State, Provincial, & International Reviews
Thursday, May 21 2015
By Amanda Shailendra, director, life sciences and corporate solutions, the Georgia Department of Economic Development
The life science industry is evolving at a rapid pace. From new technologies and health regulations to market opportunities in rural areas and emerging trends in urban locations, this industry requires a solid business climate that will support these dynamic changes and move life science companies forward.
Georgia is committed to growing the healthcare and life science industry and is continually investing in its people, resources and solutions to meet companies’ unique business needs. The life sciences community in Georgia is a rich mix of medical device, pharmaceutical, diagnostic and medical supply companies, with more than 400 life sciences companies in the state, including 150 medical device companies, 225 health IT companies, more than 40 non-profit health organizations and eight research universities.
Georgia houses the second-largest blood processing facility in the world by volume, as well as the nation’s largest independent testing lab for blood and plasma products. A few years ago, Baxter International located its new bio-pharmaceutical manufacturing facility in Atlanta, as well as plasma centers throughout Georgia that will employ approximately 1,500 people across the state, investing $1 billion.