Biotechnology Banner


BioTechnology Collage 2A market that has amassed $151 billion in revenue in Illinois for the year 2011, biotechnology is on the rise- both in the stock market and in providing gainful employment. In Illinois alone, more than 80,000 people are directly employed at biotechnology establishments throughout the state. Within 400 miles of Chicago, there are more than 15,500 biotechnology establishments employing more than 360,000 people. The top five counties in Illinois that has the greatest number of biotechnology companies are Lake County; Cook County, which has a high concentration of device and diagnostic companies; and DuPage County, Rock Island County and Vermilion County, which all three has a big concentration of agricultural and industrial firms.

Bioscience Industry Segments Include:
   • Agricultural Feedstock and Chemicals
   • Drugs and Pharmaceuticals
   • Medical Devices and Equipment
   • Research, Testing and Medical Laboratories
   • Biotechnology-Related Distribution

The salary for a biotechnology career is just as impressive. Illinois residents employed by biotechnology companies earn a staggering 91 percent more than the average Illinois resident, making $97,293 per year compared to about $50,920 respectively (excluding benefits). The average total compensation (wages and benefits)of people working at biotechnology firms across the nation was $121,616 in 2011. A person with a two-year Biotechnology Laboratory Technician Associate of Applied Science can expect to earn about $39,000 per year for an entry-level position.

"The Economic Engine of Biotechnology in Illinois," Illinois Biotechnology Industry Organization, 2013.

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