Biotechnology is a part of science which includes development of products with the use of living organisms, bacteria, microbes etc. like agriculture, food and medicines. It is very similar to bio – engineering and bio manufacturing and often overlap each other.
Bio technology has a major role in the pharmaceutical industry where it helps to develop and produce new innovative medications to cure diseases in different ways without any side effects. With the ever growing need and demand for health care products there has been tough competition among the top companies to maintain their position as well as provide the public with their requirements.
Other than medicine it plays an important role in the agriculture, industrial sectors as well. The following listed are the companies who are the lead player in the biotech game.
Here are the top 10 Best & Famous Biotech Companies in The World 2017-208
10. Sanofi: –
Sanofi is a Parisian Pharmaceutical company found in 2004 with the merger of two companies namely Sanofi and Aventis. It is currently operating throughout the globe. It specializes in diabetes solutions, innovative human vaccines as well as animal health solutions including Genzyme. The company has its presence in over 100 countires and is currently headquartered in New Jersey, Unites States. They have an estimated annual sale of USD $44.8 billion dollars.
It has a market capitalization is worth USD $109.5 billion dollars.
9. Novo Nordisk: –
Novo Nordisk was found in 1923 in Denmark and now has offices over 75 countries including India and manufacturing plants in seven countires. The company manufactures products and medicines with focus on diabetic diseases, growth hormone and relatively new concept of hormone replacement therapy. Levemir, Novolin R and Victoza are some of the brand names under which the company sells its life saving products. The firm has over 41,000 employees employed in their offices overall the globe.
The annual revenue ascends over USD $15.8 billion dollars with a market capitalization value of USD $146 billion dollars.
8. Biogen: –
Biogen Inc. was found in 1978 and is currently headquartered in Cambridge, United States of America. The company is a resultant of the merger of two companies Biogen and IDEC pharmaceuticals. The company manufactures products like ALPROLIX, AVONEX, GAZYVA etc. which cures some serious diseases like leukaemia, sclerosis, haemophilia B etc.
The market capitalization of the company is estimated at USD $58.71 billion dollars with an annual sale figure of USD $20 billion dollars.
7. Amgen: –
Headquartered in California, United States of America, Amgen is a company that manufactures products and medicines to cure some of the serious illness to the masses. Their pharmaceuticals include medicines for cancer, kidney diseases, arthritis and other nephrology and bone disorders. The company concentrates on coming up with new innovative medicines for life – threatening diseases and dedicated a lot of time and resources in their research.
USD $120 billion dollars is the estimated market capitalization of the company with annual sales over USD $20 billion dollars.
6. Gilead Sciences: –
Gilead Sciences Ltd. Is an international pharmaceutical company headquartered in California, United States of America which deals in consumer products with concentration on serious diseases like HIV / AIDS, Liver infections like Hepatitis B and Hepatitis C etc. The company has gained popularity from the point when they were able to manufacture a once – in – a – day pill which helps to reduce the risk of HIV in adults.
The company has a market capitalization of USD $147.1 billion dollars with annual sales estimated at USD $20.7 billion dollars.
5. Novartis: –
Founded in 1996 Novartis is a relatively new Switzerland based pharmaceutical company when compared to other big players in this industry. But in as less as 21 years the company has managed to leave an impact on the public with their products eye – care and general medicines. The company is currently expanding to new countries like Asia, Latin America etc. which has a high medicine / health care need and has over 133,000 people employed in their offices throughout the globe.
They have already achieved a sale figure of USD $53.6 billion dollars and a market capitalization of USD $204 billion dollars.
4. Pfizer: –
Pfizer is a research based pharmaceutical company founded in New York, United States and is destined to become the largest biotechnology company after it acquired the Botox manufacturer company named Allergan for a humongous USD $160 billion which is one of its kind take over in the history of the sector.
As of 2015 the company had a market capitalization of USD $200 billion dollars with sales rising over USD $49.6 billion dollars as of 2017.
3. Merck and Co.: –
Merck and Co. is established in New Jersey, United States and was founded in 1891. The company has concentrated on vaccines and animal care pharmaceuticals. It is majorly involved in treatment of cancer, metabolic diseases as well as Alzheimer’s illness and many more. The company has also greatly invested in the cure – research for the relatively new virus named Ebola.
The annual sales mounts up to USD $42.2 billion dollars with a market capitalization value of USD $150 billion dollars.
2. Roche Pharmaceuticals: –
Hoffman La – Roche SE is a Swiss based pharmaceutical company established in 1896. The company has been in business for over 120 years and has come up with a major developments and leads in the field of the then un – curable disease cancer. The company itself manufactures medications for breast, lung, ovarian, skin and many other types of cancer. It also is involved in research and treatment of many new types of emerging cancers. Neuroscience and ophthalmology are other sectors of its success. There are approximately 88,500 employees employed in their offices worldwide.
The annual revenue of the company is estimated at USD $51.6 billion dollars with a market capitalization of USD $229.6 billion dollars.
1. Johnson and Johnson: –
Johnson and Johnson was established in 1886 in New Jersey, United States of America. It manufactures a number of products like medical devices, surgical equipments, medicines and other packed customer goods. Operating since 131 years the company had developed a lot of stuff to help the masses from many diseases like infections, oncology etc.
The company operates in domestic as well as international markets with products available throughout the pharmacies. The company has the second highest employment level with over 126,500 employees expanded over the globe. It has the largest market share (with a market capitalization worth USD $283.4 billion dollars) as compared to its competitors in the same industry and an annual sale value of USD $74 billion dollars.
The above mentioned companies have dedicated a lot of resources as well as time for developing medicines and consumer devices to help the public maintain a healthy lifestyle and this has been praised by the public as well and can be seen in the annual sales value of the companies. A lot of research work has also been done by them and as a result they have developed medicines that can cure or minimize the effects of life threatning diseases like cancer, HIV / AIDS etc.