San Diego is home to one of the country’s largest life sciences ecosystems, including world-class public and private research institutions that turn breakthrough discoveries into much-needed therapies and cures. We have over 1,000 life science companies, including most of the major biopharmaceutical companies who rely on our talent base for their research. But most are small, scrappy startups trying to solve hard science problems with private risk capital.
CA50 receives nearly $1 billion in National Institutes of Health (NIH) grant funding every year. With the help of the private sector, the San Diego region leveraged its public research funding to generate more than $54 billion of total economic output in 2024. It's a major source of pride for our community as well as a crucial part of our local and national economy. For every $1.00 we invest in NIH research, our economy grows by $2.50. In 2024, the life sciences industry directly employed 71,448 people and supported a total of 166,907 jobs throughout San Diego.