This means investors often must wait months or even years before knowing whether a potential drug therapy is usable or profitable. It has established a total of 16 production facilities based across nine countries. 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. It wasestablished in 1980 to develop innovative drugs serving areas of unmet medical needand is the world leader in biopharmaceuticals. This list is limited to publicly traded companies in the U.S. or Canada, either directly or through ADRs. 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. Biotechnology has a wide range of career prospects! 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. It is a biotech company solely focused on developing vaccines to fight infectious diseases while championing access to life-saving vaccines worldwide. 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. It is an American firm established in 1886 and is known for producing consumer-packaged products, medicines, and medical equipment. As a result, it joined the Pharma 50 at No. 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 $1,000 per pill and have the cure rate of over 90%, Revlimid for the treatment of Multiple Myeloma and Anemia, Vidaza for the treatment of Myelodysplastic Syndrome (MDS), Avonex, Plegridy, Tecfidera, Tysabri,and Fampyra for treatment of Multiple Sclerosis, Gazyva for the treatment of Chronic Lymphocytic Leukemia. But you also have to make sure that it treats its employees well! To date, the company has discovered the first targeted antibody to treat cancer as well as the first drug to treat primary progressive multiple sclerosis. In 2020, Amgen was listed as one of the Just 100 companies by Forbes Magazine and Just Capital. Yet, the company is known as being one of the biggest biotech companies in the world! Chart. Established in 1987, in Foster City, California, Gilead Sciences, Inc. has strived to become USs one of the top biotech companies. It does not include biotechnology companies that are currently owned by, or form a part of, larger pharmaceutical groups. Guangzhou Baiyunshan Pharmaceutical Group. If youd like to see a graphical breakdown of the best biotech companies, we got you covered: Please include attribution to BiotechHealth.com with this graphic. Illumina, Inc. was founded in 1998 in San Diego, California. Reviews on Glass Door reveal that the company offers wonderful opportunities for graduates to learn about drugs and the more technical aspects of the job. The following is a list of independent pharmaceutical, biotechnology and medical companies listed on a stock exchange (as indicated) that have generated a revenue of at least US$ 10 billion, ranked by their revenue in the respective financial year. Serum Institute Of India. It manufactures and sells over 172 drugs in the U.S., including big names such as Tylenol and Sudafed. Johnson & Johnson The pharmaceutical and consumer goods giant is worth $428.7 billion in market cap. "2022 Ranking of Top 10 U.S. Biotech and Pharmaceutical Companies Based on Total Revenue (in Billion U.S. 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. It has been disrupting the pharmaceutical industry for a few years now, and this disruption will only seem to grow it seems. Biotechnology is the scientific study using living organisms to develop healthcare products and processes. As a Premium user you get access to background information and details about the release of this statistic. 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. Emma Walmsley, GlaxoSmithKline. Ultragenyx Pharmaceutical. 2022 ranking of top 10 U.S. biotech and pharmaceutical companies based on total revenue (in billion U.S. dollars) [Graph]. 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. San Diego is the largest region with a 2,5% market share in the biotech industry (1,711). 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. The company focuses on manufacturing and delivering therapies for the treatment of neurological, hematological, and autoimmune disorders. Working for the company will be life-changing because youll be finding new medical breakthroughs on a regular basis. In 2018, the Federal Drug Administration (FDA) approved the Aimovig drug which was developed by Amgen and Novartis. Founded in 1849, Pfizer has risen to being on the top of today's biotechnology industry. There are also many resources available for employees, such as mindfulness resources, resiliency training, mental health therapy sessions, and fitness apps. Download our FREE pdf guide and explore the exciting technological advancements that biotechnology is contributing. This is a leading French biopharmaceutical company that regularly makes the Top 10 pharmaceutical companies in the world list by various publications, such as Proclinical. Yet, the company is known as being one of the biggest biotech companies in the world! 