Biotechnology Research Services
Industry Description
The US biotechnology research services industry includes about 2,400 establishments with combined annual revenue of around $17 billion. Major organizations engaged in biotechnology research include: the Scripps Research Institute and Jackson Laboratory; institutes affiliated with government research agencies and major universities, such as the Whitehead Institute (MIT); and the research departments of large biotechnology companies such as Amgen, Genentech, and Genzyme.The biotechnology research services industry does not include manufacturing or contract research organizations that test products for market.
NAICS: 541711
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Animal Production, Crop Production, Colleges & Universities, Venture Capital, Health Care Sector, Pharmaceutical Manufacturing, Drug Wholesalers , Biotechnology Product Manufacturing, Biofuel Manufacturing, Business & Professional Associations, Fruit & Tree Nut Farming, Testing Laboratories, Grain Farming, Waste Management ServicesTo get access to the full industry record, register now.
Top 5 Companies
| Company | Sales | Location |
|---|---|---|
| Quintiles Transnational Corp. | 3,000.00M | Durham, NC |
| Covance Inc. | 2,236.45M | Princeton, NJ |
| Pharmaceutical Product Development, Inc. | 1,470.57M | Wilmington, NC |
| PAREXEL International Corporation | 1,422.43M | Waltham, MA |
| Charles River Laboratories International, Inc. | 1,133.42M | Wilmington, MA |
There are 3,524 companies in this industry. To view all of them, register now.Trends
Streamlined Regulatory Approvals - Biotech companies are taking advantage of certain streamlined FDA...
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US consumer prices for medical care commodities, which may impact biotechnology firms' profitability, rose 3.2 percent in December 2011 compared to the same period in 2010.
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