Florida
Florida
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.
In Your State
Economic Impact In Your State: Florida
Economic Impact
$82.7B
Total output supported by biopharmaceutical sector
$5.2B
Tax Revenue Generated
298,598
Total Jobs
42,829
Direct Jobs
1,735
Total Clinical Trials
$1.49 billion
Invested in Clinical Trials
93,375
Total Economic Impact of Clinical Trial Investments
$4.65 billion
Invested in Clinical Trials
Programs and Initiatives in Your State: Florida
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
Programs and Initiatives
14
Patents per 1,000 people in Science & Engineering
Percentage of Workforce Employed in High-Tech Jobs