Research and Development in Biotechnology (except Nanobiotechnology) in North Carolina
Revenue benchmarks for research and development in biotechnology (except nanobiotechnology) businesses operating in North Carolina.
#16 of 50 states-44.5% vs national avg
Average Revenue
$6.4M
per year
Businesses
184
in North Carolina
Revenue / Employee
$289K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
1.8
firms per 100K in NC
Total Revenue
$1.2B
all firms in NC
Total Employees
4,106
in NC
How North Carolina Compares
National Average$11.6M
North Carolina$6.4M
Difference$5.2M (-44.5%)