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Company Insights data table
Biotechnology is the use of biological systems and living organisms to make or modify products or processes for specific purposes. Agriculture, food production and medicine are the most common areas of application of biotechnology, along with other interdisciplinary fields such as genomics, applied immunology, and the development of pharmaceutical therapies and diagnostic tests. Over the last few years, the biotechnology sector became one of the most innovative industries in the European Union, with almost 7,300 patent applications filed at the EPO in 2019. Global biotech drug sales amounted to US$421 billion in 2022. This Company Insights data table shows essential KPIs of the world’s leading companies associated with the “Biotech” trend. It ranks them by overall revenue and includes household names such as Pfizer and Merck & Co.
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