List of Top Biotechnology Companies
Biotechnology is a word you may have heard thrown around in conversation as of late. That’s because it’s a newer industry that is making waves and revolutionizing biological science. Biotechnology is defined as the manipulation of living organisms (or components thereof) to produce commercially beneficial products. Biotech methods can be a bit controversial since the sciences and technologies are so new, but reliable and important products such as pest-resistant crops, new strains of bacteria and breakthrough pharmaceutical drugs have all come out of biotech research.
Biotech is generally traced back to the Stanford lab in the 1970s when Boyer and Cohen demonstrated DNA cloning. Now, biotechnology has become a huge industry that is making strides in the biological field and solving modern-day problems left and right. Today, the main two markets of biotechnology are agricultural and medical. These cutting-edge methods the biotech field uses have attracted droves of entrepreneurs to create startups in the biotechnology field. These startups have grown since inception, and today, there are hundreds of biotechnology companies that have made a huge splash and have become important and profitable research corporations providing services to the big dogs of medicine and agriculture.
The future is bright for these biotechnology companies, and more and more industries are looking to use their revolutionary research and findings to progress our society and hopefully solve problems we thought were unsolvable. Let’s take a look at the biggest, best, and most profitable biotech research companies out there today.
Top US Biotech Companies
The United States has quite the hold on the biotech market. It has the largest market for biotech pharmaceuticals and includes about a third of the world’s top biotech research companies. Let’s take a look at some of the top players the US has in the biotech arena.
Based out of Thousand Oaks, California, Amgen is focused on new medicines and human therapeutics. They work to create new solutions in molecular and cellular biology, with some of their biggest products honing in on cancer care, inflammation, and nephrology, or kidney care.
Gilead focuses their work on HIV/AIDS, liver diseases, cardiovascular conditions and respiratory conditions. Headquartered in California, Gilead has helped claim a lot of firsts for the Golden State. Gilead has produced firsts such as a complete HIV/AIDS treatment, just for starters.
Celgene, based out of New Jersey, has dedicated itself to coming up with new solutions for cancer and inflammatory disorders. Their claim to fame is a product called Revlimid, which treats multiple myeloma patients.
Biogen is dedicated to creating solutions to neurodegenerative, hematologic, and autoimmune diseases. They focus on the research, development, and delivery of therapies for such diseases. Based in Cambridge, Massachusetts, they want to find ways to treat diseases through gene therapy and RNA medicines.
Regeneron is headquartered in New Jersey along with Celgene. Founded in 1988, the company was founded with the intent to focus on neuropathic factors (a type of biomolecule) and their regenerative benefits. Since then, it has expanded its concentration to include and tyrosine and cytokine kinase receptors.
Top International Biotech Companies
Biotech companies have been spreading like wildfire and there is now a strong biotech presence in many countries throughout Europe and Asia, especially. Let’s explore some of the international companies in the industry.
Roche calls itself the largest biotech company in the world. They currently have 14 pharmaceutical drugs on the market and are still developing more. They have maintained their position at the forefront of cancer research and care. They’ve had several breakthrough products in neuroscience and opthamology as well.
2. Novo Nordisk
A multinational corporation, Novo Nordisk has facilities, offices, or other locations in seven different countries. Novo Nordisk is based in Denmark, however. They’ve kept their primary focus on hemophilia, diabetes, hormone replacement and growth hormone therapy.
A Growing Industry
Since its inception, biotechnology has been a growing industry that has more to offer as the years go by and technology becomes more and more advanced. The promise is so high, in fact, that in some regions, states, or cities, biotech has become a focal point of the area’s economic development plan.
Going into biotech requires two key things from any company:
1. The ability to perform strong and in-depth research
2. The ability to turn that research into deliverables for commercial sale
If you’ve thought about starting up a biotech company but aren’t sure how to get your foot in the door, contact a lifesci advisors today for guidance on investor relations and communications.