Who We Are

The New Jersey Life Sciences Vendors Alliance (NJLSVA) is a coalition of businesses, individuals and academia who provide goods and services to New Jersey’s life sciences companies.

The NJLSVA was founded to educate suppliers on trends in industry procurement and public policy that affects the life sciences industry.


Business Survey: Large U.S. Employers Project Health Care Benefit Costs to Surpass $14,000 per Employee in 2018

Washington, DC, August 10, 2017 — Faced with another 5 percent increase in health care benefit costs, a growing number of large U.S. employers plan to focus more on how health care is delivered and paid for while still pursuing traditional methods of controlling costs such as cost sharing and plan design changes, according to an annual survey by the National Business Group on Health.

As a result, more employees will have access to broader health care services, including telemedicine, Centers of Excellence and onsite health centers during open enrollment while not experiencing major increases in their costs.

“The Large Employers’ 2018 Health Care Strategy and Plan Design Survey” found employers project the total cost of providing medical and pharmacy benefits to rise 5 percent for the fifth consecutive year in 2018. Continue reading

NJBIA Publishes 2016 Health Benefits Survey; Employers Continue to Offer Coverage in the Face of Premium Rate Increases

NJBIA Logo - CROPPEDTrenton, NJ, October 5, 2016 — The New Jersey Business & Industry Association’s 2016 Health Benefits Survey shows that members are overwhelmingly continuing to offer healthcare coverage to their employees.

However, in order to continue to offer benefits members are shifting more costs on to employees. And they are continuing to take lower profits so that they might offer good benefits.

Eighty-five percent of those surveyed indicated they offer employee health benefits while 83 percent offer coverage to attract and retain employees.  To do so, 33 percent said they took a lower profit or suffered a loss; 29 percent froze or limited wage increases; and 15 percent postponed or reduced business investments.

These actions mirror the results of our last survey in 2014. Continue reading

NJ Employers Offered Incentive to Hire Displaced Pharma Employees

Trenton, NJ, May 24, 2013 — Attention, New Jersey employers!  You are being offered a one-time incentive to hire employees who have been displaced from New Jersey’s pharmaceutical industry.

Offset the cost of recruiting and training talented new hires with an On-the-Job Training (OJT) program.  Get reimbursements of 50 to 90 percent of your new hire’s hourly wage for up to six months — as much as $14,000. Continue reading