The company focuses on industrial enzymes, microbes, and biopharmaceutical components for research, development, and production. Show publisher information October 14, 2022. Heres a rundown of some youll probably encounter. It is an American firm established in 1886 and is known for producing consumer-packaged products, medicines, and medical equipment. As of May 18, 2016, these are the ten biggest. 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. IQVIA is a biotech company founded in 1954 that has a presence in a number of countries and states. The company makes several drugs under various brand names,including Levemir, NovoLog, Novolin R, NovoSeven, NovoEight, and Victoza. 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. 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 . Biotechnologyuses living organismsto develop cutting-edge medical treatments and drugs to treat diseases and ease human suffering. Zimmers annual revenue is projected to be approx. Companies that break ground in these areas may profit handsomely. TissueTech, now rebranded as BioTissue, is headquartered in Miami and just like its name suggests, specializes in using tissue membranes to develop regenerative treatments. All values are total revenues and can include non-pharma/biotech revenues, if a company has a diversified business (e.g., Johnson & Johnson). In, Financial Times. A drug is a substance used to prevent or cure a disease or ailment or to alleviate its symptoms. Among the largest companies in the industry are pharmaceutical companies like Novo Nordisk and Moderna. Ariel Courage is an experienced editor, researcher, and former fact-checker. 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. The company has a workforce of between 500 and 1000 employees who enjoy benefits such as: Its annual revenue is estimated to be around $359M with an employee count of over 180 nationwide. Use Ask Statista Research Service. 23. The ideal entry-level account for individual users. What Is a Drug? Florida is slowly emerging as one of the top life sciences hubs, especially in biotechnology. Despite the many challenges facing biotechnology companies, several enterprises have risen to the top of the list. Get full access to all features within our Business Solutions. You can learn more about the standards we follow in producing accurate, unbiased content in our. 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. In the U.S., drugs may be bought over-the-counter or by doctor's prescription. 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? 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. IQVIA is a pioneer organization in biotechnology and is likely to hire people who are professionally trained in the following areas: Check out IQVIAs Careers page for employment opportunities. These include environmental control, food processing, drug and pharmaceutical research, bio-processing industries, and public-funded laboratories, to mention a few. The company combines data science, domain expertise, and technology to develop innovative solutions in the health care field. 1 of 11. Our global team of more than 100,000 colleagues delivers an unrivaled combination of innovative technologies, purchasing convenience and pharmaceutical services through our industry-leading brands, including Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific, Unity Lab Services, Patheon and PPD. Copyright @2020. Hiring Now It has also been awarded an Innovate UK grant worth 347k. If youre interested in working in biotechnology, youll love that it comes with many benefits. 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. In the United States alone, hundreds of biotech companies have cropped up in the past decade. CAR-T cell therapy is a strategy in which a persons T cells (which are part of the immune system) are tweaked in a lab in order to attack and kill cancer cells.A few years ago, Kite Pharma was acquired by Gilead Sciences, Inc, which is a renowned biotechnology company, and this is sure to maintain its growth in the future. It is a private sector initiative, headed by Cyrus S. Poonawalla. Second is Phoenix with 532 biotech companies in The United States (2%). These three regions combined have . Sanofi. Its also increasing the speed of its clinical trials so that it will be able to release a vaccine onto the market much faster. Florida biotech sites include Jacksonville, Orlando, Miami, and Tampa. Johnson & Johnson was founded back in 1886. The following is a list of independent pharmaceutical, biotechnology and medical companies listed on a stock exchange (as indicated) with current market capitalization of at least US$10 billion, ranked by their market capitalization. They are estimated to have around 200-500 employees who experience an organizational culture that focuses on the need for work-life balance. DNA sequencer their technology has helped reduce the cost of human genome sequencing from $1 million to $4,000. With a market cap of $77.25 billion, Vertex pharmaceuticals is one of the biggest biotech companies in the world. Below is a list of top 10 biotech companies in theUSA based on their ranking and market capitalization. Some of their key products focus on improving the ease of access to diagnostic information by medical professionals. 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. 1. Founded in 1977, BioMarin is headquartered in San Rafael, CA. companies: 7,304 total market cap: $85.955 T 1. It does not include biotechnology companies that are now owned by, or form a part of, larger pharmaceutical groups. Its also made Fast Companys Top 10 list of the most innovative biotech companies, as the Johnson & Johnson website reports. The following table lists the largest biotechnology and pharmaceutical companies ranked by revenue in billion USD. It was first established in 1978 in Geneva, Switzerland, but moved to the United States in 2003, after merging with California-based IDEC Pharmaceuticals. Amgen has a presence in roughly 100 countries and regions in the world, and their innovative drugs have reached millions of people. 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. This statistic is not included in your account. Sanofi S.A. is a French multinational pharmaceutical company headquartered in Paris, France, as of 2013 the world's fifth-largest by prescription sales. The company has a workforce of over 10,000 employees across different locations. It manufactures and sells over 172 drugs in the U.S., including big names such as Tylenol and Sudafed. Veru is traded on the NASDAQ and is welcome to investors (they provide key investment information here). 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. Revenues are global totals. 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. They recruit primarily in Tampa, FL, in positions such as Cytotechnologist, lab accessioner, certified medical technologist, and preventative maintenance technician. 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. On top of that, its likely that people will need annual COVID-19 vaccines. As of January 2023, Amgen's current market capitalization is an amazing $144.98 billion. 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 have two research facilities one in California, the USA and the other in Oxford, England. Hospital volunteering opportunities near you. 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. Biotech Companies USA by region. 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). Based on revenues latest available as of 2022, Johnson & Johnson was the second ranked pharmaceutical company in the United States. Working at this biotech company will surely fill you with excitement because its involved in such important medical research. So that it comes with many benefits content in our or form a part,!, amgen & # x27 ; s current market capitalization the following lists. Provide key investment information here ) the NASDAQ and is known for producing consumer-packaged products, medicines, and components! To have around 200-500 employees who experience an organizational culture that focuses on need. 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