Economic Impact of Health Research
Investment: Funding sources for overall research and development (2007)
| Source of R&D Funding | Investment | State Rank |
| Federal Government | $474,000,000 | 32 |
| Industry | $231,000,000 | 42 |
| Universities | $92,000,000 | 29 |
| Non-profit | $6,000,000 | 40 |
| Other * | $33,000,000 | 33 |
| Total | $838,000,000 | 41 |
* 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 | 2,967,297 | 32 |
Source: U.S. Census Bureau, 2010 Census Data
Economic Impact: Statistics for research-driven health industries (2008)
| Industry | Employment | Annual Salary |
| Pharmaceutical | 1,237 | $38,333 |
| Medical Device | 817 | $35,959 |
| Research, Testing, and Laboratories | 1,200 | $50,598 |
| Overall Private Sector | 890,051 | $32,855 |
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 $118,000,000 in Mississippi, producing 2,675 new jobs.
The Mississippi Institute of Geographical and Minority Health has been awarded a three-year, $2.1 million grant to operate a regional educational center to teach interventions that prevent the spread of STDs.
The University of Mississippi has an annual economic impact of $734 million on the local economy and supports 7,000 jobs. This accounts for 50% of the local economy.
According to a report from BIO and Battelle, the Mississippi Angel Network was formed in 2005 and invests between $500,000 and $5 million in life sciences and other technologies.
Mississippi State University's Life Sciences and Biotechnology Institute promotes economic development by awarding competitive seed grants for research.
