541714 - Research and Development in Biotechnology (except Nanobiotechnology)
In the rapidly evolving world of science and technology, NAICS code 541714 shines a spotlight on the critical sector of Research and Development in Biotechnology (except Nanobiotechnology). Whether it’s pioneering genetic research, developing novel pharmaceuticals, or creating cutting-edge biotechnologies, this industry supports innovation that directly impacts healthcare, agriculture, and environmental sciences.
Understanding this NAICS code is essential for businesses, entrepreneurs, and government contractors looking to identify industry classifications, secure funding, or participate in government opportunities related to biotechnology research and development.
What is NAICS Code 541714?
NAICS 541714 describes establishments primarily focused on conducting research and experimental development in biotechnology, excluding nanobiotechnology. This includes a range of scientific activities such as:
- Genetic research and engineering
- Pharmaceutical biotechnology development
- Biotechnological innovations across multiple scientific disciplines
The emphasis is on cutting-edge R&D in biotechnology fields without involving nanobiotechnology components.
Sector Overview: Professional, Scientific, and Technical Services
This NAICS code falls under the Professional, Scientific, and Technical Services sector, which encompasses specialized scientific research and consulting services. Within this sector, 541714 specifically identifies:
- Biotechnology research and development laboratories
- Experimental research organizations working on biological sciences
- Services related to genetics, medical sciences, food science, and environmental biotechnology
Businesses in this category often collaborate with academic institutions, pharmaceutical companies, and government agencies to advance scientific knowledge and commercialize new biotechnological products.
Typical Business Activities under NAICS 541714
Establishments classified under this NAICS code engage in activities including but not limited to:
- Genetic engineering and molecular biology research
- Recombinant DNA and protein engineering experimentation
- Cloning and DNA technologies such as microarrays
- Research in agricultural biotechnology excluding nanotechnology
- Development of pharmaceutical biotechnology products
- Experimental research in bacteriology, botany, entomology, and environmental science
Size Standards for NAICS 541714
To qualify as a small business under this classification for government contracting or SBA programs, the size standard is based on the number of employees:
- Maximum Employees: 1,000 employees
Businesses with 1,000 or fewer employees meet the small business size standards for this NAICS code, enabling them to compete for various federal contracts and grants.
Examples of Businesses Under NAICS 541714
Some typical organizations and firms within this industry segment include:
- Genetic engineering research firms developing gene-editing techniques
- Pharmaceutical biotech companies focused on drug development
- Biotechnological research laboratories advancing protein engineering
- Experimental research centers exploring nucleic acid chemistry
- Cloning technology laboratories
These businesses are at the forefront of biotechnology innovation, driving progress in medicine, agriculture, and environmental sustainability.
Detailed Code Description Table
| NAICS Code | Description |
|---|---|
| 541714 | Research and Development in Biotechnology (except Nanobiotechnology) |
| Biotechnology R&D laboratories or services (general and specialized areas except nanobiotechnology) | |
| - Agriculture Biotechnology R&D | |
| - Bacteriology Biotechnology R&D | |
| - Biology Biotechnology R&D | |
| - Botany Biotechnology R&D | |
| - Chemical Sciences Biotechnology R&D | |
| - Entomology Biotechnology R&D | |
| - Environmental Science Biotechnology R&D | |
| - Food Science Biotechnology R&D | |
| - Genetics Biotechnology R&D | |
| - Health Sciences Biotechnology R&D | |
| - Industrial Research Biotechnology R&D | |
| - Medical Sciences Biotechnology R&D | |
| - Physical Sciences Biotechnology R&D | |
| - Veterinary Sciences Biotechnology R&D | |
| Cloning research and experimental development labs | |
| DNA technologies (e.g., microarrays) research and experimental development labs | |
| Nucleic acid chemistry research and experimental development labs | |
| Protein engineering research and experimental development labs | |
| Recombinant DNA research and experimental development labs |
Frequently Asked Questions (FAQs)
What companies are classified under NAICS 541714?
Companies engaged in biotechnology research and experimental development, such as pharmaceutical development firms, genetic engineering labs, and biotech innovation companies, fall under this classification.
Does NAICS 541714 include nanobiotechnology?
No. This code specifically excludes nanobiotechnology research and development.
What is the size standard for small businesses under NAICS 541714?
Businesses with 1,000 or fewer employees are considered small businesses for this NAICS classification.
What sectors does NAICS 541714 belong to?
It belongs to the Professional, Scientific, and Technical Services sector.
Can a company researching environmental biotech qualify under NAICS 541714?
Yes. Environmental science biotechnology research labs (excluding nanobiotechnology) are classified under this NAICS code.
Conclusion
NAICS code 541714 serves as a cornerstone classification for the dynamic and impactful field of biotechnology research and development (except nanobiotechnology). Whether focused on genetics, pharmaceuticals, or environmental innovations, businesses under this code are driving forward breakthroughs that shape our future. Understanding this classification helps companies position themselves for growth, compliance, and business opportunities within the thriving biotechnology landscape.
If your business operates in this exciting sector, knowing the ins-and-outs of NAICS 541714 will give you an edge in navigating government contracting, securing funding, and expanding your market reach.
Keywords: NAICS 541714, Research and Development in Biotechnology, Biotechnology R&D, Genetic Engineering, Pharmaceutical Biotechnology, Professional Scientific and Technical Services, Biotechnology Companies, Small Business Size Standards
