This is Derek Miller, Speaking on Business. Utah’s life sciences industry is a key driver of our state’s economy, and BioUtah serves as its dedicated trade association — working to ensure the state remains a leader in life sciences innovation. President and CEO, Kelvyn Cullimore, joins us with more.
Kelvyn Cullimore:
As one of the fastest-growing biotech hubs in the nation, Utah’s life sciences industry generates over 22 billion dollars in GDP, 182,000 jobs and wages at nearly 50 percent higher than the state average.
This industry is comprised of medical device and diagnostic manufacturers, pharmaceutical companies, medical labs, and research facilities, whose products touch millions of patients each year and help fuel the Utah economy.
BioUtah members include medical device manufacturers like Merit Medical, BD, Stryker and Fresenius; medical laboratories like ARUP and Nelson Labs; and pharmaceutical developers Teva, Denali, and Halia Therapeutics, among many others.
Utah punches well above its weight in bringing innovative medical technologies to patients worldwide, such as brain and computer interface technology from Blackrock Neurotech, innovative heart valve replacement systems by Edwards Lifesciences, AI for enhanced drug discovery by Recursion, and Nusano’s radioisotope technology, and so much more.
Derek Miller:
BioUtah is on a mission to build awareness and advance Utah’s innovative, patient-focused life sciences industry. Through their work, they’re making a real difference in the lives of Utahns. Learn more at BioUtah.org today. I’m Derek Miller, with the Salt Lake Chamber, Speaking on Business.
