Research and Development in Biotechnology (except Nanobiotechnology) in New Mexico
Revenue benchmarks for research and development in biotechnology (except nanobiotechnology) businesses operating in New Mexico.
#22 of 50 states-63.4% vs national avg
Average Revenue
$4.3M
per year
Businesses
11
in New Mexico
Revenue / Employee
$152K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
0.5
firms per 100K in NM
Total Revenue
$46.8M
all firms in NM
Total Employees
308
in NM
How New Mexico Compares
National Average$11.6M
New Mexico$4.3M
Difference$7.4M (-63.4%)