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LIFE SCIENCES

Where Life Sciences Succeed

Manufacturers of medical devices, biomedical technologies, assistive technologies, and biotechnology are increasingly calling the seven-state Tennessee Valley region home. And, thanks to our highly-skilled workforce and lower cost of living, so are global leaders in biosciences, genomics, and pharmaceuticals.

Prescribing the Perfect Locations

Home to notable healthcare, pharmaceutical and life sciences companies including Acadia, Pfizer, and Vertex, our region provides endless opportunities for forward-thinking manufacturers.

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Leading the Way for Life Sciences and Biotechnology

With five Research 1 and four Research 2 universities — including The University of Alabama, The University of Tennessee, and Vanderbilt University — our skilled workforce is just what the doctor ordered.

Affordable Workforce

In 2023, wages in the industry were 30% lower than the national average.

Medical Device Manufacturing

Home to one the largest cities for medical device production.

230+

Universities, technical schools and community colleges.

OUR WORKFORCE

Beyond Next-Gen: Pioneering Scientific Exploration

Our region is a hotspot for life sciences, medical device manufacturing, biotechnology and pharmaceuticals: 

  • Medtronic
  • Pfizer
  • ProNova Solutions
  • Siemens
  • Smith & Nephew
  • Stryker
  • Revance Therapeutics
  • Wright Medical Group

Real Time Advancements, Real Life (Sciences) Innovation

Pronova Solutions, Maryville TN

Our People Are Our Most Valuable Resource

More than 25,500 workers are employed in the life sciences and our competitive wage rates are 30% lower than the industry average.

Do Business With Us

More than 1,885 companies in the life sciences industry have made our region their home. Here are just a few of the reasons why:

99.999% Reliability

TVA offers low-cost, highly reliable power to its customers.

Diverse Power Generation

Nearly 60% of the region’s power comes from carbon-free sources.

Competitive Electricity Rates

Our region’s industrial electric rates are among the lowest compared to peer utilities.

The Valley Region Is Hitting Its Scientific Stride

A recent CBRE analysis found that cities in our region are experiencing significant growth in the life sciences sector. Their findings were based on an increase in researchers, the number of Ph.D.s per graduates, venture capital funding, and income relative to the cost of living. 

DISCOVER OUR REGION

Tyler Chaffee
Life Sciences Specialist

For more information about available properties, demographics, infrastructure, communities and our skilled workforce, use our interactive GIS mapping tool or contact your target market specialist.

[email protected]

Search For Your Venture’s Next Home

Explore nearly 1,000 properties and buildings virtually using our interactive mapping tool. Filter by property type, size, location and more.

SITES & BUILDINGS

  • Public and venture capital research funding have driven the sector in the past couple of years, letting Nashville take its first steps toward creating a self-sustaining life sciences cluster apart from the East Coast. As this continues, the metro will attract more life sciences companies and researchers and, in turn, fuel the development of purpose-built lab spaces.

    -J.T. Martin, CBRE

  • Quality and availability of labor are key considerations for any expanding industry, and that’s certainly the case for life sciences.

    -Ian Anderson, CBRE

In the News

Hyosung HICO to Expand Operations in Memphis, Tennessee

Hyosung HICO, a power transformer manufacturer, announced plans to expand operations in Memphis, Tennessee. Plans for the project include creating 120 new jobs and investing $51 million in the company’s U.S. manufacturing headquarters. Economic development partners include Memphis Light Gas and Water, the Greater Memphis Chamber, Memphis Shelby County EDGE and the Tennessee Department of…

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GE Aerospace Announces Plans to Expand Operations in Batesville, Mississippi

GE Aerospace, an aerospace and defense company, announced plans to expand operations in Batesville, Mississippi. Plans for the project include creating 100 new jobs and investing $11 million as the company increases production at the Panola County site. Economic development partners include Tallahatchie Valley Electric Power Association, Panola Partnership, and the Mississippi Development Authority. This…

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Troax Group to Locate Operations in Portland, Tennessee

Troax Group, a wire mesh safety solutions manufacturer, announced plans to locate operations in Portland, Tennessee. Plans for the project include creating 120 new jobs and investing $23 million in the company’s Robertson County operations. Economic development partners include Cumberland Electric Membership Corporation, the City of Portland, Robertson County and the Tennessee Department of Economic…

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