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About Business Oregon Life Science/Bioscience is one of Oregon’s leading Target Industries, and has become an emerging, competitive segment of the state’s economy. Oregon is also one of only six states that has been chosen to receive US Federal funding to develop a Microfluidics Hub called CorMic in Corvallis, Oregon. This represents the possibility of Billions of dollars in future Life Science Development for Oregon. Due to a recent expansion and influx of firms, like Genentech (a Roche subsidiary) and Twist Bioscience, Oregon’s bio community is growing faster and gaining more market share vs. many other U.S. states. With nearly 1,500 establishments, Oregon’s Bio market produced $15.7 billion (2022) in economic output, and nearly $1 billion in pharmaceuticals, medicine, and medical equipment. As one of the fastest growing parts of Oregon’s innovation economy, bioscience is generating exciting new research, life-changing products, and attracting increased amounts of venture capital, and foreign direct investment. About Business Oregon Life Science/Bioscience is one of Oregon’s leading Target Industries, and has become an emerging, competitive segment of the state’s economy. Oregon is also one of only six states that has been chosen to receive US Federal funding to develop a Microfluidics Hub called CorMic in Corvallis, Oregon. This represents the possibility of Billions of dollars in future Life Science Development for Oregon. Due to a recent expansion and influx of firms, like Genentech (a Roche subsidiary) and Twist Bioscience, Oregon’s bio community is growing faster and gaining more market share vs. many other U.S. states. With nearly 1,500 establishments, Oregon’s Bio market produced $15.7 billion (2022) in economic output, and nearly $1 billion in pharmaceuticals, medicine, and medical equipment. As one of the fastest growing parts of Oregon’s innovation economy, bioscience is generating exciting new research, life-changing products, and attracting increased amounts of venture capital, and foreign direct investment. Business Oregon is the State of Oregon’s economic development agency. Bioscience is one of Oregon’s leading Target Industries and has become an emerging, competitive segment of Oregon’s economy. Major Life Science/Bioscience firms like Genentech (a Roche Subsidiary), Lonza, ThermoFisher Scientific, and Twist bioscience all have significant facilities in Oregon, and our bio community is growing faster and gaining more market share vs. many other U.S. states. With nearly 2,000 companies and 75,000 employees, Oregon’s Bioscience market produced $21.2 billion (2023) in total economic output, and $5.6 billion in pharmaceutical, medicine, and medical equipment exports. As one of the fastest-growing parts of Oregon’s innovation economy, bioscience is generating exciting new research, and life-changing products, and attracting increased amounts of venture capital, and foreign direct investment. Our core functions include business retention, expansion, and recruitment; export promotion and international trade; industry research and development and entrepreneurship; small business assistance; rural community development and infrastructure financing; and support for arts and cultural organizations.