When describing today’s South Carolina’s life sciences industry, words like “surging” and “booming” are often mentioned.
Life sciences is diverse, with seven sectors: drugs and pharmaceuticals; medical devices and equipment; digital health solutions; research, medical and testing laboratories; bioscience distribution; bio-agriculture and ecosystem support.
Surprisingly, life sciences are South Carolina’s fastest-growing industry — not more expected industries like automotive, tires, or aerospace, notes Erin Ford, Interim CEO of SCBIO — a nonprofit dedicated to building, advancing and growing life sciences here.
“A 2017 study by USC’s Moore School of Business showed 402 life science companies in South Carolina – that’s grown to over 700 today. It employed over 43,000 South Carolinians and generated $12 billion in impact,” said Ms. Ford.