We had a look into European biotech and created a map with the biggest biotech companies in each country, according to their market cap.
Biotech is one of the biggest employers in Europe, where companies of all sizes strive to bring the most innovative technology to the market. To illustrate the dynamic biotech ecosystem in Europe, we selected the biggest company in each country, using their market cap as a reference.
Actelion, based in Switzerland, used to be the largest independent biotech in Europe. However, the majority of the company was recently acquired by Johnson & Johnson, and its R&D pipeline will be spun out into a smaller biotech. Basilea is now the leader in Switzerland, while the title of biggest company is for Genmab, a Danish antibody expert fighting cancer and multiple sclerosis.
In addition, Europe counts with a few billion-euro biotechs that you’ll find on the map, such as Galapagos in Belgium, Prothena in Ireland, DBV Technologies in France or MorphoSys in Germany.
But let’s answer the most burning questions: which biotech is the biggest in your country? Are your neighbors doing better? Check it out!
Note: Purely pharmaceutical companies have not been considered, and because the ranking is by market cap, private companies have also been excluded.