Economic Impact of Health Research
Investment: Funding sources for overall research and development (2007)
| Source of R&D Funding | Investment | State Rank |
| Federal Government | $408,000,000 | 34 |
| Industry | $350,000,000 | 38 |
| Universities | $144,000,000 | 23 |
| Non-profit | $62,000,000 | 17 |
| Other * | $109,000,000 | 10 |
| Total | $1,073,000,000 | 37 |
* 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 | 4,451,513 | 25 |
Source: U.S. Census Bureau, Annual Population Estimates, 2009
Economic Impact: Statistics for research-driven health industries (2008)
| Industry | Employment | Annual Salary |
| Pharmaceutical | 240 | $35,848 |
| Medical Device | 871 | $33,825 |
| Research, Testing, and Laboratories | 2,723 | $44,445 |
| Overall Private Sector | 1,541,393 | $40,389 |
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 Louisiana generated $288,000,000 of business activity and 2,754 new jobs.The report also highlights why global health matters to Louisiana .
The Association of American Medical Colleges reports that the member medical schools and teaching hospitals in the state had a combined economic impact of $6.1 billion and a total employment impact of 39,100 in 2008.
The Pennington Biomedical Research Foundation in Baton Rouge attracts $3 of federal or private funding for each dollar from the state. In FY 2003-2004, the research center produced 24 technology disclosures, 8 patent applications, and one start-up company.
Louisiana invests $140 million in the Louisiana State University Health Sciences Center at Shreveport and the Conway Medical Center in Monroe. In return, the Center generates $533 million in household earnings and $558 million in sales and supports nearly 13,000 jobs.
