To help investors who desire to keep tabs on the publicly traded companies with COVID-19 programs, here are lists of all the companies with market caps of at least $200 million that are developing or have developed COVID-19 vaccines, treatments, and tests. The odds of failure, especially with experimental COVID-19 vaccines and treatments, are relatively high. Following are all of the companies that are actively developing COVID-19 vaccines either on their own or in partnership with another drugmaker. On March 25, the company announced FDA approval of its drug JZP-258 for the treatment of cataplexy or excessive daytime sleepiness.. PRALUENT for familial hypercholesterolemia or clinical atherosclerosis, Soliris for rare disorders atypical Hemolytic Uremic Syndrome and Paroxysmal nocturnal hemoglobinuria, Kanuma for Lysosomal Acid Lipase Deficiency, Palynziq and Kuvan for Phenylketonuria (PKU), Bioreagents for FISH probes, GC and HPLC, MS, immunohistochemistry, microarrays, spectroscopy, target enrichment. We challenge ourselves and each other to make tomorrow better than yesterday. Accessed Apr. Athleisure is a fashion trend that combines athletic clothing with comfort, style, and aesthetically appealing designs. As an industry, pharmaceutical companies research, develop, and market medicines made primarily from artificial sources. H. Halozyme Therapeutics, Inc. Helix BioPharma Corp Helsinn Healthcare SA Hemispherx Biopharma, Inc. Heritage Pharmaceuticals Inc. Heron Therapeutics, Inc. Hikma Pharmaceuticals PLC Hill Dermaceuticals, Inc. Hillestad Pharmaceuticals, Inc. Hope Pharmaceuticals Hospira, Inc. In March, Moderna initiated the first clinical testing in humans of an experimental COVID-19 vaccine. Website. A new drug is an original or innovative medication or therapy that has not been used before in clinical practice to treat a disease or condition. Call it The Silence of the Genes. Accessed Apr. Bristol Myers Squibb is led by our unique BioPharma strategy that combines the innovation and agility of a biotech with the reach and resources of a major pharma company. Für unser erfolgreiches Engagement für Nachhaltigkeit bezeichnet der Dow Jones Sustainability Index (DJSI) Biogen als das führende Biotechnologie-Unternehmen der Welt. See you at the top! Pfizer Inc.: Working together for a healthier world® Biopharmaceutical company Vertex focuses on creating and marketing drug treatments for patients suffering from cancer, cystic fibrosis, autoimmune diseases, and neurological disorders, among others. Alkermes is an Irish biopharmaceutical company. Among the company's most popular medicines are Remodulin, Orenitram, Unituxin, and Tyvaso. Consideration of these key themes can provide the basis for making a prudent investment. Both pharmaceutical and biotech stocks face a costly process that, when successful, can produce extremely profitable products. "Jazz Pharmaceuticals Announces FDA Acceptance of New Drug Application for JZP-258 for Cataplexy and Excessive Daytime Sleepiness Associated with Narcolepsy," Accessed March 26, 2020. Several companies already had vaccine platforms targeting other coronaviruses such as MERS and SARS. Some modern pharmaceutical companies have a long history, such as Bayer AG, the German company whose founder trademarked aspirin in 1899. As of 2019, the world's top pharmaceutical company was Johnson & Johnson, followed by Novartis and Merck.. Below, we take a look at the 10 biggest as measured by 12-month trailing (TTM) revenue. 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. Our People save lives. The company makes several drugs under various brand names including Levemir, NovoLog, Novolin R, NovoSeven, NovoEight, and Victoza. Abbott Labs recently launched the fastest COVID-19 test so far. It is what makes this an exciting and rewarding place to be. EYLEA injection for the treatment of neovascular age-related macular degeneration. Its test, which runs on the company's widely used ID NOW molecular diagnostics platform, can deliver positive results within five minutes and negative results within 13 minutes. Some of the most frequently used biotechnology medical products recently introduced include the following: The top U.S.-based biotechnology firms in terms of market capitalization as of the end of 2019 were Amgen Inc., Novo Nordisk, CSL, and Gilead Sciences.. The portfolio of its products and services include whole-genome sequencing, genotyping, gene expression profiling, and proteomics as well as non-invasive prenatal testing (NIPT). Accessed Apr. Together, we change healthcare worldwide. Humans have employed biotechnology since ancient times to breed animals and improve their crops. Finance. (801) 350-4265. Returns as of 11/02/2020. Market capitalization = $90.4 Beval(ez_write_tag([[580,400],'explorebiotech_com-banner-1','ezslot_0',114,'0','0'])); Headquartered in Summit, New Jersey, Celgene Corporation is a competing company in the American biotechnology and biopharmaceutical sector. Consistent with our responsibility as one of the world's premier innovative biopharmaceutical companies, we collaborate with healthcare providers, governments and local communities to support and expand access to reliable, affordable healthcare around the world. The most pressing immediate need in the battle against COVID-19 is for diagnostic tests to determine if individuals are infected by the novel coronavirus. This biotechnology company also researches on autoimmune disorders and focuses on the core therapeutic areas of hematology, nephrology, neurology, and rare metabolic and genetic disorders. Although Moderna has taken an early lead, two pharmaceutical companies in our coverage, Johnson & Johnson JNJ (JNJ) and Pfizer (PFE), are well positioned in the race, in our view. Food and Drug Administration. Gildead Sciences Inc. "Gilead Sciences Update On The Company’s Ongoing Response To COVID-19." 