Top 40 pharmaceutical companies in Colorado

The pharmaceutical companies in Colorado have shown tenacity in weathering the downturn and remaining committed to the R&D of new medicines.

This necessitates a massive, ongoing effort, investment in resources, scientific research, expertise, cutting-edge technologies, and abilities in project management.

It also necessitates dedication and long-term vision to incrementally build for the future, as science frequently does Today, new techniques and technologies are being developed, reimagining the research process, as well as the development of new treatments in the works for some of the world’s most severe diseases.

Pharmaceutical companies in Colorado have supported and will continue to support healthcare reforms that prioritize patients’ needs.

Key Objectives of The Pharmaceutical Companies in Colorado

The pharmaceutical companies in Colorado have provided access to health care for all their people; a commitment to health care quality; a greater emphasis on disease prevention; and continued medical progress through research advances. Through policy support, financial commitment, and scientific focus, the sector assisted Colorado in moving toward these critical goals in 2009.

As a result, the pharmaceutical industry remains an important partner in the advancement of the nation’s health care and economic progress.

Some of their key objectives include:

  • Improving patient outcomes
  • Energizing our city’s economic recovery
  • Expanding access to health care
  • Catalyzing continued progress through R&D

Important medical developments and products

  • In the 1990s, Richard Schmit at the University of Colorado’s Anshutz Medical Campus developed Botox®-based treatments for a variety of urological conditions, including overactive bladder. CU has received $30 million in royalty payments as a result of this research.
  • Colorado State University Distinguished Professor Dr. Ed Hoover, in collaboration with Harvard researchers, created a vaccine by molecular cloning a feline leukemia virus. This vaccine, marketed as Fel-O-Vax®, has been administered to millions of cats worldwide. Feline leukemia is now uncommon in pet cats as a result of vaccination.
  • The vaccine for shingles was developed by Myron Levin, M.D., a professor of pediatrics and medicine at the University of Colorado Anschutz Medical Campus. Merck’s ZOSTAVAX® vaccine, which is sold under the brand name ZOSTAVAX®, was approved by the FDA in 2006.
  • Ambrisentan, marketed in the United States under the brand name Letairis®, was approved by the FDA in 2007 and the EMEA in 2008 for the treatment of pulmonary arterial hypertension. When Gilead acquired Myogen, a company based in Westminster, Colorado, in 2006, Ambrisentan was the lead product candidate.
  • PharmaJet Inc., based in Golden, Colorado, recently became the World Health Organization’s first and only needle-free injection company to receive Performance, Quality, and Safety (PQS) pre-qualified certification (WHO). The company’s Stratis® jet injectors can now be purchased and used for mass immunization campaigns. Thanks to this certification, WHO and UNICEF are conducting global surveys.

Pharmaceutical Companies in Colorado

Here’s a comprehensive list of pharmaceutical companies operating in Colorado:

AGC Biologics, Inc.

Address: 4000 Nelson Rd Longmont, CO, 80503-9004 United States

Phone: (425) 485-1900

Revenue: $3.27 million

Year Started: 2021

Arca Biopharma, Inc.

Address: 10170 Church Ranch Way Unit 100 Westminster, CO, 80021-6059 United States Phone: (720) 940-2200

Website: Visit

Revenue: $3.61 million

Assets: $50

Year Started: 1992

Incorporated: 2004

Archerdx, LLC

Address: 2477 55TH St Ste 202 Boulder, CO, 80301-5703 United States

Phone: (303) 357-9001

Website: Visit

Revenue: $9.41 million

Year Started: 2012

Array Biopharma Inc.

Address: 3200 Walnut St Boulder, CO, 80301-2514 United States

Phone: (303) 381-6600

Website: Visit

Revenue: $173.77 million

Sales Growth: 15.19%

Year Started: 1998

Incorporated: 1998

Aytu Biopharma, Inc.

Address: 373 Inverness Pkwy Ste 206 Englewood, CO, 80112-5898 United States

Phone: (720) 437-6580

Website: Visit

Revenue: $65.63 million

Sales Growth: 137.52%

Year Started: 2002

Incorporated: 2015

Balanced Health Botanicals, LLC

Address: 1720 S Bellaire St PH Denver, CO, 80222-4324 United States

Phone: (970) 215-7915

Website: Visit

Revenue: $39.91 million

Year Started: 2016

Charlotte’s Web, Inc.

Address: 1801 California St Ste 4800 Denver, CO, 80202-2666 United States

Phone: (720) 744-0181

Website: Visit

Revenue: $95.23 million

Year Started: 2018

Clovis Oncology, Inc.

