DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/f6e9b1/top_50_biotechnolo) has announced the addition of the "Top 50 Biotechnology Companies & Their Pipelines 2011" report to their offering.
The recent acquisition of Genzyme by Sanofi and the announcement that Teva will acquire Cephalon demonstrate that the gap between the pharmaceutical and biotechnology industries continues to narrow. Companies conduct aggressive mergers as pipelines and new drug approvals lack blockbuster options, the patent cliff grows, and U.S. healthcare reform takes shape.
Biotech companies in the industry's traditional centers of Australia, Canada, Europe, and the United States had a record-breaking 2010 with a 30% net profit increase compared to 2009. Companies in these markets reportedly combined for an aggregate net profit of $4.7 billion. Excluding Australia, biotech players in the other three markets raised $25 billion in capital during 2010.
In 2010, the top 10 biotech companies had combined revenue of $77.85 billion, up from $75.59 billion in 2009. The top 10 companies per 2010 revenue were Roche, Amgen, Gilead Sciences, Biogen Idec, UCB, Genzyme, CSL, Celgene, Cephalon, and Actelion. Switzerland's Roche generated SFr47.5 billion in revenue in 2010 with overall R&D investments totaling SFr10.0 billion. Roche is an innovator of products and services used in the early detection, prevention, diagnosis and treatment of several diseases.
The company's mission is to create additional value in healthcare by focusing its expertise in diagnostics and pharmaceuticals. As the largest biotech company globally, Roche medicines span across areas such as oncology, virology, inflammation, metabolism, and CNS. Since its initial U.S. approval in 2004 for the treatment of colorectal cancer, the blockbuster drug Avastin has grown to include indications for several types of cancers. Read more inside Top 50 Biotechnology Companies & Their Pipelines 2011
Companies Mentioned:
- Acorda Therapeutics Inc.
- Bavarian Nordic AS
- Cangene Corp.
- Elan Corp.
- Genmab AS
- Human Genome Sciences Inc.
- Immunomedics Inc.
- MorphoSys AG
- Nektar Therapeutics
- Onyx Pharmaceuticals Inc.
- PDL BioPharma Inc.
- Questcor Pharmaceuticals Inc.
- Roche
- SciClone Pharmaceuticals Inc.
- Talecris Biotherapeutics Inc.
- The Medicines Co.
- United Therapeutics Corp.
- Vertex Pharmaceuticals Inc.
For more information visit http://www.researchandmarkets.com/research/f6e9b1/top_50_biotechnolo