3,900 life science firms: Texas is home to more than 3,900 life science and research firms, and approximately 97,600 workers in related fields.
World’s largest: The Texas Medical Center (TMC) is the world’s largest medical complex, and is also home to the world’s largest children’s hospital—the Texas Children’s Hospital— and the world’s largest cancer hospital—MD Anderson Cancer Center.
$1.3 billion: From 2008 to 2013, venture capitalists invested $1.3 billion in 161 biotech and medical device deals.
$2.5 billion: In 2014 alone, Texas public institutions of higher education spent nearly $2.5 billion on medical and life sciences research, accounting for more than 56% of all higher education R&D expenditures in the state.
20,400 studies: In Fall 2015, Texas ranked third nationally for number for clinical trials, with approximately 20,400 studies underway according to the National Institute of Health
Additional industry information: