Research and Development in Biotechnology (except Nanobiotechnology) in New York
Revenue benchmarks for research and development in biotechnology (except nanobiotechnology) businesses operating in New York.
#18 of 50 states-49.3% vs national avg
Average Revenue
$5.9M
per year
Businesses
225
in New York
Revenue / Employee
$389K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
1.1
firms per 100K in NY
Total Revenue
$1.3B
all firms in NY
Total Employees
3,407
in NY
How New York Compares
National Average$11.6M
New York$5.9M
Difference$5.7M (-49.3%)