[Ranking] TOP 25 Biotechnology Companies Q3/2023

Intro

The biotechnology industry plays a critical role in the worldwide economy, with its innovative solutions and groundbreaking research revolutionizing various sectors.

With its profound influence, the biotechnology industry has far-reaching effects across diverse fields such as healthcare, agriculture, environmental science, and more.

The economic magnitude of the biotechnology industry is on an upward trajectory, as it continues to attract significant investments and drive job creation.

Recent trends, breakthroughs, and obstacles are shaping the biotechnology industry, with advancements in gene editing, personalized medicine, and the development of COVID-19 vaccines gaining prominence.

The biotechnology landscape is ever-changing, with new discoveries and technologies constantly emerging. This dynamic environment sets the context for the exploration of the top companies in the biotechnology sub-industry.

Ranking

#25 Vertex Pharmaceuticals Inc.

Coming Soon

Employees: 3K

Revenue: 2.5B$

Website: https://www.vertexpharm.com

Description: Vertex Pharmaceuticals Inc. is a leading biotechnology company headquartered in Boston, United States. Founded in 1989, the company specializes in the discovery, development, and commercialization of innovative medicines for serious diseases. With a workforce of approximately 3,000 employees, Vertex is dedicated to transforming the lives of patients through its cutting-edge research and development efforts. The company focuses on developing therapies for cystic fibrosis, a genetic disorder that affects the lungs and other organs. Vertex is widely recognized for its groundbreaking work in this field and has achieved significant milestones in the treatment of cystic fibrosis. With annual revenues of 2.5 billion dollars, Vertex Pharmaceuticals Inc. continues to be a key player in the biotechnology industry, driving advancements in disease treatment and improving patient outcomes.

#24 Illumina Inc.

Illumina Inc.

Employees: 7K

Revenue: 3.5B$

Website: https://www.illumina.com/

Description: Illumina Inc. is a leading biotechnology company headquartered in San Diego, United States. Since its founding in 1998, Illumina has been a key player in the biotechnology industry, specializing in the development and manufacturing of integrated systems for the analysis of genetic variation and biological function. With a workforce of approximately 7,000 employees, Illumina has a significant presence in the industry. The company's revenue reached 3.5 billion dollars, solidifying its position as a major player in the biotechnology market. Illumina's innovative technologies and solutions have revolutionized genomics research and have been instrumental in advancing precision medicine and personalized healthcare.

#23 Alexion Pharmaceuticals Inc.

Alexion Pharmaceuticals Inc.

Employees: 3.1K

Revenue: 4.2B$

Website: https://www.alexion.com

Description: Alexion Pharmaceuticals Inc. is a biotechnology company based in Boston, United States. Founded in 1992, the company specializes in the discovery, development, and commercialization of innovative therapies for patients with rare and life-threatening diseases. With a workforce of approximately 3,100 employees, Alexion is committed to transforming the lives of patients by providing groundbreaking treatments. The company's revenue reached 4.2 billion dollars, solidifying its position as a key player in the biotechnology industry. Through its scientific expertise and dedication to research and development, Alexion continues to make significant contributions to improving global healthcare.

#22 Grifols SA

Grifols SA

Employees: 21K

Revenue: 5.3B$

Website: https://www.grifols.com

Description: Grifols SA, headquartered in Barcelona, Spain, is a leading biotechnology company in the global healthcare industry. Founded in 1940, the company focuses on the research, development, manufacturing, and commercialization of plasma-derived medicines, diagnostic systems, and hospital pharmacy products. Grifols is committed to improving the health and well-being of people worldwide through its innovative therapies and solutions. With a workforce of approximately 21,000 employees, the company operates globally and has a significant presence in Europe, the Americas, and Asia. Grifols generates an annual revenue of 5.3 billion dollars, positioning itself as a major player in the biotechnology sector.

#21 Regeneron Pharmaceuticals Inc.

Regeneron Pharmaceuticals Inc.

