Report Shows New Hampshire's Life Sciences Lasting Momentum

New Hampshire's life sciences industry recorded the fastest employment growth in New England from 2022 to 2025, according to a new report released by NH Life Sciences (NHLS) and the New Hampshire Department of Business and Economic Affairs (BEA). New Hampshire’s life sciences employment grew 7% during that period, compared with 1% in Massachusetts, while four other New England states experienced declines. 

The findings will help frame discussions at the annual Live Free Life Sciences conference on Nov. 12, where industry leaders, policymakers, educators, entrepreneurs, and workforce partners will explore how coordinated investments from public-private partnerships can sustain industry growth, strengthen the talent pipeline, and expand economic opportunity throughout New Hampshire. 

“The growth of New Hampshire’s life sciences industry reflects the strength of our business community, our workforce and the partnerships that are helping position the state for the future,” said Hechavarria. “Sustaining this momentum requires a shared commitment among industry, government and education to develop the talent, infrastructure and innovation ecosystem companies need to grow and succeed. When we invest together, we strengthen not only the life sciences industry but New Hampshire’s broader economy.” The state can build on the momentum on display in the NHLS Industry Assessment and continue growing the ecosystem in New Hampshire.
This new data updates the 2023 State of New Hampshire Life Sciences Industry Assessment, examining the size, growth, specialization, and economic contribution of the industry sectors. It also evaluates research and innovation activity, business investment, workforce and real estate conditions, business costs, incentives, and other factors New Hampshire’s ability to attract, retain, and grow life sciences companies.

“Outpacing the region with seven percent job growth confirms New Hampshire is a vital hub for life sciences,” said New Hampshire Department of Business and Economic Affairs Commissioner Lucy Lange. “Through our ongoing partnership with NH Life Sciences, we are committed to maintaining the business-friendly conditions, infrastructure, and talent pipeline necessary to sustain this momentum.”

According to the report, New Hampshire's life sciences industry supported more than 13,000 jobs across 807 establishments and generated nearly $3.6 billion in gross regional product in 2025. Pharmaceutical manufacturing employment increased 20% between 2022 and 2025, leading the region, while research and development employment grew 16%. These results underscore the importance of aligning workforce development, education, and industry investment to ensure New Hampshire has the resources needed to support continued expansion. Additional findings from the report will be presented during the conference.

Errik Anderson, founder and CEO of Alloy Therapeutics and a biotech entrepreneur with deep New Hampshire roots, will deliver the keynote at the Live Free Life Sciences conference, sharing his insights on how New Hampshire’s unique strengths in talent, manufacturing, and innovation meet the moment.

A central focus of the conference will be the role of collaboration in developing and retaining the next generation of life sciences talent. 

There will also be a spotlight on New Hampshire's next generation of life sciences entrepreneurs with its inaugural Golden Ticket Pitch Competition, presented in partnership with UNH BioLoft. Three finalists from emerging life sciences startups will present their ideas. Attendees will be able to weigh in on which idea wins and receive a year of free lab space at the BioLoft incubator in Manchester.  

At the heart of life sciences are patients and families whose lives are changed by new discoveries, better treatments, and advances that bring hope for the future.  A patient ambassador and caregiver will share their experiences, bringing a personal perspective to the research, technologies, and treatments at the heart of New Hampshire's life sciences community.

The conference’s networking luncheon, focused on connecting science and policy, will bring together industry leaders and policymakers to discuss the workforce, innovation, and business conditions necessary to sustain the state's growth. 

Governor Kelly Ayotte will return as a conference speaker. At last year’s event, Governor Ayotte highlighted life sciences as “a sector of our state where there's tremendous economic opportunity, and, most importantly, opportunity to make a difference in the lives of people.”

Industry policy experts will also discuss the impact of the federal midterm elections in a panel moderated by Jim Brett, President and CEO of the New England Council. 

 “The report highlights the tremendous growth of New Hampshire’s life sciences industry and the exciting opportunity it presents for our state,” said Andrea Hechavarria, president and CEO of NHLS. “By building on this momentum, we can position New Hampshire as a global destination for life sciences innovation, talent and investment.”

As New Hampshire's life sciences industry continues to expand, sustained growth will depend on the ability of public and private partners to work together toward common economic and workforce goals. Employers bring industry expertise and an understanding of evolving talent needs. Educational institutions prepare the current and future workforce. Industry associations connect businesses, foster collaboration and advocate for shared priorities. State government helps create the conditions, partnerships and investments that support business growth and economic competitiveness.

Live Free Life Sciences provides a forum for these partners to connect, exchange ideas and identify opportunities for collaborative action that benefit businesses, workers and communities across the state. Hosted by NHLS, Live Free Life Sciences will take place Nov. 12 at The Artisan in Salem. Registration opens at 10:30 a.m. The presenting sponsor is Lehnen Industrial Services and gold sponsors are Elliott Controls, an automation systems firm, and Fisher Scientific, a major partner in the NHLS Edge program. 

Registration is open to business leaders, employers, entrepreneurs, researchers, policymakers, workforce development professionals, and others interested in the future of New Hampshire's life sciences industry. For registration and additional program information, visit info.nhlifesciences.org/live-free-life-science-2026.

New Hampshire Life Sciences Industry Assessment
 

About the New Hampshire Department of Business and Economic Affairs (BEA)
The Department of Business and Economic Affairs is dedicated to enhancing the economic vitality of the State of New Hampshire. BEA promotes the state’s business climate, supports business growth and recruitment, expands workforce opportunities, and advances tourism, community development, and economic planning. For more information, visit www.nheconomy.com.

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