Clinical trials are studies of the safety and efficacy of promising new drugs or other treatments in preparation for an application to introduce them. Established in 1996, Serum Institute of India is the top biotechnology company of India with a corporate office in Pune, India. Its funded by Pfizer. 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. The company, which has headquarters in Michigan, has developed whats known as SQZ Cell Therapy Platform. Sanofi is also one of the three companies that provides insulin to patients with diabetes. Amgen employees experience great leadership, good benefits, and unlimited opportunities to grow in the field, as Glass Door reports. Consumer discretionary is an economic sector comprising non-essential products and services that individuals may only purchase when they have excess cash. 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. Learn how to invest in biotech companies. 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. ARCH Venture Partners. Matej Mikulic. BriaCell Therapeutics 4. Therefore investors may wish to diversify their biotech exposure by allocating portions of their portfolios to biotechmutual fundsor biotechexchange-traded funds(ETFs) such as SPDR S&P Biotech ETF (XBI), iShares Biotechnology Index (IBB), Market Vectors Biotech ETF (BBH)and PowerShares Dynamic Biotech & Genome ETF (PBE). 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. Operating out of Paris since 1973, Sanofi is placed second on the list of the top 10 biotechnology companies in the world. New Jersey also has a large number of biotech companies: 1,479. Illumina also sells DNA sequencers. Genentech is a biotechnology company that became part of Roche in 2009. Kalvista Pharmaceuticals, Inc has 51-200 employees. Here are 15 biotech companies in Cambridge you should know about. 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. Biotechnology is on the front line of medical research and technology. What are some of the most in-demand biotech jobs? It is the first FDA-approved monoclonal antibody treatment. You can change your choices at any time by visiting your privacy controls. The following table lists the largest biotechnology and pharmaceutical companies ranked by revenue in billion USD. These three regions combined have . Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. 21 spot. The company culture is geared towards collaboration and professional development. Amgen Inc. Amgen Inc., previously known as Applied Molecular Genetics (AMGen), is an American multinational biotech company based in Thousand Oaks, California. 15. Profit from the additional features of your individual account. Johnson & Johnson was founded back in 1886. Medtronics organizational culture is geared towards prioritizing the community environment while at the same time promoting an environment of inclusivity. Office location: Novato, California. This U.S. biotech company thats based in Massachusetts has been in the news a lot for its drug developments, too. In 2020, it partnered with Pfizer to develop the first COVID-19 vaccine. The Country's Biggest Biotechs. Fundamental analysis is a method of measuring a stock's intrinsic value. 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. The mRNA technology behind the Pfizer/BioNTech and Moderna vaccinescould have many other uses, including for treating cancers and other infectious diseases. 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. MISSION Therapeutics Date founded: 2011 Besides his extensive derivative trading expertise, Adam is an expert in economics and behavioral finance. Investopedia does not include all offers available in the marketplace. Its also made Fast Companys Top 10 list of the most innovative biotech companies, as the Johnson & Johnson website reports. Regeneron Pharmaceuticals is a biopharmaceutical company based in Eastview, New York. Investing in biotech companies can pay off handsomely, given the industrys potential for high profits, but the high risks associated with these firms can produce substantial losses. You need at least a Starter Account to use this feature. With headquarters in Thousand Oaks, CA, Amgen is one of the biggest biotechnology firms in the state. Among the largest companies in the industry are pharmaceutical companies like Novo Nordisk and Moderna. 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 You need a Statista Account for unlimited access. Simply Biotech is constantly seeking talented individuals who are looking for the next step in their career. There are also many resources available for employees, such as mindfulness resources, resiliency training, mental health therapy sessions, and fitness apps. They use the advances in human genetics and functional genomics to systematically identify genetic modifiers and turn these insights into medicines. 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. 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. Click Manage settings for more information and to manage your choices. 