The company specializes in the manufacture of a number of pharmaceutical products such as diagnostic assays and the development of novel drugs. Novo Nordisk produces insulin andthe company began as the union of two smaller comapnies in Denmark. The largest biotech companies by market capitalization currently listed on U.S. stock exchanges as of Jan. 11, 2021, are: Biotech stocks can rise or fall, based on a host of company-specific factors, such as research announcementsandFood and Drug Administration (FDA) clinical trial results. The U.K. is home to several biotech hubs, including the golden triangle of London, Oxford and Cambridge, as well as Bristol and Stevenage. It, along with GlaxoSmithKline (GSK), recently agreed to supply the UK with 60 million doses of the COVID-19 vaccine once its ready. NVO, MRNA, and BNTX lead the 10 biggest biotech companies list. Veru is traded on the NASDAQ and is welcome to investors (they provide key investment information here). Get full access to all features within our Business Solutions. Ballast Point Ventures, and River Cities Capital Funds. It currently provides products to 155 countries and is focused on diversity. The company makes several drugs under various brand names,including Levemir, NovoLog, Novolin R, NovoSeven, NovoEight, and Victoza. . Amgen earned revenue of $26.33 billion in 2022 alone. The company has a workforce of over 10,000 employees across different locations. Reverie's primary goal is to develop kinase inhibitors that address the unmet needs of patients. Biggest Biotech Stocks. Second is Herning with 94 Biotech companies in Denmark (15%). It has been disrupting the pharmaceutical industry for a few years now, and this disruption will only seem to grow it seems. Johnson & Johnson The pharmaceutical and consumer goods giant is worth $428.7 billion in market cap. 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. According to Forbes magazine, Amgen is the worlds largest biotech company of 2018. 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. ARCH Venture Partners. AP Photo/Paul Sakuma . Companies that break ground in these areas may profit handsomely. 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. Some foreign companies may report semiannually and may have longer lag times. Florida biotech sites include Jacksonville, Orlando, Miami, and Tampa. Hospital volunteering opportunities near you. 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: The company, which has headquarters in Michigan, has developed whats known as SQZ Cell Therapy Platform. Youll be surrounded by people who are just as passionate and inspired about making a difference as you are. Today, this company is a multinational pharmaceutical, medical devices, and first aid supplies manufacturer. Learn more about how Statista can support your business. 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 . 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. 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. BELLUS Health 2. It was founded in 1988 with a focus on inventing and manufacturing medicines in areas of high unmet medical need. Called aducanumab, this investigational drug is the first potential disease-modifying therapy to be used to treat Alzheimers disease. Amgen. Illumina also sells DNA sequencers. Amgen Inc., previously known as Applied Molecular Genetics (AMGen), is an American multinational biotech company based in Thousand Oaks, California. Sanofi's subsidiary, Sanofi Pasteur, is the world's largest company focused entirely on vaccine production. Serum Institute Of India. Business Solutions including all features. Yet, the company is known as being one of the biggest biotech companies in the world! 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? BioTech companies can analyze the . We've also included 2015 market cap data for each company, based on mid-day trading on October 28, 2015. It manufactures and sells over 172 drugs in the U.S., including big names such as Tylenol and Sudafed. That was an 8.5% drop. ARCH Venture Partners has made it their business to back disruptive science by investing anywhere from $50,000 to $150 million per company. Gilead is a biopharmaceutical company that researches, develops and commercializes innovative medicines focusing primarily on antiviral drugs used in the treatment of HIV/AIDS, liver diseases (hepatitis B & hepatitis C), cancer, inflammatory and respiratory diseases, and cardiovascular conditions. Date released is the date figures were accessed. The following table lists the largest biotechnology and pharmaceutical companies ranked by market capitalization in billion USD dollars. It is the first FDA-approved monoclonal antibody treatment. Focused on the biotechnology and pharmaceutical industries, Regeneron is led by physician scientists who have a passion for using science to improve human health. Cambridge has a large biotech scene that is starting to rival that of its U.S. namesake. Theratechnologies 3. Source: Wikimedia. The company develops medicines based on messenger ribonucleic acids (mRNA), a single-strand molecule that makes life-sustaining proteins. The following is a list of independent pharmaceutical, biotechnology and medical companies listed on a stock exchange (as indicated) that have generated a revenue of at least US$ 10 billion, ranked by their revenue in the respective financial year. Find out more about how we use your information in our privacy policy and cookie policy. 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. Hes into football (soccer), learned Spanish after 5 years in Spain, and has had his work published all over the web. 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. Roche is currently one of the biggest biotech producers in the world with 14 biopharmaceutical products. "2022 Ranking of Top 10 U.S. Biotech and Pharmaceutical Companies Based on Total Revenue (in Billion U.S. Projected revenue is over $1B annually. The companies that form GBC are in the fields of biochemistry, nano & biophysics, molecular biology, genome research, and computer science. 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. The total number of Biotech Companies USA is 52,060. You need a Statista Account for unlimited access. 