Read more. 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. 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. Illumina, Inc. was founded in 1998 in San Diego, California. Its funded by Pfizer. The healthcare sector consists of companies that provide medical services, manufacture medical equipment or drugs, provide medical insurance, or otherwise facilitate the provision of healthcare to patients. The following table lists the largest biotechnology and pharmaceutical companies ranked by revenue in billion USD. Biggest BioTech Trends 2023 is the use of biology to solve problems and create products that can help people. Kalvista Pharmaceuticals, Inc has 51-200 employees. 10 Biggest Renewable Energy Companies in the World. It was founded in 1988 with a focus on inventing and manufacturing medicines in areas of high unmet medical need. $7.8B, increasing up to 15 percent year-on-year. In 2018, the Federal Drug Administration (FDA) approved the Aimovig drug which was developed by Amgen and Novartis. Amgen. It is an American firm established in 1886 and is known for producing consumer-packaged products, medicines, and medical equipment. Its also increasing the speed of its clinical trials so that it will be able to release a vaccine onto the market much faster. They also have an office in Dublin, Ireland. statistic alerts) please log in with your personal account. Investing in foreign biotech stocks Are biotech stocks right for. It wasestablished in 1980 to develop innovative drugs serving areas of unmet medical needand is the world leader in biopharmaceuticals. When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. 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. Available: https://www.statista.com/statistics/257436/top-global-biotech-and-pharmaceutical-companies-based-on-revenue/, 2022 ranking of top 10 U.S. biotech and pharmaceutical companies based on total revenue, Available to download in PNG, PDF, XLS format, World pharmaceutical market distribution by submarket 2014-2021, Top global pharmaceutical markets: growth rate 2018-2021, Leading therapy areas for U.S. drug spending 2020, U.S. top prescribed drugs based on sales 2021, Top pharma products by prescriptions U.S. 2020, Pharmaceutical channel distribution by U.S. spending 2017-2019, U.S. biopharmaceutical export volume 2002-2021, 2022 list of top U.S. biotech and pharmaceutical companies based on revenue, Pharmaceutical corporations by U.S. revenue 2021, Johnson & Johnson's total sales 2005-2022, Research and development expenditure: U.S. pharmaceutical industry 1995-2021, U.S. pharma industry R&D spending as a percent of total revenues 1990-2021, Pharmaceuticals: cost of drug development in the U.S. since 1975, Number of novel drugs approved annually by CDER 2008-2022, Number of orphan designations accepted in the U.S. 2003-2022, U.S. sales of new brand medicines 2012-2021, R&D expenditure per employee in U.S. sectors 2003-2017, Spending change on branded and generic medicines in the U.S. 2014-2021, U.S. brand and generic prescription drug spending 2017-2021, Branded vs. generic U.S. drug prescriptions dispensed 2005-2021, Savings through generic drug usage in the U.S. 2008-2021, Sales share at risk of pharmaceuticals due to patent expiries U.S. 2022, Share of U.S. people who had a favorable view of pharmaceutical companies 2021, U.S. approval of pharma companies' COVID-19 vaccine development handling 2021, Share of U.S. adults who approve pharmaceutical companies' drug price handling 2021, Share of people who had a favorable view of Pfizer in U.S. 2021, Share of people who had a favorable view of Moderna in U.S. 2021, Share of people who had a favorable view of J&J in U.S. 2021, World pharmaceutical sales by region forecast 2025, Sales at risk of pharmaceuticals due to patent expiries U.S. 2022, Leading U.S. pharmaceutical products by revenue 2026, U.S. cannabinoid-based pharmaceuticals market size 2020-2029 projection, Top pharma and biotech companies by net sales growth in 2021, Leading global pharmaceutical risers based on share price 2021, Global leading pharma and biotech companies by total revenue in 2017, Top pharmaceutical companies' SG&A to revenue rate 2021, Top 10 global pharmaceutical companies by revenue 2021, Market cap of select pharma companies with strong pipeline 2017, Leading global pharmaceutical risers based on market capitalization 2021, M&A capacities - changes for the global pharma industry 2008-2015, Total equity of the Ipsen group 2014-2019, Business risks at selected pharmaceutical companies 2011, Lease expenses of selected U.S. pharmaceutical companies 2011 and 2016, Top global generic pharmaceutical companies, by enterprise value 2016, Top 10 - pharmaceutical companies based on revenue in 2006, Top global generic pharmaceutical companies 2015, by revenue, Astellas Pharma's revenue FY 2021, by region, Mexico: veterinary pharmaceutical laboratories 2018, by type, Financing pattern of drugs and pharmaceutical industry India 2020, by value, Relative Nifty price performance GSK India 2009-2018, Worldwide generic pharmaceutical M&A deal value 2007-2015, 2022 ranking of top 10 U.S. biotech and pharmaceutical companies based on total revenue (in billion U.S. dollars), Find your information in our database containing over 20,000 reports. The companys operation is based on four core values: listening, integrity, reliability, and innovation. The strength of the industry is based on the presence of established companies and start-ups. Below, we look at the 10 biggest as measured by 12-month trailing (TTM) revenue. The biotech company got great news from the FDA on an important . Sanofi's subsidiary, Sanofi Pasteur, is the world's largest company focused entirely on vaccine production. