Here are 15 biotech companies in Cambridge you should know about. Hi, I'm Will. 23. 10 Biggest Renewable Energy Companies in the World. $7.8B, increasing up to 15 percent year-on-year. Florida is slowly emerging as one of the top life sciences hubs, especially in biotechnology. Chances are when you think of biotech companies, Johnson & Johnson doesnt really come to mind. You need at least a Starter Account to use this feature. Almost $23 billion is achieved in annual revenue by the company, which employs around 19,000 people globally. 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. Companies that break ground in these areas may profit handsomely. They also have an office in Dublin, Ireland. Biotechnology is on the front line of medical research and technology. 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. Consumer discretionary is an economic sector comprising non-essential products and services that individuals may only purchase when they have excess cash. Founded in 1977, BioMarin is headquartered in San Rafael, CA. Sanofi S.A. is a French multinational pharmaceutical company headquartered in Paris, France, as of 2013 the world's fifth-largest by prescription sales. Some foreign companies may report semiannually and may have longer lag times. 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). Amgen Inc., previously known as Applied Molecular Genetics (AMGen), is an American multinational biotech company based in Thousand Oaks, California. Second is Herning with 94 Biotech companies in Denmark (15%). Novavax is headquartered in Gaithersburg, MD, and was founded in 1987. 734 Stocks. Read more. 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. Genesis Biotechnology Group comprises a number of corporate entities that are vertically integrated to form GBC. 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. Irish biopharmaceutical company Jazz Pharmaceuticals creates and commercializes drug products designed to address issues related to narcolepsy, psychiatry, pain management, and oncology. Learn more about how Statista can support your business. 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. to incorporate the statistic into your presentation at any time. The ideal entry-level account for individual users. Home. Johnson & Johnson was founded back in 1886. The total number of Biotech Companies USA is 52,060. The strength of the industry is based on the presence of established companies and start-ups. A drug is a substance used to prevent or cure a disease or ailment or to alleviate its symptoms. 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. While the company is headquartered in California, it has offices in Florida where biotech professionals can pursue their career goals. Their estimated revenue is projected at $3.7B annually. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. 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. 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. Vir Biotechnology was founded in 2017 and is headquartered in San Francisco, CA. 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. Regeneron has achieved many FDA-approved medicines to date. Johnson & Johnson is the largest biotech company in the world. Located in California, Aduro is a clinical-stage biopharmaceutical company. Established in 1996, Serum Institute of India is the top biotechnology company of India with a corporate office in Pune, India. Roche is currently one of the biggest biotech producers in the world with 14 biopharmaceutical products. Top Biotech Companies in San Diego The average salary at the company ranges from $65,000-$130,000 per year. R&D Spend: USD 13.829 billion. Despite a market correction underway, a flurry of layoffs and a drop in funding and M&A across the board, there's still plenty going on in the biotech hubs around the U.S. Own Biogen stock and enjoy its long-term rewards! Working at this biotech company will surely fill you with excitement because its involved in such important medical research. Learn how to invest in biotech companies. By making use of genetically modified immune cells that will be programmed to find and target tumors in the body. Johnson & Johnson The largest biotech company in the world is Johnson & Johnson, founded in 1885 as a provider of ready-to-use surgical dressings. These include candidates that make use of Aduros STING Pathway Activators and B-select monoclonal antibody technologies that stimulate or regulate immune responses in the body. OriBiotech has secured five equity fundraisings so far, worth 104m in investment, from Amadeus Capital Partners, Kindred Capital VC, Octopus Ventures, Chimera Investment, Northpond Ventures, and Novalis LifeSciences, among others. 1. The company was started in 1986, and since then it is running to discover and develop medicines for cancer and inflammatory disorders. A study by Great Place To Work found that 88 percent of current employees at Regeneron Pharmaceuticals have said its a wonderful company to work for. What are some common types of job sectors in biotechnology. (The new value was 30% less . With headquarters in Thousand Oaks, CA, Amgen is one of the biggest biotechnology firms in the state. Based on revenues latest available as of 2022, Johnson & Johnson was the second ranked pharmaceutical company in the United States. The following is a list of independent pharmaceutical, biotechnology and medical companies listed on a stock exchange (as indicated) that have generated a revenue of at least US$ 10 billion, ranked by their revenue in the respective financial year. Johnson & Johnson was founded back in 1886. But you also have to make sure that it treats its employees well! Download our FREE pdf guide and explore the exciting technological advancements that biotechnology is contributing. 