, employee numbers, leadership and more. 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. The companys net income in 2017 was $4.628 B. Headquartered in Summit, New Jersey, Celgene Corporation is a competing company in the American biotechnology and biopharmaceutical sector. It wasestablished in 1980 to develop innovative drugs serving areas of unmet medical needand is the world leader in biopharmaceuticals. 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. On this Wikipedia the language links are at the top of the page across from the article title. AP Photo/Paul Sakuma . 1. What are some of the most in-demand biotech jobs? The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). Amgen has a profitable drug portfolio, with highlights including Enbrel (which treats rheumatoid arthritis) and Neulasta, which prevents chemotherapy-related infections. Biotechnology is on the front line of medical research and technology. 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. In 2019, it was on LinkedIn Top Company, a list which features the U.S. companies where most people want to work. While the company is headquartered in California, it has offices in Florida where biotech professionals can pursue their career goals. Called aducanumab, this investigational drug is the first potential disease-modifying therapy to be used to treat Alzheimers disease. The company, which has headquarters in Michigan, has developed whats known as SQZ Cell Therapy Platform. That was an 8.5% drop. Novozymes A/S is a biotechnology company. Medtronic is likely to hire people with technical expertise in the following areas: They have offices in Jacksonville, Melbourne, and Deerfield Beach in Florida. It was first established in 1978 in Geneva, Switzerland, but moved to the United States in 2003, after merging with California-based IDEC Pharmaceuticals. Medtronics net income is projected to be $3.6B annually. One area that sets Illumina apart from other biotech companies in San Diego is its focus . Second is Phoenix with 532 biotech companies in The United States (2%). They have two research facilities one in California, the USA and the other in Oxford, England. As a result, it joined the Pharma 50 at No. Size: 501-1,000 employees. Learn how to invest in biotech companies. Born and raised in the UK, Will went into medicine late (31) after a career in journalism. When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. 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. All values are total revenues and can include non-pharma/biotech revenues, if a company has a diversified business (e.g., Johnson & Johnson). The big winner in Wednesday's premarket session was Reata Pharmaceuticals, whose shares jumped 175%. Sinovacs 2021 revenue was $19.4 billion 38 times higher than 2020 winning it a No. Amgen. 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. Sanofi. 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. All Rights Reserved. Below, we look at the 10 biggest as measured by 12-month trailing (TTM) revenue. ", 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. As Business Insider reports, these perks sometimes include unlimited vacations, free yoga classes, and sabbaticals! You only have access to basic statistics. 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. Healthcare Sector: Industries Defined and Key Statistics, Fundamental Analysis: Principles, Types, and How to Use It, What Is a Business? 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. Medtronic is an Irish-American biotech company that is headquartered in Dublin, Ireland but has several locations across the US including Florida. Copenhagen is the largest province with an 65% market share in the Danish Biotech industry (418 Biotech companies). 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. Biogen Inc., formerly known as Biogen Idec, is based in Cambridge, Massachusetts. Despite the many challenges facing biotechnology companies, several enterprises have risen to the top of the list. Investopedia requires writers to use primary sources to support their work. Based on revenues latest available as of 2022, Johnson & Johnson was the second ranked pharmaceutical company in the United States. 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. 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. This can be difficult, because you might not know which companies are worth working for. 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. Below is a list of top 10 biotech companies in theUSA based on their ranking and market capitalization. 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 Total Companies 734. Please join us in recognizing the accomplishments of The Top 25 Biotech CEOs of 2022. Sanofi S.A. is a French multinational pharmaceutical company headquartered in Paris, France, as of 2013 the world's fifth-largest by prescription sales. 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. Employees at Dexcom enjoy among other benefits: The Careers Page here provides more info. "2022 Ranking of Top 10 U.S. Biotech and Pharmaceutical Companies Based on Total Revenue (in Billion U.S. And now, after having read about the top biotechnology companies in our guide, youll have a head start with job hunting. The source gives no information if data is based on financial year, calendar year, or moving annual total, nor about used exchange rates. Sanofi is also one of the three companies that provides insulin to patients with diabetes. Between the time that article appeared to March 7, the largest ETFthe iShares Nasdaq Biotechnology ETF (IBB)fell from $131.80 to $120.62. Amgen made nearly 26 billion U.S. dollars of revenue in 2021, and 5.9 billion U.S. dollars of net . EYLEA injection for the treatment of neovascular age-related macular degeneration. It was founded in Denmark in 1921 and later moved to different continents and countries, including India. This comes mainly as a result of the companys innovative Alzheimers drug. These include environmental control, food processing, drug and pharmaceutical research, bio-processing industries, and public-funded laboratories, to mention a few. 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. The company culture is geared towards collaboration and professional development. These sensors measure the glucose level and transmit the results to a mobile device in real-time. San Diego is the largest region with a 2,5% market share in the biotech industry (1,711). Glass Door reviews of people whove worked at N.C. Biotechnology Center have reported that they like how the company offers them a healthy work/life balance, and have stated that the workplace is filled with people who are committed to making a difference. This research has led to several breakthroughs in oncology, microbiology, reproductive health, and more. Gedea Biotech Founded: 2015 Location: Lund, Sweden Gedea Biotech is developing an antibiotic-free treatment for bacterial vaginosis, a common vaginal infection. Definition in Pharmeceuticals and How They Work, Incidence Rate: Definition, Calculation, and Examples, Healthcare Sector: Industries Defined and Key Statistics, Infectious and rare diseases, cancer, cardiovascular disease. They recruit primarily in Tampa, FL, in positions such as Cytotechnologist, lab accessioner, certified medical technologist, and preventative maintenance technician. Why Pfizer, Moderna, and Oxford-AstraZeneca top our 2021 list. It manufactures and sells over 172 drugs in the U.S., including big names such as Tylenol and Sudafed. Band-Aids, Tylenol, and Johnson's Baby Powder are some examples of the consumer brands that are the most well-known. Written by Sunny Betz. Clinical trials are studies of the safety and efficacy of promising new drugs or other treatments in preparation for an application to introduce them. Kalvista Pharmaceuticals, Inc has 51-200 employees. You can change your choices at any time by visiting your privacy controls. In 2020s first quarter, its revenue was $1.8 billion, which is a 33 percent growth from the previous year. 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. 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. A business is an individual or group engaged in financial transactions. 1. Of the world's top 20 pharmas ranked by 2021 revenues, 12 had at least 10% . NVO, MRNA, and BNTX lead the 10 biggest biotech companies list. Biotechnology is the scientific study using living organisms to develop healthcare products and processes. 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. Vir Biotechnology was founded in 2017 and is headquartered in San Francisco, CA. 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