Research and Development in Biotechnology (except Nanobiotechnology) in New Jersey
Revenue benchmarks for research and development in biotechnology (except nanobiotechnology) businesses operating in New Jersey.
#2 of 50 states+82.5% vs national avg
Average Revenue
$21.2M
per year
Businesses
143
in New Jersey
Revenue / Employee
$501K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
1.5
firms per 100K in NJ
Total Revenue
$3.0B
all firms in NJ
Total Employees
6,046
in NJ
How New Jersey Compares
National Average$11.6M
New Jersey$21.2M
Difference+$9.6M (+82.5%)