Choose New Jersey Announces Tim Crouch as Organization's Chief Strategy Officer

Life Sciences By the Numbers

# 0
STATE FOR BIOTECH GROWTH POTENTIAL

Source: Business Facilities, 2015

# 0
FOR DRUGS/PHARMA EMPLOYMENT (NEWARK & JERSEY CITY)

Source: Business Facilities, 2017

# 0
STATE FOR BIOTECH STRENGTH

Source: Business Facilities, 2017

0
OF THE TOP 20 BIOPHARMACEUTICAL COMPANIES
Source: Pharmaceutical Executive, 2018
0 %
OF 2017 FDA APPROVALS CAME FROM COMPANIES WITH A FOOTPRINT IN NJ

Source: US Food & Drug Administration, 2017

0
ACADEMIC PATENTS (2010-2014)

Source: BioNJ, 2010-2014

0
BIOPHARMA PATENTS (2010-2014)

Source: BioNJ, 2010-2014

0 %
BIOPHARMA PATENTS (2010-2014)

Source: Bureau of Labor Market Information. Winter 2018

0
EMPLOYED IN THE LIFE SCIENCES INDUSTRY

Source: Bureau of Labor Market Information. Winter 2018

TOP PHARMACEUTICAL COMPANIES

wdt_ID Company
1 Allegran
2 Bayer Healthcare
3 Bristol-Myers Squibb
4 Eli Lilly
5 GlaxoSmithKline
6 Johnson & Johnson
7 Merck
8 Novartis
9 Novo Nordisk
10 Pfizer
Source: Pharmaceutical Executive, 2018

LEADING BIOTECH COMPANIES

wdt_ID Company
1 Advaxis, Inc.
2 Amicus Therapeutics
3 Bracco Diagnostics, Inc.
4 Cancer Genetics, Inc.
5 Celldex Therapeutics
Source: BioNJ, 2017

COMPARISON OF REAL ESTATE COST BY REGION

wdt_ID Asset Class New Jersey California Massachusetts North Carolina New York Pennsylvania Connecticut
6 Class A Office Space¹ $36.36 (North)
$31.71 (Central)
$24.91 (South)
$79.06 (San Francisco)
$46.81 (Los Angeles)
$49.44 (San Diego)
$75.18 (Cambridge)
$63.17 (Boston)
$34.20 (Durham-Raleigh) $90.82 (Manhattan)
$58.00 (Brooklyn)
$33.11 (Philadelphia)
$28.28 (Pittsburgh)
$22.35 (New Haven)
$36.11 (Fairfield County)
7 LAB Space² $37.50 (Statewide) $75.84 (San Francisco)
$30.72 (Los Angeles)
$123.52 (Cambridge)
$103.79 (Boston)
$24.97 (Durham-Raleigh) $85.00 (Manhattan) $46.23 (Philadelphia) N/A
9 Industrial Space⁴ $12.58 (North)
$11.38 (Central)
$8.14 (South)
$18.83 (San Francisco)
$13.78 (Los Angeles)
$14.76 (San Diego)
$10.75 (Boston) $6.35 (Durham-Raleigh) $12.45 (Long Island)
$20.60 (Outer Boroughs)
$6.99 (Philadelphia)
$11.19 (Pittsburgh)
$5.25 (Hartford)
$6.54 (New Haven)
Source: JLL, 2016

LIFE SCIENCE EMPLOYEES BY COUNTY

wdt_ID County Life Science Companies Per County
Source: Bureau of Labor Market Information, Winter 2018

TOP OCCUPATIONS FOR INDUSTRY

wdt_ID Pharmaceutical Industry Employment
1 Druggists' Goods Merchant Wholesalers 16,050
2 Pharmaceutical Preparation Manufacturing 15,790
3 Toilet Preparation Manufacturing 6,440
4 Soap & Other Detergent Manufacturing 1,110
wdt_ID Biotechnology Industry Employment
1 R&D in physical, engineering & life sciences 15,060
2 R&D in Biotechnology 14,070
3 Medical Laboratories 11,360
4 Diagnostic Imaging Centers 3,330
5 Social Science/Humanities Research 1,310
wdt_ID Medical Devices Industry Employment
1 Surgical Appliance & Supplies Mfg. 6,870
2 Surgical & Medical Instrument Mfg. 2,540
3 Electromedical Apparatus Mfg. 1,900
4 Electricity & Signal Testing Instrument Mfg. 1,320
5 Dental Laboratories 960
Source: Bureau of Labor Market Information, Winter 2018

EDUCATION ATTAINMENT

wdt_ID Degree NJ US
1 High School Graduate or Higher 88.90% 87.00%
2 Bachelor’s Degree or Higher 37.50% 30.30%
3 Graduate or Professional Degree 14.40% 11.50%
Source: US Census – Educational Attainment, 2016

EDUCATION

2 of 0
AAU RESEARCH SCHOOLS

Princeton University
& Rutgers, The State University of New Jersey

SELECT INSTITUTIONS OF HIGHER EDUCATION

wdt_ID Institute County Undergraduate Graduate
1 Rutgers University Camden, Essex, Middlesex 55,086 21,982
2 Montclair State University Essex 18,348 5,241
3 Thomas Edison University of New Jersey Mercer 16,506 1,005
4 Rowan University Gloucester 14,726 3,716
5 Kean University Union 13,730 3,090
6 William Paterson University Passaic 11,184 1,972
7 Fairleigh Dickinson University Bergen, Morris 9,206 4,920
8 New Jersey Institute of Technology Essex 8,992 3,922
9 Stockton University Atlantic 8,971 1,118
10 New Jersey City University Hudson 7,469 2,593
11 The College of New Jersey Mercer 7,217 1,696
12 Ramapo College Bergen 6,456 542
13 Seton Hall University Essex 6,349 4,666
14 Princeton University Mercer 5,666 2,810
15 Monmouth University Monmouth 4,992 2,145
16 Rider University Mercer 4,520 1,224
17 Stevens Institute of Technology Hudson 3,076 4,517
Source: Office of the Secretary of Higher Education, 2016

WHAT CAN CHOOSE New Jersey DO FOR YOU

Relocation & Expansion Services

We provide customized RFI responses, demographics, detailed market assessments and other complimentary business relocation and expansion services. When your company chooses to grow in New Jersey, we also will help you publicize your good news.

Site Visits

We’ll make your property search seamless, so you find the site that best meets your relocation or expansion needs.

Economic Development Connections

Our public and private partners provide a wide range of services. From higher education research collaboration to regulatory and legal assistance to workforce training, they’ll ensure you have a smooth landing.

Rena Sherman
Director of Research & Strategic Partnerships
Bill Noonan
Chief Business Development Officer