A billion-dollar center of research
Pittsburgh's been making a big bet since the 1940s on health care and life sciences as key drivers of a diverse regional economy.
Ongoing government, foundation and corporate investment in the sector has turned Pittsburgh into a top five recipient of NIH grants for medical research, much of it channeled through the University of Pittsburgh. Research and clinical innovations at the UPMC and the newly-formed Allegheny Health Network, as well as bio-technology breakthroughs at Carnegie Mellon University have contributed to the growth of healthcare. So have the thousands of medical professionals graduated each year from Pitt, Carlow University, Chatham University, Duquesne University, Seton Hill University and Robert Morris University.
UPMC has grown into the region's largest employer and an $8 billion global healthcare enterprise. Among the hundreds of companies in the thriving life sciences sector are Bayer Healthcare, GlaxoSmithKline Consumer Healthcare, Mylan and Philips, offering careers in medical devices, consumer products and pharmaceuticals. Promising startups are engaged in regenerative medicine, drug discovery, diagnostic technologies, medical devices, and a variety of clinical therapies.
All told this sector employs more than 141,076 people at almost 5,600 establishments, with 96 percent of those jobs in healthcare.
Considering relocating or expanding a business, or investing in healthcare and life sciences? Contact the Pittsburgh Regional Alliance.