Biocom’s 2026 Life Science Economic Impact Report provides new data and insights on the performance of California’s life science industry. Developed in partnership with UC San Diego and HSBC Innovation Banking, the report examines economic impact, investment activity, research funding, workforce trends, manufacturing strength and the forces shaping the future of innovation.
The Bay Area remained California’s largest life science cluster in 2025, directly employing 137,779 life science workers and generating $121.6 billion in economic output. The region supported 237,150 total jobs, attracted $11.5 billion in life science investment and secured $2.2 billion in NIH and NSF funding.
