Research and Development in Biotechnology (except Nanobiotechnology) Revenue Benchmarks

The average research and development in biotechnology (except nanobiotechnology) business in the United States generates $11.6M in annual revenue, according to the U.S. Census Bureau Statistics of U.S. Businesses (SUSB 2021). There are 4,714 research and development in biotechnology (except nanobiotechnology) businesses in the U.S., employing 130,912 workers with an average profit margin of 22.0%. The average employee in this industry earns $213K per year (Bureau of Labor Statistics QCEW 2023).

What Does a Research and Development in Biotechnology Business Actually Do?

Biotech R&D — mostly VC-funded startups developing therapeutics, diagnostics, and biological products. Revenue comes from grants, milestones, and licensing.

Who buys: Pharma buyers (licensing), investors, government grants (NIH, DARPA).

Average Revenue

$11.6M

per year

Profit Margin

22.0%

industry average

Revenue / Employee

$418K

per year

Total Businesses

4,714

in the US

Est. Owner Income

$2.6M

small business avg

Labor Cost

50.0%

of revenue

Avg Employee Wage

$213K

per year (BLS)

Market Saturation

1.4

firms per 100K people

How Much Do Research and Development in Biotechnology (except Nanobiotechnology) Charge?

Biotech R&D — mostly VC-funded startups with revenue only from grants, milestones, and eventual licensing.

ServiceTypical range
Pre-clinical R&D program (annual budget)
$500,000–5,000,000
Phase I clinical trial
$2M–20M
Phase II clinical trial
$10M–50M
Milestone payment (upon licensing)
$1M–1B+

Ranges based on industry rate surveys and typical published pricing. Actual quotes vary by city, business size, and job complexity.

Complete research and development in biotechnology business plan

A 12-section data-backed business plan for a research and development in biotechnology (except nanobiotechnology) business — executive summary, market analysis, competitive landscape, revenue model, 3-year financial projections, operations, marketing, staffing, funding request. Pre-populated with real Census, IRS, and BLS data on this industry. Free to view.

View the plan

Cost Structure — Where Every $100 in Revenue Goes

Approximate P&L breakdown for the research and development in biotechnology (except nanobiotechnology) industry. Labor share and net profit are grounded in Census SUSB and IRS SOI data. Other lines are split using sector-typical ratios.

50%
14%
22%
CategoryPer $100 revenue
Client-related expenses
$4
Wages & benefits
$50
Rent & facilities
$6
Marketing & advertising
$4
Other operating costs
$14
Net profit
$22

Directionally accurate for a typical business in the industry. Individual businesses vary widely — a franchise may run a very different cost mix from an independent, and older established businesses often have lower labor share than newer ones.

Average Revenue by Business Size

1-4 employees
$597K
5-9 employees
$1.7M
10-19 employees
$4.1M
20-99 employees
$15.7M
100-499 employees
$94.8M
500+ employees
$224.8M

Industry Dynamics (Census BDS 2023)

New Business Rate

12.91%

openings/year

Closure Rate

10.65%

closings/year

Net Job Growth

+4.13%

annual

Businesses Closed

1,574

in 2023

Firm Count Trend

19
20
21
22
23
14,061 firms15,795 firms

Should You Start a Research and Development in Biotechnology Business?

Startup Cost

$10K$75K

Break-Even

0 months

5-Year Survival Rate

60.0%

Frequently Asked Questions

What does a research and development in biotechnology (except nanobiotechnology) business do?
Biotech R&D — mostly VC-funded startups developing therapeutics, diagnostics, and biological products. Revenue comes from grants, milestones, and licensing. Pharma buyers (licensing), investors, government grants (NIH, DARPA).
How much do research and development in biotechnology (except nanobiotechnology) charge?
Biotech R&D — mostly VC-funded startups with revenue only from grants, milestones, and eventual licensing. See the pricing table above for typical rates by service type.
How much does the average research and development in biotechnology (except nanobiotechnology) make per year?
The average research and development in biotechnology (except nanobiotechnology) business generates $11.6M in annual revenue, based on U.S. Census Bureau data (SUSB 2021). After expenses, the estimated owner profit is $2.6M per year at a 22.0% profit margin.
How many research and development in biotechnology (except nanobiotechnology) businesses are there in the US?
There are 4,714 research and development in biotechnology (except nanobiotechnology) businesses operating in the United States, employing a total of 130,912 workers.
How much does it cost to start a research and development in biotechnology (except nanobiotechnology) business?
Startup costs for a research and development in biotechnology (except nanobiotechnology) business typically range from $10K to $75K, with a 5-year survival rate of 60.0%.
What is the average salary in the research and development in biotechnology (except nanobiotechnology) industry?
The average employee in the research and development in biotechnology (except nanobiotechnology) industry earns $213K per year, according to Bureau of Labor Statistics data (QCEW 2023).

Industry Growth & Survival

57%
Est. 5-year survival rate
+4.1%
Net job growth rate
15,795
Total firms (2023)

The research and development in biotechnology (except nanobiotechnology) industry is actively growing — adding jobs at a net rate of 4.1% per year. New establishments are opening faster than existing ones close (12.9% entry vs 10.6% exit), indicating healthy demand.

Approximately 57% of research and development in biotechnology (except nanobiotechnology) businesses survive their first 5 years. This is near the national average (~50%), with typical business risk. In 2023, 1,574 firms in this industry closed permanently.

Employment & Wages

$212,757
Avg annual pay
20,973
Establishments
290,361
Total employees
14
Avg employees/business

The average employee in the research and development in biotechnology (except nanobiotechnology) industry earns $212,757/year. This is significantly above the national average of ~$65K, reflecting the skilled nature of this work. With 20,973 establishments employing 290,361 people, the typical business has about 14 employees.

Industry Trend (2000–2023)

9K11K13K15K17K20002005201020152020Number of Firms

The research and development in biotechnology (except nanobiotechnology) industry has grown 63% since 2000 (from 9,693 to 15,795 firms).

See full historical statistics →

Compare Research and Development in Biotechnology (except Nanobiotechnology) revenue with other industries: