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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 Minnesota in 2022.
Economic
Output
$20.2B
Direct Jobs Supported by the Industry
13,220
Total Jobs Supported by the Industry
66,920
State Total Vendor Relationships
840
State Total Vendor Spending
$397,091,867
Clinical Trials
1,691
Clinical Trial Participants
1,054,492
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