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Texas Healthcare and Bioscience Institute Releases Strategic Vision to Advance the Texas Life Sciences Ecosystem

On Tuesday, March 31, the Texas Healthcare and Bioscience Institute released a strategic report titled "Texas Life Sciences: Driving Innovation, Patient Care & Economic Growth" as the annual Texas Life Sciences Summit begins in Austin.
THBI designed the report as a roadmap for policymakers, industry leaders, and researchers to collaborate in strengthening Texas' global competitiveness in life sciences and biotechnology.
The state's bioscience industry employed 129,245 individuals across 9,212 establishments in 2023, reflecting 21.6% employment growth since 2019, while companies raised $8.7 billion in venture capital between 2019 and 2023.
Academic research expenditures reached $4.6 billion in 2022, while Texas institutions secured $1.8 billion in NIH funding in 2023, a 34% increase since 2019.
To sustain leadership, the report advocates modernizing research infrastructure and accelerating commercialization of discoveries while expanding access to emerging technologies through deeper stakeholder collaboration.

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Texas Healthcare and Bioscience Institute Releases Strategic Vision to Advance the Texas Life Sciences Ecosystem

AUSTIN, Texas, March 30, 2026 /PRNewswire/ -- The Texas Healthcare & Bioscience Institute (THBI), the statewide public policy voice of the healthcare and bioscience industry, today released a comprehensive report outlining a strategic vision for strengthening Texas' life sciences and…

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