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. It does not include biotechnology companies that are now owned by, or form a part of, larger pharmaceutical groups. It manufactures and sells over 172 drugs in the U.S., including big names such as Tylenol and Sudafed. 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. 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. That was an 8.5% drop. "2022 Ranking of Top 10 U.S. Biotech and Pharmaceutical Companies Based on Total Revenue (in Billion U.S. The company strives for solutions that improve . 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. This U.S. biotech company thats based in Massachusetts has been in the news a lot for its drug developments, too. It is the first FDA-approved monoclonal antibody treatment. BioTech companies can analyze the . These include white papers, government data, original reporting, and interviews with industry experts. The company is experiencing lots of growth. Veru Healthcare, also known as Veru Inc., is headquartered in Miami, FL, and specializes in developing specialty drugs focused on patients withbreast and prostate cancers, and, more recently, Covid-19. Kalvista Pharmaceuticals, Inc is a Biotechnology company and has headquarters in Cambridge, Massachusetts, United States. This research has led to several breakthroughs in oncology, microbiology, reproductive health, and more. The drug targets the vaginal microbiome by restoring the acidity in the vagina to healthy levels, preventing the infection from recurring. As Business Insider reports, these perks sometimes include unlimited vacations, free yoga classes, and sabbaticals! Read how incidence rates impact investors in pharmaceutical companies. Moderna focuses its mRNA medicines on autoimmune disorders, rare and infectious diseases, and immuno-oncology. Red cells indicate those years where there has been a decrease. Zimmer Biomet is headquartered in Warsaw, Poland but has a presence in several locations in the US including in Jacksonville and Palm Beach Gardens, Florida. These are a few biotech companies to watch closely in 2023: 1. They are estimated to have around 200-500 employees who experience an organizational culture that focuses on the need for work-life balance. Hi, I'm Will. Novartis is considered to be one of the best biotech companies. Log In Free Trial. Simply Biotech is constantly seeking talented individuals who are looking for the next step in their career. On top of that, its likely that people will need annual COVID-19 vaccines. Biotechnology is the scientific study using living organisms to develop healthcare products and processes. These sensors measure the glucose level and transmit the results to a mobile device in real-time. FT classifies Cardinal Health as a pharmaceutical company, although it is more a diversified health services and (pharmaceutical) distribution company than a pharmaceutical manufacturer as the other ranked companies. 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. The following table lists the largest biotechnology and pharmaceutical companies ranked by market capitalization in billion USD dollars. A biotechnology industry exchange-traded fund (ETF) invests in companies that combine biology and technology to develop innovative products and services. It focuses on treating infectious diseases using newly-developed technologies to identify weaknesses in pathogens and exploit them. The response to COVID-19 took center stage this year, spurring biotech companies on our list to develop tests and vaccines in record . Agilent Technologies was established in 1999 as a public research, development,and manufacturing company. Johnson & Johnson generated over 95 billion U.S . While the center doesnt conduct its own research, it facilitates interactions between the government, academia, and various industries to develop technology and job creation. San Diego is the largest region with a 2,5% market share in the biotech industry (1,711). It has been disrupting the pharmaceutical industry for a few years now, and this disruption will only seem to grow it seems. Its drug developments, too in 1999 as a public research, development, innovation! To watch closely in 2023: 1 thats based in Massachusetts has been a decrease vagina to levels. The presence of established companies and start-ups data for 170 industries from 50 countries and over 1 million:. Region with a focus on inventing and manufacturing medicines in areas of unmet medical needand is the of... Around 200-500 employees who experience an organizational culture that focuses on the for. Drugs serving areas of unmet medical need great news from the FDA on an important 200-500 who... 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