Address: 5500 Flatiron Pkwy Unit 100 Boulder, CO, 80301-2834 United States

Phone: (303) 625-5000

Website: Visit

Revenue: $148.76 million

Sales Growth: 15.05%

Year Started: 2009

Incorporated: 2009

Clvm LLC

Address: 6598 Buttercup Dr. Unit 4 Wellington, CO, 80549-2289 United States

Phone: (970) 825-5173

Website: Visit

Revenue: $5.00 million

Year Started: 2015

Colorado Serum Company

Address: 4950 York St Denver, CO, 80216-2246 United States

Phone: (303) 295-7527

Website: Visit

Revenue: $24.60 million

Year Started: 1923

Incorporated: 1923

Corden Pharma Colorado, Inc.

Address: 2075 55TH St Boulder, CO, 80301-2803 United States

Phone: (303) 442-1926

Revenue: $110.00 million

Year Started: 1946

Incorporated: 1971

Corgenix Medical Corporation

Address: 11575 Main St Unit 400 Broomfield, CO, 80020-2782 United States

Phone: (303) 457-4345

Website: Visit

Revenue: $17.54 million

Year Started: 1999

Dropworks, Inc.

Address: 2560 55TH St Ste 100 Boulder, CO, 80301-5805 United States

Phone: (720) 815-5301

Website: Visit

Revenue: $7.78 million

Year Started: 2016

Evg Extracts LLC

Address: 35715 US Hwy 40 Ste D-202 Evergreen, CO, 80439 United States

Phone: (833) 235-8223

Website: Visit

Revenue: $10.00 million

Year Started: 2016

Extractiontek Sales LLC

Address: 4975 Miller St Unit A Wheat Ridge, CO, 80033-2210 United States

Phone: (720) 515-9254

Website: Visit

Revenue: $4.32 million

Year Started: 2012

Extract Labs, LLC

Address: 1399 Horizon Ave Lafayette, CO, 80026-9304 United States

Phone: (303) 927-6130

Website: Visit

Revenue: $5.08 million

Year Started: 2017

Globeimmune, Inc.

Address: 1450 Infinite Dr. Louisville, CO, 80027-9440 United States

Phone: (303) 625-2700

Website: click here

Revenue: $4.07 million

Sales Growth: 8.24%

Year Started: 1995

Incorporated: 2002

Heritage Health Products Company

Address: 453 Industrial Dr. Unit A Fort Collins, CO, 80524-4790 United States

Phone: (970) 484-7120

Website: Visit

Revenue: $6.77 million

Year Started: 1993

Incorporated: 1993

Heska Corporation

Address: 3760 Rocky Mountain Ave Loveland, CO, 80538-7084 United States

Phone: (970) 493-7272

Website: Visit

Revenue: $253.74 million

Sales Growth: 60.87%

Year Started: 1988

Incorporated: 1997

Innovus Pharmaceuticals, Inc.

Address: 373 Inverness Pkwy Ste 206 Englewood, CO, 80112-5898 United States

Phone: (858) 964-5123

Website: Visit

Revenue: $23.99 million

Year Started: 1959

Incorporated: 2007

Kbi Biopharma Boulder, LLC

Address: 2500 Central Ave Boulder, CO, 80301-2864 United States

Phone: (303) 339-5600

Website: Visit

Revenue: $19.06 million

Year Started: 2014

Levo Oil Infusion LLC

Address: 4021 W 30TH Ave Denver, CO, 80212-1405 United States

Phone: (720) 507-5235

Website: Visit

Revenue: $4.19 million

Year Started: 2016

Liquidyne Process Technologies, Inc.

Address: 11925 I 70 Frontage Rd N Ste 700 Wheat Ridge, CO, 80033-7128 United States

Phone: (303) 205-9050

Website: Visit

Revenue: $4.80 million

Year Started: 1993

Incorporated: 2001

Medicine Man Technologies, Inc.

Address: 4880 Havana St Ste 201 Denver, CO, 80239-2408 United States

Phone: (303) 371-0387

Website: click here

Revenue: $24.00 million

Sales Growth: 126.03%

Year Started: 2014

Incorporated: 2014

Molecular Products Inc.

Address: 633 Ctc Blvd Ste 200 Louisville, CO, 80027-3149 United States

Phone: (303) 666-4400

Website: Visit

Revenue: $25.59 million

Year Started: 1996

Incorporated: 1996

Mountain Sleep Diagnostics Incorporated

Address: 191 Telluride St Unit 5 Brighton, CO, 80601-4356 United States

Phone: (303) 396-2992

Website: Visit

Revenue: $3.14 million

Year Started: 2011

Incorporated: 2011

Myaderm Inc

Address: 88 Inverness Cir E Unit A101 Englewood, CO, 80112-5504 United States

Phone: (303) 927-7264

Website: Visit

Revenue: $5.01 million

Year Started: 2017

Panacea Life Sciences Holdings, Inc.

Address: 5910 S University Blvd C18-193 Greenwood Village, CO, 80121-2879 United States

Phone: (800) 985-0515

Website: Visit

Revenue: $9.02 million

Sales Growth: 499.11%

Year Started: 2008

Incorporated: 2008

Pantheryx, Inc.