Employees: 9.7K

Revenue: 8.4B$

Website: https://www.regeneron.com

Description: Regeneron Pharmaceuticals Inc. is a biotechnology company headquartered in Tarrytown, United States. Since its founding in 1988, the company has been a key player in the biotechnology industry. With a workforce of approximately 9.7 thousand employees, Regeneron is dedicated to leveraging the power of science and innovative technologies to discover, develop, and commercialize new medicines for patients in need. The company's revenue reached 8.4 billion dollars, solidifying its position as a leading player in the biotech sector. Regeneron continues to push the boundaries of scientific research and development, focusing on areas such as oncology, cardiovascular diseases, ophthalmology, and rare diseases. Through its commitment to improving patients' lives, Regeneron has established itself as a prominent name in the biotechnology industry.

#20 Mylan NV

Mylan NV

Employees: 35K

Revenue: 10B$

Website: https://www.mylan.com

Description: Mylan NV, headquartered in Amsterdam, Netherlands, is a leading biotechnology company in Europe. Founded in 1961, Mylan NV has grown to become a major player in the biotech industry, with a workforce of approximately 35,000 employees. The company focuses on the development and production of high-quality generic and branded pharmaceutical products, including prescription drugs, over-the-counter medications, and biosimilars. Mylan NV is committed to providing affordable healthcare solutions to patients worldwide, with a strong emphasis on innovation, quality, and accessibility. With annual revenues of around 10 billion dollars, Mylan NV continues to expand its product portfolio and global presence, making significant contributions to the advancement of biotechnology and improving patient outcomes.

#19 Stryker Corporation

Stryker Corporation

Employees: 40K

Revenue: 14B$

Website: https://www.stryker.com

Description: Stryker Corporation, headquartered in Kalamazoo, United States, is a leading player in the biotechnology industry. Founded in 1941, the company has grown to become a global leader in medical technology, focusing on orthopedics, medical and surgical, and neurotechnology and spine products. With approximately 40,000 employees worldwide, Stryker is committed to advancing healthcare through innovative solutions. The company's revenue reached 14 billion dollars, solidifying its position as a major player in the biotechnology market. Stryker continues to drive advancements in medical technology, improving patient outcomes and delivering value to healthcare providers.

#18 Biogen Inc.

Biogen Inc.

Employees: 7.5K

Revenue: 14.4B$

Website: https://www.biogen.com

Description: Biogen Inc. is a biotechnology company headquartered in Cambridge, United States. Founded in 1978, the company specializes in the development and manufacturing of therapies for neurodegenerative diseases, autoimmune disorders, and rare genetic conditions. With a workforce of approximately 7,500 employees, Biogen is committed to advancing scientific innovation and transforming the lives of patients worldwide. The company's revenue reached 14.4 billion dollars, driven by the success of its flagship products such as Tecfidera, Spinraza, and Tysabri. Biogen continues to invest in research and development to discover breakthrough treatments and improve patient outcomes in the field of biotechnology.

#17 Biogen Idec Inc.

Biogen Idec Inc.

Employees: 7.5K

Revenue: 14.5B$

Website: https://www.biogen.com

Description: Biogen Idec Inc., headquartered in Cambridge, United States, is a leading biotechnology company operating in the biotechnology industry. Founded in 1978, the company has grown to employ approximately 7.5 thousand employees worldwide. With a revenue of 14.5 billion dollars, Biogen Idec specializes in the research, development, and commercialization of therapies for neurological and neurodegenerative diseases, autoimmune disorders, and rare genetic disorders. The company's innovative products and treatments have made a significant impact in the medical field, providing hope and improved quality of life for patients suffering from conditions such as multiple sclerosis, Alzheimer's disease, and spinal muscular atrophy. Biogen Idec's commitment to scientific advancements and dedication to improving patient outcomes solidify its position as a key player in the biotechnology industry.

#16 Celgene Corporation

Celgene Corporation

Employees: 9.0K

Revenue: 15.2B$

Website: https://www.celgene.com

Description: Celgene Corporation, headquartered in Summit, United States, is a leading biotechnology company operating in the biotechnology industry. Established in 1986, Celgene focuses on the discovery, development, and commercialization of innovative therapies to improve the lives of patients worldwide. With a dedicated team of approximately 9,000 employees, the company strives to advance the treatment of cancer, inflammatory diseases, and other serious medical conditions. Celgene's extensive portfolio includes multiple FDA-approved products and a robust pipeline of investigational compounds. The company's commitment to scientific excellence and collaboration with healthcare partners positions it at the forefront of the biotech industry.

