While several biopharma giants reported earnings that beat expectations in recent days in spite of it equities have shown declines during recent times that wiped out most, or nearly all, of the gains made by investors over the past year. Then too biotechnology companies are growing at a high pace.
What are Biotechnology companies?
Basically, any medicine made with or derived from living organisms is considered as biologics. The merging of biology and technology is referred to as biotechnology which means the companies using live organisms or their products, such as bacteria or enzymes, to manufacture drugs and medicines. FinanceShed has listed some top biotechnology companies.
Johnson and Johnson
Johnson and Johnson are a multinational company started in 1886 and has its headquarters at New Jersey and New Brunswick. Johnson and Johnson are associated in the field of medical devices. This company is the supplier of various brands in more than 172 countries. This company is having its research and development projects in areas like neuroscience and infectious diseases.
This US US biotech Alnylam gained regulatory approval for the first-ever RNAi treatment of its kind. This company developed medicine for a rare but threatening disease called hATTR and was successful in making people disease-free. This company may not be as famous as others but is making its way to an entirely new era of medicines.
This Switzerland based company is focused on making business in the fields of pharmaceuticals, eye care, and generics. This company is expanding itself in markets of Asia, Africa, and Latin America where due to the population there is a high demand for medicines.
This company has joined a fight against cancer exploring the potential of immuno-oncology. They have developed a certain genetic vaccine to treat certain types of cancer. Also, they have developed certain neoantigen vaccine that targets tumors found in cancers like melanoma and lung cancer.
This company, having its headquarters at California, mainly produces therapeutics and focuses on new medicines based on molecular biology. This company develops medicines for bone disease, kidney disease, and other illness and markets proteins in inflammation and cancer care.
Cleyad is a Belgian biotech company that specialized in immune-oncology, one of the most advanced ways of treating cancer. The company produced an improved version of cell technology, which has already taken the world by storm with its innovative and effective approach to treating various cancers. The latest advantage is its leading therapy has shown to be effective in targeting solid tumors in patients who have not undergone rigorous chemotherapy courses.
Pfizer Inc. is a global biopharmaceutical company founded in 1849 having headquartered in New York City. In 2015 the company acquired Botox maker Allergan for $160 billion in the largest inversion deal in history and the largest-ever acquisition in the health care sector. The company is trying to make progress in fields of neuro-degeneration, neuroinflammation, and neuro-metabolic disorders.
Biocon is an Indian biotechnology company established in 1978 and has its establishment in Bengaluru, Karnataka. Its subsidiaries are clinical research company. This company is selling its products in around 70 countries in the world. Its research activities include small molecules, biosimilars, branded formulations, novel molecules, and research services.