New Mexico’s bioscience industry is an innovative and growing component of the overall U.S. economy. With a track record of generating high-quality jobs and steady growth, the bioscience industry has been a consistent engine for our economy and a key strength during past economic recessions. American innovation in bioscience helps support state and local communities in a variety of ways ranging from job creation, construction, tax revenues, and other economic impact values.

Driven by small-company innovators, the bioscience industry has also mobilized in an unprecedented manner to address the global COVID-19 pandemic, while continuing to develop other life-saving and life-enhancing products and services for the U.S. and the world. America’s bioscience industry as an innovator and economic driver has never been more important, both for our health and our economic stability.

Total Number of Facilities in New Mexico 2
Jobs Directly Supported by the Industry in New Mexico 6821
Annual Average Wage
$72248
Total Clinical Trials
232
Dollar Amount Invested in Clinical Trials
$53.4 Million
Clinical Trial Participants
3536
Total Clinical Trial Economic Impact
$126 Million

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District Total Facilities in District View Facilities in District
NM01 2

New Mexico Biotechnology & Biomedical Association (O)

NM Bio (O)