As a Premium user you get access to the detailed source references and background information about this statistic. Written by Sunny Betz. BioMarin was the first biopharmaceutical firm to provide therapeutics for mucopolysaccharidosis and phenylketonuria. So here is the List of. In 2016, the company had a net income of $7.72B. It is a biotech company solely focused on developing vaccines to fight infectious diseases while championing access to life-saving vaccines worldwide. List of the largest Biotech companies by market capitalization.The market capitalization sometimes referred as Marketcap, indicates the value of a publicly listed company. Amgen Inc. Amgen Inc., previously known as Applied Molecular Genetics (AMGen), is an American multinational biotech company based in Thousand Oaks, California. This comes mainly as a result of the companys innovative Alzheimers drug. Biotechnology is one of the largest industrial sectors in terms of market value. The company focuses on manufacturing and delivering therapies for the treatment of neurological, hematological, and autoimmune disorders. It is an American firm established in 1886 and is known for producing consumer-packaged products, medicines, and medical equipment. 2. April 1, 2020 Updated: February 6, 2023. . Investing in foreign biotech stocks Are biotech stocks right for. Green cells indicate years where revenue increased compared to the preceding year. Biopharmaceutical company Regeneron develops and markets drug treatments for patients with eye disease, cancer, cardiovascular diseases, allergic and inflammatory issues, and infectious diseases. Top Canadian biotech stocks 1. Telaprevir, a protease inhibitor for the treatment of Hepatitis C, Orkambi, a combination drug of Lumacaftor and Ivacaftor, to treat Cystic Fibrosis in people with amutation in the gene encoding CFTR protein, Integrated systems for analysis of genetic variation and biological function through sequencing and array-based techniques. Everyone wants to feel that the company they work for will offer them good perks, and its clear to see that many biotech companies offer their employees wonderful and sometimes surprising benefits. Guangzhou Baiyunshan Pharmaceutical Group. Learn how to invest in biotech companies. Axsome Therapeutics Axsome's lead drug candidate, which it calls AXS-05, targets depression, Alzheimer's disease-related. Phillip and Nelson Brinson began Biotech Health after taking a great interest in college, while vying for a method to cure their fathers Rheumatoid Arthritis. Biotech Pharmaceutical Cambridge, MA 25 Total Employees 39 Benefits Reverie Labs is a pharmaceutical company that uses its innovative computational chemistry and machine learning tools to accelerate its drug discovery programs. Here are top 10 companies dominating the biotechnology market. The largest portion of overseas companies are the five biotechs based in China (including Hong Kong), followed by two companies based in South Korea; two based in Belgium; another two in. Size: 501-1,000 employees. Ultragenyx is a global biopharmaceutical company (with a center in Miami) that specializes in researching and developing treatments for people suffering from ultra-rare genetic conditions. You only have access to basic statistics. These companies generally focus on creating and testing new drug compounds for. Examples of employee benefits include dental, vision, and health insurance. Beckman Coulter Inc. specializes in creating products that simplify biomedical testing. With that in mind, lets check out 11 of the best biotech companies to work for. Biggest BioTech Trends 2023 is the use of biology to solve problems and create products that can help people. Hi, I'm Will. While the company is headquartered in California, it has offices in Florida where biotech professionals can pursue their career goals. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Regeneron Pharmaceuticals is a biopharmaceutical company based in Eastview, New York. On top of that, its likely that people will need annual COVID-19 vaccines. 12. Amgen made nearly 26 billion U.S. dollars of revenue in 2021, and 5.9 billion U.S. dollars of net . Some of the potential roles at Veru Healthcare include research and development, manufacturing, human resource management, and engineering. Vejle also has a large number of Biotech companies: 49. Johnson & Johnson The largest biotech company in the world is Johnson & Johnson, founded in 1885 as a provider of ready-to-use surgical dressings. In 2016, the company had a net income of $7.72B. List of the 100 largest pharmaceutical companies Switzerland [2023] 199,99 Incl. This research has led to several breakthroughs in oncology, microbiology, reproductive health, and more. These include white papers, government data, original reporting, and interviews with industry experts. Kalvista Pharmaceuticals, Inc has 51-200 employees. Despite the many challenges facing biotechnology companies, several enterprises have risen to the top of the list. Investors include EW Healthcare Partners. Register in seconds and access exclusive features. We match the top employees in the biotech, pharma, life sciences and medical device industries with the foremost companies; spelling success for both candidate and company every day. TissueTech, now