Indiana Unveils $1 Billion Life Sciences Plan to Create 100,000 Jobs, Boost Economy
March 17, 2026
Indiana seeks to become the premier U.S. destination for human therapeutics, animal health, agritech, biotechnology, and environmental innovation, with collaboration across industry, academia, and government.
Key partners include Lilly, Purdue University, and Indiana University, with leadership from CIRDA and local officials such as Fishers Mayor Scott Fadness.
A sweeping $1 billion Indiana plan aims to expand the state’s life sciences sector and create more than 100,000 jobs over the next decade, positioning Indiana as a global leader in life sciences.
Tax credits will be linked to performance, directing resources to measurable outcomes and higher-value employment.
Existing regional strengths include Eli Lilly and Co., Elanco Animal Health’s Purdue partnership, Fishers’ Life Sciences & Innovation Park, and investments from INCOG BioPharma Services, Stevanato Group, and Genezen.
The initiative centers on life sciences as a core growth engine and broadens into agriculture, animal health, agritech, biotechnology, and environmental innovation, anchored by private-sector excellence.
The governor’s plan builds on existing regional growth strategies and encourages collaboration among industry, universities, and local governments to drive development.
Central Indiana’s regional development authority (CIRDA) will coordinate the plan as the regional steward, aligning industry, universities, and communities across ten counties.
Fishers-led CIRDA will coordinate regional growth across Marion, Hancock, Morgan, Johnson, Putnam, Hendricks, Boone, Hamilton, Madison, and Tipton counties.
University presidents and industry executives attended the launch, underscoring expectations of long-term job creation and economic development benefits.
Funding is tied to measurable outcomes to ensure accountability and long-term return on investment, with a focus on job and wage growth statewide.
Officials emphasize regional growth, outcome measurement, and expanding Indiana’s life sciences ecosystem, particularly in central Indiana.
Summary based on 8 sources
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Sources

Fierce Pharma • Mar 17, 2026
Indiana homes in on life sciences with $1B growth strategy, plan to create 100K jobs
Inside INdiana Business • Mar 17, 2026
Braun: $1B state investment in central Indiana’s life sciences expected to create 100K jobs
Indianapolis News | Indiana Weather | Indiana Traffic | WISH-TV | • Mar 17, 2026
Governor announces $1 billion in incentives for life sciences
WFYI • Mar 17, 2026
Indiana commits $1B to attract high-wage life science jobs