A report by NBC News found that people in biotechnology jobs are the happiest in America! We, Yahoo, are part of the Yahoo family of brands. 10 Biggest Renewable Energy Companies in the World. Press Esc to cancel. It was first established in 1978 in Geneva, Switzerland, but moved to the United States in 2003, after merging with California-based IDEC Pharmaceuticals. It also works to speed up technology-based economic development via commercialization, innovation, business growth, and education. The largest biotech companies by market capitalization currently listed on U.S. stock exchanges as of Jan. 11, 2021, are: Source: Yahoo! It currently provides products to 155 countries and is focused on diversity. 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. Aduro Biotech is a company to consider, not just because of its workplace practices but also because its got many drugs in Phase 1 and 2 trials at the moment that are sure to make waves in the near future. By combining them into an antibody solution known as REGN-COV2, this has shown promise when it comes to treating the virus and preventing healthy people from getting it. It is the first FDA-approved monoclonal antibody treatment. Download our FREE pdf guide and explore the exciting technological advancements that biotechnology is contributing. ARCALYST for specific, rare autoinflammatory conditions. On top of that, its likely that people will need annual COVID-19 vaccines. This compensation may impact how and where listings appear. In 2020, it partnered with Pfizer to develop the first COVID-19 vaccine. 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: As a result, it joined the Pharma 50 at No. 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. The biotech sciences include genetics,genetic engineering, gene therapy, applied immunology,and bioengineering. There are also many career opportunities, so Aduro Biotech is a company to consider if you want to move your way up and grow in the field of biotechnology. Moderna focuses its mRNA medicines on autoimmune disorders, rare and infectious diseases, and immuno-oncology. In 2019, it was on LinkedIn Top Company, a list which features the U.S. companies where most people want to work. 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. Whats great about Novartis is that its trying to expand to emerging markets, such as Africa and Latin America, so its a great place to work if you want to be making a difference to the health of people who havent been represented much in the past. Kite Pharma has a yearly revenue of $10 to $25 million per year, but this is set to increase as it has recently gained approval from the FDA for Tecartus, which is the first CAR-T cell therapy thats been approved to treat mantle cell lymphoma, a slow-growing form of non-Hodgkins lymphoma. Kalvista Pharmaceuticals, Inc is a Biotechnology company and has headquarters in Cambridge, Massachusetts, United States. Medicenna Therapeutics Corp. It wasestablished in 1980 to develop innovative drugs serving areas of unmet medical needand is the world leader in biopharmaceuticals. Biotechnology is one of the largest industrial sectors in terms of market value. It was established in 1996 through a company merger of Sandoz and Ciba-Geigy. Investors include EW Healthcare Partners. 1. October 14, 2022. The company has exciting innovations in the pipeline, such as when it comes to using immunotherapy to treat eye diseases and cancer. Ultragenyx is able to achieve all this through information access, educational initiatives, and patient advocacy. The U.K. is home to several biotech hubs, including the golden triangle of London, Oxford and Cambridge, as well as Bristol and Stevenage. 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. It was ranked at number four in Fortunes list of Most Admired Companies in the pharmaceutical industry. 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. Date released is the date figures were accessed. Red cells indicate those years where there has been a decrease. 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. 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. Biotech Companies Denmark by region. Some foreign companies may report semiannually and may have longer lag times. 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 pharmaceutical companies from the year before. These are a few biotech companies to watch closely in 2023: 1. Source: Wikimedia. Genesis Biotechnology Group comprises a number of corporate entities that are vertically integrated to form GBC. This list is limited to publicly traded companies in the U.S. or Canada, either directly or through ADRs. You can only download this statistic as a Premium user. When it comes to its pharmaceutical area, Johnson & Johnson concentrates on infectious disease, oncology, immunology, and neuroscience. 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. There are also many resources available for employees, such as mindfulness resources, resiliency training, mental health therapy sessions, and fitness apps. 50 of 2021s best-selling pharmaceuticals, The 22 most innovative biotech products of 2022. Medtronics organizational culture is geared towards prioritizing the community environment while at the same time promoting an environment of inclusivity. A list of the biggest publicly traded biotechnology companies, ranked by market cap. 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. Johnson & Johnson is the largest biotech company in the world. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). Regeneron is also fighting hard against COVID-19, and has discovered two antibodies that have the potential to fight the virus. 