Research and Development in Biotechnology (except Nanobiotechnology) in Pennsylvania
Revenue benchmarks for research and development in biotechnology (except nanobiotechnology) businesses operating in Pennsylvania.
#15 of 50 states-44.2% vs national avg
Average Revenue
$6.5M
per year
Businesses
172
in Pennsylvania
Revenue / Employee
$376K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
1.3
firms per 100K in PA
Total Revenue
$1.1B
all firms in PA
Total Employees
2,967
in PA
How Pennsylvania Compares
National Average$11.6M
Pennsylvania$6.5M
Difference$5.1M (-44.2%)