In your state
Rhode Island

In the development of new medicines, clinical trials are conducted to prove therapeutic safety and effectiveness and compile the evidence needed for the Food and Drug Administration (FDA) to approve treatments. And the biopharmaceutical sector is committed to bringing new treatments and cures to patients. This commitment to innovation supports high-quality jobs and is a vital part of every state’s economy and our global economic competitiveness.

Economic Impact In Your State: Rhode Island

$4.1B

Total output supported by biopharmaceutical sector

$253.6M

Tax Revenue Generated

11,658

Total Jobs

2,424

Direct Jobs

Clinical Trials in Your State: Rhode Island

200

TOTAL CLINICAL TRIALS

$53.1 million

INVESTED IN CLINICAL TRIALS

3,538

TOTAL ECONOMIC IMPACT OF CLINICAL TRIAL INVESTMENTS

$141.8 million

INVESTED IN CLINICAL TRIALS

Programs and Initiatives in Your State: Rhode Island


State programs and initiatives to promote biopharmaceutical industry development

    ACCELERATING INNOVATION, COMMERCIALIZATION & ENTREPRENEURIAL DEVELOPMENT

    BUILDING RESEARCH CAPACITY AND/OR R&D INFRASTRUCTURE

    ECONOMIC INNOVATION INCENTIVES

    STEM EDUCATION & WORKFORCE DEVELOPMENT

    TARGETED STRATEGIES

    VENTURE FINANCING

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