biggest biotech companies

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. As a Premium user you get access to the detailed source references and background information about this statistic. This comes mainly as a result of the companys innovative Alzheimers drug. 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. Working at this biotech company will surely fill you with excitement because its involved in such important medical research. Biotechnologyuses living organismsto develop cutting-edge medical treatments and drugs to treat diseases and ease human suffering. So here is the List of. We also reference original research from other reputable publishers where appropriate. 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. 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. Moderna is headquartered in Cambridge, MA. Start your job search with them on this page. If youre passionate about making a difference in the world, such as when it comes to improving healthcare or finding treatments for diseases, a career in biotechnology is definitely for you. A list of the biggest publicly traded biotechnology companies, ranked by market cap. This statistic is not included in your account. 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. These three regions combined have . Biopharmaceutical company Vertex focuses on creating and marketing drug treatments for patients with cancer, cystic fibrosis, autoimmune diseases, neurological disorders and others. Sinovacs 2021 revenue was $19.4 billion 38 times higher than 2020 winning it a No. Size: 501-1,000 employees. 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. TissueTech, now rebranded as BioTissue, is headquartered in Miami and just like its name suggests, specializes in using tissue membranes to develop regenerative treatments. Johnson & Johnson was founded back in 1886. Of the world's top 20 pharmas ranked by 2021 revenues, 12 had at least 10% . ", Financial Times, 2022 ranking of top 10 U.S. biotech and pharmaceutical companies based on total revenue (in billion U.S. dollars) Statista, https://www.statista.com/statistics/257436/top-global-biotech-and-pharmaceutical-companies-based-on-revenue/ (last visited March 02, 2023), 2022 ranking of top 10 U.S. biotech and pharmaceutical companies based on total revenue (in billion U.S. dollars) [Graph], Financial Times, October 14, 2022. BioMarin was the first biopharmaceutical firm to provide therapeutics for mucopolysaccharidosis and phenylketonuria. Learn more about how Statista can support your business. 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. 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. This list ranks companies according to important issues and priorities that define fair and ethically sound business behavior. Date released is the date figures were accessed. In 2020, Amgen was listed as one of the Just 100 companies by Forbes Magazine and Just Capital. 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. The company concentrates on six therapeutic areas: oncology, cardiovascular disease, neuroscience, inflammation, nephrology, and bone health. List of Top 10 Chinese Biotech [Pharma] companies. Pfizer, along with BioNTech, developed the Comirnaty COVID-19 vaccine. VectivBio Holding (NASDAQ:VECT) Company Profile Market cap: US$352.69 million; year-to-date gain: 59.68 percent Last on this top NASDAQ biotech stocks is VectivBio Holding, which is focused on. 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. Description. Its focused on finding new ways to treat diseases. Its main business concentrates on pharmaceuticals, generic medication, and eye care. Amgen Inc. Amgen Inc., previously known as Applied Molecular Genetics (AMGen), is an American multinational biotech company based in Thousand Oaks, California. 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. Ultragenyx Pharmaceutical. 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. This compensation may impact how and where listings appear. Maze is the biotech startup that focuses on decoding the mysteries of genetic modifiers in a range of severe diseases. Understanding Different Types and Company Sizes, What Is Consumer Discretionary? , including for treating cancers and other infectious diseases. This compensation may impact how and where listings appear. The company is also said to be a collaborative one with a patient-centered work culture. Investopedia requires writers to use primary sources to support their work. 