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, along with GlaxoSmithKline (GSK), recently agreed to supply the UK with 60 million doses of the COVID-19 vaccine once its ready. Amgen Inc. Amgen Inc., previously known as Applied Molecular Genetics (AMGen), is an American multinational biotech company based in Thousand Oaks, California. Talks between the companies are . New Jersey also has a large number of biotech companies: 1,479. It became incorporated in 2010, making it one of the youngest biotech firms on the list. A biotech company is a company that uses live . Its also made Fast Companys Top 10 list of the most innovative biotech companies, as the Johnson & Johnson website reports. "2022 ranking of top 10 U.S. biotech and pharmaceutical companies based on total revenue (in billion U.S. Second is Phoenix with 532 biotech companies in The United States (2%). This makes it possible to treat illnesses in ways that couldnt be achieved before. Definition in Economic Indicators. The company has also developed a suite (VelociSuite) of patented technologies for genetic research, determining targets for therapeutic intervention and production of fully human monoclonal antibodies against tumor and viral antigens. 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. 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. Novozymes A/S is a biotechnology company. The company specializes in the manufacture of a number of pharmaceutical products such as diagnostic assays and the development of novel drugs. 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 offers that appear in this table are from partnerships from which Investopedia receives compensation. Accessed March 02, 2023. https://www.statista.com/statistics/257436/top-global-biotech-and-pharmaceutical-companies-based-on-revenue/, Financial Times. Its funded by Pfizer. 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. Based in San Rafael, California, BioMarin Pharmaceutical, Inc. was founded in 1997 and has facilities in Asia, Europe,and South America. The company is experiencing lots of growth. In 2016, the company had a net income of $7.72B. Based out of Fort Lauderdale, Dexcom is a leading biotech and pharmaceutical company specializing in glucose-monitoring technology used by diabetic patients. In the United States alone, hundreds of biotech companies have cropped up in the past decade. Hi, I'm Will. statistic alerts) please log in with your personal account. 53 LR] Roche reports good results in 2021", "Merck Announces Fourth-Quarter and Full-Year 2022 Financial Results", "Merck Announces Fourth-Quarter and Full-Year 2021 Financial Results", "Merck Announces Fourth-Quarter and Full-Year 2019 Financial Results", "Merck Announces Fourth-Quarter and Full-Year 2018 Financial Results", "Merck posts mixed fourth-quarter results as Keytruda sales skyrocket", "AbbVie Reports Full-Year and Fourth-Quarter 2022 Financial Results", "AbbVie Reports Full-Year and Fourth-Quarter 2021 Financial Results", "AbbVie Reports Full-Year and Fourth-Quarter 2019 Financial Results", "AbbVie Reports Full-Year and Fourth-Quarter 2018 Financial Results - AbbVie News Center", "Fourth quarter and full year 2019 results - Sanofi", "Bristol Myers Squibb Reports Fourth Quarter and Full-Year Financial Results for 2021", https://www.biospace.com/article/releases/bristol-myers-squibb-reports-fourth-quarter-and-full-year-financial-results-for-2019/?s=79, "Bristol-Myers Squibb Reports Fourth Quarter and Full Year Financial Results - BMS Newsroom", "Bristol-Myers Squibb Reports Fourth Quarter and Full Year Financial Results", "Bristol-Myers Squibb Reports Fourth Quarter and Full Year 2016 Financial Results - BMS Newsroom", "Bristol-Myers Squibb Reports Fourth Quarter and Full Year 2015 Financial Results - BMS Newsroom", "Bristol-Myers Squibb Reports Fourth Quarter and Full Year 2014 Financial Results - BMS Newsroom", "Bristol-Myers Squibb Reports Fourth Quarter and Full Year 2013 Financial Results - BMS Newsroom", "AstraZeneca PLC fourth quarter and full year results 2014", "AstraZeneca PLC fourth quarter and full year results 2013 - AstraZeneca", "Abbott reports fourth-quarter and full-year 2022 results", "Abbott Reports Strong Fourth-Quarter 2021 Results; Issues 2022 Forecast", "Abbott Reports