Research and Development in Biotechnology (except Nanobiotechnology) in Alabama

Revenue benchmarks for research and development in biotechnology (except nanobiotechnology) businesses operating in Alabama.

#31 of 50 states-72.4% vs national avg

Average Revenue

$3.2M

per year

Businesses

23

in Alabama

Revenue / Employee

$163K

per year

Labor Cost

50.0%

of revenue

Profit Margin

22.0%

industry average

Market Saturation

0.5

firms per 100K in AL

Total Revenue

$73.8M

all firms in AL

Total Employees

453

in AL

How Alabama Compares

National Average$11.6M
Alabama$3.2M
Difference$8.4M (-72.4%)