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United States | Los Angeles, CA; Orange County, CA

Report | Los Angeles/Orange County Life Sciences Outlook - 2016

Summary

With more than 25 research institutes, universities and colleges in the region conducting research and training programs, this market is positioned as a major industry player.

Responsible for more than $27.3 billion in annual economic activity, the Los Angeles/Orange County life sciences cluster produces 31 percent of all U.S. patents, despite only accounting for 16.2 percent of VC funding and 9 percent of NIH funding.

The majority of innovation is coming from leading academic research institutions, which may lack experience in commercializing research.

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