Research and Development in Biotechnology (except Nanobiotechnology) in Ohio
Revenue benchmarks for research and development in biotechnology (except nanobiotechnology) businesses operating in Ohio.
#30 of 50 states-71.5% vs national avg
Average Revenue
$3.3M
per year
Businesses
73
in Ohio
Revenue / Employee
$206K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
0.6
firms per 100K in OH
Total Revenue
$241.4M
all firms in OH
Total Employees
1,172
in OH
How Ohio Compares
National Average$11.6M
Ohio$3.3M
Difference$8.3M (-71.5%)