Research and Development in Biotechnology (except Nanobiotechnology) in California
Revenue benchmarks for research and development in biotechnology (except nanobiotechnology) businesses operating in California.
#6 of 50 states+32.5% vs national avg
Average Revenue
$15.4M
per year
Businesses
1,508
in California
Revenue / Employee
$474K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
3.8
firms per 100K in CA
Total Revenue
$23.2B
all firms in CA
Total Employees
48,940
in CA
How California Compares
National Average$11.6M
California$15.4M
Difference+$3.8M (+32.5%)