The growth of the pharmaceutical companies in New Jersey is driven by several factors, including a lower cost of living, strong research from area campuses, a long history of big pharma, and an accommodating state government.
Due to facility expansions, acquisitions, and research institution mergers, as well as an increase in companies moving or starting operations in the Garden State, New Jersey is seeing a surge in pharmaceutical activity.
The state is also known for being a center for new drug approvals. So far this year, 16 of the 27 new FDA-approved products have come from companies with a significant presence in New Jersey. In 2014, 40% of drugs approved by the FDA came from companies with a strong presence in the state.
More than 3,000 companies in the pharma, medtech, and life sciences industries are currently located in New Jersey. The number is likely to rise in the coming years.
Growth and development of the pharmaceutical companies in New Jersey
Geography also plays a significant role in the development of the pharmaceutical industry in New Jersey.
Camden, Princeton, and South Brunswick are close to Wall Street and the US Food and Drug Administration in New York City, as well as a two-hour train ride to Washington, D.C. The time zone also makes it possible to conduct business with agencies in both California and the United Kingdom on the same day, according to Hart.
Several companies, including Pozen and Celgene, have recently taken steps to establish a presence in New Jersey. Celgene was the unidentified buyer of Merck & Co.’s former 1 million-square-foot R&D facility in Summit, New Jersey.
The Garden State’s operating tax credit, which allows businesses to sell their net operating losses to the New Jersey Treasury, makes doing business in New Jersey popular.
Celgene, one of the state’s most well-known biotechs, used the program until it became profitable, which helped it stay in the state, according to local officials.
It’s no secret that businesses prefer lower tax rates, which is why some have sought to relocate their corporate headquarters overseas.
Traditional pharmaceutical companies have thus spent years attempting to: acquire smaller pharmaceutical firms in order to benefit from the latter’s discoveries and agile corporate size; pursue treating “rare diseases” (those affecting 200,000 or fewer patients globally) as a business strategy; and, more broadly, look to global markets with billions of potential patients.
Clinical trials for several iterations of the above scenario are set to begin soon at Advaxis, which is based in Princeton and employs approximately 100 people.
The products have already been designed and developed, and many of them have gone through manufacturing training.
Pharmaceutical companies in New Jersey
Here’s a comprehensive list of some of the pharmaceutical companies operating in New Jersey:
Actavis LLC
Address: 5 Giralda Farms Madison, NJ, 07940-1027 United States
Phone: (862) 261-7000
Website: Click Here
Sales: $1.45 billion
Year Started: 1985
Akorn New Jersey Inc
Website: Click Here
Address: 1925 West Field Court, Suite 300 | Lake Forest, IL 60045
Phone: 1-800-932-5676
Email: [email protected]
Allergan, Inc.
Address: 5 Giralda Farms Madison, NJ, 07940-1027 United States
Phone: (862) 261-7000
Website: Click Here
Sales: $2.63 billion
Year Started: 1977
Incorporated: 1977
Alvogen Group, Inc.
Address: 44 Whippany Rd Ste 300 Morristown, NJ, 07960-4558 United States
Phone: (973) 796-3400
Website: Click here
Sales: $568.17 million
Year Started: 2007
Incorporated: 2007
Amerigen Pharmaceuticals
Address: 9 Polito Ave #900, Lyndhurst, NJ 07071, United States
Phone: +1 732-993-9827
Amneal Pharmaceuticals, Inc.
Address: 400 Crossing Blvd FL 3 Bridgewater, NJ, 08807-2863 United States
Phone: (908) 947-3120
Website: Click Here
Sales: $1.63 billion
Year Started: 2002
Incorporated: 2017
Arxada America LLC
Address: 412 Mount Kemble Ave Ste 200S Morristown, NJ, 07960-6666 United States
Phone: (201) 316-9200
Sales: $1.83 billion
Year Started: 1980
Aspire Pharmaceuticals Inc
Website: Click Here
Email: [email protected]
Phone: 732-447-1444
Address: 41 Veronica Ave, Somerset NJ, 08873
Aurobindo Pharma U.S.A., Inc.
Address: 279 Princeton Hightstown Rd East Windsor, NJ, 08520-1401 United States
Phone: (732) 839-9400
Website: Click Here
Sales: $1.43 billion
Year Started: 2003
Incorporated: 2004
BASF Corporation
Address: 100 Park Ave Florham Park, NJ, 07932-1089 United States
Phone: (800) 962-7831
Website: Click Here
Sales: $2.23 billion
Year Started: 1873
Incorporated: 1977
Barr Laboratories, Inc.
Address: 400 Interpace Pkwy Ste A1 Parsippany, NJ, 07054-1119 United States
Phone: (215) 591-3000
Sales: $1.44 billion
Year Started: 2003
Incorporated: 2003
Bausch Health Americas, Inc.
