In your stateCalifornia
In the development of new medicines, clinical trials are conducted to prove therapeutic safety and effectiveness and compile the evidence needed for the Food and Drug Administration (FDA) to approve treatments. And the biopharmaceutical sector is committed to bringing new treatments and cures to patients. This commitment to innovation supports high-quality jobs and is a vital part of every state’s economy and our global economic competitiveness.
Economic Impact In Your State: California
$230B
Total output supported by biophamaceutical sector
$762,771
Total output supported by biophamaceutical sector
759,768
Total Jobs
139,650
Direct Jobs
Clinical Trials in Your State: California
2,152
TOTAL CLINICAL TRIALS
$1.84 billion
INVESTED IN CLINICAL TRIALS
102,669
TOTAL ECONOMIC IMPACT OF CLINICAL TRIAL INVESTMENTS
$5.38 billion
INVESTED IN CLINICAL TRIALS
Programs and Initiatives in Your State: California
State programs and initiatives to promote biopharmaceutical industry development
- ACCELERATING INNOVATION, COMMERCIALIZATION & ENTREPRENEURIAL DEVELOPMENT
BUILDING ADVANCED MANUFACTURING
BUILDING RESEARCH CAPACITY AND/OR R&D INFRASTRUCTURE
ECONOMIC INNOVATION INCENTIVES
STEM EDUCATION & WORKFORCE DEVELOPMENT
VENTURE FINANCING