Life Sciences & Health Care
More than 100 firms in Ann Arbor are developing technologies to address disease detection and treatment. Strengths are medical devices, imaging, diagnostics, and pharmaceutical development. Support firms include CROs, bioinformatics, and related software development.
A strong information and data sector is located in Ann Arbor as well.
| # employed in life sciences |
3,870 |
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Area life science firms develop products that attract venture capital investments and research grants.
| 2009-2010 Venture capital investments |
$75,600,000 |
| 2009-2010 Grants |
$14,202,548 |
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Large life sciences-related firms have found the Ann Arbor area a fertile area for acquisitions. Johnson and Johnson, Becton, Dickinson and Company, and i3 purchased local life sciences firms and made the decision to continue to grow the firms here.
Hospitals and Medical Centers
The region is home to three hospital/medical center complexes, anchored by the University of Michigan Hospitals and Medical Center.
The University of Michigan hospitals and medical center are consistently found on the U.S. News and Business Report’s Best Hospitals Honor Roll and ranks among the top 10 medical research universities.
Two additional health centers are located here. St. Joseph Mercy is a 537-bed hospital with cardiac and cancer centers. The U.S. Veterans Administration hospital provides services to veterans in a 15-county region.
| # employed in hospitals and medical centers |
31,162 |
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University of Michigan
| Total research expenditures 2010 |
$1,139,493,986 |
| NIH funding |
$507,485,540 |
| CDC funding |
$ 13,208,585 |
| $39.6M in royalties and equity sales |
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Wet Lab Space
The Ann Arbor region has wet and dry lab space to house start-ups and growing firms. The Michigan Life Science and Innovation Center offers sophisticated wet lab space appropriate for pharmaceutical development.
Top 10 Life Sciences Employers
| ThomsonReuters Healthcare |
766 |
| Terumo Cardiovascular |
400 |
| I3 |
210 |
| Cayman Chemical |
170 |
| HealthMedia |
150 |
| Terumo Heart |
115 |
| Pall Life Sciences |
90 |
| Accuri Cytometers |
80 |
| Enzo Life Sciences |
75 |
| NuStep |
75 |