Utah's Life Sciences Industry to Showcase $22B Economic Impact at State Capitol

Utah's position as one of the nation's fastest-growing healthcare innovation hubs will take center stage as more than 25 leading life sciences companies gather at the Utah State Capitol on January 30, 2025. The annual Life Sciences Day on the Hill, organized by BioUtah in partnership with the Utah Life Sciences Innovation Caucus and the Governor's Office of Economic Opportunity, showcases an industry that now contributes $22 billion to Utah's GDP.

The event, running from 11:00 am to 2:00 pm MT in the capitol rotunda, brings together industry leaders from diverse sectors including medical devices, diagnostics, biotechnology, and pharmaceuticals. Major participants include Intermountain Health, Merit Medical Systems, BD, and the University of Utah, representing a cross-section of an industry that now employs 180,000 Utahns across more than 1,600 companies.

The timing of this showcase is particularly significant as it provides a platform for direct engagement between industry innovators and state legislators during the legislative session. According to Kelvyn Cullimore, president and CEO of BioUtah, the event serves as a crucial opportunity for policymakers to understand the transformative healthcare technologies being developed within the state.

The strong presence of Utah's life sciences sector, evidenced by its substantial economic contribution and employment figures, positions the state as a significant player in the national healthcare innovation landscape. This gathering of industry leaders not only highlights Utah's current achievements but also signals the potential for continued growth and innovation in the healthcare sector, with implications for both economic development and medical advancement.