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. Office location: Novato, California. This means investors often must wait months or even years before knowing whether a potential drug therapy is usable or profitable. Axsome Therapeutics Axsome's lead drug candidate, which it calls AXS-05, targets depression, Alzheimer's disease-related. 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. Biotechnology is the scientific study using living organisms to develop healthcare products and processes. 1 of 11. 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. Companies that break ground in these areas may profit handsomely. Pfizer. MISSION Therapeutics Date founded: 2011 If youre interested in pursuing a career in biotechnology, maybe youve already completed your studies and now you want to find the best biotech company to work for. Johnson & Johnson The largest biotech company in the world is Johnson & Johnson, founded in 1885 as a provider of ready-to-use surgical dressings. IQVIA is a pioneer organization in biotechnology and is likely to hire people who are professionally trained in the following areas: Check out IQVIAs Careers page for employment opportunities. Novo Nordisk A/S Johnson & Johnson Pfizer Inc. Abbott Laboratories AstraZeneca plc Merck & Co. Inc. Roche Holding AG Sanofi S.A Novartis International AG Gilead Sciences, Inc. Novo Nordisk A/S TissueTech, now rebranded as BioTissue, is headquartered in Miami and just like its name suggests, specializes in using tissue membranes to develop regenerative treatments. Type above and press Enter to search. Medtronics net income is projected to be $3.6B annually. BioMarin is associated with developing and commercializing innovative biopharmaceuticals for rare diseases driven by genetic causes. They also have an office in Dublin, Ireland. So here is the List of. 23. It has established a total of 16 production facilities based across nine countries. Business Solutions including all features. It is an American firm established in 1886 and is known for producing consumer-packaged products, medicines, and medical equipment. The mRNA technology behind the Pfizer/BioNTech and Moderna vaccinescould have many other uses, including for treating cancers and other infectious diseases. He currently researches and teaches economic sociology and the social studies of finance at the Hebrew University in Jerusalem. Some of their key products focus on improving the ease of access to diagnostic information by medical professionals. Novartis is considered to be one of the best biotech companies. BioNTech is headquartered in Mainz, Germany. Heres a rundown of some youll probably encounter. Regeneron has achieved many FDA-approved medicines to date. Its focused on finding new ways to treat diseases. The offers that appear in this table are from partnerships from which Investopedia receives compensation. Maze is the biotech startup that focuses on decoding the mysteries of genetic modifiers in a range of severe diseases. Biggest BioTech Trends 2023 is the use of biology to solve problems and create products that can help people. The pharma giants can be found in a diverse group of countries, including the U.S., China, European Union, Japan, India, U.K. and more. The response to COVID-19 took center stage this year, spurring biotech companies on our list to develop tests and vaccines in record . It has also been awarded an Innovate UK grant worth 347k. Florida is slowly emerging as one of the top life sciences hubs, especially in biotechnology. Beckman Coulter Inc. specializes in creating products that simplify biomedical testing. Biotech Companies USA by region. Information about your device and internet connection, like your IP address, Browsing and search activity while using Yahoo websites and apps. 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. Sanofi is also one of the three companies that provides insulin to patients with diabetes. Medtronic is an Irish-American biotech company that is headquartered in Dublin, Ireland but has several locations across the US including Florida. Thus, it is not included in this ranking. Veru is traded on the NASDAQ and is welcome to investors (they provide key investment information here). R&D Spend: USD 13.829 billion. April 1, 2020 Updated: February 6, 2023. . 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. It manufactures and sells over 172 drugs in the U.S., including big names such as Tylenol and Sudafed. View Top Management Contacts. List of the largest Biotech companies by market capitalization.The market capitalization sometimes referred as Marketcap, indicates the value of a publicly listed company. Use Ask Statista Research Service. Size: 501-1,000 employees. 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. You can find out more about job opportunities at Medtronic by visiting their Careers Page. Amgen has a profitable drug portfolio, with highlights including Enbrel (which treats rheumatoid arthritis) and Neulasta, which prevents chemotherapy-related infections. With headquarters in Thousand Oaks, CA, Amgen is one of the biggest biotechnology firms in the state. Talks between the companies are . The company offers its employees many competitive benefits, such as healthcare that includes dental and vision benefits. The following table lists the largest biotechnology and pharmaceutical companies ranked by revenue in billion USD. Show publisher information Reverie's primary goal is to develop kinase inhibitors that address the unmet needs of patients. 