Economic Impact of Health Research

Investment: Funding sources for overall research and development (2004)

Source of R&D Funding Investment State Rank
Federal Government $103,100,000 49
Industry $1,048,100,000 25
Universities $23,400,000 47
Non-profit $3,700,000 42
Other * $3,500,000 49
Total $1,181,900,000 34

* Other represents funding from state and local governments and funding for Federally Funded Research and Development Centers from non-federal sources.

Source: National Science Foundation, National Patterns of R&D Resources , 2006


Economic Impact: Statistics for research-driven health industries (2004)

Industry Employment Annual Salary
Pharmaceutical 620 $64,724
Medical Device 2,925 $74,503
Research, Testing, and Laboratories 2,405 $85,719
Overall Private Sector  $42,351

Source: Battelle Memorial Institute and Biotechnology Industry Organization (BIO), Growing the Nation's Biotech Sector: State Bioscience Inititives 2006


Highlights from local economic impact studies

The University of Delaware has a total economic impact of $735 million on the state and supports more than 8,100 Delaware jobs.

Every dollar that Delaware State University received from the state in FY 2005 generated more than $5 in the Delaware economy. DSU had a total economic impact of $207 million and created 3,500 jobs in the state.

The state of Delaware invested in the $22.5 million, 72,000-squarefoot Delaware Biotechnology Institute at UD and the 26,000 squarefoot Fraunhofer Center for Molecular Biology.