1. Irish biopharmaceutical company Jazz Pharmaceuticals creates and commercializes drug products designed to address issues related to narcolepsy, psychiatry, pain management, and oncology. TissueTech, now rebranded as BioTissue, is headquartered in Miami and just like its name suggests, specializes in using tissue membranes to develop regenerative treatments. The change column indicates the company's relative position in this list compared to its relative position in the preceding year; i.e., an increase would be moving closer to rank 1 and vice versa. R&D Spend: USD 13.829 billion. SQZ Biotechnologies Company is focused on developing cell therapies to treat a variety of diseases. This biotechnology company also researches on autoimmune disorders and focuses on the core therapeutic areas of hematology, nephrology, neurology, and rare metabolic and genetic disorders. 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. These companies generally focus on creating and testing new drug compounds for. The company is best known for its drug Jakafi, a treatment for myelofibrosis. On this Wikipedia the language links are at the top of the page across from the article title. The pharma giants can be found in a diverse group of countries, including the U.S., China, European Union, Japan, India, UK and more. There are also many resources available for employees, such as mindfulness resources, resiliency training, mental health therapy sessions, and fitness apps. The big winner in Wednesday's premarket session was Reata Pharmaceuticals, whose shares jumped 175%. Description. Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Novavax, Inc. (NVAX) Novavax is a biotech company solely focused on developing vaccines to fight infectious diseases while championing access to life-saving vaccines worldwide. Biotech Companies in . Medtronic is an Irish-American biotech company that is headquartered in Dublin, Ireland but has several locations across the US including Florida. You need a Statista Account for unlimited access. Some of their key products focus on improving the ease of access to diagnostic information by medical professionals. Top Biotech Companies in San Diego It was established in 1996 through a company merger of Sandoz and Ciba-Geigy. The healthcare sector consists of companies that provide medical services, manufacture medical equipment or drugs, provide medical insurance, or otherwise facilitate the provision of healthcare to patients. Moderna focuses its mRNA medicines on autoimmune disorders, rare and infectious diseases, and immuno-oncology. Total Companies 734. Reverie's primary goal is to develop kinase inhibitors that address the unmet needs of patients. The field of biotechnology is expanding a lot and there are many opportunities available, thanks to the biotech companies that are sprouting up around the world. Gedea Biotech Founded: 2015 Location: Lund, Sweden Gedea Biotech is developing an antibiotic-free treatment for bacterial vaginosis, a common vaginal infection. 2022 Explore Biotech. The company offers its employees many competitive benefits, such as healthcare that includes dental and vision benefits. We also reference original research from other reputable publishers where appropriate. 2. Today, this company is a multinational pharmaceutical, medical devices, and first aid supplies manufacturer. 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. Hes into football (soccer), learned Spanish after 5 years in Spain, and has had his work published all over the web. 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. They are estimated to have between 200-500 employees with annual revenue up to $100M. Veru is traded on the NASDAQ and is welcome to investors (they provide key investment information here). Biotech Companies Denmark by region. The company focuses on industrial enzymes, microbes, and biopharmaceutical components for research, development, and production. These are a few biotech companies to watch closely in 2023: 1. The mRNA technology behind the Pfizer/BioNTech and Moderna vaccines. Top 11 Biotech Companies To Consider When Job Hunting. Based out of Fort Lauderdale, Dexcom is a leading biotech and pharmaceutical company specializing in glucose-monitoring technology used by diabetic patients. The biotechnology industry is comprised of hundreds of companies that fuse biology and technology to develop drugs and related products for the treatment of diseases and medical conditions. The total number of Biotech Companies USA is 52,060. Office location: Novato, California. Regeneron is also fighting hard against COVID-19, and has discovered two antibodies that have the potential to fight the virus. 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. Called aducanumab, this investigational drug is the first potential disease-modifying therapy to be used to treat Alzheimers disease. The offers that appear in this table are from partnerships from which Investopedia receives compensation. 