Biotech Bay

San Francisco and Northern California

The Biotech Bay Hotbed includes the San Francisco Bay, Menlo Park and Palo Alto regions of Northern California.

California is a dominant force in the life sciences sector, hosting global leaders and start-ups alike and is a center for cutting-edge science and medicine. Major research universities in the region, including Stanford University, University of California, Berkeley and University of California, San Francisco contribute to the success of Biotech Bay as an innovation and research hub.

Biotech Bay is also home to industry membership associations including California Life Sciences, which is headquartered in South San Francisco.

In 2023, California’s life sciences sector produced $472 billion and supported more than a million jobs. Though hiring slowed across the industry throughout 2023 as the economic environment presents funding challenges, Biotech Bay remains a robust center of life sciences careers.

NEWS FROM BIOTECH BAY
FEATURED COMPANIES
Bristol Myers Squibb has made significant cuts to its workforce since last year as part of a strategic reorganization aimed at saving $3.5 billion through 2027. The latest cuts in Lawrenceville, New Jersey, bring that area’s total number of disclosed cuts this year to 806.
MORE COMPANIES IN BIOTECH BAY
MORE COMPANIES IN BIOTECH BAY
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