Looking at the Life Sciences Industry in South Carolina

In recent years, South Carolina has become a hub of sorts for the life sciences and biotech industries. The Palmetto State has more than 1,000 companies – large and small, established and startup – that are making an impact on the local community and the world at large. Integrated Media Publishing hosted a roundtable discussion with four of the leaders in the biotech world on Jan. 4, 2024. Q. The life sciences industry has been growing. The annual economic impact on South Carolina exceeds $25.7 billion in economic output. So how has South Carolina become a leader in the industry? Scott Pancoast, founder and CEO of Zylo Therapeutics: We might be a leader in terms of the growth percentage, but that was from a very low base when you compare. We’re never going to be a Boston or Philly, New York, New Jersey, or Bay Area type. Even North Carolina. North Carolina had a big head start. … It is a business environment in South Carolina that has kind of encouraged new growth of startups, and it’s an ecosystem. And we’ve got to continue to recognize that that is what has boosted the growth of all these startups. It’s not just the life science vertical, the software vertical and other verticals as well. Read more >>