California Life Sciences’ 2021 Sector Report provides a wholistic assessment of our complex ecosystem and our state’s overall impact to the broader industry and economy.

This year’s report shows that California’s life sciences sector directly employed 313,230 people, attracted $12.5 billion in venture capital (VC) and received $5.0 billion in funding from the NIH. Produced with KPMG, the annual report also highlights other economic, employment and academic contributions to the state of California including the impact of the pandemic as well as the state of diversity, equity and inclusion in the life sciences. Despite the challenges, the industry has responded with resilience and continued growth.

For more than 20 years, this annual report has been used by lawmakers, legislative staff, business leaders, educators, media outlets, developers and others to make key decisions and learn more about the life sciences sector in California. Click here to learn how you can become a part of our diverse community of over 1,100 life sciences members.