Supportive Environment for Innovation.

Charleston is an emerging life sciences market. Assets which make it globally competitive and attractive for life sciences firms and talent include:

  • The Medical University of South Carolina (which annually attracts $200M+ in research funding)
  • Available Class A research and office sites and acres of real estate suitable for advanced manufacturing
  • A growing IT community.

Charleston is home to more than 75+ medical device and pharmaceutical manufacturers, research laboratories, and development companies.

OUR TALENT PIPELINE IS FUELED BY 40,000+ UNIVERSITY AND TECH COLLEGE STUDENTS.

YOU’RE IN GOOD COMPANY HERE

choose charleston

#4

Highest Concentration of Biotech Research (among mid-sized U.S. metros)

Source: Avalanche Consulting 2015

#7

City for “Where the Jobs will be in 2015”

Source: Forbes

#1

for Millennial Workforce based on total population (among mid-sized U.S. metros)

Source: U.S. Census Bureau

view local data

Life Science Companies

CALL CHARLESTON HOME

Charleston is home to numerous advanced industries companies employing 36,000+ skilled professionals.

Aeterna Zentaris Trumpf Medical

GROWING HIGH TECH

WORKFORCE

The Charleston region offers a growing talent pool with expertise in: bioengineering, clinical trials & drug research, health IT & telemedicine, medical devices & diagnostics, and medical equipment.

JUDE DINGES

Chief Commercial Officer
Aeterna Zentaris

“Charleston is one of the most dynamic, exciting business communities in the U.S. Its commitment to assisting companies has been essential to our recent success, and we look forward to Charleston’s continued development of the biotech industry.”

Resources & Support

The Charleston region provides significant commercialization support for both startups and established companies. Our biotech leaders are always willing to collaborate and are committed to pushing the industry forward.

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MUSC Foundation for Research Development

Supports technology transfer with 50+ U.S. patents issued, and 30+ startups founded

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MUSC Institute for Applied Neurosciences (IAN)

Applies scientific and clinical discovery to neuroscience problems and develops technological advancements

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SCRA MUSC Innovation Center

A research facility and business incubator with 11 wet labs to support medical and bioscience research

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SC Launch

A venture of the South Carolina Research Authority (SCRA), it helps develop and fund tech-based industries in the state—investing $200,000+ into selected local startups

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SCBIO

Supports and advances South Carolina’s life science industry through collaboration, advocacy, workforce development, and support

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Health Sciences South Carolina

A collaborative network joining medical organizations and colleges/universities to provide a structure for medical research and clinical trials

SOUTH CAROLINA INCENTIVIZES LIFE SCIENCES GROWTH

South Carolina offers competitive incentive programs to assist companies locating or expanding in South Carolina.

  • An eligibility category for relevant facilities engaged in manufacturing, processing and R&D (NAICS codes 3254 and 334516)
  • A Jobs Development Credit, which allows approved large bioscience facilities to capture cash rebates for eligible expenditures
  • South Carolina offers a single factor apportionment formula.
  • Equipment depreciations at an accelerated rate of 20%, instead of the previous 11%

Incentives

COMPETITIVE WAGE STRUCTURE

The chart below provides wages typically associated with the life sciences sector, or visit local data to access a more comprehensive list of wage statistics (BLS data). For a local wage & benefit survey broken down by industry sector and company size, contact Michael J. Graney, Vice President, Global Business Development, at +1 843.760.4526 or mgraney@crda.org

U. S. BLS Occupation Title and Code2016 Median Hourly Wage2016 Average Hourly Wage
Biological Technicians, 19-4021$18.89$19.52
Biological Scientists, 19-1029$37.92$40.08
Chemical Technicians, 19-4031$19.52$20.55
Chemists, 19-2031$34.96$36.67
Environmental Engineers, 17-2081$34.10$34.85
Healthcare Practitioner & Technical Occupations, 29-0000$30.38$36.20
Medical and Clinical Laboratory Technicians, 29-2012$20.99$20.89
Medical and Clinical Laboratory Technologists, 29-2011$28.04$27.73
Medical Equipment Repairers, 49-9062$18.21$20.37
Medical Scientists, Except Epidemiologists, 19-1042$25.81$32.04
Mixing and Blending Machine Setters, Operators and Tenders, 51-9023$16.32$17.31
Pharmacists, 29-1051$58.43$56.33
Separating, Filtering, Clarifying, Precipitating, and Still Machine Setters, Operators and Tenders, 51-9012$20.81$18.92
Source: U.S. Bureau of Labor Statistics, 5/2017

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Life Sciences CHARLESTON

Be a leader in an emerging biotech market.