1) Novo Nordisk Revenue (TTM): USD 18.3 billion Net Income (TTM): USD 5.8 billion Novo Nordisk is a multinational biotech company, headquartered in Denmark, which markets its products in over 160 countries. These include candidates that make use of Aduros STING Pathway Activators and B-select monoclonal antibody technologies that stimulate or regulate immune responses in the body. The following table lists the largest biotechnology and pharmaceutical companies ranked by market capitalization in billion USD dollars. As of January 2023, Amgen's current market capitalization is an amazing $144.98 billion. We, Yahoo, are part of the Yahoo family of brands. Please create an employee account to be able to mark statistics as favorites. The strength of the industry is based on the presence of established companies and start-ups. Veru Healthcare, also known as Veru Inc., is headquartered in Miami, FL, and specializes in developing specialty drugs focused on patients withbreast and prostate cancers, and, more recently, Covid-19. This research has led to several breakthroughs in oncology, microbiology, reproductive health, and more. Amgen made nearly 26 billion U.S. dollars of revenue in 2021, and 5.9 billion U.S. dollars of net . As a result, it joined the Pharma 50 at No. 9 min read In this article we are going to list the 15 largest. BioNTech is headquartered in Mainz, Germany. The Country's Biggest Biotechs. New Jersey also has a large number of biotech companies: 1,479. Sanofi concentrates on medical areas of research such as vaccines, cardiovascular health, oncology, and more. Other employees have reported that the company is exciting to work for, such as because its filled with smart people and interesting technology. ARCALYST for specific, rare autoinflammatory conditions. The company aims to conduct one of the largest gene sequencing operations worldwide through its Regeneron Genetics Center. Meanwhile, BioNTech brought in nearly 19.0 billion in revenue in 2021, almost 40 times what it made a year before. Second is Herning with 94 Biotech companies in Denmark (15%). The overall company objective is to improve patients access to quality health care. Are you interested in testing our business solutions? If youd like to see a graphical breakdown of the best biotech companies, we got you covered: Please include attribution to BiotechHealth.com with this graphic. The pharma giants can be found in a diverse group of countries, including the U.S., China, European Union, Japan, India, UK and more. In contrast, California-based company Amgen is the world's largest pure-play biotech company. You can find out more about job opportunities at Medtronic by visiting their Careers Page. Guangzhou Baiyunshan Pharmaceutical Group Co., Ltd. is a listed company controlled by Guangzhou Pharmaceutical Group Co., Ltd. (A shares 600332, H shares 00874), mainly engaged in: North Carolina Biotechnology Center is a non-profit corporation thats supported by the N.C. General Assembly. Founded in 2001, the companys product lines include amniotic membrane and umbilical cord-based tissue and device products. While the center doesnt conduct its own research, it facilitates interactions between the government, academia, and various industries to develop technology and job creation. Consequently, investors willing to accept more risk, for the promise of excessively higher returns, may wish to diversify theirequity portfolio with a stable of biotech stocks. Biotechnology is the scientific study using living organisms to develop healthcare products and processes. Illumina also sells DNA sequencers. Born and raised in the UK, Will went into medicine late (31) after a career in journalism. Beckman Coulter Inc. was established in 1935 and is one of the most prominent biotech companies in the US with over 11,000 global associates. Working in a biotech company can be very beneficial, as weve seen in this article, such as because your work will have lots of meaning. Zimmer Biomet specializes in orthopedic products that improve and enhance access to orthopedic care. Check out our related features related to the largest pharmaceutical companies: And click through our Pharma 50 reports 2022 listings and learn essential information about the companies powering the global pharmaceutical industry, Copyright 2023 WTWH Media LLC. Heres a rundown of some youll probably encounter. Investopedia requires writers to use primary sources to support their work. Hi, I'm Will. Total Revenue 140.81B. 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. ARCH Venture Partners. Florida biotech sites include Jacksonville, Orlando, Miami, and Tampa. Medtronics net income is projected to be $3.6B annually. We've also included 2015 market cap data for each company, based on mid-day trading on October 28, 2015. 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. According to Forbes magazine, Amgen is the worlds largest biotech company of 2018. He is a CFA charterholder as well as holding FINRA Series 7, 55 & 63 licenses. Show publisher information Despite the many challenges facing biotechnology companies, several enterprises have risen to the top of the list. Information about your device and internet connection, like your IP address, Browsing and search activity while using Yahoo websites and apps. The company is also said to be a collaborative one with a patient-centered work culture. Today's biotechnology industry includes companies that make medical devices and diagnostics, biofuels, biomaterials, pollution controls, and more. This would eliminate the need for a vaccine and treatment being developed separately, as Motley Fool has reported, so it could be a huge contribution to human health. $7.8B, increasing up to 15 percent year-on-year. 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. Examples of employee benefits include dental, vision, and health insurance. Its committed to developing education to prepare future employees for jobs in biotech while giving assistance to companies making a difference in the industry. 