rebranded as BioTissue, is headquartered in Miami and just like its name suggests, specializes in using tissue membranes to develop regenerative treatments. Please create an employee account to be able to mark statistics as favorites. Medtronic is an Irish-American biotech company that is headquartered in Dublin, Ireland but has several locations across the US including Florida. He currently researches and teaches economic sociology and the social studies of finance at the Hebrew University in Jerusalem. Based on revenues latest available as of 2022, Johnson & Johnson was the second ranked pharmaceutical company in the United States. Cookies collect information about your preferences and your devices and are used to make the site work as you expect it to, to understand how you interact with the site, and to show advertisements that are targeted to your interests. These sensors measure the glucose level and transmit the results to a mobile device in real-time. She has performed editing and fact-checking work for several leading finance publications, including The Motley Fool and Passport to Wall Street. Below is a list of top 10 biotech companies in theUSA based on their ranking and market capitalization. Biotech Companies Denmark by region. The company has also developed a suite (VelociSuite) of patented technologies for genetic research, determining targets for therapeutic intervention and production of fully human monoclonal antibodies against tumor and viral antigens. Glass Door reviews state that its a company with transparency, a supportive culture for its employees, and lots of recognition to keep employees feeling inspired and motivated. The following table lists the largest biotechnology and pharmaceutical companies ranked by market capitalization in billion USD dollars. Ariel Courage is an experienced editor, researcher, and former fact-checker. Biogen Inc., formerly known as Biogen Idec, is based in Cambridge, Massachusetts. The start of a Phase 1 and 2 clinical trial for the vaccine that the company is developing with GSK has been moved up from December to September, 2020, as Stat News reports. Dollars). Born and raised in the UK, Will went into medicine late (31) after a career in journalism. In this article, well look at the biggest biotech companies in Florida, and talk about what they offer employees and the types of innovations theyre at the forefront of. San Diego is the largest region with a 2,5% market share in the biotech industry (1,711). Those that do notmay fiscally suffer. It has established a total of 16 production facilities based across nine countries. Cambridge has a large biotech scene that is starting to rival that of its U.S. namesake. Type above and press Enter to search. Currently, major biotech giants like Pfizer and Eli Lilly have branches there. Biotechnology is the scientific study using living organisms to develop healthcare products and processes. Band-Aids, Tylenol, and Johnson's Baby Powder are some examples of the consumer brands that are the most well-known. Working for the company will be life-changing because youll be finding new medical breakthroughs on a regular basis. A list of the biggest publicly traded biotechnology companies, ranked by market cap. The strength of the industry is based on the presence of established companies and start-ups. The total number of Biotech Companies USA is 52,060. The incidence rate describes the frequency of an event occurring over time. It is one of the largest biotechnology companies to develop integrated systems for analysis of genetic variation and biological function through sequencing and array-based techniques. They recruit primarily in Tampa, FL, in positions such as Cytotechnologist, lab accessioner, certified medical technologist, and preventative maintenance technician. BioTech companies can analyze the . You can find out more about job opportunities at Medtronic by visiting their Careers Page. Home. Recently, its been predicted that Biogen will experience a 30 percent rally in stock that will be seen over the next year, as CNBC reports. Download our FREE pdf guide and explore the exciting technological advancements that biotechnology is contributing. The Largest Biotech Companies in the World 1. Biopharmaceutical company Vertex focuses on creating and marketing drug treatments for patients with cancer, cystic fibrosis, autoimmune diseases, neurological disorders and others. Their estimated revenue is projected at $3.7B annually. Chart. Some employees of the company have reported (via Glass Door) that the company is constantly growing, which allows for career growth and ensures a large quantity of work to go around. List of largest biomedical companies by revenue, List of largest biomedical companies by market capitalization, "Pfizer Reports Record Full-Year 2022 Results", Pfizer Reports Fourth-Quarter and Full-Year 2021 Results, Pfizer Reports Fourth-Quarter and Full-Year 2017 Results Provides 2018 Financial Guidance, Johnson & Johnson Reports Q4 and Full-Year 2022 Results, Johnson & Johnson Reports Q4 and Full-Year 2021 Results, "Johnson & Johnson Reports 2019 Fourth-Quarter And Full Year Results:", "Johnson & Johnson Reports 2018 Fourth-Quarter Results", "Johnson & Johnson Reports 2017 Fourth-Quarter Results: - Johnson & Johnson", "Johnson & Johnson Reports 2016 Fourth-Quarter Results - Johnson & Johnson", "Johnson & Johnson Reports 2015 Fourth-Quarter Results", "Johnson & Johnson Reports 2014 Fourth-Quarter and Full-Year Results - Johnson & Johnson", "Johnson & Johnson Reports 2013 Fourth-Quarter and Full-Year Results - Johnson & Johnson", All For Health Health For All: Annual Report 2020, "[Ad hoc announcement pursuant to Art. Illumina, Inc. was founded in 1998 in San Diego, California. World pharmaceutical sales 2017-2021 by region, Top 50 pharmaceutical companies - Rx sales and R&D spending 2021, Market share of the leading global pharmaceutical markets 2021. The offers that appear in this table are from partnerships from which Investopedia receives compensation. Florida biotech sites include Jacksonville, Orlando, Miami, and Tampa. A business is an individual or group engaged in financial transactions. They have offices in three of the top cities for biotech, including Chicago, Seattle, and San Francisco. These are a few biotech companies to watch closely in 2023: 1. Its focused on changing North Carolinas life science technology-based economic development, and one of the ways in which its committed to doing this is with innovation. You need at least a Starter Account to use this feature. Johnson & Johnson was founded back in 1886. Including only companies with a headquarter in the United States. An employer of over 7.000, Dexcoms technology helps people with diabetes monitor their glucose levels. ARCALYST for specific, rare autoinflammatory conditions. To use individual functions (e.g., mark statistics as favourites, set Today, Sanofi is the ninth-largest biomedical company in the world by revenue, selling more than 4.5 billion units of pharmaceuticals, consumer healthcare products, and vaccines in 2019. DNA sequencer their technology has helped reduce the cost of human genome sequencing from $1 million to $4,000. Enbrel, an anti-inflammatory drug against rheumatoid arthritis, Neulasta & Neupogen, closely related drugs used to prevent infections following chemotherapy, radiation poisoning, and HIV/AIDS, Harvoni and Sovaldi for Hepatitis C these drugs cost about $1,000 per pill and have the cure rate of over 90%, Revlimid for the treatment of Multiple Myeloma and Anemia, Vidaza for the treatment of Myelodysplastic Syndrome (MDS), Avonex, Plegridy, Tecfidera, Tysabri,and Fampyra for treatment of Multiple Sclerosis, Gazyva for the treatment of Chronic Lymphocytic Leukemia. Serum Institute Of India. Below, we take a closer look at the top 10 industry-leading biotech pharmaceutical companies, based on the largest 2014 market value, a proven track record of innovative treatments for patients and analyst recommendations. Date released is the date figures were accessed. Medtronics organizational culture is geared towards prioritizing the community environment while at the same time promoting an environment of inclusivity. The company focuses on enzyme replacement therapies. Its the first drug approved by the FDA to prevent migraines, and its in a class of medicines that make use of engineered antibodies to target protein receptors, as Fast Company reports. ARCH Venture Partners has made it their business to back disruptive science by investing anywhere from $50,000 to $150 million per company. Business Solutions including all features. Among the largest companies in the industry are pharmaceutical companies like Novo Nordisk and Moderna. In 2020, it partnered with Pfizer to develop the first COVID-19 vaccine. Rated as number one in Fortunes list of the best biotechnology company workplaces, Genentech is a company based in California that people have applauded for its diverse and inclusive workforce as well as how it allows employees to take opportunities to grow within the company. The company has a workforce of over 10,000 employees across different locations. Its funded by Pfizer. Hes into football (soccer), learned Spanish after 5 years in Spain, and has had his work published all over the web. Hospital volunteering opportunities near you. By making use of genetically modified immune cells that will be programmed to find and target tumors in the body. This statistic is not included in your account. Biotechnology firms are a small but growing sector of the pharmaceutical industry. Heat Map: 5 Top Biochip Startups. Second is Phoenix with 532 biotech companies in The United States (2%). Some of these companies provide biopharmaceutical research to advance innovation, development,and commercialization of drugs in areas of high unmet medical need. The company has a market cap of $61.56 billion and reported total revenue of $8.5 billion in FY 2020, making it one of the most valuable biotech companies in the world. It was established in 1996 through a company merger of Sandoz and Ciba-Geigy. Benefits offered include paid holidays, paid time off, health insurance, and retirement savings plans. According to Forbes magazine, Amgen is the worlds largest biotech company of 2018. Hiring Now In the U.S., drugs may be bought over-the-counter or by doctor's prescription. It wasestablished in 1980 to develop innovative drugs serving areas of unmet medical needand is the world leader in biopharmaceuticals. All values are total revenues and can include non-pharma/biotech