IW U.S. 500: Top Biotechnology and Pharmaceutical Companies (slideshow)
While not as dominant as oil and gas producers, pharmaceutical and biotechnology manufacturers had fantastic results in 2022, driven in some cases by COVID-19 vaccines and by general growth in others.
After having been shut out of the 2022 IW U.S. 500 list of America’s largest publicly traded manufacturers, a major pharmaceutical company took the No. 10 spot this year, leapfrogging a rival that placed No. 11.
As a group, the bio-pharma industry grew revenues by 6.5% in 2022 and achieved a 20% profit margin, earning $133.7 billion on $667.6 billion in sales. For details on how the Top 10 companies in the space performed, please browse through the slideshow.
2023 IW U.S. 500 Coverage
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- 2023 IW U.S. 500: Top Automotive Companies
- 2023 IW U.S. 500: Top Semiconductor and Equipment Companies
- 2023 IW U.S. 500: Top Electrical Equipment and Components Companies
- 2023 IW U.S. 500: Top Industrial Machinery Companies
- 2023 IW U.S. 500: Top Building Materials Companies
- 2023 IW U.S. 500: Top Aerospace and Defense Companies
- 2023 IW U.S. 500: Top Paper and Timber Companies
- 2023 IW U.S. 500: Oil & Gas Production Dominate Manufacturing
- The 2023 IW U.S. 500: A Radically Changed List that Asks Which Top Companies Really Manufacture Anything
- PDF Download of the IW U.S. 500 List
- IW U.S. 500 Rejects: Apple, Nike, Hasbro and 68 Other Companies that Don't Make Their Own Products Removed from Manufacturers List
- IW U.S. 500 Rejects List: Companies Pulled from the List Because They Don't Manufacture Products
About the Author
Robert Schoenberger
Editor-in-Chief
LinkedIn: linkedin.com/in/robert-schoenberger-4326b810
Bio: Robert Schoenberger has been writing about manufacturing technology in one form or another since the late 1990s. He began his career in newspapers in South Texas and has worked for The Clarion-Ledger in Jackson, Mississippi; The Courier-Journal in Louisville, Kentucky; and The Plain Dealer in Cleveland where he spent more than six years as the automotive reporter. In 2014, he launched Today's Motor Vehicles (now EV Manufacturing & Design), a magazine focusing on design and manufacturing topics within the automotive and commercial truck worlds. He joined IndustryWeek in late 2021.