15, 2020. A mutual fund is a type of investment vehicle consisting of a portfolio of stocks, bonds, or other securities, which is overseen by a professional money manager. Let's conquer your financial goals together...faster. AbbVie's Humira is used to treat arthritis, psoriasis, and Crohn's disease, among other ailments. Several companies already had vaccine platforms targeting other coronaviruses such as MERS and SARS. While pharmaceuticals generally hold exclusive rights to manufacture and distribute their drugs for five years, biotech can get patent protection for 12 years.. "Restrictions on Genetically Modified Organisms: European Union." This means investors often must wait for months or even years before knowing whether a potential drug therapy is usable or profitable. Accessed Apr. It is a wide-ranging field that covers advancement in food and agriculture-based industries to research and development in medicine, genetic research, and bioengineering. The company also provides diagnostic and analytic services for carbohydrate biology applications. We also reference original research from other reputable publishers where appropriate. Through its drug therapies, Alexion aims to provide patients with compounds that selectively target portions of the immune system which may allow diseases to proliferate. Biogen setzt auf modernste Wissenschaften, um nach biotechnologischen Produkten für die Behandlung von schweren Erkrankungen – insbesondere neurologischen Erkrankungen – zu forschen, sie zu entdecken, zu entwickeln, herzustellen und zu vertreiben. Our global portfolio includes medicines and vaccines as well as many of the world's best-known consumer health care products. In the world of investing, these both are important industry sectors with very different risk profiles despite their overarching similarities. Alnylam has R&D alliances and licensing agreements with companies including Roche, Biogen Idec, and Takeda Pharmaceuticals. Foundation Medicine started with an idea—to simplify the complex nature of cancer genomics, thus bringing the latest science and technology to routine cancer care. "Top 10 Pharma Companies of 2019." BioMarin is associated with developing and commercializing innovative biopharmaceuticals for rare diseases driven by genetic causes. Accessed Apr. INVENT.IMPACT.INSPIRE. Accessed Apr. The biotechnology industry is comprised of hundreds of companies that fuse biology and technology to develop drugs and related products for the treatment of diseases and medical conditions. Glassdoor will not work properly unless browser cookie support is enabled. The process to develop a new drug may take up to 15 years to complete. The FDA requires most new drugs to go through several phases of testing which, in itself, can take up to around eight years. Also, even if a company brings a new medicine to the market, it does not mean it will gain widespread physician approval and use. The top U.S.-based biotechnology firms in terms of market capitalization as of the end of 2019 were Amgen Inc., Novo Nordisk, CSL, and Gilead Sciences. 15, 2020. Other biotech companies provide services in genomics and proteomics, manufacture laboratory supplies, chemicals, and instruments. Stock Advisor launched in February of 2002. Among the largest companies in the industry are pharmaceutical companies like Vertex Pharmaceuticals Inc. (VRTX) and Gilead Sciences Inc. (GILD). Bayer. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. 111th Congress, 1st Session. ARCALYST for specific, rare autoinflammatory conditions. The following is a list of the independent biotechnology companies listed on a stock exchange (as indicated) with current market capitalization of at least USD 10 billion, in decreasing order. Top 10 Gene Editing Companies With High Prospects, Latest Advancement in Food Technology - Breakthroughs in 2018, Things You Need To Know About Violet Biotechnology. Jazz Pharmaceuticals PLC. Keith began writing for the Fool in 2012 and focuses primarily on healthcare investing topics. Several companies already have approved products on the market that could hold potential in treating patients with COVID-19. In the United States alone, hundreds of biotech companies have cropped up in the past decade.eval(ez_write_tag([[580,400],'explorebiotech_com-medrectangle-3','ezslot_1',105,'0','0'])); Some of these companies provide biopharmaceutical research to advance innovation, development, and commercialization of drugs in areas of high unmet medical need. Biogen Inc., formerly known as Biogen Idec, is based in Cambridge, Massachusetts. Many biotech companies have been rushing to … In recent years, biotechnology startups have sprouted alongside computer technology companies in Silicon Valley. Part of the lengthy R&D process includes gaining the approval of the Food and Drug Administration (FDA). The coining of the term biopharma further complicates matters. The term describes companies that are using both biotechnology and chemical sources in their medical research and development (R&D) efforts. The culture and environment at the Broad is designed to encourage creativity and to engage all participants, regardless of role or seniority, in the mission of the Institute. Accessed Apr. There also have been big product introductions in biopharma drugs. 15, 2020. Biotechnology is one of the largest industrial sectors in terms of market value. Pharma companies try to keep a steady pipeline of new products in various stages of development. It changed its name to Sanofi in May 2011. Top Biotech Companies in the USA. Following are the companies that are developing or testing potential COVID-19 therapies.