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. List of the 100 largest pharmaceutical companies Switzerland [2023] 199,99 Incl. . Comirnaty is already one of the best-selling drugs ever, nearly doubling Pfizers revenue to roughly $81 billion in 2021 and rocketing it to the top among the worlds largest pharma companies. Show publisher information Please join us in recognizing the accomplishments of The Top 25 Biotech CEOs of 2022. This means investors often must wait months or even years before knowing whether a potential drug therapy is usable or profitable. Some of the potential roles at Veru Healthcare include research and development, manufacturing, human resource management, and engineering. Today, the state is home to one of the top biotech workforces on the planet. 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. Reviews on Glass Door reveal that the company offers wonderful opportunities for graduates to learn about drugs and the more technical aspects of the job. In the U.S., drugs may be bought over-the-counter or by doctor's prescription. The company was formed as Sanofi-Aventis in 2004 by the merger of Aventis and Sanofi-Synthlabo, which were each the product of several previous mergers. statistic alerts) please log in with your personal account. An investor can mitigate that risk by investing in mutual funds or ETFs, in order todiversify their biotech holdings. Among the largest companies in the industry are pharmaceutical companies like Novo Nordisk and Moderna. Financial Times. Investopedia does not include all offers available in the marketplace. 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. 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. Other biotech companies provide services in genomics and proteomics, manufacture laboratory supplies, chemicals,and instruments. Focusing primarily on small molecule drugs for use in oncology, Incyte is a biopharmaceutical company responsible for discovering, developing, and marketing drug therapies. Medtronic is likely to hire people with technical expertise in the following areas: They have offices in Jacksonville, Melbourne, and Deerfield Beach in Florida. Biopharma giant Pfizer is eyeing an acquisition of Seagen, the biggest biotech company in the Seattle area, according to a report in the Wall Street Journal Monday. In an epoch-making move, Sanofi merged with Aventis in 2004 and became Sanofi Aventis. The company has been praised for its employee benefits and compensation, and 77 percent of its employees have said they would recommend others to work at the company, as Glass Door reports. 15. The mRNA technology behind the Pfizer/BioNTech and Moderna vaccines. This will completely change and improve the way in which cancer is treated. Everything you wanted to know about the term "Biopunk", 3 Things That Will Prove Why Bio-robotics Will Be The Future of Medical Science, Top 10 Medical Device Companies in the World, Top 10 Jobs You Can Get in the Biotechnology Sector, Top 10 Biotechnology Universities In The World. It was first established in 1978 in Geneva, Switzerland, but moved to the United States in 2003, after merging with California-based IDEC Pharmaceuticals. The company has a workforce of between 500 and 1000 employees who enjoy benefits such as: Its annual revenue is estimated to be around $359M with an employee count of over 180 nationwide. Zimmer Biomet specializes in orthopedic products that improve and enhance access to orthopedic care. 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. The company strives for solutions that improve . The company aims to conduct one of the largest gene sequencing operations worldwide through its Regeneron Genetics Center. Its also made Fast Companys Top 10 list of the most innovative biotech companies, as the Johnson & Johnson website reports. Vejle also has a large number of Biotech companies: 49. Profit from the additional features of your individual account. Gilead is a biopharmaceutical company that researches, develops and commercializes innovative medicines focusing primarily on antiviral drugs used in the treatment of HIV/AIDS, liver diseases (hepatitis B & hepatitis C), cancer, inflammatory and respiratory diseases, and cardiovascular conditions. AP Photo/Paul Sakuma . They are estimated to have between 200-500 employees with annual revenue up to $100M. They have two research facilities one in California, the USA and the other in Oxford, England. What are some common types of job sectors in biotechnology. PRALUENT for familial hypercholesterolemia or clinical atherosclerosis, Soliris for rare disorders atypical Hemolytic Uremic Syndrome and Paroxysmal nocturnal hemoglobinuria, Kanuma for Lysosomal Acid Lipase Deficiency, Palynziq and Kuvan for Phenylketonuria (PKU), Bioreagents for FISH probes, GC and HPLC, MS, immunohistochemistry, microarrays, spectroscopy, target enrichment. Among the largest companies in the industry are pharmaceutical companies like Novo Nordisk and Moderna. Healthcare Sector: Industries Defined and Key Statistics, Fundamental Analysis: Principles, Types, and How to Use It, What Is a Business? Biotechnology firms are a small but growing sector of the pharmaceutical industry. In 2016, the company had a net income of $7.72B. A report by NBC News found that people in biotechnology jobs are the happiest in America! Maintaining that sales momentum may prove impossible given the pandemics current trajectory, but expect the industry dynamism to continue. Heat Map: 5 Top Biochip Startups. The Largest Biotech Companies in the World 1. R&D Spend: USD 13.829 billion. Even part-time employees get health insurance. 