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Economic Impact of Health Research

Investment: Funding sources for overall research and development (2007)

Source of R&D Funding Investment
Federal Government $87,725,000,000
Industry $245,430,000,000
Universities $9,993,000,000
Non-profit $3,703,000,000
Other * $3,249,000,000
Total $372,535,000,000

* 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 , 2008


Economic Impact: Statistics for research-driven health industries (2008)

Industry Employment Annual Salary
Pharmaceutical 311,882 $93,378
Medical Device 435,509 $63,606
Research, Testing, and Laboratories 558,140 $80,785
Overall Private Sector  $45,229

Source: Battelle Memorial Institute and Biotechnology Industry Organization (BIO), Growing the Nation's Biotech Sector: State Bioscience Initiatives 2010