#15 Becton, Dickinson And Company

Becton, Dickinson And Company

Employees: 76K

Revenue: 17.3B$

Website: https://www.bd.com

Description: Becton, Dickinson And Company (BD) is a leading global medical technology company operating in the biotechnology industry. Headquartered in Franklin Lakes, United States, BD specializes in the development, manufacture, and sale of medical devices, instrument systems, and reagents. With a rich history dating back to its founding in 1897, BD has established itself as a trusted name in healthcare, delivering innovative solutions that improve patient care and advance medical research. The company employs approximately 76,000 people worldwide, working tirelessly to address critical healthcare challenges and improve outcomes. BD's diverse portfolio encompasses a wide range of products, including diagnostic systems, molecular diagnostics, biosciences, and cell analysis, enabling healthcare professionals to make accurate diagnoses and deliver personalized treatment options. With annual revenues of 17.3 billion dollars, BD continues to drive innovation and shape the future of biotechnology, making a positive impact on global healthcare.

#14 Takeda Pharmaceutical Company Limited

Takeda Pharmaceutical Company Limited

Employees: 50K

Revenue: 20B$

Website: https://www.takeda.com

Description: Takeda Pharmaceutical Company Limited is a leading biotechnology company based in Osaka, Japan. Founded in 1781, Takeda has a rich history and is known for its innovative research and development in the biotechnology industry. With a workforce of approximately 50,000 employees, Takeda is dedicated to improving the health and well-being of people worldwide. The company focuses on developing and manufacturing a wide range of biopharmaceutical products, including therapeutics for various diseases such as cancer, rare genetic disorders, and gastrointestinal disorders. Takeda's commitment to innovation and its global presence make it a key player in the biotechnology industry.

#13 Gilead Sciences Inc.

Gilead Sciences Inc.

Employees: 12K

Revenue: 22B$

Website: https://www.gilead.com

Description: Gilead Sciences Inc. is a biotechnology company headquartered in Foster City, United States. Since its founding in 1987, Gilead Sciences has been a leading player in the biotechnology industry. With a workforce of approximately 12,000 employees, the company is dedicated to developing innovative therapies to address unmet medical needs. Gilead Sciences is known for its breakthrough treatments in areas such as HIV/AIDS, liver diseases, and oncology. The company has achieved significant success and has generated a revenue of 22 billion dollars, solidifying its position as a major player in the biotechnology sector.

#12 Amgen Inc.

Amgen Inc.

Employees: 24K

Revenue: 23.7B$

Website: https://www.amgen.com

Description: Amgen Inc. is a leading biotechnology company based in Thousand Oaks, United States. Established in 1980, Amgen specializes in the development and manufacturing of innovative human therapeutics. With a workforce of approximately 24,000 employees, Amgen has made significant contributions to the biotechnology industry. The company's revenue stands at an impressive 23.7 billion dollars. Amgen is dedicated to discovering, developing, and delivering transformative medicines to patients around the world, focusing on serious illnesses such as cancer, cardiovascular disease, and inflammatory conditions. Through its cutting-edge research and development efforts, Amgen continues to shape the future of biotechnology and improve the lives of countless individuals.

#11 Bristol-Myers Squibb Company

Bristol-Myers Squibb Company

Employees: 30K

Revenue: 25B$

Website: https://www.bms.com

Description: Bristol-Myers Squibb Company is a leading biotechnology company headquartered in New York City, United States. With a history dating back to 1887, the company has established itself as a pioneer in the field. Bristol-Myers Squibb focuses on developing innovative medicines and therapies for various diseases, including cancer, cardiovascular diseases, and immunological disorders. The company's research and development efforts are aimed at discovering breakthrough treatments and improving patient outcomes. With a workforce of approximately 30,000 employees, Bristol-Myers Squibb is committed to advancing the frontier of biotechnology and making a positive impact on global healthcare.