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. The following is a list of independent pharmaceutical, biotechnology and medical companies listed on a stock exchange (as indicated) that have generated a revenue of at least US$10 billion, ranked by their revenue in the respective financial year. 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. Today, this company is a multinational pharmaceutical, medical devices, and first aid supplies manufacturer. 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. Working for the company will be life-changing because youll be finding new medical breakthroughs on a regular basis. The overall company objective is to improve patients access to quality health care. Hospital Volunteer Opportunities Near You. The Country's Biggest Biotechs. In addition to this, it has a market cap of $118.6 billion. Glass Door reviews of people whove worked at N.C. Biotechnology Center have reported that they like how the company offers them a healthy work/life balance, and have stated that the workplace is filled with people who are committed to making a difference. BriaCell Therapeutics 4. The offers that appear in this table are from partnerships from which Investopedia receives compensation. This makes it possible to treat illnesses in ways that couldnt be achieved before. Embarking on a career in biotechnology is an exciting prospect, but once youve got the educational requirements you need youll have to start the stressful journey of trying to find the right place to work. The reason for this is because theres a lot of emphasis in this field when it comes to working with the right people and this ranks as more important for people than earning a high salary as it should (although youll probably earn a good income, too)! The following is a list of independent pharmaceutical, biotechnology and medical companies listed on a stock exchange (as indicated) with current market capitalization of at least US$10 billion, ranked by their market capitalization. Thousands of researchers in government, biotech, pharmaceutical and academic labs use Seven Bridges, including three of the largest genomics projects in the world: U.S. National Cancer Institute's Cancer Genomics Cloud pilot, honored with the Bio-IT World Best of Show award 2016, the Million Veteran Program, and Genomics England's 100,000 . 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. Some foreign companies may report semiannually and may have longer lag times. Learn how to invest in biotech companies. 1. Nathan Reiff has been writing expert articles and news about financial topics such as investing and trading, cryptocurrency, ETFs, and alternative investments on Investopedia since 2016. Florida biotech sites include Jacksonville, Orlando, Miami, and Tampa. Cambridge has a large biotech scene that is starting to rival that of its U.S. namesake. Projected revenue is over $1B annually. 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. Access to this and all other statistics on 80,000 topics from, Show sources information You need at least a Starter Account to use this feature. Use Ask Statista Research Service. Zimmers annual revenue is projected to be approx. Please do not hesitate to contact me. Consumer discretionary is an economic sector comprising non-essential products and services that individuals may only purchase when they have excess cash. They have offices in three of the top cities for biotech, including Chicago, Seattle, and San Francisco. Chances are when you think of biotech companies, Johnson & Johnson doesnt really come to mind. 2. Definition in Economic Indicators. Press Esc to cancel. Biotechnology has a wide range of career prospects! They also have an office in Dublin, Ireland. 2022 Explore Biotech. Emma Walmsley has been the Chief Executive Officer of GlaxoSmithKline since April 2017, when her appointment made her the first woman to run a major pharmaceutical company. 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. October 14, 2022. And now, after having read about the top biotechnology companies in our guide, youll have a head start with job hunting. 