About Life Science Tennessee
Life Science Tennessee is a statewide, non-profit, member organization whose mission is to advance and grow the life science industry in Tennessee through advocacy, partnerships and alignment with economic and workforce development.
Members include companies, universities, research institutions, government and economic development groups, and other industry associations involved in discovery and application of life sciences products and related services that improve the health and well-being of people throughout the world.
LST conducts business and economic development activities; advocates on behalf of the industry; educates the public about the benefits of life sciences research and product development; and provides a network for the exchange of ideas, information and opportunities.
The Life Science Industry in Tennessee
The life science industry, sometimes referred to as biosciences, is a diverse group of sectors and activities with a common link – they apply knowledge of the way in which plants, animals and humans function. The industry spans different markets and includes manufacturing, services and research activities. The life science industry includes companies in the fields of biotechnology, pharmaceuticals, biomedical technologies, life systems technologies, nutraceuticals, cosmeceuticals, food processing, environmental biology and biomedical devices. It also includes organizations and institutions that devote the majority of their efforts to various stages of research, development, technology transfer and commercialization. By definition, biosciences are a unique industry cluster and are constantly changing to incorporate the latest research and scientific discoveries.
Broadly defined, the industry includes the following five sectors:
- Agricultural Feedstock and Chemicals – 1,274 employed
- Drugs and Pharmaceuticals – 2,339 employed
- Medical Devices and Equipment – 8,541 employed
- Research, Testing and Medical Laboratories – 8,014 employed
- Biologistics* – 13,739 employed
*Biologistics is a specialized sub-category, with a cluster of expertise in West Tennessee. The sub-sector focuses on logistics, warehousing and distribution of biomedical products across the marketplace.
TENNESSEE BY THE NUMBERS
LIFE SCIENCE BUSINESSES IN TENNESSEE
EMPLOYEES IN THE INDUSTRY ACROSS THE STATE
AVERAGE ANNUAL WAGE OF A LIFE SCIENCES EMPLOYEE
NIH FUNDED RESEARCH IN TN IN 2017