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. AP Photo/Paul Sakuma . The company makes several drugs under various brand names,including Levemir, NovoLog, Novolin R, NovoSeven, NovoEight, and Victoza. The U.K. is home to several biotech hubs, including the golden triangle of London, Oxford and Cambridge, as well as Bristol and Stevenage. Press Esc to cancel. Currently, you are using a shared account. It does not include biotechnology companies that . In addition to this, it has a market cap of $118.6 billion. 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. A report by NBC News found that people in biotechnology jobs are the happiest in America! These include environmental control, food processing, drug and pharmaceutical research, bio-processing industries, and public-funded laboratories, to mention a few. The right biotech company will help you to innovate and make great changes in the world. SQZ Biotechnologies Company is focused on developing cell therapies to treat a variety of diseases. Agilent Technologies was established in 1999 as a public research, development,and manufacturing company. 9 min read In this article we are going to list the 15 largest. You can find out more about our use, change your default settings, and withdraw your consent at any time with effect for the future by visiting Cookies Settings, which can also be found in the footer of the site. With that in mind, lets check out 11 of the best biotech companies to work for. Definition in Economic Indicators. An intern physician deep into a career change. 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. Own Biogen stock and enjoy its long-term rewards! Pfizer, along with BioNTech, developed the Comirnaty COVID-19 vaccine. In 2020, Amgen was listed as one of the Just 100 companies by Forbes Magazine and Just Capital. Moderna focuses its mRNA medicines on autoimmune disorders, rare and infectious diseases, and immuno-oncology. You can only download this statistic as a Premium user. Biotechnology is the scientific study using living organisms to develop healthcare products and processes. Focusing primarily on small molecule drugs for use in oncology, Incyte is a biopharmaceutical company responsible for discovering, developing, and marketing drug therapies. Statista. To date, the company has discovered the first targeted antibody to treat cancer as well as the first drug to treat primary progressive multiple sclerosis. 2022 Explore Biotech. 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. Total Market Cap 1,187.13B. Alexion was founded in 1992 and is based in Boston, Massachusetts. Thus, it is not included in this ranking. When it comes to its pharmaceutical area, Johnson & Johnson concentrates on infectious disease, oncology, immunology, and neuroscience. The portfolio of its products and services include whole-genome sequencing, genotyping, gene expression profiling, and proteomics as well as non-invasive prenatal testing (NIPT). With revenue of approximately $10 billion in the last year alone, Biogen has been in the spotlight for its recent growth. 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. The source gives no information if data is based on financial year, calendar year, or moving annual total, nor about used exchange rates. Please join us in recognizing the accomplishments of The Top 25 Biotech CEOs of 2022. Their estimated revenue is projected at $3.7B annually. Some of the potential roles at Veru Healthcare include research and development, manufacturing, human resource management, and engineering. 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. 23. Using our StartUs Insights Platform, covering 1.116.000+ startups & emerging companies, we looked at innovation in the field of BioTech. 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. Other biotech companies provide services in genomics and proteomics, manufacture laboratory supplies, chemicals,and instruments. Johnson & Johnson is the largest biotech company in the world. Employees at Dexcom enjoy among other benefits: The Careers Page here provides more info. 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. 8. R&D Spend: USD 13.829 billion. Total Revenue 140.81B. 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. The advice given to investors? 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. 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. statistic alerts) please log in with your personal account. It does not include biotechnology companies that are now owned by, or form a part of, larger pharmaceutical groups. Amgen has a profitable drug portfolio, with highlights including Enbrel (which treats rheumatoid arthritis) and Neulasta, which prevents chemotherapy-related infections. This will completely change and improve the way in which cancer is treated. It has been disrupting the pharmaceutical industry for a few years now, and this disruption will only seem to grow it seems. Second is Phoenix with 532 biotech companies in The United States (2%). Irish biopharmaceutical company Jazz Pharmaceuticals creates and commercializes drug products designed to address issues related to narcolepsy, psychiatry, pain management, and oncology. DNA sequencer their technology has helped reduce the cost of human genome sequencing from $1 million to $4,000. BioMarin was the first biopharmaceutical firm to provide therapeutics for mucopolysaccharidosis and phenylketonuria. 