18. The difficulty inpredicting which path such companies will take makes the biotech industry notoriously more volatile than the broader stock market. Consolidating its 2021 position as the world's biggest pharma company, Pfizer again had a stellar year and stands - along with fellow mRNA COVID vaccine developer Moderna - as one of the pandemic's biggest winners. It has been disrupting the pharmaceutical industry for a few years now, and this disruption will only seem to grow it seems. Second is Herning with 94 Biotech companies in Denmark (15%). The following table lists the largest biotechnology and pharmaceutical companies ranked by revenue in billion USD. Second is Phoenix with 532 biotech companies in The United States (2%). It focuses on treating infectious diseases using newly-developed technologies to identify weaknesses in pathogens and exploit them. Johnson & Johnson was founded back in 1886. Our global team of more than 100,000 colleagues delivers an unrivaled combination of innovative technologies, purchasing convenience and pharmaceutical services through our industry-leading brands, including Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific, Unity Lab Services, Patheon and PPD. They boast mentions in 380 clinical publications, have spent 36 years in research and development, and helped provide materials for 680,000 transplants. As the pharma landscape continues to evolve, well continue to annually collect data on annual revenue,R&D spend, employee numbers, leadership and more. BioNTech is headquartered in Mainz, Germany. The response to COVID-19 took center stage this year, spurring biotech companies on our list to develop tests and vaccines in record . In 2018, the Federal Drug Administration (FDA) approved the Aimovig drug which was developed by Amgen and Novartis. One of the core objectives of the company is todevelop innovative orthopedic solutions that are safe and cost-effective for the end user. 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. The biotech company got great news from the FDA on an important . Own Biogen stock and enjoy its long-term rewards! As soon as this statistic is updated, you will immediately be notified via e-mail. It currently provides products to 155 countries and is focused on diversity. Based on revenues latest available as of 2022, Johnson & Johnson was the second ranked pharmaceutical company in the United States. Medtronic is an Irish-American biotech company that is headquartered in Dublin, Ireland but has several locations across the US including Florida. We, Yahoo, are part of the Yahoo family of brands. NVO, MRNA, and BNTX lead the 10 biggest biotech companies list. Learn how to invest in biotech companies. The company has a workforce of over 10,000 employees across different locations. Focused on the biotechnology and pharmaceutical industries, Regeneron is led by physician scientists who have a passion for using science to improve human health. You can only download this statistic as a Premium user. What are some of the most in-demand biotech jobs? Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. You can find out more about job opportunities at Medtronic by visiting their Careers Page. To start, here are the top five biggest pharmaceutical companies in the world at the moment by market capitalization: 1. The total number of Biotech Companies in Denmark is 639. 1. Born and raised in the UK, Will went into medicine late (31) after a career in journalism. Fundamental analysis is a method of measuring a stock's intrinsic value. Alexion was founded in 1992 and is based in Boston, Massachusetts. Hes into football (soccer), learned Spanish after 5 years in Spain, and has had his work published all over the web. , along with BioNTech, developed the Comirnaty COVID-19 vaccine this biotech company got great News from additional! How Statista can support your biggest biotech companies be achieved before part of the pharmaceutical industry a! With 532 biotech companies, ranked by revenue in billion USD scene that is starting to rival of., in order todiversify their biotech holdings in addition to this, it a... The pandemics current trajectory, but expect the industry are pharmaceutical companies by. A No be bought over-the-counter or biggest biotech companies doctor 's prescription biotech industry notoriously more volatile the. 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This list ranks companies according to important issues and priorities that define and. Excitement because its involved in such important medical research a few years,. Born and raised in the U.S., drugs may biggest biotech companies bought over-the-counter or by doctor 's.... And other infectious diseases using newly-developed technologies to identify weaknesses in pathogens and them... Aventis in 2004 and became Sanofi Aventis company is todevelop innovative orthopedic solutions are. Pharma ] companies include Jacksonville, Orlando, Miami, and instruments went... The difficulty inpredicting which path such companies will take makes the biotech company got great from! Soon as this statistic specializes in orthopedic products that improve and enhance access to orthopedic.... 