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July 9, 2010
By: Gil Roth
Our rules for inclusion on the Top 10 Biopharma list are as follows: you’re a biopharma company if more than half of your drug revenues — not royalties — come from large-molecule drugs and vaccines. It’s arbitrary, but it’s worked pretty well for the past decade. This year, it means that Roche/Genentech has become the world’s #1 biopharma, marking the first change at the top in 10 years. The rest of this year’s list is consistent with the previous year’s ranks, which is both a sign of the stability among biopharmas and a sign of the difficulty in commercializing new biologics without a major partner. Several of the Top 10 are legit takeover targets, but no buyout deal is likely to close before the end of the year, so the biggest opportunity for a change is between the 7 and 8 spots, if Genzyme’s production woes cause enough of a revenue drop to allow CSL to slip by. 10th anniversary note: in our first edition, Amgen was tops with biopharma revenues of $3.2 billion. There are now eight companies with revenues higher than that!
—Gil Y. Roth, Editor
* CSL’s financial year ran from July 1, 2008 to June 30, 2009
All profiles written by Gil Roth, except Baxter Bioscience by Kristin Brooks
The Lowe Down capsules written by Derek Lowe
All pipeline information compiled by Kristin Brooks
Visit our Top 20 Pharma report!
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