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Economic Impact of Health Research

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

Source of R&D Funding InvestmentState Rank
Federal Government$311,000,000 49
Industry
$55,000,000 48
Universities$41,000,000 42
Non-profit$7,000,000 38
Other *$10,000,000 42
Total$311,000,00049

* 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


Population (2011)

 Residents State Rank
Population, June 1, 2011 710,23148

Source: U.S. Census Bureau, 2010 Census Data


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

Industry EmploymentAnnual Salary
Pharmaceutical 25
$125,072
Medical Device121
$54,936
Research, Testing, and Laboratories515
$54,079
Overall Private Sector237,689
$45,092

Source: Battelle and Biotechnology Industry Organization (BIO), BIO State Bioscience Initiatives, 2010


Highlights from local economic impact studies

United for Medical Research's 2011 study, An Economic Engine, shows that in 2010, NIH invested 61,000,000 in Alaska, producing 1,344 new jobs.

University of Alaska-Fairbanks acquired over $77 million in federal research grants from 2000-2009.


In FY 2006, reserach revenues for the University of Alaska exceeded $151 million and the university supported 2,392 jobs.

In FY 2006, the state of Alaska invested $19.9 million for research at University of Alaska while grants and contracts brought in another $131.5 million.