Research and Development in Biotechnology (except Nanobiotechnology) in Kentucky
Revenue benchmarks for research and development in biotechnology (except nanobiotechnology) businesses operating in Kentucky.
#21 of 50 states-55.6% vs national avg
Average Revenue
$5.2M
per year
Businesses
29
in Kentucky
Revenue / Employee
$457K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
0.6
firms per 100K in KY
Total Revenue
$149.4M
all firms in KY
Total Employees
327
in KY
How Kentucky Compares
National Average$11.6M
Kentucky$5.2M
Difference$6.5M (-55.6%)