Global Life Sciences Cluster Report 2011 - Jones Lang LaSalle

11th
11.9%
8th
% life science
employment
12.9
Science and
engineering
students
(per 1,000)
Established cluster
San Diego
6th
$823.7
NIH funding
(in millions)
Rank in relation to 16 United States clusters
3rd
$560.7
VC funding
(in millions)
35 Americas | Jones Lang LaSalle
4th
4.3%
14th
State
R&D spend
(as % of GDP)
2,821
Research
facilities
(in thousands
of square feet)
Overview
Overall rank based on quantitative data,
among 16 United States clusters.
World-class research institutions and the
highest per-capita concentration of holders
of Ph.D. degrees define the character of
San Diego’s life sciences cluster.
The San Diego region is one of the largest life sciences clusters
in the United States, anchored by prominent non-profit medical
research institutions and R&D-oriented private companies
such as The Scripps Research Institute, Sanford-Burnham
Medical Research Institute, Synthetic Genomics, Pacira
Pharmaceuticals and Althea Technologies.
At third quarter 2011, the majority of deals were being inked
for spaces below 20,000 square feet, speaking to San Diego’s
heavy concentration of incubator and start-up companies. The
labor markets and availability of capital — indicators that point
to the continuance of today’s increase in leasing activity— are
strong and forecasted to end the year on a positive note.
Tof C