Biotechnology Industry Organization
The Biotechnology Industry Association - BIO - represents more than 700 biotechnology companies, academic institutions, state biotechnology centers and related organizations in 47 states in the U.S. and more than 20 nations.
Functioning as one of the most research-intensive industries in the United States, BIO members are involved in the R&D of health care, agricultural and environmental biotechnology products.

US Biotech Industry

  • There are more than 1,287 U.S. companies engaged in biotechnology
  • 294 of those US biotechnology firms are publicly held.
  • Biotech companies provide over 118,000 jobs directly in the U.S. A significantly larger number of jobs are indirectly biotech related in those companies which provide support and supplies to the biotech industry.
  • The average salary in the U.S. biotechnology industry is $50,000.
  • The majority of biotechnology companies are small businesses, with over two thirds employing fewer than 135 workers.
  • In 1996, total industry sales were $10.8 billion -- an 16% increase over 1995.
  • In 1996, the industry spent $7.9 billion on research and development -- an 3% increase over 1995.

    Data source: Ernst & Young, LLP

Biotechnology Products On The Market:

  • More than 40 biotechnology drug products and vaccines are already approved in the United States.
  • Biotech companies have 272 drugs in human clinical trials and hundreds more in early development.
  • In agriculture, biotech-derived tomatoes with extended shelf life and better processing qualities, squash, and luarate canola have been approved for the market along with corn, cotton, potatoes and soybeans with built-in resistance.
  • Hundreds of EPA-registered biopesticides are in use.
  • Biotechnology industrial enzymes such as proteases and amylases are widely used in laundry detergent, corn starch and corn sweetener production, the stonewashing of denim, and the treatment of leather goods.
  • In environmental applications, biotechnology is used to treat hazardous waste in soil, water and the air, as well as in applications to prevent pollution.

    For more information about BIO and about
    the Biotechnology Industry, contact:

    Biotechnology Industry Organization
    1625 K Street, N.W. Suite 1100
    Washington, D.C. 20006-1604


    Voice: (202) 857-0244
    Fax: (202) 857-0237
    E-mail: bio@bio.org

    or access the organization's website: www.bio.org

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