Big news in the Philadelphia life sciences scene! Last month, Governor Shapiro committed $125 million to launch Innovate in PA 2.0, which will help fund startups, build a statewide clinical trial network, and strengthen the innovation ecosystem in the life sciences across Pennsylvania.
A few highlights:
~ PA's life sciences sector already employs 100,000 people across 3,000 companies
~ Philly was ranked a top five region nationally for life sciences investment and leasing in 2025
~ This is the biggest state commitment to our industry in almost 30 years!
As a PA native, it's great to see this kind of investment doubling down on Philly and PA more broadly as a hub for biotech investment and innovation!
#LifeSciences #Biotech #StartUps #Philadelphia #Pennsylvania #InnovatePA #Innovation #AshleyFinney
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Major Investment in PA Life Sciences Innovation
“Innovate in PA 2.0 will help promising startups grow, strengthen our life sciences ecosystem, and connect more Pennsylvanians to good-paying jobs that will define the future. From biotech and robotics to advanced manufacturing and energy, we're making strategic investments that help Pennsylvania compete, win, and lead the nation in innovation.”
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