About New England Bio | Rhode Island

 

Rhode Island's bioscience industry employed over 4,500 people in 273 business establishments across the state in 2012. The state has a specialized employment concentration in drugs and pharmaceuticals with a location quotient of 1.39 meaning Rhode Island has a 39 percent greater concentration of subsector jobs in its economy relative to the national average. On a per capita basis, Rhode Island is especially concentrated in academic bioscience research and development and in National Institutes of Health funding as well as receives significant venture capital funding relative to its size.

Source: Battelle/BIO State Bioscience Jobs, Investments and Innovation 2014.

To learn more about Rhode Island's biotechnology sector, visit Rhode Island's biotech association, Tech Collective.