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IN THE STATES

NEW YORK

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 York in 2022.

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Economic
Output

$103B

Direct Jobs Supported by the Industry

71,598

Total Jobs Supported

287,270

State Total Vendor Relationships

4,296

State Total Vendor Spending

$9,708,526,547

Clinical
Trials

1,707

Investments at Clinical Trial Sites

$917.2M

Clinical Trial Participants

47,014

Total Economic Impact of Clinical Trial Sites

$2.35B

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