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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$197,000,000 44
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 (2008)

 Residents State Rank
Population, July 1, 2008 688,12547

Source: U.S. Census Bureau, Annual Population Estimates, 2009


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

A 2007 study by FamiliesUSA, In Your Own Backyard, shows that NIH funding for Alaska generated $20,000,000 of business activity and 186 new jobs. The report also highlights why global health matters to Alaska .



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.