Research and Development in Biotechnology (except Nanobiotechnology) in Washington
Revenue benchmarks for research and development in biotechnology (except nanobiotechnology) businesses operating in Washington.
#9 of 50 states+5.5% vs national avg
Average Revenue
$12.2M
per year
Businesses
110
in Washington
Revenue / Employee
$425K
per year
Labor Cost
50.0%
of revenue
Profit Margin
22.0%
industry average
Market Saturation
1.4
firms per 100K in WA
Total Revenue
$1.3B
all firms in WA
Total Employees
3,167
in WA
How Washington Compares
National Average$11.6M
Washington$12.2M
Difference+$634K (+5.5%)