Research and Development in Biotechnology (except Nanobiotechnology) in Tennessee
Revenue benchmarks for research and development in biotechnology (except nanobiotechnology) businesses operating in Tennessee.
#37 of 50 states-80.1% vs national avg
Average Revenue
$2.3M
per year
Businesses
43
in Tennessee
Revenue / Employee
$167K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
0.6
firms per 100K in TN
Total Revenue
$99.5M
all firms in TN
Total Employees
595
in TN
How Tennessee Compares
National Average$11.6M
Tennessee$2.3M
Difference$9.3M (-80.1%)