The Indiana Biotechnology Manufacturing Hub
Indiana is accelerating biotechnology, bioinnovation, and advanced manufacturing in plant, animal, and human health.
Indiana leads the nation in pharmaceutical exports
Indiana is the only state in the nation to manufacture all three COVID-19 vaccines
One of the top three states in exports for all life sciences products – pharmaceuticals, medical devices, and agbiosciences — for more than a decade
Established Biotech Industry
Indiana already has a well-established biotech industry, with companies such as Eli Lilly, Cook Medical, and Roche Diagnostics having a strong presence in the state. This provides a strong foundation for new companies to build on.
Strong Research Universities
Indiana is home to several top-tier research universities, including Indiana University, Purdue University, and the University of Notre Dame. These institutions have a strong track record of research and development in fields such as life sciences, engineering, and medicine.
Indiana has a highly skilled workforce with experience in advanced manufacturing, engineering, and other related fields. The state has a long history of manufacturing, which has helped develop a deep talent pool of skilled workers.
Indiana has an extensive transportation infrastructure that includes major highways, railroads, and airports. This makes it easy to transport raw materials and finished products to and from manufacturing facilities.
Indiana is known for its business-friendly environment, including a low cost of living, low taxes, and a relatively low regulatory burden. The state has been consistently ranked as one of the best places to do business in the country.
Proximity to Major Markets
Indiana is located in the heart of the Midwest, giving it easy access to major markets such as Chicago, Detroit, and Cleveland. This makes it an ideal location for companies looking to distribute their products across the region.
16 Tech Innovation District
The 16 Tech Innovation District is a 50-acre community dedicated to fostering world-changing innovation and economic opportunity. Located in the heart of Indianapolis, 16 Tech is a fast-growing physical space that brings together entrepreneurs, academics, startups, corporations, and community members to collaborate and problem solve.
The COVID-19 pandemic exposed America’s supply chain vulnerability and reliance on the off-shore manufacturing of life sciences products. Indiana is home to pioneers in human, plant, and animal health – all of which are essential to the nation’s ability to care for and feed its people. Future advances in each of these critical sectors will center on the core sciences found in biological product development – the process of building new biomolecular products and the further development of nascent modalities. These interrelated pathways must innovate in parallel. Currently, the research to rapidly advance manufacturing capability is too reliant on an ecosystem of decentralized innovation.
With a focused investment in the Indiana biotechnology manufacturing ecosystem, the Economic Development Administration can tether together disconnected capabilities to expedite the creation of a sector-agnostic biotechnology manufacturing hub in the densest advanced manufacturing state in the nation on a per capita basis. The central concentration of global behemoths like Eli Lilly, Corteva, and Elanco, alongside world-class R1 research institutes like Indiana University, Purdue University, and the University of Notre Dame, make Indiana a prime location to spur next-generation innovation and mitigate the national security risks currently posed by the United States’ over-reliance on off-shore life sciences manufacturing.
In Indiana, 1,116 life sciences new patents were granted in 2022
43 new products were approved by the U.S. Food and Drug Administration
Indiana University School of Medicine is the largest medical school in the country with more than 1,400 medical students.
BioCrossroads is Indiana’s initiative to grow the life sciences, a public-private collaboration that supports the region’s research and corporate strengths while encouraging new business development.
Purdue University features the nation’s top graduate Agricultural & Biological Engineering program for 11 years straight, according to U.S. News & World Report.
Economic output of the state’s life science industry was $77 billion driven by more than 2,700 companies.
Increase in the number of companies in 2022 over 2021.