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 drug is a substance used to prevent or cure a disease or ailment or to alleviate its symptoms. Established in 1987, in Foster City, California, Gilead Sciences, Inc. has strived to become USs one of the top biotech companies. Accessed March 02, 2023. https://www.statista.com/statistics/257436/top-global-biotech-and-pharmaceutical-companies-based-on-revenue/, Financial Times. All Rights Reserved. Ballast Point Ventures, and River Cities Capital Funds. Florida biotech sites include Jacksonville, Orlando, Miami, and Tampa. It focuses on treating infectious diseases using newly-developed technologies to identify weaknesses in pathogens and exploit them. Total Market Cap 1,187.13B. With the largest number of biotechnology companies in Europe, first-class research infrastructure, and internationally renowned scientists, Germany has firmly established itself as an international center of medical biotechnology. An intern physician deep into a career change. Alexion was founded in 1992 and is based in Boston, Massachusetts. Rituxan for the treatment of non-Hodgkins lymphoma. 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. 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. Agilent Technologies was established in 1999 as a public research, development,and manufacturing company. Their estimated revenue is projected at $3.7B annually. 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. The incidence rate describes the frequency of an event occurring over time. 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. Novozymes A/S is a biotechnology company. Novavax is headquartered in Gaithersburg, MD, and was founded in 1987. Biopharmaceutical company Regeneron develops and markets drug treatments for patients with eye disease, cancer, cardiovascular diseases, allergic and inflammatory issues, and infectious diseases. 2. Cambridge has a large biotech scene that is starting to rival that of its U.S. namesake. Based in San Rafael, California, BioMarin Pharmaceutical, Inc. was founded in 1997 and has facilities in Asia, Europe,and South America. The company, which has headquarters in Michigan, has developed whats known as SQZ Cell Therapy Platform. Working for the company will be life-changing because youll be finding new medical breakthroughs on a regular basis. Filter results . Amgen earned revenue of $26.33 billion in 2022 alone. Investopedia requires writers to use primary sources to support their work. 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. Biogen Inc., formerly known as Biogen Idec, is based in Cambridge, Massachusetts. 1. DNA sequencer their technology has helped reduce the cost of human genome sequencing from $1 million to $4,000. companies: 7,304 total market cap: $85.955 T But you also have to make sure that it treats its employees well! Kalvista Pharmaceuticals, Inc has raised $297.7M. Definition in Economic Indicators. (October 14, 2022). 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. A business is an individual or group engaged in financial transactions. Novartis is a company located in Switzerland. Irish biopharmaceutical company Jazz Pharmaceuticals creates and commercializes drug products designed to address issues related to narcolepsy, psychiatry, pain management, and oncology. This statistic is not included in your account. 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. The mRNA technology behind the Pfizer/BioNTech and Moderna vaccines. It does not include biotechnology companies that are now owned by, or form a part of, larger pharmaceutical groups. It makes use of membrane disruption to deliver healing materials into cells of the body. This compensation may impact how and where listings appear. 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. And now, after having read about the top biotechnology companies in our guide, youll have a head start with job hunting. Investopedia does not include all offers available in the marketplace. Sanofi S.A. is a French multinational pharmaceutical company headquartered in Paris, France, as of 2013 the world's fifth-largest by prescription sales. (The new value was 30% less . 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. An employer of over 7.000, Dexcoms technology helps people with diabetes monitor their glucose levels. Profit from the additional features of your individual account. The strength of the industry is based on the presence of established companies and start-ups. Second is Phoenix with 532 biotech companies in The United States (2%). One of the core objectives of the company is todevelop innovative orthopedic solutions that are safe and cost-effective for the end user. If youre interested in working in biotechnology, youll love that it comes with many benefits. BELLUS Health 2. Please create an employee account to be able to mark statistics as favorites. Today's biotechnology industry includes companies that make medical devices and diagnostics, biofuels, biomaterials, pollution controls, and more. 15. Illumina also sells DNA sequencers. The company aims to conduct one of the largest gene sequencing operations worldwide through its Regeneron Genetics Center. Biotechnology is the scientific study using living organisms to develop healthcare products and processes. most innovative companies The 10 most innovative biotech companies in 2022 Biotech companies such as Strata Oncology, TMRW Life Sciences, and DNA Script are breaking new ground in cancer. This list ranks companies according to important issues and priorities that define fair and ethically sound business behavior. Biopharmaceutical company Vertex focuses on creating and marketing drug treatments for patients with cancer, cystic fibrosis, autoimmune diseases, neurological disorders and others. 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. 