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The economic footprint of the biopharmaceutical industry can be measured by traditional indicators of employment and output, and its impact on the vendors, large and small, that provide services or supplies to America's biopharmaceutical research companies. The data below illustrates jobs, economic impact and clinical trial data for the industry as a whole, and vendor/supplier data from 15 major biopharmaceutical companies regarding their business relationships and total expenditures paid to vendors in Connecticut in 2022.
Economic
Output
$17.2B
Direct Jobs Supported by the Industry
12,445
Total Jobs Supported
51,225
State Total Vendor Relationships
1,053
State Total Vendor Spending
$970,476,804
Clinical
Trials
581
Investments at Clinical Trial Sites
$145.2M
Clinical Trial Participants
9,582
Total Economic Impact of Clinical Trial Sites
$374M
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