BioCrossroads
Igniting IN Life Sciences
BioCrossroads is a catalyst for Indiana’s diverse and growing life sciences industry, supporting collaboration, expertise, and investments that fuel innovation and transform global health.
We Advance IN Life Sciences
Through in-depth market research, BioCrossroads uncovers opportunities to fuel collaborative efforts that enhance our innovations and advancements on a global scale.
We Invest IN Life Sciences
We fuel startups and entrepreneurs by providing a supportive ecosystem of mentorship and identifying funding support.
We Engage IN Life Sciences
By collaborating with Indiana’s research institutions, global companies, philanthropic organizations, and government, we connect Indiana’s life sciences community and work to accelerate its success.
Elevating Indiana
A Transformative Year in Life Sciences
From record-breaking exports to expanded workforce programs and growing investment in innovation, our Annual Report highlights how statewide collaboration, supported by BioCrossroads, continues to shape Indiana’s future as a global leader in healthcare and life sciences.
Click the links below to see the 2024 data or to read the full report.
Impact IN
2024 IN Life Sciences
Indiana marked a major milestone in 2024, becoming the nation’s top exporter of life sciences products. This achievement, driven by growth in areas like incretin therapies and nuclear medicine, generated more than $99 billion in economic activity. BioCrossroads supported this progress by aligning efforts across the sector and helping to create the conditions for continued innovation and investment.
$99B
statewide economic activity
#1
in pharmaceutical exports
#1
in life sciences exports
$27B
in total life sciences exports
Innovate IN
Transforming Global Health
Since 2024, key programs like the Indiana Life Sciences Innovation and Entrepreneurship Working Group, the revitalized AXIS Mentorship Program, and the newly formed Odyssey Group, have been helping to foster a dynamic environment for innovation and entrepreneurship. BioCrossroads’ targeted efforts to attract life sciences manufacturing and supply chain companies have also helped strengthen Indiana’s ecosystem, engaging businesses essential to the sector’s growth and solidifying the state’s competitive advantage.
926
new patents granted
100
new FDA approvals
36
venture capital deals
$260M
in venture capital funding
Work IN
Indiana's Life Sciences Workforce
3,200+ establishments are working across Indiana’s life sciences sector, employing more than 70,000 Hoosiers statewide, all working to advance and transform global healthcare.
70k
employed statewide
3,200+
total establishments
$148k
average wage
$99B
total economic activity in 2024
A Strategic Roadmap for Advancing Indiana's Life Sciences Sector
BioCrossroads, in collaboration with TEConomy Partners and key industry stakeholders, worked to develop a refreshed 10-year strategy for the industry. The Strategic Framework for Advancing Indiana’s Life Sciences Industry provides a roadmap for elevating Indiana’s life sciences sector and enhancing our global impact on the ecosystem.
Engage IN
2025 FrameWORX Series
FrameWORX is a dynamic educational series that serves as a platform for growth, learning, and connectivity within Indiana’s thriving life sciences ecosystem. These events take place throughout the year and provide a hub for engaging thought leaders, offering diverse viewpoints, and fostering enhanced collaboration among the state’s research institutions, philanthropic organizations, and enterprises.
FrameWORX
FrameWORX:
The Future of Musculoskeletal Health
Innovations in Orthopedic Medicine and Indiana’s
Leadership Opportunity
Indiana’s orthopedic sector is a global leader in musculoskeletal innovation and medical device manufacturing. Hosted in Warsaw, the “Orthopedic Capital of the World,” this session will showcase advancements in orthopedics, while examining how continued investment, cutting-edge research, and strategic collaboration are shaping the future of this vital sector.
2024 BioCrossroads Life Sciences Summit
Transforming Healthcare:
Indiana’s Role in Revolutionizing Diabetes and Obesity Management
The 2024 BioCrossroads Life Sciences Summit, “Transforming Healthcare: Indiana’s Role in Revolutionizing Diabetes and Obesity Management,” brought together leaders from across Indiana and beyond, highlighting the groundbreaking advancements that are transforming how we address these conditions.
