Biotech companies, shortened form of biotechnology companies, are involved in discovery, development and marketing of products and technologies derived from living organisms through cellular and biomolecular processes to improve human health and that of the planet
Munich is one of Europe’s top biotechnology clusters. Most of the medium-sized biotech companies in Munich are spin-offs of scientific institutions. Top biotech companies in Munich include MorphoSys, Immunic Therapeutics, Medigene, iOmx Therapeutics, 4SC Pharma, Proteros, AMSilk, Pieris, and Ethris. Most of the biotech companies in Munich are concentrated in Martinsried, a suburb on the … Read more
Major biotech companies in Russia include Generium, ChemRar, Biocad, and Pharmapark. Russia imports 80% of biotech products, and has less than 0.1% share of the global biotech market. Russia also lags behind the US, China, France, Germany, Japan, South Korea on gross domestic product (GDP) expenditure on R&D, patents in life-science research and biotechnology. Foreign … Read more
The global biotech market is estimated at $1.38 trillion in 2023, and is expected to grow to $4.25 trillion by 2033 at a CAGR of 11.8% (Precedence Research). Biotech companies use materials derived from living organisms to manufacture medicines to improve human lives. The biotech industry comprises five major sectors including biopharma (development of therapeutics … Read more
Top biotech and pharmaceutical companies in San Francisco Bay Area include AbbVie, Amgen BioMarin Pharmaceutical, Genentech, Bayer, Nektar Therapeutics, Bayer, and Astellas Gene Therapies. The major biotech cluster in California are San Francisco Bay, Menlo Park and Palo Alto regions of Northern California. The Bay Area’s biotech industry generated $142.7B in revenue and supported over … Read more
The top five pharmaceutical companies in South Korea are Yuhan Corporation, Kolmar Korea, GC Pharma, Chong Kun Dang, and Kwang Dong Pharmaceutical. The pharmaceutical market in Korea was worth 25.4 trillion South Korean won in 2021. Pharmaceutical production was worth 22.5 billion won, while export exceeded 9.9 billion U.S. dollars in 2021. In the same … Read more
Sinopharm Group, Shanghai Pharmaceuticals, and Jointown Pharmaceutical Group were the top three pharmaceutical companies in China in 2021. Other big pharma includes Fosun Pharma, Jiangsu Hengrui Medicine, Hansoh Pharma Group, Yunnan Baiyao Group, Guangzhou Baiyunshan Pharma, and Hubei Biocause Pharma. China is also the world’s largest producers of pharmaceutical active ingredient, with 4,000 API manufacturers. … Read more