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Hoover's is Beta Testing our Industries section.
Biotechnology Research Equipment Industry Financials
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Biotechnology Research Equipment Industry Financial Summary
The US biotechnology industry includes about 1,000 companies, with combined annual revenue close to $50 billion. Large companies include Amgen, Monsanto, Genentech, Applera, Genzyme, and Biogen. Because many drugs are now developed using biotechnology, the biotechnology and pharmaceutical industries overlap considerably. The industry consists of a few very large companies and many very small ones, and is fragmented by type of product. Most companies have annual sales under $50 million.
Using the 2002 Census Bureau Economic Census, Hoover's has generated an industry financial summary for the Biotechnology Research Equipment industry.
| NAICS | NAICS Description | Establishments | Sales, Receipts, or Shipments ($1,000) | Annual Payroll ($1,000) | Paid Employees |
|---|---|---|---|---|---|
| 325413 | In-vitro diagnostic substance mfg | 237 | $7,699,051 | $1,518,602 | 27,155 |
| 325414 | Biological product (except diagnostic) mfg | 320 | $8,369,640 | $1,299,725 | 24,537 |
| 334516 | Analytical laboratory instrument mfg | 568 | $8,324,661 | $2,002,743 | 34,024 |
| All NAICS Sectors | 1,125 | $24,393,352 | $4,821,070 | 85,716 |
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