#10 AstraZeneca PLC

AstraZeneca PLC

Employees: 76K

Revenue: 26.6B$

Website: https://www.astrazeneca.com/

Description: AstraZeneca PLC is a leading biotechnology company headquartered in Cambridge, United Kingdom. Founded in 1999, the company has grown to employ approximately 76,000 individuals worldwide. With a revenue of 26.6 billion dollars, AstraZeneca is recognized as a major player in the biotechnology industry. The company focuses on researching, developing, and manufacturing innovative pharmaceutical products for various therapeutic areas including oncology, cardiovascular, respiratory, and autoimmune diseases. AstraZeneca is committed to improving the health and well-being of people globally through its cutting-edge biotechnology solutions.

#9 Thermo Fisher Scientific Inc.

Thermo Fisher Scientific Inc.

Employees: 75K

Revenue: 35B$

Website: https://www.thermofisher.com

Description: Thermo Fisher Scientific Inc. is a leading biotechnology company headquartered in Waltham, United States. Founded in 2006, the company has grown to employ approximately 75,000 employees worldwide. Thermo Fisher Scientific operates in the biotechnology industry, offering a wide range of products and services to support scientific research and advancements. Their portfolio includes analytical instruments, reagents, consumables, software, and services that are utilized in various applications such as life sciences, healthcare, and environmental sciences. With annual revenue of 35 billion dollars, Thermo Fisher Scientific is dedicated to enabling their customers to make the world healthier, cleaner, and safer through their innovative solutions and expertise.

#8 Bayer AG

Coming Soon

Employees: 100K

Revenue: 43B$

Website: https://www.bayer.com

Description: Bayer AG, headquartered in Leverkusen, Germany, is a leading player in the biotechnology industry. Founded in 1863, the company has a rich history in the field. With a workforce of approximately 100,000 employees, Bayer AG has established itself as a major employer in the industry. The company's annual revenue stands at an impressive 43 billion US dollars, reflecting its strong presence and success in the biotechnology sector. Bayer AG is known for its innovative research and development efforts, aiming to discover and develop breakthrough solutions for various health and agricultural challenges. Through its biotechnology advancements, Bayer AG continues to contribute to the advancement of the industry and improve the lives of individuals worldwide.

#7 Sanofi

Sanofi

Employees: 100K

Revenue: 44.7B$

Website: https://www.sanofi.com

Description: Sanofi is a leading biotechnology company headquartered in Paris, France. With a history dating back to 1973, Sanofi has established itself as a major player in the biotech industry. The company operates in various segments, including pharmaceuticals, vaccines, and consumer healthcare. Sanofi's innovative research and development efforts have led to the creation of groundbreaking treatments for various diseases and conditions. With a workforce of approximately 100,000 employees, Sanofi is dedicated to improving global health and enhancing the quality of life for individuals worldwide. The company generates significant revenue, with an annual revenue of 44.7 billion dollars.

#6 AbbVie Inc.

Coming Soon

Employees: 47K

Revenue: 45B$

Website: https://www.abbvie.com

Description: AbbVie Inc. is a biotechnology company headquartered in North Chicago, United States. Founded in 2013, AbbVie operates in the biotechnology industry and has a workforce of approximately 47,000 employees. The company focuses on discovering, developing, and delivering innovative pharmaceuticals and biologics to address some of the world's most complex and serious diseases. AbbVie's portfolio includes a wide range of products across various therapeutic areas, such as immunology, oncology, neuroscience, and virology. With a revenue of 45 billion dollars, AbbVie is committed to improving patients' lives and transforming the healthcare landscape through scientific advancements and strategic collaborations.

#5 Merck & Co. Inc.

Merck & Co. Inc.

Employees: 74K

Revenue: 47B$

Website: https://www.merck.com

Description: Merck & Co. Inc. is a leading biotechnology company headquartered in Kenilworth, United States. Founded in 1891, the company has a long history of innovation and research in the healthcare industry. With a workforce of approximately 74,000 employees, Merck is committed to improving human health through the development of breakthrough medicines, vaccines, and animal health products. The company's revenue stands at an impressive 47 billion dollars, making it one of the largest players in the biotechnology sector. Merck's dedication to advancing scientific knowledge and providing high-quality healthcare solutions has earned it a prominent position in the industry.