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. Amgen Inc. Amgen Inc., previously known as Applied Molecular Genetics (AMGen), is an American multinational biotech company based in Thousand Oaks, California. Click Manage settings for more information and to manage your choices. BELLUS Health 2. It does not include biotechnology companies that are currently owned by, or form a part of, larger pharmaceutical groups. As of January 2023, Amgen's current market capitalization is an amazing $144.98 billion. Top 11 Biotech Companies To Consider When Job Hunting Johnson & Johnson Chances are when you think of biotech companies, Johnson & Johnson doesn't really come to mind. Their estimated revenue is projected at $3.7B annually. The company has a workforce of over 10,000 employees across different locations. Red cells indicate those years where there has been a decrease. If youre interested in working in biotechnology, youll love that it comes with many benefits. Agilent Technologies was established in 1999 as a public research, development,and manufacturing company. Novartis is considered to be one of the best biotech companies. 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. These are a few biotech companies to watch closely in 2023: 1. The company aims to conduct one of the largest gene sequencing operations worldwide through its Regeneron Genetics Center. In 2020, it partnered with Pfizer to develop the first COVID-19 vaccine. The company strives for solutions that improve . As the pharma landscape continues to evolve, well continue to annually collect data on annual revenue,R&D spend, employee numbers, leadership and more. 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. The offers that appear in this table are from partnerships from which Investopedia receives compensation. It also works to speed up technology-based economic development via commercialization, innovation, business growth, and education. Currently, you are using a shared account. It is the first FDA-approved monoclonal antibody treatment. We, Yahoo, are part of the Yahoo family of brands. 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. April 1, 2020 Updated: February 6, 2023. . . In 2018, the Federal Drug Administration (FDA) approved the Aimovig drug which was developed by Amgen and Novartis. Beckman Coulter Inc. specializes in creating products that simplify biomedical testing. statistic alerts) please log in with your personal account. 1. 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. Headquartered in Santa Clara, California, the company provides laboratory supplies and instruments, services, software, and consumables. Revenues are global totals. The company is experiencing lots of growth. The companies that form GBC are in the fields of biochemistry, nano & biophysics, molecular biology, genome research, and computer science. Cambridge has a large biotech scene that is starting to rival that of its U.S. namesake. Celgene Corporations net income in 2016 was $2B. Benefits offered include paid holidays, paid time off, health insurance, and retirement savings plans. "2022 ranking of top 10 U.S. biotech and pharmaceutical companies based on total revenue (in billion U.S. Amgen. ", 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. You can learn more about the standards we follow in producing accurate, unbiased content in our. 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. Size: 501-1,000 employees. The companys revenue is $50 to $100 million (USD) per year. An investor can mitigate that risk by investing in mutual funds or ETFs, in order todiversify their biotech holdings. IQVIA is a biotech company founded in 1954 that has a presence in a number of countries and states. Market capitalization = $43.3 B (October 2018). Born and raised in the UK, Will went into medicine late (31) after a career in journalism. Finance Biotech ETFs Biotech stocks can rise or. We also reference original research from other reputable publishers where appropriate. Medtronic is an Irish-American biotech company that is headquartered in Dublin, Ireland but has several locations across the US including Florida. As the pharma landscape continues to evolve, well continue to annually collect data on annual revenue. Pfizer, along with BioNTech, developed the Comirnaty COVID-19 vaccine. Guangzhou Baiyunshan Pharmaceutical Group. Biotechnologyuses living organismsto develop cutting-edge medical treatments and drugs to treat diseases and ease human suffering. 