Address: 400 Somerset Corporate Blvd Bridgewater, NJ, 08807-2867 United States
Phone: (908) 927-1400
Website: Click Here
Sales: $2.82 billion
Year Started: 1994
Incorporated: 1994
Bayer Healthcare LLC
Address: 100 Bayer Blvd Whippany, NJ, 07981-1544 United States
Phone: (862) 404-3000
Sales: $1.70 billion
Year Started: 2002
Capsugel, Inc.
Address: 412 Mount Kemble Ave Ste 200C Morristown, NJ, 07960-6674 United States
Phone: (201) 316-9200
Website: Click Here
Sales: $582.97 million
Year Started: 2011
Incorporated: 2011
Catalent, Inc.
Address: 14 Schoolhouse Rd Somerset, NJ, 08873-1213 United States
Phone: (732) 537-6200
Website: Click Here
Sales: $4.00 billion
Sales Growth: 29.22%
Year Started: 2007
Incorporated: 2007
Celgene Corporation
Address: 86 Morris Ave Summit, NJ, 07901-3915 United States
Phone: (908) 673-9000
Sales: $15.28 billion
Year Started: 1986
Incorporated: 1986
Church & Dwight Co., Inc.
Address: 500 Charles Ewing Blvd Ewing, NJ, 08628-3448 United States
Phone: (609) 806-1200
Website: Click Here
Sales: $5.19 billion
Sales Growth: 12.35%
Year Started: 1846
Incorporated: 1925
Chugai Pharma USA, Inc.
Address: 300 Connell Drive, Suite 3100 Berkeley Heights, NJ 07922
Phone: +1 908-516-1350
Glaxosmithkline Consumer Healthcare Holdings (us) LLC
Address: 184 Liberty Corner Rd Ste 200 Warren, NJ, 07059-6870 United States
Phone: (215) 751-5046
Website: Click Here
Sales: $569.44 million
Year Started: 2015
Hoffmann-La Roche Inc.
Address: 150 Clove Rd Ste 8 Little Falls, NJ, 07424-2139 United States
Phone: (973) 890-2268
Website: Click Here
Sales: $1.08 billion
Year Started: 1905
Incorporated: 1928
Integra Lifesciences Holdings Corporation
Address: 1100 Campus Rd Princeton, NJ, 08540-6650 United States
Phone: (609) 275-0500
Sales: $1.54 billion
Sales Growth: -9.6%
Year Started: 1989
Incorporated: 1989
Ingenus Pharmaceuticals NJ, LLC
Address: 140 New Dutch Lane Fairfield, New Jersey 07004
Phone: (862) 210-8536
Email: [email protected]
Janssen Pharmaceuticals, Inc.
Address: 1125 Bear Tavern Rd Titusville, NJ, 08560-1499 United States
Phone: (609) 730-2000
Sales: $1.26 billion
Year Started: 1978
Johnson & Johnson
Address: 1 Johnson AND Johnson Plz New Brunswick, NJ, 08933-0002 United States
Phone: (732) 524-0400
Website: Click Here
Sales: $93.78 billion
Sales Growth: 0.64%
Year Started: 1886
Incorporated: 1887
Kedrion Biopharma Inc.
Address: 400 Kelby St Ste 11 Fort Lee, NJ, 07024-2938 United States
Phone: (201) 242-8900
Website: Click Here
Sales: $588.40 million
Year Started: 2011
Incorporated: 2011
Merck & Co., Inc.
Address: 2000 Galloping Hill Rd Kenilworth, NJ, 07033-1310 United States
Phone: (908) 740-4000
Website: Click Here
Sales: $48.70 billion
Sales Growth: 2.46%
Year Started: 1891
Incorporated: 1970
Mindray Ds Usa, Inc.
Address: 800 MacArthur Blvd Mahwah, NJ, 07430-2001 United States
Phone: (201) 995-8000
Website: Click Here
Sales: $572.42 million
Year Started: 2008
Novartis Corporation
Address: 1 S Ridgedale Ave Ste 122 East Hanover, NJ, 07936-3142 United States
Phone: (212) 307-1122
Website: Click Here
Sales: $49.67 billion
Year Started: 1903
Incorporated: 1966
Novo Nordisk Inc.
Address: 800 Scudders Mill Rd Plainsboro, NJ, 08536-1606 United States
Phone: (609) 987-5800
Website: Click Here
Sales: $8.00 billion
Year Started: 1982
Incorporated: 1982
Organon & Co.
