Biotechnology - Genomic and Proteomics/IP Profile of Biggest for-profit companies in BGP

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Introduction

The US biotechnology industry includes about 1,000 companies, with combined annual revenue close to $50 billion. Large companies include Amgen, Monsanto, Genentech, and Biogen. The biotechnology and the pharmaceutical industries overlap considerably, since many drugs are now developed using biotechnology. The industry consists of a few very large companies and many very small ones, and is fragmented by type of product. Most companies have annual sales under $50 million.

Industry overview here: Biotechnology Industry Organization

Key Industry Statistics Key Industry Figures 2008

  • Industry Revenue: 85,695.4$Mil
  • Revenue Growth: 12.9%
  • Industry Gross Product: 58,539.2 $Mil
  • Number of Establishments: 6,815 Units
  • Number of Enterprises: 6,480 Units
  • Employment: 341,000 Units
  • Exports: 7,251$Mil
  • Imports: 2,954.7$Mil
  • Total Wages: *20,630.9$Mil

Source: Ibis World

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