Economic Impact of Health Research
Investment: Funding sources for overall research and development (2007)
| Source of R&D Funding | Investment | State Rank |
| Federal Government | $230,000,000 | 41 |
| Industry | $516,000,000 | 33 |
| Universities | $35,000,000 | 43 |
| Non-profit | $4,000,000 | 44 |
| Other * | $9,000,000 | 45 |
| Total | $794,000,000 | 42 |
* 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)
| Nevada | Residents | State Rank |
| Population, June 1, 2011 | 2,700,551 | 36 |
Source: U.S. Census Bureau, 2010 Census Data
Economic Impact: Statistics for research-driven health industries (2008)
| Industry | Employment | Annual Salary |
| Pharmaceutical | 427 | $44,595 |
| Medical Device | 1,002 | $42,752 |
| Research, Testing, and Laboratories | 3,365 | $58,119 |
| Overall Private Sector | 1,096,830 | $41,808 |
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 $20,000,000 in Nevada, producing 967 new jobs.
The largest bioscience subsector in Nevada is research, testing and laboratories, which supports 3.365 jobs in the state. Between 2004-2010, bioscience venture capital invested $35,000,000 in Nevada, mostly in biological and agricultural sciences.
The University of Nevada, Reno (UNR) had an economic impact of $611.3 million in 1999-2000. The University directly employed 5,700 people and induced nearly 10,800 jobs in the local economy.
According to a report from BIO and Battelle, Nevada legislation included $5.4 million for a Biotechnology and Genomics Research Facility at UNR and $10.15 million for start-up research expenditures at the Nevada Cancer Institute.
