Economic Impact of Health Research

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

Source of R&D Funding Investment
Federal Government $87,072,600,000
Industry $178,282,500,000
Universities $7,759,800,000
Non-profit $2,838,500,000
Other * $3,188,800,000
Total $283,439,200,000

* 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 , 2006


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

Industry Employment Annual Salary
Pharmaceutical 313,207 $79,303
Medical Device 411,460 $56,449
Research, Testing, and Laboratories 413,550 $65,414
Overall Private Sector  $39,003

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