SCbio is proud to see the life sciences industry as a long-term focus area for the S.C. Department of Commerce’s Strategic Framework for Economic Growth.
SOUTH CAROLINA – January 30, 2024 – SCbio fully supports the South Carolina Department of Commerce in recognizing the life sciences industry as a key business sector for economic growth in the Palmetto State.
During the Governor’s Economic Development Summit Monday, S.C. Commerce released its strategic framework for economic growth, the guide for the state’s economic development efforts to increase its competitiveness for new business and capital investments.
Through data-driven research, S.C. Commerce identified the life sciences as one of three long-term areas of focus to enhance economic prosperity.
“The work of S.C. Commerce makes it clear that when investments are made in South Carolina’s life sciences industry, they will pay off for our residents and economy,” said SCbio President and CEO James Chappell. “The life sciences industry makes South Carolina competitive – it is creating high-wage jobs, developing breakthrough treatments and technologies, and attracting top talent with its acclaimed academic and research institutions.”
“South Carolina is advancing the future as the new home of American innovation,” said Secretary Harry M. Lightsey III. “Driven to create long-term opportunities for the people who call our state home, S.C. Commerce is actively diversifying its industry portfolio by targeting sectors such as life sciences. Our message to life sciences companies is that South Carolina is the place to be from Launch to Legacy!”
SCbio is South Carolina’s investor-driven economic development organization exclusively focused on building, advancing, and growing the life sciences industry in the state. SCbio represents more than 1,000 organizations employing more than 87,000 professionals across the state and supports and advances organizations in multiple arenas including pharmaceuticals, medical devices and equipment, digital health, research and medical labs, bioscience distribution, bio-ag and more. For additional information about SCbio and the life sciences industry, visit www.SCbio.org.