Industry Sector: Life Sciences
26
THIRD COAST FOR LIFE SCIENCES Houston is home to the largest medical complex in the world - the Texas Medical Center - and provides clinical health care, research and education at its 54 institutions.
The healthcare and life sciences industries employ more than 320,000 workers, making it larger than Houston’s energy sector. Houston is home to more than 190 life science companies and start-ups, 132 hospitals and health clinics, and some of the country’s top research facilities. TMCx is one of the country’s largest life science business incubators facilitating the development of early-stage digital health and medical device companies, while housing the cutting edge JLABS incubator from Johnson & Johnson’s Innovation.
WORKFORCE Home to more than 19,400 biotech specialists
56,000 students study medicine, biotech and healthcare annually
$1.8 billion in life sciences research annually Largest medical center in the world with unmatched patient volumes, clinical trials and research
RESEARCH More than 1,300 National Institutes of Health grants awarded in the Houston region totaling $610 million in 2016 Over 25 Research and Innovation Centers
6,650 of the world’s top medical researchers in the areas of genomics, clinical research, regenerative medicine, immune-therapeutics, translational research and health I.T.
Cancer Prevention Research Institute of Texas has awarded over $600 million in grants to the Houston region Nearly 4,200 active clinical trials in the Houston region or 14% of all trials in the U.S.
VENTURE CAPITAL Life science firms in Houston have attracted more than $311 million in venture capital (VC) investment since 2012
The Texas Medical Center launched the TMC Venture Fund in 2017, aiming to raise and invest $25 million in capital early stage health care technology companies in the Houston area
