The Value of Bioscience Innovation in Growing Jobs and Improving Quality of Life

This biennial report focuses on the economic progress and footprint of the industry geographically including the performance, positioning and latest trends in the bioscience industry for the nation, states and metropolitan areas. The 2025 National Life Sciences Workforce Trends Report, developed by LSWC in partnership with TEConomy Partners, offers a data-driven snapshot of workforce challenges and opportunities in a time of tempered industry growth and rapid technological change. Drawing from over 500 company survey responses, 200 executive interviews, and 2.9 million job postings, the report reveals four key themes: strategic hiring amid slower growth, widespread integration of AI and automation, increased investment in upskilling incumbent workers, and a surge in early STEM engagement. These insights serve as a critical guide for industry, education, and policy leaders shaping the future of the bioeconomy.

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Key Findings

2022 Impact on South Dakota

Economic Development Best Practices

BIO 2019 Emerging Emerging Therapeutic Company Trend Report

In this report, BIO set out to identify trends affecting emerging therapeutic companies across five core areas of investment and
deal-making: venture capital, initial public offerings (IPOs), follow-on public offerings (FOPOs), licensing, and acquisitions. In
addition, the clinical pipeline is analyzed for each disease area, phase, and degree of industry partnering. This broad-based
analysis will help identify where scientific or policy issues may be impacting the ability to maintain a robust pipeline of innovative
medicines – a goal that is shared by patients, healthcare providers, policymakers, investors, and the biopharmaceutical
industry alike.

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