Top 25 Biotech Companies of 2016, The Lists, GEN, top biotech companies.#Top #biotech #companies


GEN Exclusives

Traditional Drug Developers Have Mostly Seen Smoother Sailing Than Biotechs

CRISPR Is Not Yet King of the Clinic

Biotechnology Rolls on Despite Brexit Uncertainty

Tool Suppliers Are Developing Arrayed Libraries and Synthetic gRNAs for More Precise, Targeted Genome Manipulations

The Lists

Top 25 Biotech Companies of 2016

Wall Street Decline Takes Its Toll on Market Capitalizations

Top biotech companies

The total market capitalization of the 25 companies on this year’s list has slid 14.5%, yet this year’s total is still 5.6% above the combined $990.89 billion market cap of the Top 25 Biotech Companies of 2014.

A year after biotech stocks began trending down, as investors retreated from the markets based on fears that public anger over rising drug costs would lead to price curbs imposed by Washington, the results can be seen in this year s GEN list of Top 25 Biotech Companies.

The total market capitalization of the 25 companies on this year s list has slid 14.5%, to 1.047 trillion, from $1.225 trillion last year. Yet this year s total is still 5.6% above the combined $990.89 billion market cap of the Top 25 Biotech Companies of 2014, so investors who stuck out the volatile biotech market of the past year have something to show for their endurance.

Following is a list of 25 biotech companies, ranked by their market cap as of September 6 as furnished by the exchanges on which they trade their shares, or by other publicly available sources.

The minimum market cap of GEN Top-25 biotech companies this time around is just over $7 billion, compared with just under $10 billion a year ago, and $2.3 billion for the lowest of the Top 25 Biotech Companies of 2013, the first year GEN published this list.

While six biotechs showed market-cap gains, most companies listed lost market cap compared with 2015. Valeant Pharmaceuticals International showed the most erosion, falling from #6 to #22, reflecting the company s sharp decline of its stock price from $257.53 on July 1, 2015, to $30.27 on September 7 following a series of problems that include lawsuits over the pricing of its drugs, and the disclosure that the company used specialty pharmacies to store inventory and record the transactions as sales.

One company that would have placed #21 this year, Medivation, was not included this year because it is being acquired by Pfizer for $14 billion, in a deal expected to close by year s end.



Leave a Reply

Your email address will not be published. Required fields are marked *