The best magazine
Updated March 07, 2014.
The San Francisco Bay Area, like San Diego, is one of the top 3 life sciences clusters in the United States. This regional powerhouse offers lots of opportunity for anyone conducting a job search in medical supplies, medical devices, and other life science career fields.
By combining San Francisco and San Diego together, the state of California becomes a powerhouse of opportunity.
Life Sciences Jobs in the Sand Francisco Bay Area
The San Francisco Bay Area typically ranks as the 3rd largest life sciences cluster because of its weighted score ranking across:
- Life sciences employment, including percentage of the area's population that the U.S. Bureau of Labor statistics has found to be working in these industries
- The percentage of the area's organizations (businesses, hospitals, universities, etc.) that fit into these industries
- The amount of venture capital funding invested in the biotechnology and medical device sector
- The amount of funding (grants) from the National Institutes of Health.
Across these four categories, the various clusters are measured and weighed so that we can create a baseline to compare the regions to each other.
For example, the San Francisco Bay Area:
- ranks 1st in attracting venture capital funding; with a substantial lead over both Boston and San Diego;
- ranks 3rd in funding awards from the National Institutes of Health, well ahead of San Diego's 8th place;
- has seen over $13 Billion in mergers and acquisitions in the life sciences industry from 2011-2012, triggering changes in the real estate availability and landlord upgrades to millions of square feet of space, thus creating modernized facilities.
San Francisco Bay Area Sub-Markets:
Mid-Peninsula
- Centrally located amongst innovation hot beds such as Silicon Valley, San Francisco, and East Bay
- In 2011 and 2012 there was a reduction of occupied space due to larger established life sciences companies acquiring smaller ones. This freed up space for smaller start-ups to fill these vacated labs, giving this sub-market a healthy mix of small innovative firms and large, mature companies.
- Major employers include Genentech, Novartis, Amgen, and Janssen Pharmaceuticals
Mission Bay
- This sub-market became a high priority for redevemopment by major life science developer, Alexandria Real Estate Equities
- University of California at San Francisco
- Mission Bay has roughly 4.4 million feet of lab space
- Major employers include Nektar, Bayer Pharmaceuticals, FibroGen, and Sanofi
Oakland-East Bay
- This sub-market includes Oakland, Fremont, Newark, Berkeley, Richmond, and Emeryville
- Major research institutions include the University of California, Berkeley, the Children’s Hospital Oakland Research Institute, Lawrence Berkeley National Laboratory and California State University East Bay
- Local tax incentives to promote hiring and job growth
- Some of the lowest real estate costs in the region
- Largest employers include Amgen, Novartis, and Bayer Health Care
The San Francisco Bay Area has long enjoyed an appealing lifestyle and quality of life. The area, densely packed with top universities, has attracted competitive students desiring both a rigorous education balanced by a temperate climate and ample attractions and nightlife.
These same lifestyle factors make the area a highly sought-after destination for companies who are looking for every advantage in attracting the best talent in the industry.
In addition to the direct company links in this article, you can also find broader job-search functions in the following resources provided by About.com's Job Search Expert, Alison Doyle:
Best Job Websites
Best Job Search Engine Sites
Additional Job Search Tips
Best Job Search Tips
Top 10 Strategies for a Successful Job Search?
How to Apply for Jobs Online
Job Search and Career Networking
How to Build Your Personal Brand
How to Prepare for an Interview?
What to Wear to an Interview
Source: ...