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California Life Sciences Rebound in 2024, Driving Innovation and Economic Output

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Carlsbad, Thermo Fisher Scientific, San Diego
Courtesy of National Cancer Institute
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California’s life science industry regained momentum in 2024, reinforcing its position as a global leader in biotechnology, diagnostics and medical device innovation. According to the 2025 Biocom California Life Science Economic Impact Report, the sector produced $395.7 billion in total business output last year, supported $125.7 billion in labor income and employed approximately 1.15 million […]

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