The Puget Sound metropolitan area is recognized as one of the premier biotechnology and medical technology centers in the world.  Companies in this industry are developing revolutionary methods for the diagnosis and treatment of cancer, AIDS, cystic fibrosis, multiple sclerosis, rheumatoid arthritis and other serious conditions.  Medical device firms are leaders in the research and development of ultrasound imaging and heart defibrillation products.  Snohomish County companies are playing a major global role in this dynamic and ever-changing sector of the economy.

• Since 1980, the state's research institutions have attracted $19.3 billion into the state, mostly in the form of federal research and training money focused on health science and environmental-related basic research.

• The Puget Sound region has the nation’s 8th largest concentration of biotechnology companies and research facilities.

• The Snohomish County market is home to nearly 25% of all Washington State biotech and biomedical companies and 26% of all employees.

• The majority of the companies in Washington state (51%) are focused on research & development of therapeutic products; diagnostics (26%); genomics/informatics (7%); plant, agriculture & animal (6%); natural resources (1%); and other, including contract manufacturing & genetic testing (9%).

• During the last five year period, real estate transactions involving biotech and biomedical companies in the region accounted for over four million square feet.

• Biotechnology and medical technology companies in Washington State directly employ more than 20,000 people with indirect employment exceeding 46,000.

• Snohomish County biotech and biomedical companies provide clinical testing facilities, research and development for juvenile diabetes, cancer research, ultrasound equipment, pharmaceutical development and manufacturing.

REPORTS

Snohomish County EDC - Area Biotech Education & Training Programs