Life Sciences
Goal: Attraction of companies focused on biotechnology and pharmaceuticals
Medical device companies and original equipment manufacturers (OEMs) find industry support and resources for manufacturing, distribution, and research.
Life Sciences
Goal: Attraction of companies focused on biotechnology and pharmaceuticals
Medical device companies and original equipment manufacturers (OEMs) find industry support and resources for manufacturing, distribution, and research.
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About Life Sciences
Memphis’ welcoming pro-business climate, exceptional logistics capabilities, and a strong industry cluster provide natural resources for wide range of medical device companies and medical device OEMs.Â
St. Jude Children’s Research Hospital, University of Tennessee’s Health Sciences Center and more than 50 life sciences companies call Memphis home. Major manufacturers in Memphis include Medtronic, Smith & Nephew, Microport, Stryker and Olympus. The region’s intellectual capital in the device sector frequently produces spinoffs and startups, supported by the Greater Memphis Medical Device Council and ZeorTo510, one of the nation’s Top 25 accelerator programs.
By the Numbers
Life Sciences
Specialized Medical Device and Production Occupations
Medical Device Companies
Economic Presence in Medical Equipment Manufacturing
By the Numbers
Life Sciences
Specialized Medical Device and Production Occupations
Medical Device Companies
Economic Presence in Medical Equipment Manufacturing
Life Sciences in Memphis
- Zimmer
- Medtronic
- Bioventus
- MB Innovations
- Olympus
- Smith + Nephew
- Charles River
- Sweetbio
- MicroPort Orthopedics
- Stryker
- Titan Medical
- Millstone Medical Outsourcing
- Tegra
Life Sciences in Memphis
- Zimmer
- Medtronic
- Bioventus
- MB Innovations
- Olympus
- Smith + Nephew
- Charles River
- Sweetbio
- MicroPort Orthopedics
- Stryker
- Titan Medical
- Millstone Medical Outsourcing
- Tegra
What Our Clients Say
Good Jobs First
2013: Tied for for transparency in incentive disclosures
Rebuild Tennessee
2014: Awarded for the EDGE Paul Lowery Road Project
SEDC
2014: Superior Award for EDGE Database and Merit Award for Regional Economic Development Website
CDFA
2018: Distinguished Development Finance Local Agency Award
Site Selection Magazine
2020: Mac Conway Awardfor Excellence in Economic Development
IEDC
2020: Excellence in Economic Development Gold Award for NEED Grant Program
Site Selection Magazine
2021: Mac Conway Awardfor Excellence in Economic Development
EDGE Jobs PILOT
Medtronic
Medtronic’s spinal business unit has long been based in Memphis. In 2021, Medtronic began efforts to consolidate its six U.S. distribution centers into two facilities to improve the customer experience and logistical efficiencies. EDGE approved a 15-year Jobs PILOT to encourage the company to expand their Memphis facility. The company plans to invest $133 million and committed to spending $19 million with local Minority- and Women- Owned Business Enterprises (MWBE). Medtronic expects to retain 365 current Memphis-area employees and create 265 new jobs. Most of the new jobs would be created in 2022, with all of them in place by the end of 2023. Â
EDGE Jobs PILOT
Medtronic
Medtronic’s spinal business unit has long been based in Memphis. In 2021, Medtronic began efforts to consolidate its six U.S. distribution centers into two facilities to improve the customer experience and logistical efficiencies. EDGE approved a 15-year Jobs PILOT to encourage the company to expand their Memphis facility. The company plans to invest $133 million and committed to spending $19 million with local Minority- and Women- Owned Business Enterprises (MWBEs). Medtronic expects to retain 365 current Memphis-area employees and create 265 new jobs. Most of the new jobs would be created in 2022, with all of them in place by the end of 2023.
EDGE Jobs PILOT
Medtronic
Medtronic’s spinal business unit has long been based in Memphis. In 2021, Medtronic began efforts to consolidate its six U.S. distribution centers into two facilities to improve the customer experience and logistical efficiencies. EDGE approved a 15-year Jobs PILOT to encourage the company to expand their Memphis facility. The company plans to invest $133 million and committed to spending $19 million with local Minority- and Women- Owned Business Enterprises (MWBEs). Medtronic expects to retain 365 current Memphis-area employees and create 265 new jobs. Most of the new jobs would be created in 2022, with all of them in place by the end of 2023.
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