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California Biomedical Industry - California Healthcare Institute

California Biomedical Industry - California Healthcare Institute

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<strong>California</strong> <strong>Biomedical</strong><strong>Industry</strong> Highlights• Total biomedical companies: 2,042• Total estimated revenue:$74.5 billion• Total estimated employment: 271,000• Overall biomedical average wages: $75,000• Total NIH grants awarded:• Total estimated VC investment:• Estimated private investmentin R&D:$3.2 billion$4.3 billion$28.2 billion<strong>California</strong> <strong>Biomedical</strong> <strong>Industry</strong> 2009 Report 2

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