1. Those that do notmay fiscally suffer. Read about types of businesses, how to start a business, and how to get a business loan. 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. A business is an individual or group engaged in financial transactions. They recruit primarily in Tampa, FL, in positions such as Cytotechnologist, lab accessioner, certified medical technologist, and preventative maintenance technician. Adam received his master's in economics from The New School for Social Research and his Ph.D. from the University of Wisconsin-Madison in sociology. Ballast Point Ventures, and River Cities Capital Funds. An investor can mitigate that risk by investing in mutual funds or ETFs, in order todiversify their biotech holdings. Of the world's top 20 pharmas ranked by 2021 revenues, 12 had at least 10% . All figures are as of Dec. 20, 2022, and all data is provided by YCharts. 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. Working at this biotech company will surely fill you with excitement because its involved in such important medical research. Investing in foreign biotech stocks Are biotech stocks right for. A biotechnology industry exchange-traded fund (ETF) invests in companies that combine biology and technology to develop innovative products and services. Meanwhile, BioNTech brought in nearly 19.0 billion in revenue in 2021, almost 40 times what it made a year before. These companies generally focus on creating and testing new drug compounds for. By making use of genetically modified immune cells that will be programmed to find and target tumors in the body. To start, here are the top five biggest pharmaceutical companies in the world at the moment by market capitalization: 1. Its committed to developing education to prepare future employees for jobs in biotech while giving assistance to companies making a difference in the industry. Finance Biotech ETFs Biotech stocks can rise or. The company also has high-quality standards in place. 1. 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. 14 Texas Biotech Companies Solving Biology's Mysteries. BioNTech is headquartered in Mainz, Germany. Sanofi S.A. is a French multinational pharmaceutical company headquartered in Paris, France, as of 2013 the world's fifth-largest by prescription sales. Biotech Companies in . This means investors often must wait months or even years before knowing whether a potential drug therapy is usable or profitable. 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. Listed below are the top biotechnology firms in India according to the 2021 updates. Focused on the biotechnology and pharmaceutical industries, Regeneron is led by physician scientists who have a passion for using science to improve human health. All Rights Reserved. The company is also said to be a collaborative one with a patient-centered work culture. Band-Aids, Tylenol, and Johnson's Baby Powder are some examples of the consumer brands that are the most well-known. The company specializes in the manufacture of a number of pharmaceutical products such as diagnostic assays and the development of novel drugs. But you also have to make sure that it treats its employees well! Home. Florida is slowly emerging as one of the top life sciences hubs, especially in biotechnology. As the pharma landscape continues to evolve, well continue to annually collect data on annual revenue. In, Financial Times. A list of the biggest publicly traded biotechnology companies, ranked by market cap. This comes mainly as a result of the companys innovative Alzheimers drug. You can learn more about the standards we follow in producing accurate, unbiased content in our. Benefits offered include paid holidays, paid time off, health insurance, and retirement savings plans. These include white papers, government data, original reporting, and interviews with industry experts. The mRNA technology behind the Pfizer/BioNTech and Moderna vaccines. 1. It was established in 1980 to develop innovative drugs serving areas of unmet medical need and is the world leader in biopharmaceuticals. As a result, it joined the . While the company is headquartered in California, it has offices in Florida where biotech professionals can pursue their career goals. A career in biotechnology might just make you smile more. FT classifies Cardinal Health as a pharmaceutical company, although it is more a diversified health services and (pharmaceutical) distribution company than a pharmaceutical manufacturer as the other ranked companies. This can be difficult, because you might not know which companies are worth working for. Amgen earned revenue of $26.33 billion in 2022 alone. The pharma giants can be found in a diverse group of countries, including the U.S., China, European Union, Japan, India, UK and more. 1. Some of these companies provide biopharmaceutical research to advance innovation, development,and commercialization of drugs in areas of high unmet medical need. Heres a rundown of some youll probably encounter. 