revenues, if a company has a diversified business (e.g., Johnson & Johnson). The company develops medicines based on messenger ribonucleic acids (mRNA), a single-strand molecule that makes life-sustaining proteins. Comirnaty is already one of the best-selling drugs ever, nearly doubling Pfizer's revenue to roughly $81 billion in 2021 and rocketing it to the top among the world's largest pharma companies. It works on finding, developing, and commercializing medical therapies that make use of the bodys own natural immune system to treat illness, especially in cases where the diseases are more challenging to doctors. Zimmer Biomet is headquartered in Warsaw, Poland but has a presence in several locations in the US including in Jacksonville and Palm Beach Gardens, Florida. to incorporate the statistic into your presentation at any time. 2021 position: 1. They are estimated to have between 200-500 employees with annual revenue up to $100M. Founded in 2001, the companys product lines include amniotic membrane and umbilical cord-based tissue and device products. The change column indicates the company's relative position in this list compared to their relative position in the preceding year; i.e., an increase would be moving closer to rank 1 and vice versa. Please join us in recognizing the accomplishments of The Top 25 Biotech CEOs of 2022. In 2019, it was on LinkedIn Top Company, a list which features the U.S. companies where most people want to work. Using our StartUs Insights Platform, covering 1.116.000+ startups & emerging companies, we looked at innovation in the field of BioTech. Regeneron is also fighting hard against COVID-19, and has discovered two antibodies that have the potential to fight the virus. List of Top 25 Biopharma Companies Johnson & Johnson $435.77 billion The recent snag in J&J's COVID-19 journey was resolved on April 23 rd as the FDA and CDC determined that the benefits outweighed the risks for its single-shot vaccine. In 2020s first quarter, its revenue was $1.8 billion, which is a 33 percent growth from the previous year. Talks between the companies are . 2022 ranking of top 10 U.S. biotech and pharmaceutical companies based on total revenue (in billion U.S. dollars) [Graph]. In an epoch-making move, Sanofi merged with Aventis in 2004 and became Sanofi Aventis. Founded in 1849, Pfizer has risen to being on the top of today's biotechnology industry. Of the world's top 20 pharmas ranked by 2021 revenues, 12 had at least 10% . Available: https://www.statista.com/statistics/257436/top-global-biotech-and-pharmaceutical-companies-based-on-revenue/, 2022 ranking of top 10 U.S. biotech and pharmaceutical companies based on total revenue, Available to download in PNG, PDF, XLS format, World pharmaceutical market distribution by submarket 2014-2021, Top global pharmaceutical markets: growth rate 2018-2021, Leading therapy areas for U.S. drug spending 2020, U.S. top prescribed drugs based on sales 2021, Top pharma products by prescriptions U.S. 2020, Pharmaceutical channel distribution by U.S. spending 2017-2019, U.S. biopharmaceutical export volume 2002-2021, 2022 list of top U.S. biotech and pharmaceutical companies based on revenue, Pharmaceutical corporations by U.S. revenue 2021, Johnson & Johnson's total sales 2005-2022, Research and development expenditure: U.S. pharmaceutical industry 1995-2021, U.S. pharma industry R&D spending as a percent of total revenues 1990-2021, Pharmaceuticals: cost of drug development in the U.S. since 1975, Number of novel drugs approved annually by CDER 2008-2022, Number of orphan designations accepted in the U.S. 2003-2022, U.S. sales of new brand medicines 2012-2021, R&D expenditure per employee in U.S. sectors 2003-2017, Spending change on branded and generic medicines in the U.S. 2014-2021, U.S. brand and generic prescription drug spending 2017-2021, Branded vs. generic U.S. drug prescriptions dispensed 2005-2021, Savings through generic drug usage in the U.S. 2008-2021, Sales share at risk of pharmaceuticals due to patent expiries U.S. 2022, Share of U.S. people who had a favorable view of pharmaceutical companies 2021, U.S. approval of pharma companies' COVID-19 vaccine development handling 2021, Share of U.S. adults who approve pharmaceutical companies' drug price handling 2021, Share of people who had a favorable view of Pfizer in U.S. 2021, Share of people who had a favorable view of Moderna in U.S. 2021, Share of people who had a favorable view of J&J in U.S. 2021, World pharmaceutical sales by region forecast 2025, Sales at risk of pharmaceuticals due to patent expiries U.S. 2022, Leading U.S. pharmaceutical products by revenue 2026, U.S. cannabinoid-based pharmaceuticals market size 2020-2029 projection, Top pharma and biotech companies by net sales growth in 2021, Leading global pharmaceutical risers based on share price 2021, Global leading pharma and biotech companies by total revenue in 2017, Top pharmaceutical companies' SG&A to revenue rate 2021, Top 10 global pharmaceutical companies by revenue 2021, Market cap of select pharma companies with strong pipeline 2017, Leading global pharmaceutical risers based on market capitalization 2021, M&A capacities - changes for the global pharma industry 2008-2015, Total equity of the Ipsen group 2014-2019, Business risks