Washington’s Life Science Industry Bolsters Slowing Economy


The life science industry tends to be a buffer when the economy slows; in fact, a recent analysis by the Puget Sound Business Journal indicates that the healthcare and life science industries have kept the economy out of recession.

In Washington state, our life science companies continue to strengthen the state’s economy with the industry expanding another 10% over the past two years during the pandemic, according to a recent report from BIO.