Fourth-Quarter 2019 Results; Announces Strong Forecast for 2020", "Abbott Reports 2018 Results and Issues Strong Forecast for 2019", "Abbott Reports Fourth-Quarter 2017 Results", "Abbott Reports Fourth-Quarter 2016 Results", "Abbott Reports Fourth-Quarter 2015 Results", "Abbott Reports Fourth-Quarter 2014 Results", "Abbott Reports Fourth-Quarter and Full-Year 2013 Results", "Income statement: Year ended 31 December 2021", "GSK delivers sales, earnings and cash flow growth in 2018 - GSK", "Takeda Accelerates Transformation: Solid FY2019 Results, Confidence in FY2020 Growth Momentum", "Takeda Reports FY2018 Full Year Results and Issues FY2019 Guidance", "Takeda reports FY2017 full year results and issues FY2018 guidance", "Takeda Pharmaceutical Company Limited and its Subsidiaries Consolidated Financial Statements Under IFRSs and Independent Auditor's Report", "Lilly Reports Fourth-Quarter 2022 Financial Results", "Lilly Reports Strong Fourth-Quarter and Full-Year 2019 Financial Results, Updates 2020 Guidance for Pending Dermira Acquisition", "Lilly Reports Strong Fourth-Quarter and Full-Year 2018 Financial Results, Lowers 2019 EPS Guidance to Reflect the Pending Acquisition of Loxo Oncology", "Lilly Reports Fourth-Quarter and Full-Year 2016 Results (NYSE:LLY)", "Gilead Sciences Announces Fourth Quarter and Full Year 2022 Financial Results", "Gilead Sciences Announces Fourth Quarter and Full Year 2020 Financial Results", "Gilead Sciences Announces Fourth Quarter and Full Year 2019 Financial Results", "Gilead Sciences Announces Fourth Quarter and Full Year 2018 Financial Results", "Amgen Reports Fourth Quarter and Full Year 2022 Financial Results", Amgen Reports Fourth Quarter and Full Year 2021: Financial Results, "Amgen Reports Fourth Quarter and Full Year 2019 Financial Results", "Amgen Reports Fourth Quarter And Full Year 2017 Financial Results", "Novo Nordisk Financial report for the period 1 January 2022 to 31 December 2022", "Novo Nordisk's (NVO) CEO Lars Rebien Sorensen on Q4 2015 Results - Earnings Call Transcript", "Novo Nordisk's (NVO) CEO Lars Sorensen on Q4 2014 Results - Earnings Call Transcript", "Novo Nordisk A/S Management Discusses Q4 2013 Results - Earnings Call Transcript", "Boehringer Ingelheim Summary Report 2021", https://www.boehringer-ingelheim.com/corporate-profile/our-company/financial-highlights, "Boehringer Ingelheim total revenue 2007-2017 - Statistic", "Q4/FY Results of 2018 - News - Merck KGaA, Darmstadt, Germany", "Siemens Healthineers Annual Report 2022", Combined Financial Statements for the fiscal years ended September 30, 2017, 2016 and 2015, "BioNTech Announces Fourth Quarter and Full Year 2021 Financial Results and Corporate Update", "BioNTech Announces Full Year 2020 Financial Results and Corporate Update", "Moderna Reports Fourth Quarter and Fiscal Year 2022 Financial Results", "GE HealthCare Reports Fourth Quarter and Full Year 2022 Financial Results", "GE fourth quarter & full year 2021 performance: Financial results & company highlights", "General Electric Healthcare segment revenue 2008-2020", "Viatris Reports Strong Fourth Quarter and Full Year 2022 Financial Results and Provides 2023 Financial Guidance", "Viatris Reports Strong Fourth Quarter and Full-Year 2021 Financial Results", "Baxter Reports Fourth-Quarter and Full-Year 2022 Results", "Baxter Reports Fourth-Quarter and Full-Year 2021 Results", "Teva Reports Fourth Quarter and Full Year 2022 Financial Results", "Teva Reports Fourth Quarter and Full Year 2021 Financial Results", "Teva Reports Fourth Quarter and Full Year 2019 Financial Results", "Teva Reports 2017 Full Year and Fourth Quarter Financial Results", "Teva Reports Full Year and Fourth Quarter 2016 Financial Results", "Teva Reports Full Year 2015 and Fourth Quarter Financial Results", "Teva Reports Fourth Quarter and Full Year 2014 Results", "Teva Reports Fourth Quarter and Full Year 2013 Results", "Consolidated Financial Results for the Fiscal Year Ended December 31, 2022", "Regeneron Reports Fourth Quarter and Full Year 2022 Financial and Operating Results", Regeneron Reports Fourth Quarter and Full Year 2021 Financial and Operating Results, "Biogen Reports Fourth Quarter and Full Year 2022 Results", "Biogen Q4 & Full Year 2019: Financial Results and Business Update", "Biogen Q4 & Full Year 2018: Financial Results and Business Update", "Biogen's Spinraza: Great Launch, Rough Ride", "Financial Results of Astellas for Fiscal Year 2021", For the Year Ended March 31, 2021 Annual Report 2021, "Astellas Pharma Inc. 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