Innovation + Collaboration
Virginia is home to more than 600 biomedical and life science companies. Of these, many are located in Virginia Beach and more than 20,000 people are employed in the healthcare field. Companies and entrepreneurs have access to a variety of state and local incentive programs as well as private capital.
This biomedical and life sciences cluster is enhanced by direct access to resources like Eastern Virginia Medical School, Sentara Health, Bon Secours Health System, Children’s Hospital of The Kings’ Daughters, LifeNet Health and its Center for Regenerative Medicine, and the global headquarters of Operation Smile.
The industry also benefits from the support of a variety of research and academic institutions like NASA Langley Research Center, Thomas Jefferson National Accelerator Facility, Old Dominion University, Hampton University, and Tidewater Community College.
Focus areas for biomedical and life sciences activities include diabetes, reproductive health, regenerative medicine, cardiology, urology, cancer, piezo-electrics, and photon therapies.
The bioscience industry is one of the most important industries powering economic growth in the United States and is responsible for creating more than 5,000 new jobs and $1.9 billion in biomedical and life science-related capital investment in Virginia in the past decade alone.