2021 position: 1. The Largest Biotech Companies in the World 1. Filter results . Financial Times. Other employees have reported that the company is exciting to work for, such as because its filled with smart people and interesting technology. In 2017, this biotechnology company had a net income of $2.539 B. Vertex Pharmaceuticals, Inc. was founded in 1989 in Boston, Massachusetts as a biopharmaceutical company. A report by NBC News found that people in biotechnology jobs are the happiest in America! The mRNA technology behind the Pfizer/BioNTech and Moderna vaccines. Medtronic is likely to hire people with technical expertise in the following areas: They have offices in Jacksonville, Melbourne, and Deerfield Beach in Florida. Vertex is one of the first biotech enterprises to follow a rational drug design strategy. All values are total revenues and can include non-pharma/biotech revenues, if a company has a diversified business (e.g., Johnson & Johnson). Johnson & Johnson The pharmaceutical and consumer goods giant is worth $428.7 billion in market cap. Among the largest companies in the industry are pharmaceutical companies like Novo Nordisk and Moderna. Zimmers annual revenue is projected to be approx. Find out more about how we use your information in our privacy policy and cookie policy. This comes mainly as a result of the companys innovative Alzheimers drug. Pfizer. Biotech Companies Denmark by region. Sinovacs 2021 revenue was $19.4 billion 38 times higher than 2020 winning it a No. Kalvista Pharmaceuticals, Inc has 51-200 employees. We've also included 2015 market cap data for each company, based on mid-day trading on October 28, 2015. Source: Wikimedia. The company makes several drugs under various brand names,including Levemir, NovoLog, Novolin R, NovoSeven, NovoEight, and Victoza. A list of the biggest publicly traded biotechnology companies, ranked by market cap. 9 min read In this article we are going to list the 15 largest. Green cells indicate years where revenue increased compared to the preceding year. 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. 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. As of May 18, 2016, these are the ten biggest. 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. In 2020, Amgen was listed as one of the Just 100 companies by Forbes Magazine and Just Capital. This research has led to several breakthroughs in oncology, microbiology, reproductive health, and more. BioNTech is headquartered in Mainz, Germany. Novartis is a company located in Switzerland. A biotechnology industry exchange-traded fund (ETF) invests in companies that combine biology and technology to develop innovative products and services. The offers that appear in this table are from partnerships from which Investopedia receives compensation. While the company is headquartered in California, it has offices in Florida where biotech professionals can pursue their career goals. 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. DNA sequencer their technology has helped reduce the cost of human genome sequencing from $1 million to $4,000. The company's primary focus area is diabetes. It has also been awarded an Innovate UK grant worth 347k. VAT Contains the 100 top-selling pharmaceutical companies from Switzerland from numerous segments such as immunotherapeutics, gynecology, biopharmaceuticals, oncology, OTC drugs, generics, urology, tumor therapy, antibiotics, etc. Biogen also recently made it onto the Forbes list of Just Companies in 2020. The advice given to investors? Please create an employee account to be able to mark statistics as favorites. To start, here are the top five biggest pharmaceutical companies in the world at the moment by market capitalization: 1. ARCH Venture Partners. Its committed to developing education to prepare future employees for jobs in biotech while giving assistance to companies making a difference in the industry. They use the advances in human genetics and functional genomics to systematically identify genetic modifiers and turn these insights into medicines. The company is involved in creating medical solutions (products and technology) that address a wide variety of healthcare problems, employing over 90,000 people company-wide. 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. EYLEA injection for the treatment of neovascular age-related macular degeneration. When it comes to its pharmaceutical area, Johnson & Johnson concentrates on infectious disease, oncology, immunology, and neuroscience. It currently provides products to 155 countries and is focused on diversity. Founded in 1849, Pfizer has risen to being on the top of today's biotechnology industry. This is done by inserting small sensors into the patients body. Axsome Therapeutics Axsome's lead drug candidate, which it calls AXS-05, targets depression, Alzheimer's disease-related. Regeneron is also fighting hard against COVID-19, and has discovered two antibodies that have the potential to fight the virus. Between the time that article appeared to March 7, the largest ETFthe iShares Nasdaq Biotechnology ETF (IBB)fell from $131.80 to $120.62. The company is also said to be a collaborative one with a patient-centered work culture. Like some other biotech companies, Sanofis playing an important role during the COVID-19 pandemic. 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. BioMarin is associated with developing and commercializing innovative biopharmaceuticals for rare diseases driven by genetic causes. As a Premium user you get access to the detailed source references and background information about this statistic. Its main business concentrates on pharmaceuticals, generic medication, and eye care. It has been disrupting the pharmaceutical industry for a few years now, and this disruption will only seem to grow it seems. This will completely change and improve the way in which cancer is treated. The company has exciting innovations in the pipeline, such as when it comes to using immunotherapy to treat eye diseases and cancer. 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. 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. 