Research and Development in Biotechnology (except Nanobiotechnology) in Rhode Island
Revenue benchmarks for research and development in biotechnology (except nanobiotechnology) businesses operating in Rhode Island.
#12 of 50 states-21.0% vs national avg
Average Revenue
$9.2M
per year
Businesses
19
in Rhode Island
Revenue / Employee
$439K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
1.7
firms per 100K in RI
Total Revenue
$174.4M
all firms in RI
Total Employees
397
in RI
How Rhode Island Compares
National Average$11.6M
Rhode Island$9.2M
Difference$2.4M (-21.0%)