The team at Intersect Illinois will connect with pharmaceuticals and biotechnology industry leaders at Interphex 2024 in New York City April 16-18. The conference provides the unique opportunity to bridge the gap between science and business and offers a comprehensive view of advancements in pharmaceutical manufacturing and innovation.
At Interphex, we’ll highlight why Illinois is a great place for pharmaceutical and biotechnology companies to do business, offering company leaders with expansion or relocation on the horizon the resources to scale. Illinois—specifically Chicago—is one of the nation’s premier hubs for biotech development. For companies fostering world–leading innovation, there’s no better place to grow than in Illinois.
Why Illinois?
- Chicago was chosen over 58 cities for the Chan Zuckerberg Initiative’s next Biohub. A collaboration between University of Chicago, University of Illinois Urbana-Champaign, and Northwestern University came together to bring the Biohub, a cutting-edge research and development lab, to Illinois.
- Illinois is home to 4 out of the top 10 largest medical device companies, according to the 2023 Medtech Big 100 report; with combined revenue of almost $70 billion, Medline, Baxter, Abbott, and GE Health are driving the medtech sector growth in Metro-Chicago.
- Illinois is 1 of only 6 states with both a large employment share and a specialized concentration of jobs in pharmaceuticals and the only state that has both a large employment share and a specialized concentration of jobs in bioscience-related distribution, according to TEConomy’s Bioscience Industry report, a testament to our ability to lead the way in life sciences.
Illinois is among the nation’s top five states for producing life sciences talent, has a lower cost for lab space than cities on the coasts, provides easy access to the world, and is home to a thriving ecosystem of support. That is why more than 14,000 life sciences companies employ more than 577K people throughout the state. If your pharmaceutical or biosciences company is looking to grow, there is no better place than Illinois.
Connect with Us
Will you or someone you know be at Interphex this year? Let’s connect! We’d love to share more about what we do, and what we can do for you.
Not attending Interphex but still interested in learning more about how growing your business in Illinois can benefit your company? Contact us today.
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