Biotech companies dominate the life sciences landscape, offering investors opportunities for growth and innovation. Here are the top five biotech companies in terms of market capitalization in 2024
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Vertex Pharmaceuticals (NASDAQ:VRTX)
Market capitalization: US$105.58 billion
Vertex Pharmaceuticals focuses on developing and commercializing therapies for cystic fibrosis and other genetic disorders. With approved treatments for cystic fibrosis and a pipeline that includes gene and cell therapies, Vertex is at the forefront
of the fight against rare diseases.
Regeneron Pharmaceuticals (NASDAQ:REGN)
Market capitalization: US$102.47 billion
Regeneron Pharmaceuticals develops and markets drugs for the treatment of a wide range of diseases, including cancer, inflammatory diseases and rare diseases. With nine FDA-approved treatments, Regeneron is conducting innovative research at the Regeneron Genetics Center to accelerate the discovery of
new drugs.
Moderna (NASDAQ:MRNA)
Market capitalization: $39.97 billion
Moderna is a leader in mRNA-based medicine, with a wide range of therapies under development for infectious, oncological, rare and cardiovascular diseases. A partner of IBM in quantum computing research, Moderna is also expanding its manufacturing capabilities to provide mRNA vaccines on
a large scale.
Argenx (NASDAQ:ARGX)
Market capitalization: US$23.1 billion
Argenx, an immunology company based in Belgium, is developing new antibody-based drugs for the treatment of serious autoimmune diseases. With its Vyvgart product approved for the treatment of generalized myasthenia gravis, Argenx is conquering new markets, as evidenced by the approval in Japan for the
treatment of primary immune thrombocytopenia.
BioNTech (NASDAQ:BNTX)
Market capitalization: US$21.81 billion
BioNTech is at the forefront of cancer immunotherapy, with therapies based on mRNA, CAR-T cell and targeted antibodies. A partner of Pfizer in the development of the COVID-19 vaccine, BioNTech continues to expand, as demonstrated by the collaboration with Duality Biologics and the obtaining of Fast Track designation from the FDA for the treatment of platinum-resistant ovarian cancer
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