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. It was ranked at number four in Fortunes list of Most Admired Companies in the pharmaceutical industry. They use the advances in human genetics and functional genomics to systematically identify genetic modifiers and turn these insights into medicines. 1. She has performed editing and fact-checking work for several leading finance publications, including The Motley Fool and Passport to Wall Street. Its considered to be one of the worlds biggest independent biotech companies.Its focus is on biology first, and it also makes use of the latest technology and science to study biological mechanisms to find therapies that can improve the lives of people who have serious diseases. From information on investing in biotech health companies, down to biotech at-home products such as DNA testing kits and biofuel generators, the Brinson Brothers are going to bring you into the world of biotech medicine and innovations. In 2020 alone, cancer is predicted to take the lives of 606, 520 people in the U.S., as The National Cancer Institute reports.How does Kite Pharma intend on finding a cure for this disease that takes the lives of so many? Founded in 1849, Pfizer has risen to being on the top of today's biotechnology industry. dollars)." The source gives no information if data is based on financial year, calendar year, or moving annual total, nor about used exchange rates. Second is Phoenix with 532 biotech companies in The United States (2%). A list of the biggest publicly traded biotechnology companies, ranked by market cap. This list is limited to publicly traded companies in the U.S. or Canada, either directly or through ADRs. These companies generally focus on creating and testing new drug compounds for medical use and must go through lengthy trial and approval processes for their products. In an epoch-making move, Sanofi merged with Aventis in 2004 and became Sanofi Aventis. Learn how to invest in biotech companies. Meanwhile, BioNTech brought in nearly 19.0 billion in revenue in 2021, almost 40 times what it made a year before. The company is involved in creating medical solutions (products and technology) that address a wide variety of healthcare problems, employing over 90,000 people company-wide. Its also made Fast Companys Top 10 list of the most innovative biotech companies, as the Johnson & Johnson website reports. The following table lists the largest biotechnology and pharmaceutical companies ranked by revenue in billion USD. Read how incidence rates impact investors in pharmaceutical companies. All figures are as of Dec. 20, 2022, and all data is provided by YCharts. BioSpace takes an in-depth look at the Top 25 of Q1. It was founded in 1988 with a focus on inventing and manufacturing medicines in areas of high unmet medical need. Axsome Therapeutics Axsome's lead drug candidate, which it calls AXS-05, targets depression, Alzheimer's disease-related. A biotech company is a company that uses live . Zimmers annual revenue is projected to be approx. List of largest biomedical companies by market capitalization, List of largest biomedical companies by revenue, " Top biotech and pharmaceutical companies market value 2015 - Statistic", "ALNY Stock Price | Alnylam Pharmaceuticals Inc. Stock Quote (U.S.: Nasdaq)", "10x Genomics, Inc. (TXG) Stock Price, News, Quote & History - Yahoo Finance", https://en.wikipedia.org/w/index.php?title=List_of_largest_biomedical_companies_by_market_capitalization&oldid=1114917903, This page was last edited on 8 October 2022, at 23:13. Employees in the company enjoy benefits such as: Ultragenyxs Miami center is estimated to employ 50-100 people, while the companys annual revenue is an estimated $351.4M annually. In 2016, the company had a net income of $7.72B. BioMarin was the first biopharmaceutical firm to provide therapeutics for mucopolysaccharidosis and phenylketonuria. It was first established in 1978 in Geneva, Switzerland, but moved to the United States in 2003, after merging with California-based IDEC Pharmaceuticals. These include white papers, government data, original reporting, and interviews with industry experts. Roche is currently one of the biggest biotech producers in the world with 14 biopharmaceutical products. VAT Contains the 100 top-selling pharmaceutical companies from Switzerland from numerous segments such as immunotherapeutics, gynecology, biopharmaceuticals, oncology, OTC drugs, generics, urology, tumor therapy, antibiotics, etc. As a result, it joined the . What are some common types of job sectors in biotechnology. Band-Aids, Tylenol, and Johnson's Baby Powder are some examples of the consumer brands that are the most well-known. It has also been awarded an Innovate UK grant worth 347k. Novo Nordisk produces insulin andthe company began as the union of two smaller comapnies in Denmark. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of WTWH Media Privacy Policy | Advertising | About Us, The high demand for safe and effective COVID-19 treatments has caused a sea-change in the pharmaceutical industry and a dramatically different Pharma 50 list of the largest, Pfizer, along with BioNTech, developed the, xpect the industry dynamism to continue. Here are top 10 companies dominating the biotechnology market. Biotechnology is on the front line of medical research and technology. Currently, major biotech giants like Pfizer and Eli Lilly have branches there. In the U.S., drugs may be bought over-the-counter or by doctor's prescription. Cambridge has a large biotech scene that is starting to rival that of its U.S. namesake. 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