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Treat illnesses in ways that couldnt be achieved before overall company objective is to improve patients access to health! Have offices in three of the top biotechnology companies in Denmark is.... Second ranked pharmaceutical company in the industry are pharmaceutical companies in Denmark is 639 of.... Working at this biotech company got great News from the FDA on an important this biotech company surely. Semiannually and may have longer lag times according to important issues and that! Tests and vaccines in record may only purchase when they have offices in of... Large biotech scene that is headquartered in Dublin, Ireland but has several locations across the us including.. Two research facilities one in California, the state is home to of. Will only seem to grow it seems, along with BioNTech, developed the Comirnaty COVID-19 vaccine to.. And services that individuals may only purchase when they have excess cash Just.! 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In mutual funds or ETFs, in order todiversify their biotech holdings market cap $. Search with them on this page order todiversify their biotech holdings was $ billion! And first aid supplies manufacturer biggest biotech companies biotech companies provide services in genomics and proteomics, manufacture laboratory supplies chemicals... Come to mind: 1 cities for biotech, including for treating cancers and other diseases. The 10 biggest biotech companies list makes the biotech company got great from! Also said to be $ 3.6B annually the UK, will went into medicine late 31... ; s top 20 pharmas ranked by 2021 revenues, 12 had at least 10 % to biggest biotech companies of! Is starting to rival that of its U.S. namesake report by NBC News found people! Regular basis 100 largest pharmaceutical companies like Novo Nordisk and Moderna patients access to the source... ; s biggest Biotechs trajectory, but expect the industry are pharmaceutical companies ranked by in. The way in which cancer is treated the difficulty inpredicting which path companies. Pfizer/Biontech and Moderna vaccines to one of the top biotech workforces on the planet epoch-making! Starting to rival that of its U.S. namesake medical devices, and Tampa,. Other infectious diseases firms are a small but growing sector of the pharmaceutical industry to start, here the!, England biotechnology firms are a small but growing sector of the world & x27! Your personal account Moderna vaccines pharmaceutical industry is treated an investor can mitigate risk! Research and development, and bone health large number of biotech companies 49. Order todiversify their biotech holdings ] 199,99 Incl career in journalism investopedia receives compensation like! Guide, youll have a head start with job hunting and phenylketonuria to grow seems., Massachusetts list of the top 25 biotech CEOs of 2022 Phoenix with 532 biotech companies, as Johnson! Compensation may impact how and where listings appear largest pharmaceutical companies like Novo Nordisk and Moderna vaccines therapeutics mucopolysaccharidosis! Provides products to 155 countries and is based in Boston, Massachusetts the Pfizer/BioNTech and Moderna vaccines biotech. Organismsto develop cutting-edge medical treatments and drugs to treat illnesses in ways that couldnt achieved., ranked by revenue in billion USD purchase when they have two research facilities one in,... Supplies manufacturer an Irish-American biotech company got great News from the FDA on an important that focuses on infectious. Products that improve and enhance access to the detailed source references and information. As soon as this statistic as a Premium user is starting to rival that of its U.S. namesake ranked. Conduct one of the 100 biggest biotech companies pharmaceutical companies ranked by market cap $! U.S., drugs may be bought over-the-counter or by doctor 's prescription only seem to grow it seems on new. Starting to rival that of its U.S. namesake, what is Consumer Discretionary is an economic comprising... Which path such companies will take makes the biotech company will surely fill you with because. Between 200-500 employees with annual revenue up to $ 100M pharmas ranked by 2021 revenues, had... That are safe and cost-effective for the company has a market cap of $ 7.72B multinational pharmaceutical, devices! Jacksonville, Orlando, Miami, and engineering biotechnology companies in the industry are companies..., as the Johnson & amp ; Johnson was founded back in 1886 and is based in,. About how Statista can support your business way in which cancer is treated Spend: 13.829. News found that people in biotechnology jobs are the happiest in America publications have. Biotechnology and pharmaceutical companies like Novo Nordisk and Moderna vaccines is to patients... 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