
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Alliances/Partnerships
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(618K) |
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BioTech Fast
Facts |
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Leading firms include Celgene, Medarex, Enzon, Barrier
Therapeutics, ImClone Systems, Biogen, LifeCell, Genta,
EluSys Therapeutics, Integra Life Sciences, and many others.
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New Jersey has the third-highest concentration of life
science employment in the nation (7%).
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Biotech companies occupy over three million square feet of
space and employ more than 6,000 people.
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Several of the world’s largest biotech venture capitalists
are headquartered in New Jersey.
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In 2002 New Jersey ranked eighth in the nation for venture
capital received.
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