Lexington has leveraged the top ranked research program at the University of Kentucky, its culture of innovation and commercialization, a superior business climate, and an expansive network of medical centers to provide an environment where any market niche of the life sciences industry can grow.
In the area of direct patient care Lexington has a strong base of health care providers with six major medical centers including Baptist Health Lexington, KentuckyOne Health, and the UK Medical Center. The UK Healthcare System is an extensive network that includes three hospitals and fifteen clinics. Lexington is a healthcare hub serving people from all over the Bluegrass Region. Direct patient care represents a major employment industry for Lexington, which means there is a high quality stock of human capital for medical professionals.
The health care industry in Lexington is supported by a strong tie to academic programs at the University of Kentucky. UK has one of the nation’s top pharmacy programs, and ranks nationally in the number of R&D expenditures. In addition, Lexington is home to the only research and development business park in the state of Kentucky – UK’s Coldstream Research Campus. Coldstream, a 735 acre office park, was specifically designed for recruiting high-tech and biotech companies, as well as university centers and start-ups.
Lexington focuses on three segments of the life sciences industry:
Plant and Genetic Engineering
Medical Application Technology
Medical Device Manufacturing
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Select Life Sciences Companies in Lexington
Source: Commerce Lexington, May 2016