There are hundreds, if not thousands of biotech and pharmaceutical companies worldwide. In addition, the distinction between the two terms is nearly impossible to outline. Investopedia has helped define biotech companies’ drugs as having a biological basis while pharmaceutical companies’ drugs are focused on having a chemical basis. The Daily Records recently published a list of the “Top 10 Best & Largest Biotech Companies in the World in 2017-2018” The list of companies follows below:
1. Johnson & Johnson
Often referred to as J&J, this company is headquartered in New Brunswick, N. J. and in 2016 generated an incredible $71.89 billion in revenue. Some of their well-known brand name products include Zyrtec, Tylenol, Sudafed, and Motrin.
Headquartered in Basel, Switzerland, Roche employed 94,052 people worldwide in 2016. The company has two broad divisions, Pharmaceuticals and Diagnostics. Genentech is a wholly-owned affiliate, operating here in the U.S. In 2016, the company brought in about $50 billion in revenue.
Another Swiss company, also headquartered in Basel, Novartis brought in about $48.52 billion in revenue in 2016. It has three operating divisions, Pharmaceuticals, Alcon (eye care) and Sandoz (generics).
Based in New York City, Pfizer reported $52.82 billion in revenue and employed 96,500 in 2016. It has numerous products for many diseases, including immunology, oncology, cardiology, diabetes, and neurology.
Merck & Co. has headquarters in Kenilworth, N. J., in the U.S. and Canada. The company employs about 69,000 people worldwide and in 2016 reported $39.8 billion in revenue.
6. Gilead Sciences
Headquartered close to Compass Consulting Group, in Foster City, California. Gilead primarily concentrates on antiviral drugs for HIV, hepatitis B and C, and influenza. It remains the dominant company in the hepatitis C market. In 2016, it reported $30.4 billion in revenue and employs about 9,000 people.
7. Novo Nordisk
Based in Bagsvaerd, Denmark, Novo Nordisk is best known for its diabetes care portfolio, while it is also involved with obesity and weight management, hemophilia management, growth hormone therapy and hormone replacement therapy. It employs more than 40,000 people globally.
Within the San Francisco Bay Area, Amgen is headquartered in Thousand Oaks, California. The company reported $22.99 billion in revenue for 2016.
9. Bristol-Myers Squibb
Located in New York City, Bristol-Myers Squibb employs approximately 25,000 people worldwide and reported sales of $19.4 billion in 2016. Its areas of focus include cancer, HIV/AIDS, cardiovascular disease, diabetes, hepatitis, rheumatoid arthritis and psychiatric disorders.
Headquartered in Gentilly, France, the company has seven major therapeutic areas: cardiovascular, central nervous system, diabetes, internal medicine, oncology, thrombosis, and vaccines. It reported 33.821 billion euros in revenue for 2016 and employs about 110,000 people worldwide.
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