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IN THE STATES

NEW MEXICO

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 New Mexico in 2022.

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Economic
Output

$2.7B

Direct Jobs Supported by the Industry

2,745

Total Jobs Supported by the Industry

8,579

State Total Vendor Relationships

87

State Total Vendor Spending

$18,515,283

Clinical Trials

509

Clinical Trial Participants

769,546

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