Biotech by the Numbers

Economic Impact^_✝

• $64.6 billion — economic activity
• $1.92 billion — state and local taxes
• 226,823 jobs

Job Growth

• 29.1 percent — 2001 – 08^✝
• Double the national rate
• 5X the state’s overall private sector growth
• 4.1 percent — 2008 – 10^✶

Direct Impact

• 538 companies
• 58,495 employees
• $75,470 average salary^✻

Return on Investment

• Research Commercialization/Innovation: $1 to $41 (CFG)
• Biotech Growth Companies: $1 to $103 (Loans)
• Workforce Development: 1,721 teachers trained, 600,000 students taught (Summer Workshops)

^✝ Battelle
^✶ BioSciNC
^✻ NC ESC