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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 Michigan in 2022.
Economic
Output
$33.9B
Direct Jobs Supported by the Industry
18,574
Total Jobs Supported by the Industry
102,503
State Total Vendor Relationships
1,036
State Total Vendor Spending
$672,786,766
Clinical Trials
2,571
Clinical Trial Participants
1,804,313
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