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Economic Impact by State: Massachusetts

Total Economic Output in MA

Total Economic Output in MA

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.

  • $67.8 Billion

    Total Output Supported by
    Biopharmaceutical Sector

  • $508,220

    Output Per Employee in Direct
    Biopharmaceutical Sector Jobs


In 2014, the biopharmaceutical sector directly generated $28.0B in economic output in Massachusetts and supported another $39.8B through the sector’s vendors and suppliers and through the economic activity of its workforce.

Jobs Data

55,184 Direct Jobs


264,661 Total Jobs

Wages Data

$5 Billion Taxes Paid


$21.9 Billion Compensation

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Make your voice heard. Join the important discussion on the value and economic impact of new medicines.


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