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PROPERTY: BioMed's i3 Will Provide Location, Innovation and Inspiration

Emmet Pierce, SAN DIEGO BUSINESS JOURNAL

Thursday, August 6, 2015

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Life science has become a major driver of the local economy. According to a recent analysis of state Employment Development Department statistics by the National University System Institute for Policy Research, the biotech/pharmaceutical/biomed sector, which includes research and development as well as manufacturing, accounts for about 33,400 jobs in San Diego County.
"The average wage is now about $140,000 for biotech/pharmaceutical jobs," said Kelly Cunningham, an economist for NUSIPR. "That is pretty impressive."