Research and Development in Biotechnology (except Nanobiotechnology) in Colorado
Revenue benchmarks for research and development in biotechnology (except nanobiotechnology) businesses operating in Colorado.
#33 of 50 states-75.1% vs national avg
Average Revenue
$2.9M
per year
Businesses
91
in Colorado
Revenue / Employee
$338K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
1.6
firms per 100K in CO
Total Revenue
$263.5M
all firms in CO
Total Employees
779
in CO
How Colorado Compares
National Average$11.6M
Colorado$2.9M
Difference$8.7M (-75.1%)