The life sciences industry has built a solid foothold in South Carolina, where today it ranks as the Southeast’s fastest-growing life sciences ecosystem according to the U.S. Bureau of Labor Statistics.

The life sciences industry is South Carolina’s fastest growing sector, accounting for an annual economic impact of $25.7 billion. With high growth potential and average wages nearly 80% above the state’s average, the industry’s upward trajectory is part of its selection as one of three target sectors in S.C. Commerce’s new strategic framework to guide future economic development efforts, announced in January 2024.