Address: 4845 Pearl East Cir Ste 101 Boulder, CO, 80301-6113 United States

Phone: (303) 951-6883

Website: Visit

Revenue: $80.59 million

Year Started: 2007

Incorporated: 2007

Performix LLC

Address: 2255 Sheridan Blvd Unit C108 Edgewater, CO, 80214-1313 United States

Phone: (303) 468-4215

Website: click here

Revenue: $7.04 million

Year Started: 2014

Pure Harvest Hemp, Inc.

Address: 7400 E Crestline Cir Ste 130 Greenwood Village, CO, 80111-3655 United States Phone: (800) 560-5148

Revenue: $9.88 million

Year Started: 2019

Incorporated: 2019

Red Ace LLC

Address: 1942 Broadway Ste 314 Boulder, CO, 80302-5233 United States

Phone: (303) 209-3745

Website: Visit

Revenue: $8.92 million

Year Started: 2011

Silvergate Pharmaceuticals, Inc.

Address: 6251 Greenwood Plaza Blvd Ste 101 Greenwood Village, CO, 80111-4808 United States

Phone: (855) 379-0382

Website: Visit

Revenue: $12.47 million

Year Started: 2012

Incorporated: 2010

Sonex Labs LLC

Address: 1331 Red Cedar Cir Ste 104 Fort Collins, CO, 80524-2187 United States

Phone: (303) 994-0734

Website: Visit

Revenue: $20.00 million

Year Started: 2019

Staq Pharma, Inc

Address: 14135 E 42ND Ave Ste 50 Denver, CO, 80239-5214 United States

Phone: (720) 961-2759

Website: click here

Revenue: $10.91 million

Year Started: 2018

Incorporated: 2010

St. Renatus, LLC

Address: 1000 Centre Ave Ste 120 Fort Collins, CO, 80526-2107 United States

Phone: (970) 282-0156

Website: Visit

Revenue: $3.59 million

Year Started: 2008

Tolmar Holding, Inc.

Address: 701 Centre Ave Fort Collins, CO, 80526-1843 United States

Phone: (970) 212-4500

Website: Visit

Revenue: $225.91 million

Year Started: 2009

Incorporated: 2009

United Cannabis Corporation

Address: 14143 Denver West Pkwy Ste 100 Lakewood, CO, 80401-3275 United States

Phone: (303) 386-7321

Website: Visit

Revenue: $7.24 million

Sales Growth: 1,899.49%

Year Started: 2007

Incorporated: 2014

Ventria Bioscience Inc.

Address: 320 E Vine Dr Ste 131 Fort Collins, CO, 80524-2313 United States

Phone: (800) 916-8311

Website: Visit

Revenue: $5.81 million

Year Started: 2013

Incorporated: 1993

Zila, Inc.

Address: 701 Centre Ave Fort Collins, CO, 80526-1843 United States

Phone: (970) 212-4500

Revenue: $104.88 million

Year Started: 1993

Incorporated: 1993

Frequently Asked Questions on the pharmaceutical companies in Colorado

How much is spent on pharmaceutical research each year in Colorado?

Over $500 million is spent in bio-related sponsored research funding each year.

How many FDA-approved drugs have been developed in Colorado?

CU has developed 4 FDA-approved drugs, including Kineret, Macugen, Zostavax, and Botox (use). CU(Colorado University) faculty are testing new drugs in clinical trials.

How many pharmaceutical companies are in Colorado?

Since 1994, over 80 pharmaceutical companies are operating in Colorado. Colorado is currently licensed to 155 bioindustry partners.

What is the pharmaceutical regulatory body in Colorado?

The Colorado State Board of Pharmacy is in charge of regulating pharmacists, pharmacy interns, pharmacy technicians, in-state and nonresident pharmacies, in-state and out-of-state prescription drug wholesalers, satellite pharmacies, specialized prescription drug outlets, other outlets, and limited licenses.

Conclusion

The pharmaceutical companies in Colorado play a critical role. It is a major source of R&D investment and high-paying jobs, and it has made a significant contribution to overall health and well-being through the continuous flow of new and innovative drugs for the treatment of all types of human illnesses.

Nonetheless, few Colorado economies have more stringent regulations than the pharmaceutical industry. Regulation influences every stage of a pharmaceutical product’s life cycle, from initial conception to marketing approval, commercialization, patent expiration, and generic competition.

The effect of health insurance and the mechanisms established by health insurers to control pharmaceutical demand, in particular, have a significant impact on the nature of competition in the pharmaceutical marketplace.

Formulary use, drug utilization review procedures, prescribing guidelines, and price controls are examples of these mechanisms.

Their effectiveness varies depending on the insurer. Contracting out for these pharmacy benefit management services could improve the quality of these mechanisms and the effectiveness of overall drug spending.

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