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. 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. By clicking Accept all you agree that Yahoo and our partners will process your personal information, and use technologies such as cookies, to display personalised ads and content, for ad and content measurement, audience insights, and product development. Focusing primarily on small molecule drugs for use in oncology, Incyte is a biopharmaceutical company responsible for discovering, developing, and marketing drug therapies. When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. 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. In 2020s first quarter, its revenue was $1.8 billion, which is a 33 percent growth from the previous year. 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. Ballast Point Ventures, and River Cities Capital Funds. Today's biotechnology industry includes companies that make medical devices and diagnostics, biofuels, biomaterials, pollution controls, and more. 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. It was established in 1980 to develop innovative drugs serving areas of unmet medical need and is the world leader in biopharmaceuticals. 1. Band-Aids, Tylenol, and Johnson's Baby Powder are some examples of the consumer brands that are the most well-known. It makes use of membrane disruption to deliver healing materials into cells of the body. Its funded by Pfizer. The company culture is geared towards collaboration and professional development. The biotech sciences include genetics,genetic engineering, gene therapy, applied immunology,and bioengineering. The big winner in Wednesday's premarket session was Reata Pharmaceuticals, whose shares jumped 175%. He is a CFA charterholder as well as holding FINRA Series 7, 55 & 63 licenses. The companys operation is based on four core values: listening, integrity, reliability, and innovation. They have offices in three of the top cities for biotech, including Chicago, Seattle, and San Francisco. In the United States alone, hundreds of biotech companies have cropped up in the past decade. Total Companies 734. Use Ask Statista Research Service. Below is a list of top 10 biotech companies in theUSA based on their ranking and market capitalization. Beckman Coulter Inc. was established in 1935 and is one of the most prominent biotech companies in the US with over 11,000 global associates. 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 You need a Statista Account for unlimited access. Employees of the company have mentioned that theres a collaborative work style in place and a focus on encouraging each other, as Glass Door reports. 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. Here are top 10 companies dominating the biotechnology market. In, Financial Times. Ariel Courage is an experienced editor, researcher, and former fact-checker. You can find out more about job opportunities at Medtronic by visiting their Careers Page. Biopharmaceutical company Regeneron develops and markets drug treatments for patients with eye disease, cancer, cardiovascular diseases, allergic and inflammatory issues, and infectious diseases. Based out of Fort Lauderdale, Dexcom is a leading biotech and pharmaceutical company specializing in glucose-monitoring technology used by diabetic patients. Why Pfizer, Moderna, and Oxford-AstraZeneca top our 2021 list. A list of the biggest publicly traded biotechnology companies, ranked by market cap. This compensation may impact how and where listings appear. Other biotech companies provide services in genomics and proteomics, manufacture laboratory supplies, chemicals,and instruments. And now, after having read about the top biotechnology companies in our guide, youll have a head start with job hunting. 21 spot. The Country's Biggest Biotechs. Are you interested in testing our business solutions? Heres a rundown of some youll probably encounter. What Is a Drug? This statistic is not included in your account. 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. This compensation may impact how and where listings appear. Besides his extensive derivative trading expertise, Adam is an expert in economics and behavioral finance. The biotech company got great news from the FDA on an important . Despite the many challenges facing biotechnology companies, several enterprises have risen to the top of the list. dollars)." It focuses on treating infectious diseases using newly-developed technologies to identify weaknesses in pathogens and exploit them. Speaking of global leaders, Illumina is one of the top biotech companies in San Diego because it focuses its research on genetic sequencing solutions. Another successful COVID-19 vaccine creator, Moderna, brought in nearly $18.5 billion 23 times its 2020 revenues enabling it to join the list at No. From 50 countries and is one of the Just 100 companies by Forbes Magazine and Capital... The top of today & # x27 ; s current market capitalization: 1 not biotechnology... Such as when it comes to using immunotherapy to treat illnesses in ways that couldnt be achieved before role! Work for, such as because its involved in such important medical research offered include paid holidays, time..., business growth, and education sinovacs 2021 revenue was $ 19.4 billion 38 higher... Its symptoms works to speed up technology-based economic development via commercialization, innovation, growth... 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