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Potential Pitfalls & Proactive Strategies for Regional Economic Development 

Life Sciences & Medtech Site Selection Strategy

Hickey Institute 2025 Report
 

A strategic guide for economic developers looking to attract life sciences growth and investment.

The life sciences and medtech industries are experiencing historic expansion—driven by new discoveries, digital transformation, and the reshoring of critical supply chains. But as these sectors grow, so do the demands on regions hoping to compete for investment.

Where companies choose to locate new research, manufacturing, and commercialization operations is more strategic than ever—and communities that understand the evolving requirements of the sector will be best positioned to win.

In this new 2025 report, the Hickey Institute provides a comprehensive guide for economic development organizations (EDOs), public officials, and industry allies who want to better align local strengths with life sciences priorities. From site readiness and utility infrastructure to talent pipelines and regulatory environment, this report offers actionable insights for developing competitive, future-ready life sciences ecosystems.

Whether you're building a new innovation district or marketing a biomanufacturing site, this report is designed to support your strategy and elevate your pitch.

Learn more about all these trends and shifts by downloading a copy of the Hickey Institute Life Sciences & Medtech Site Selection Strategy 2025 Report today!

Key report highlights:

  • Market trends and challenges reshaping life sciences investment in the U.S. and globally

  • Key site selection drivers: workforce, infrastructure, regulatory readiness, and incentives

  • Region-specific profiles: what’s driving momentum in Raleigh-Durham, Philadelphia/NJ, Minneapolis-St. Paul, and other leading markets

  • Case studies: real-world examples of successful public-private partnerships and regional wins

  • Incentive strategies: how to package federal, state, and local programs to support growth

  • Workforce solutions: meeting evolving talent needs in AI, biomanufacturing, and clinical R&D

  • Facility requirements: from lab space and cleanrooms to utilities and environmental resilience

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Connect with us via the form below to explore our Hickey Institute report!

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