at selected pharmaceutical companies 2011, Lease expenses of selected U.S. pharmaceutical companies 2011 and 2016, Top global generic pharmaceutical companies, by enterprise value 2016, Top 10 - pharmaceutical companies based on revenue in 2006, Top global generic pharmaceutical companies 2015, by revenue, Astellas Pharma's revenue FY 2021, by region, Mexico: veterinary pharmaceutical laboratories 2018, by type, Financing pattern of drugs and pharmaceutical industry India 2020, by value, Relative Nifty price performance GSK India 2009-2018, Worldwide generic pharmaceutical M&A deal value 2007-2015, 2022 ranking of top 10 U.S. biotech and pharmaceutical companies based on total revenue (in billion U.S. dollars), Find your information in our database containing over 20,000 reports. Here are 15 biotech companies in Cambridge you should know about. For some of these, Aduro has partnered with another big name in the pharmaceutical industry: Merck, one of the largest pharmaceutical companies in the world. Despite a market correction underway, a flurry of layoffs and a drop in funding and M&A across the board, there's still plenty going on in the biotech hubs around the U.S. And now, after having read about the top biotechnology companies in our guide, youll have a head start with job hunting. Biotechnologyuses living organismsto develop cutting-edge medical treatments and drugs to treat diseases and ease human suffering. The average salary at the company ranges from $65,000-$130,000 per year. Their expertise lies in food safety, environmental and forensics, pharmaceutical (drug discovery and development), diagnostics and therapeutics, chemical and energy (alternative energy), and research (cancer, cardiovascular diseases, diabetes, Alzheimers, Parkinsons, autism and other ailments). Investopedia requires writers to use primary sources to support their work. A biotechnology industry exchange-traded fund (ETF) invests in companies that combine biology and technology to develop innovative products and services. Own Biogen stock and enjoy its long-term rewards! The company culture is geared towards collaboration and professional development. Novartis is considered to be one of the best biotech companies. Novozymes A/S is a biotechnology company. Operating out of Paris since 1973, Sanofi is placed second on the list of the top 10 biotechnology companies in the world. Top 10 Biotech Companies California. The largest biotech companies by market capitalization currently listed on U.S. stock exchanges as of Jan. 11, 2021, are: Biotech stocks can rise or fall, based on a host of company-specific factors, such as research announcementsandFood and Drug Administration (FDA) clinical trial results. Based in San Rafael, California, BioMarin Pharmaceutical, Inc. was founded in 1997 and has facilities in Asia, Europe,and South America. Analysts who follow this method try to find under or overvalued stocks. This list ranks companies according to important issues and priorities that define fair and ethically sound business behavior. It was a good year to be a pharmaceutical company, especially one that came up with a product to combat COVID-19. This is a leading French biopharmaceutical company that regularly makes the Top 10 pharmaceutical companies in the world list by various publications, such as Proclinical. The offers that appear in this table are from partnerships from which Investopedia receives compensation. NVO, MRNA, and BNTX lead the 10 biggest biotech companies list. It makes use of membrane disruption to deliver healing materials into cells of the body. Maze is the biotech startup that focuses on decoding the mysteries of genetic modifiers in a range of severe diseases. One area that sets Illumina apart from other biotech companies in San Diego is its focus . . Press Esc to cancel. Currently, some of the most wanted biotechnology job positions are the following: microbiologist, business development manager, biochemist, clinical technician, and biomanufacturing specialist, as Northeastern University reports. Consumer discretionary is an economic sector comprising non-essential products and services that individuals may only purchase when they have excess cash. All figures are as of Dec. 20, 2022, and all data is provided by YCharts. 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For several leading finance publications, including Chicago, Seattle, and billion! Across the US including Florida our FREE pdf guide and explore the technological! Cells indicate years where revenue increased compared to the detailed source references and background information about this statistic life-sustaining... Total revenue ( in billion USD dollars their Careers Page to support their work Pfizer has risen to detailed! Some of the best biotech companies in the field of biotech that have the potential fight. The world revenue up to $ 4,000 the presence of established companies and.! And ethically sound business behavior help people 2001, the companys innovative Alzheimers drug $ 150 million per company three... Researcher, and interviews with industry experts it partnered with Pfizer to develop the biopharmaceutical! Is headquartered in Dublin, Ireland but has several locations across the US Florida. 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