Life Sciences

Advanced Technologies Today for a Healthier Tomorrow

Austin’s growing cluster of innovative life sciences companies embraces the area’s technology infrastructure. The result? A region of both established and emerging companies that are changing the face of healthcare.

Austin’s growing cluster of innovative life sciences companies embraces the area’s technology infrastructure. The result? A region of both established and emerging companies that are changing the face of healthcare.

Austin is home to best-in-class research facilities and boasts one of the most educated populations in the U.S. The dynamic, creative, and entrepreneurial environment is fueled by the availability of funding, research collaboration, clinical trials, and skilled talent. The Dell Medical School at the University of Texas at Austin, which welcomed its first class in 2016, will transform the local economy as dramatically as the semiconductor and dot-com industries did in previous decades.

Through a mix of strategic relocations and continued support for our existing industry, Austin’s life sciences cluster has evolved into a well-rounded representation of the industry as a whole. Over 240 life sciences companies in the region, and a workforce of nearly 15,000 is focused on the highest growth segments and research areas in the industry, including the specialties of biologics, medical devices, diagnostics, pharmaceutical, contract research, and others. We’re in good company: more than 3,900 companies with 97,600 workers make the State of Texas one of the leading biotech states in the country.

Austin's Life Sciences Industry

  • Medical device/diagnostics (33%)
  • Biologics/biotech (12%)
  • Contract Research Organizations (17%)
  • Pharmaceuticals (16%)
  • Other (22%)

Research & Development

Collaboration between Greater Austin’s research facilities and educational institutions provides bench-to-bedside research and training, leading to solutions for today’s health issues.

There are more than 20 colleges and universities providing life sciences-related and healthcare education in the Austin region.The University of Texas at Austin, a Tier 1 research university, is the driver for innovation with over $600 million in annual research funding. Over 50 research units are related to the life sciences. The College of Pharmacy is ranked as one of the top four pharmacy programs in the U.S. UT Austin’s world-class programs include bioengineering, nanotechnology, bioinformatics and pharmaceutical research.

  • The Dell Medical School at The University of Texas at Austin, which welcomed its first class in 2016, will improve health in Travis County and throughout the country by training new physicians, providing treatment in a new teaching hospital, and conducting research to expand knowledge of medicine and medical technology. As part of a visionary partnership with Ascension Seton, part of Ascension Health, the largest not-for-profit health system in the U.S., and Central Health, a public healthcare district, a new $295 million teaching hospital opened in 2017 adjacent to the new Dell Medical School. By designing these facilities concurrently within an integrated complex, the effort represents an unprecedented opportunity to create the best possible environment to respond to community needs and provide patient care. The adjacent old hospital that the new Dell Seton Medical Center replaces is on a 14+ acre site that will become the first phase of an innovation district that has long been envisioned in the city of Austin. In late 2017, Central Health announced that it has selected a developer for the site.
  • The Texas A&M Health Science Center College of Medicine is a community-based medical school providing third- and fourth-year clinical training at regional clinical campuses around the state through affiliations through local physicians, clinics and hospitals. At the Round Rock clinical campus, clerkship directors direct the students' rotations in family medicine, internal medicine, obstetrics/gynecology, pediatrics, psychiatry and surgery at sites across Williamson County. Additional community physicians serve as clerkship faculty in these and other clinical areas.
  • The Texas Life-Sciences Collaboration Center (TLCC), a non-profit organization, was founded in Georgetown in 2007 to help take companies that have commercially viable biotechnology and life sciences products to the next level. Southwestern University is one of the founding members of the TLCC, along with the City of Georgetown, the Georgetown Chamber of Commerce, and Georgetown Independent School District.
Talent

In the Austin metro area, you’ll find a combined enrollment of 177,000 students in four-year and community colleges. This provides an ample supply of well-educated workers to area employers. Within 200 miles of Austin, an additional 86 four-year colleges and universities enroll nearly 468,000, providing one of the world’s strongest talent pools. Life and physical scientists number over 5,100 in the metropolitan area’s workforce—approximately 47 percent of those are in life sciences fields.

Pharmaceutical & Biotech Development

Pharmaceutical and biotech companies currently comprise 28% of Austin's life sciences cluster. The region's world-class talent, Tier-1 educational institutions, and history of industry-academia collaboration make it a natural fit for innovative companies.

Pharmaceutical & Biotech Companies
  • Aeglea BioTherapeutics
  • Agilent Technologies
  • Allergan
  • Caisson Biotech
  • Celling Technologies
  • Grifols
  • ICU Medical
  • INC Research
  • Insys Therapeutics
  • Luminex Corp.
  • NewLink Genetics
  • Pharmaceutical Product Development
  • ResearchPoint Global
  • SACHEM
  • Thermo Fisher Scientific
  • Worldwide Clinical Trials
  • Xbiotech

Medical Device

With its exceptional workforce, highly rated quality of place, and welcoming business climate, it is no surprise that a wide range of medical device and diagnostics companies call the Austin region home. Medical device and diagnostics companies represent 31% of Austin’s life sciences cluster. Austin’s established technology-driven talent base is a magnet for medical device companies.

“There’s a spirit in Austin that prides itself in innovation. That's where we wanted to be.”
Tom Kirk, President & CEO, Hanger

Medical Device Companies

  • Apollo Endosurgery
  • Cryolife
  • DJO Surgical
  • Hanger
  • HealthTronics
  • Integra LifeSciences
  • International Biomedical
  • OriGen Biomedical
  • Ottobock Healthcare
  • Renovis Surgical
  • RTI Surgical
  • Smith & Nephew
  • Spinesmith Partners
  • St. Jude Medical
  • Zimmer Biomet

Healthcare Information Technology

Austin is home to a number of companies that manage the secure exchange of health information between consumers, providers, government and quality entities, and insurers. Innovation in the health information technology space will also be at the center of the Dell Medical School’s mission to create affordable and efficient means for healthcare delivery throughout the community.

“The exceptional depth of technical talent in Austin has driven our development of technologies that solve hospitals’ most pressing challenges: strengthening hospital-physician alignment and clinical performance. We are continuing to invest in our Austin office as we enhance our portfolio of technology services that help hospitals and health systems shift toward value-based and risk-oriented care.”
Paul Roscoe, CEO, Crimson Division, The Advisory Board Company

Healthcare IT Companies

  • Advisory Board Company
  • athenahealth
  • Caduceus Systems
  • ClearDATA
  • e-MDs
  • ePatientFinder
  • ESO Solutions
  • Express Scripts
  • Experian Healthcare
  • Kinnser Software
  • Lumeris
  • Merck IT
  • NextGen Healthcare Information Systems
  • PotentiaMetrics
  • VersaSuite

Additional Resources

Contact
  • For Relocating & Existing Austin Companies

    Arthur Jackson
    Director, Economic Development
    email: ajackson@austinchamber.com
    Phone: 512.322.5611