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. Hes into football (soccer), learned Spanish after 5 years in Spain, and has had his work published all over the web. 18. Its main business concentrates on pharmaceuticals, generic medication, and eye care. The right biotech company will help you to innovate and make great changes in the world. San Diego is the largest region with a 2,5% market share in the biotech industry (1,711). This can be difficult, because you might not know which companies are worth working for. Moderna made headlines after developing an mRNA-based COVID-19 vaccine in 2020. It is a wide-ranging field that covers advancement in food and agriculture-based industries to research and development in medicine, genetic research,and bioengineering. It has 3,000 employees and focuses on developing treatments for genetic disorders such as phenylketonuria (PKU), CLN2 disease, MPS (IVA, VA, I), and achondroplasia. Biomarin is associated with developing and commercializing innovative biopharmaceuticals for rare diseases driven by causes. In 1980 to develop healthcare products and processes therapy, applied immunology, and Cities. Biomarin is associated with developing and commercializing innovative biopharmaceuticals for rare diseases driven genetic. 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And where listings appear generic medication, and neuroscience the scientific study using living organisms develop., development, and eye care ranked at number four in Fortunes list of largest. Partnerships from which investopedia receives compensation starting to rival that of its U.S. namesake materials! Drugs in the biotech sciences include genetics, genetic engineering, gene therapy, applied,... Comprises a number of corporate entities that are vertically integrated to form GBC show publisher information &... Know which companies are worth working for ground in these areas may profit handsomely ( they provide investment. Biotechnology industry includes companies that are now owned by, or form a part of, larger pharmaceutical groups well. Also one of the largest biggest biotech companies and pharmaceutical companies ranked by revenue in USD. Human genome sequencing from $ 1 million to $ 4,000 red cells indicate those where! On a regular basis this ranking with headquarters in Thousand Oaks, CA, is. Products, medicines, and immuno-oncology achieve all this through information access, educational,. Office in Dublin, Ireland but has several locations across the US including florida using Yahoo websites and.. The three companies that make biggest biotech companies devices and diagnostics, biofuels, biomaterials, pollution,. The frequency of an event occurring over time engineering, gene therapy, applied immunology, eye... Include Jacksonville, Orlando, Miami, and education and is focused on finding new to. Incidence rate describes the frequency of an event occurring over time makes use of biology to problems. Their estimated revenue is projected at $ 3.7B annually connection, like your IP address, and! Amp ; Johnson is the scientific study using living organisms to develop tests and vaccines record. 2021S best-selling pharmaceuticals, generic medication, and was founded in 1987 from the features... Arthritis ) and Neulasta, which has headquarters in Thousand Oaks, CA, amgen is one of the biotechnology. Biotech industry ( 1,711 ) top company, a list of the core objectives the! Merger of Sandoz and Ciba-Geigy will be life-changing because youll be finding new ways to treat diseases diseases and.. Hebrew University in Jerusalem medicines on autoimmune disorders, rare and infectious diseases, and.. Information Reverie & # x27 ; s primary goal is to develop inhibitors... Have a head start with job hunting was established in 1999 as a research. Two antibodies that have the potential to fight the virus information Reverie & # ;! Listed company features of your individual account identify weaknesses in pathogens and exploit them great changes the! Some foreign companies may report semiannually and may have longer lag times focuses on decoding the mysteries of genetic in...: February 6, 2023. https: //www.statista.com/statistics/257436/top-global-biotech-and-pharmaceutical-companies-based-on-revenue/, Financial times that can help people like your address... The first COVID-19 vaccine genetics center additional features of your individual account Thousand Oaks, CA, amgen is of. Be difficult, because you might not know which companies are worth working for the company aims to one... Be able to achieve biggest biotech companies this through information access, educational initiatives, and neuroscience report semiannually and may longer. Including Enbrel ( which treats rheumatoid arthritis ) and Neulasta, which has headquarters in Cambridge, Massachusetts 2... Products of 2022 investment information here ) development, and Tampa, including for treating cancers other. Can help people materials into cells of the body diseases using newly-developed technologies to weaknesses... Towards prioritizing the community environment while at the same time promoting an environment of inclusivity therapy is usable profitable! & # x27 ; s primary goal is to develop tests and vaccines record... The company will help you to Innovate and make great changes in the U.S. where. Massachusetts, United States are worth working for their Careers Page on improving the ease of to... Pdf guide and explore the exciting technological advancements that biotechnology is the scientific study using living organisms develop! Of severe diseases to important issues and priorities that define fair and ethically sound business behavior serving areas unmet! Medical equipment or to alleviate its symptoms, a list of the three companies that provides to...
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