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. And now, after having read about the top biotechnology companies in our guide, youll have a head start with job hunting. Medicenna Therapeutics Corp. Talks between the companies are . R&D Spend: USD 13.829 billion. The first company in our list of biggest biotech companies in the world to cross a market cap of $200 billion is Merck & Co., with a market cap of $232.9 billion in 2019. In 2019, it was on LinkedIn Top Company, a list which features the U.S. companies where most people want to work. 1. Vir Biotechnology was founded in 2017 and is headquartered in San Francisco, CA. Some of these companies provide biopharmaceutical research to advance innovation, development,and commercialization of drugs in areas of high unmet medical need. The offers that appear in this table are from partnerships from which Investopedia receives compensation. 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. Use Ask Statista Research Service. To start, here are the top five biggest pharmaceutical companies in the world at the moment by market capitalization: 1. Johnson & Johnson was founded back in 1886. It became incorporated in 2010, making it one of the youngest biotech firms on the list. Investopedia requires writers to use primary sources to support their work. Size: 501-1,000 employees. Definition in Economic Indicators. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022, Research expert covering health, pharma & medtech, Profit from additional features with an Employee Account. Click Manage settings for more information and to manage your choices. Biotech Pharmaceutical Cambridge, MA 25 Total Employees 39 Benefits Reverie Labs is a pharmaceutical company that uses its innovative computational chemistry and machine learning tools to accelerate its drug discovery programs. This makes it possible to treat illnesses in ways that couldnt be achieved before. The advice given to investors? On top of that, its likely that people will need annual COVID-19 vaccines. Read about types of businesses, how to start a business, and how to get a business loan. List of largest biomedical companies by revenue. 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. It is one of the largest biotechnology companies to develop integrated systems for analysis of genetic variation and biological function through sequencing and array-based techniques. SQZ Biotechnologies Company is focused on developing cell therapies to treat a variety of diseases. So here is the List of. A biotechnology industry exchange-traded fund (ETF) invests in companies that combine biology and technology to develop innovative products and services. But you also have to make sure that it treats its employees well! Biotech Employers in California | Biotech Careers Biotech Employers in California Displaying 50 of 2296 employer locations View the biotech employers in California as a map View biotechnology education in California Community College Hire Reset Yes Career Information Reset Yes Internship Information Reset Yes Filter By Employer Name Here are top 10 companies dominating the biotechnology market. Moderna is headquartered in Cambridge, MA. Rx Sales: USD 72.043 billion. 2021 position: 1. It is an American firm established in 1886 and is known for producing consumer-packaged products, medicines, and medical equipment. 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. The company was started in 1986, and since then it is running to discover and develop medicines for cancer and inflammatory disorders. Johnson & Johnson generated over 95 billion U.S . Below, we look at the 10 biggest as measured by 12-month trailing (TTM) revenue. It has also been awarded an Innovate UK grant worth 347k. Florida also boasts world-class institutions that drive its industry, ranking highly as some of the best producers of STEM graduates in the US. Biotechnology is the scientific study using living organisms to develop healthcare products and processes. Statista. Pharma 50: The 50 largest pharmaceutical companies in the world Narrow Your Results Filter By Our editorial team gathered the most recent data on annual revenue, R&D spend, employee numbers, leadership and more. 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. Their testing laboratory is one of the biggest in the country, and their services help researchers find solutions to immune systems and drug development issues. The biotech company got great news from the FDA on an important . A report by NBC News found that people in biotechnology jobs are the happiest in America! It is a biotech company solely focused on developing vaccines to fight infectious diseases while championing access to life-saving vaccines worldwide. (October 14, 2022). 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. You can find out more about job opportunities at Medtronic by visiting their Careers Page. All rights reserved By BioTechHealth. Working at this biotech company will surely fill you with excitement because its involved in such important medical research. While the company is headquartered in California, it has offices in Florida where biotech professionals can pursue their career goals. Beckman Coulter Inc. specializes in creating products that simplify biomedical testing. Written by Sunny Betz. The strength of the industry is based on the presence of established companies and start-ups. 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). Dollars). Meanwhile, BioNTech brought in nearly 19.0 billion in revenue in 2021, almost 40 times what it made a year before. The company focuses on manufacturing and delivering therapies for the treatment of neurological, hematological, and autoimmune disorders. 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. 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. Alexion was founded in 1992 and is based in Boston, Massachusetts. Benefits offered include paid holidays, paid time off, health insurance, and retirement savings plans. Then you can access your favorite statistics via the star in the header. The average salary at the company ranges from $65,000-$130,000 per year. Yet, the company is known as being one of the biggest biotech companies in the world! On top of that, its likely that people will need annual COVID-19 vaccines.

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