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Virginia's Life Science Community By the Numbers
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1,451 Companies
Life science companies in Virginia.
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$8B Industry
Life Science contributes $8B to Virginia's economy.
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26,545 People
Employed by Life Science companies in Virginia.
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$77,848 Average Wage
Average earnings of life science workers in Virginia.
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1,197 Clinical trials
Biopharmaceutical industry-sponsored trials in Virginia per year.
News
04/17/2024
U.S. Department of Health and Human Services Awards Kaléo with Contract to Develop Next Generation Organophosphate Nerve Agent Poisoning Countermeasure
Kaléo, a privately-held U.S. pharmaceutical company today announced their selection by the Biomedical Advanced Research and Development Authority (BARDA), part of Administration for Strategic Preparedness and Response (ASPR) within the U.S. Department of Health and Human Services (HHS), to develop the latest generation pralidoxime chloride auto-injector as a countermeasure against organophosphate or nerve agent poisoning. …
04/15/2024
Activation Capital Welcomes Dr. Jim Pannucci as its Vice President of Entrepreneurship
Activation Capital, an innovation ecosystem development organization, announced today that it has appointed Jim Pannucci, Ph.D., PMP as its Vice President of Entrepreneurship. As the new Vice President of Entrepreneurship, Dr. Pannucci will help Activation Capital continue to grow a deep talent base of life sciences entrepreneurs operating in the region and help empower them …
04/10/2024
Phlow kicks off drug ingredient production in Petersburg
A local pharma company and player in a regional effort to build a pharmaceutical hub in Central Virginia has started manufacturing operations. Richmond-based Phlow Corp. recently began manufacturing ingredients used in medicines at a facility at 2818 N. Normandy Drive in Petersburg, according to Robby Demeria, the company’s chief corporate affairs officer. The 19,200-square-foot facility …