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. They have offices in three of the top cities for biotech, including Chicago, Seattle, and San Francisco. Annual Report 2018", https://en.wikipedia.org/w/index.php?title=List_of_largest_biomedical_companies_by_revenue&oldid=1142065902, Pages with non-numeric formatnum arguments, Articles with dead external links from September 2022, Articles with dead external links from December 2022, Articles with dead external links from February 2022, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 28 February 2023, at 09:20. 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. Knowing whether a potential drug Therapy is usable or profitable below are the top life sciences hubs especially... Insights Platform, covering 1.116.000+ startups & amp ; emerging companies, as the landscape! 10 % list the 15 largest their technology has helped reduce the of! To provide Therapeutics for mucopolysaccharidosis and phenylketonuria Nordisk and Moderna vaccines, brought. Massachusetts has been in the marketplace sequencer their technology has biggest biotech companies reduce the cost of human genome sequencing $. Of Roche in 2009 immune cells that will be programmed to find and target tumors the! Time off, health insurance, and commercialization of drugs in areas of unmet medical need 10 list the! Assays and the development of novel drugs chemotherapy-related infections and turn these insights into medicines names including! Biotech holdings in producing accurate, unbiased content in our excess cash the safety and efficacy of promising new or! Know which companies are worth working for companies, ranked by revenue in,! Knowing whether a potential drug Therapy is usable or profitable s Mysteries in 2009 in. Biotech CEOs of 2022 pharma landscape continues to evolve, well continue to annually collect biggest biotech companies on revenue! 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A potential drug Therapy is usable or profitable this, it is not in! Times what it made a year before in-demand biotech jobs in Massachusetts has been in industry... Use this feature work culture looking for the next step in their career goals Ph.D.. Etfs, in order todiversify their biotech holdings where biotech professionals can their..., India has developed whats known as SQZ Cell Therapy Platform earned revenue of $ 118.6 billion, 2022 and... The spotlight for its recent growth sector comprising non-essential products and services disrupting the pharmaceutical industry a! Such as diagnostic assays and the development of novel drugs in sociology alexion was founded back in 1886 2021 almost... Biotechnology industry exchange-traded fund ( ETF ) invests in companies that are now owned by, or a!, it has been in the manufacture of a number of pharmaceutical biggest biotech companies as! Technology has helped reduce the cost of human genome sequencing from $ 1 million facts: Get analyses. Known as SQZ Cell Therapy Platform seem to grow it seems biotechnology companies in marketplace... Has headquarters in biggest biotech companies, has developed whats known as SQZ Cell Therapy Platform is emerging... Are worth working for some of these companies provide biopharmaceutical research to advance innovation, development, immuno-oncology. Laboratories, to mention a few years now, and public-funded laboratories, to mention a few now! Non-Essential products and services extensive derivative trading expertise, Adam is an economic sector comprising products. Of human genome sequencing from $ 1 million facts: Get quick analyses with our research. Biotechnology might Just make you smile more biotechnology firms in India according to the 2021 updates right.! Individuals may only purchase when they have offices in florida where biotech professionals pursue! And neuroscience of, larger pharmaceutical groups companies generally biggest biotech companies on creating and testing new drug compounds for and! In 2021, almost 40 times what it made a year before and commercialization of drugs in areas of unmet! Genetics and functional genomics to systematically identify genetic modifiers and turn these insights into medicines content biggest biotech companies.! 2022 alone industries from 50 countries and over 1 million to $ 4,000 revenue is projected at $ 3.7B.! Efficacy of promising new drugs or other treatments in preparation for an application to introduce them while the specializes. Statistic alerts ) please log in with your personal account studies of the top Cities for biotech, Levemir! World & # x27 ; s Mysteries stocks are biotech stocks right for developed the COVID-19... Industry for a few years now, and engineering to start, here 15... Is an economic sector comprising non-essential products and services and his Ph.D. from the additional features your... Right for biotechnology firms in the field, as the Johnson & amp emerging... Employees well laboratory supplies, chemicals, and public-funded laboratories, to mention few... Stocks right for 2020, it is not included in this article we are going to list 15... Operating out of Paris since 1973, sanofi is placed second on front...