#4 Novartis AG

Novartis AG

Employees: 110K

Revenue: 47.5B$

Website: https://www.novartis.com/

Description: Novartis AG, headquartered in Basel, Switzerland, is a leading biotechnology company in the pharmaceutical industry. Founded in 1996, the company has a workforce of approximately 110,000 employees worldwide. With a revenue of 47.5 billion US dollars, Novartis AG is one of the largest players in the biotechnology sector. The company focuses on developing innovative medicines and advanced therapies for a wide range of diseases, including cancer, cardiovascular diseases, neurological disorders, and respiratory conditions. Novartis AG is dedicated to improving patient outcomes and addressing unmet medical needs through its extensive research and development efforts. With a strong global presence, Novartis AG continues to make significant contributions to the advancement of biotechnology and healthcare.

#3 Pfizer Inc.

Coming Soon

Employees: 90K

Revenue: 51B$

Website: https://www.pfizer.com

Description: Pfizer Inc., headquartered in New York City, is a leading biotechnology company operating in the pharmaceutical industry. Founded in 1849, Pfizer has established itself as a global leader in developing and manufacturing innovative medicines and vaccines. With approximately 90,000 employees worldwide, Pfizer is dedicated to discovering breakthrough treatments and improving health outcomes for patients around the world. The company's revenue for the latest fiscal year amounted to 51 billion USD. Pfizer's commitment to research and development has resulted in numerous successful products, making it one of the most influential companies in the biotechnology industry.

#2 Roche Holding AG

Coming Soon

Employees: 100K

Revenue: 60B$

Website: https://www.roche.com/

Description: Roche Holding AG, headquartered in Basel, Switzerland, is a leading biotechnology company in Europe. Founded in 1896, Roche has a long history of innovation and commitment to improving healthcare. With a workforce of approximately 100,000 employees, Roche operates globally and focuses on developing and producing pharmaceuticals and diagnostics for various diseases. The company's diverse portfolio includes products for oncology, immunology, infectious diseases, and neuroscience. Roche's revenue reached 60 billion dollars, making it one of the largest companies in the biotechnology industry. Through its continuous research and development efforts, Roche aims to make a positive impact on patients' lives and contribute to advancements in the field of biotechnology.

#1 Johnson & Johnson

Johnson & Johnson

Employees: 135K

Revenue: 82.1B$

Website: https://www.jnj.com

Description: Johnson & Johnson is a multinational biotechnology company headquartered in New Brunswick, United States. Founded in 1886, the company has a rich history in the healthcare and biotech industry. With a workforce of approximately 135,000 employees, Johnson & Johnson is a major player in the biotechnology sector. The company specializes in developing and manufacturing pharmaceuticals, medical devices, and consumer healthcare products. Johnson & Johnson's revenue reached a staggering 82.1 billion US dollars, solidifying its position as one of the largest biotech companies in the world. With a strong commitment to innovation and improving global health, Johnson & Johnson continues to make significant contributions to the biotechnology industry.

Summary

The biotechnology industry has seen significant growth in recent years, with several companies emerging as leaders in the field. These companies have been ranked based on their market capitalization, revenue growth, and innovation.

One unexpected finding is the dominance of companies that focus on genetic editing and gene therapy. These companies are at the forefront of cutting-edge research and development, and their breakthroughs have the potential to revolutionize healthcare and agriculture.

Among the premier companies in the biotechnology sub-industry are Amgen, Gilead Sciences, and Vertex Pharmaceuticals. These companies have consistently achieved high rankings and have made significant contributions to the field of biotechnology.

One shared element among these leading firms is their focus on research and development. They invest heavily in scientific studies and have dedicated teams of scientists and researchers working on groundbreaking projects.

What sets these eminent companies apart from their rivals is their ability to translate scientific discoveries into successful commercial products. They have a track record of bringing innovative therapies and treatments to market, improving the lives of patients worldwide.