Research and Development in Biotechnology (except Nanobiotechnology) in Connecticut
Revenue benchmarks for research and development in biotechnology (except nanobiotechnology) businesses operating in Connecticut.
#11 of 50 states-4.2% vs national avg
Average Revenue
$11.1M
per year
Businesses
80
in Connecticut
Revenue / Employee
$423K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
2.2
firms per 100K in CT
Total Revenue
$890.0M
all firms in CT
Total Employees
2,104
in CT
How Connecticut Compares
National Average$11.6M
Connecticut$11.1M
Difference$491K (-4.2%)