LifeSciences BC > About LSBC > About the Industry

Print Friendly

About the Industry

In September 2013, LifeSciences BC released a report that details the sector’s footprint in the province.

British Columbia’s Life Sciences Industry: an Economic Overview

  • Number of life sciences organizations in British Columbia: 310
  • Total estimated expenditures: $902 million
  • Total estimated employment: 8,500 FTEs (direct) + 5,500 FTEs (indirect) 14,000 FTEs
  • Total estimated wages and salaries paid: $570 million
  • Average annual life sciences industry wage: $68,000
  • Total estimated life sciences research funding from for-profit, not-for-profit and government organizations: $424 million
  • Total estimated impact on provincial GDP: $1.03 billion

To download the report, please click here.