14th annual report: Top 100 biotechnology companies back to table of contents   
 
 
<a href="http://www.pharmalive.com/magazines/medad/view.cfm?articleID=2302";>Med 
Ad News</a>

  Over the Line: As the biotechnology industry outpaces traditional 
pharmaceuticals, the biotechnology leaders are taking top spots from big pharma 
peers. At the other end, small, emerging biotechnology companies struggle to 
find funding among risk-averse investors.

by Med Ad News Staff  


Notes to Charts 

Methodology 

REVENUE: Top 100 biotechnology companies (table) 

RESEARCH & DEVELOPMENT: Top 100 biotechnology companies (table) 

EMPLOYEES: Top 100 biotechnology companies (table) 

LOCATION, YEAR ESTABLISHED: Top 100 biotechnology companies (table)  
 
 
 
As biotechnology companies merge and grow, they are rising in the ranks of the 
top companies overall. Traditional pharmaceutical companies, meanwhile, are 
partnering with the biotechnology sector to fill dry pipelines and to replace 
the dwindling blockbusters. Industry analysts believe that the growth of the 
biotechnology industry, led by Amgen Inc. and Genentech Inc., will continue to 
outpace that of pharmaceutical companies.

According to Wood Mackenzie analysts, the seven largest biotechnology companies 
are growing at rates faster than the pharmaceutical industry’s 9.1% average. 
Amgen is now ranked among the top 20 global pharmaceutical companies in the 
world and will break into the top 10 by 2008, Wood Mackenzie analysts say. In 
addition, five of the 10 largest mergers and acquisitions in 2003 were within 
the biotechnology sector, indicating continued growth and maturity.

"Our research shows what the industry has suspected: biotechnology companies 
have truly come into their own," says Jim Hall, life-sciences president, Wood 
Mackenzie (woodmac.com). "As biotechs increasingly retain ownership of their 
developmental compounds and create more targeted blockbuster drugs, they will 
grow faster than pharmaceutical companies."

Biotechnology companies will continue to take prominent positions among the top 
pharmaceutical companies, according to James A. Lebovitz, partner and chair, 
the business and technology group, Dechert LLP (dechert.com), and a member of 
Dechert’s health law group. "Right now, you can distinguish between the Pfizers 
and the Mercks, and the Amgens, Biogen Idecs, and Genentechs, but the 
distinctions are becoming fewer and fewer," he says. "As more biotech companies 
get bigger products that are just huge revenue generators, they will start to 
be mentioned in the same breath as those pharmaceutical companies."

 


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