Becker’s: Major regulatory changes, consolidation projected for the Southeast

January 13, 2023

Healthcare mergers and acquisitions are expected to rebound in the Southeast in 2023, and the Carolinas stand to be a premiere arena for that activity, JDSupra reported Jan. 11.

Growth of life sciences industry

South Carolina leads the region in life science employment gains with a 7.7 percent increase versus to a 4.6 percent increase across the Southeast as a whole. The life sciences industry in South Carolina generated a $25.7 billion annual economic impact as of February 2022. On December 2, Nephron Pharmaceuticals opened a $100 million nitrile glove manufacturing facility that will bring an estimated 250 new jobs to the state.