Address: 30 Hudson St FL 17 Jersey City, NJ, 07302-4805 United States
Phone: (551) 430-6900
Website: Click Here
Sales: $578.58 million
Year Started: 2020
Ortho Clinical Diagnostics Holdings PLCs
Address: 1001 US Highway 202 Raritan, NJ, 08869-1424 United States
Phone: (908) 218-8000
Website: Click Here
Sales: $1.77 billion
Year Started: 2020
Phibro Animal Health Corporation
Address: 300 Frank W Burr Blvd Ste 21 Teaneck, NJ, 07666-6712 United States
Phone: (201) 329-7300
Website: Click Here
Sales: $833.35 million
Sales Growth: 4.12%
Year Started: 1946
Incorporated: 2014
Pts Intermediate Holdings LLC
Address: 14 Schoolhouse Rd Somerset, NJ, 08873-1213 United States
Phone: (732) 537-6200
Website: Click Here
Sales: $1.55 billion
Year Started: 2007
Quest Diagnostics Incorporated
Address: 500 Plaza Dr Ste G Secaucus, NJ, 07094-3656 United States
Phone: (973) 520-2700
Website: Click Here
Sales: $10.79 billion
Sales Growth: 22.15%
Year Started: 1967
Incorporated: 1990
Sandoz Inc.
Address: 100 College Rd W Princeton, NJ, 08540-6604 United States
Phone: (609) 627-8500
Website: Click Here
Sales: $709.04 million
Year Started: 1963
Incorporated: 1975
Sanofi-Synthelabo LLC
Address: 55 Corporate Dr Bridgewater, NJ, 08807-1265 United States
Phone: (908) 981-5000
Sales: $2.05 billion
Year Started: 1989
Incorporated: 1989
Sun Pharmaceutical Industries, Inc.
Address: 2 Independence Way Princeton, NJ, 08540-6620 United States
Phone: (609) 495-2800
Website: Click Here
Sales: $800.00 million
Year Started: 1984
Incorporated: 1984
Teva Pharmaceuticals Usa, Inc.
Address: 400 Interpace Pkwy Ste A1 Parsippany, NJ, 07054-1119 United States
Phone: (215) 591-3000
Website: visit
Sales: $2.89 billion
Year Started: 1985
Vitamin Shoppe Industries LLC
Address: 300 Harmon Meadow Blvd Ste 505 Secaucus, NJ, 07094-3638 United States
Phone: (201) 552-6000
Sales: $641.64 million
Year Started: 1977
Zoetis Inc.
Address: 10 Sylvan Way Ste 105 Parsippany, NJ, 07054-3825 United States
Phone: (973) 822-7000
Website: Click Here
Sales: $6.67 billion
Sales Growth: 6.63%
Year Started: 1952
Incorporated: 2012
FAQs about the pharmaceutical companies in New Jersey
- What pharmaceutical companies are the top players in New Jersey?
Johnson & Johnson headquartered in New Brunswick, NJ. Known as Merck in the United States and Canada, the company is known as MSD in the rest of the world, Bristol-Myers Squibb, Novartis, Celgene, Bayer HealthCare, Sanofi, Stryker Orthopedics are some of the top players in New Jersey.
- How many pharmaceutical firms are there in New Jersey?
In 2014, 40% of drugs approved by the FDA came from companies with a strong presence in the state. More than 3,000 companies in the pharma, medtech, and life sciences industries are currently located in New Jersey.
- Is Pfizer headquartered in New Jersey?
Pfizer Inc. is a pharmaceutical and medicine manufacturing company headquartered in Warren, New Jersey, United States.
- How many biotech companies are there in New Jersey?
And, whereas New Jersey had only 30 biotechnology firms in 1994, the state now has over 350 such firms, a result that not only reflects New Jersey’s “Medicine Chest of the World” history but also reveals a rapidly advancing scientific community that has sequenced the human genome and can sequence the human genome.
Conclusion
New Jersey has a long history of developing life-saving medicine, dating back over a century. New Jersey has it all for life sciences companies: research, talent, funding, available space, university partnerships, and industry expertise.
The city is home to 14 of the top 20 pharmaceutical companies. Several industry leaders, including Celgene (a pioneer in oncology, acquired by Bristol-Myers Squibb for $74 billion in 2019) and Amicus Therapeutics, have found success here (which received its first FDA approval for rare diseases in 2018).
New Jersey has the highest density of scientists and engineers per square mile in the United States, as well as over 3,200 life sciences companies operating in all sectors. New Jersey is the only state that has a concentration in four of the five bioscience subsectors.
Recommendations
- Top pharmaceutical companies in Texas
- List of 40 pharmaceutical companies in South Korea
- Best pharmaceutical companies in Indonesia
- List of pharmaceutical companies in Ukraine
- Top pharmaceutical companies in the UK
Chibueze Uchegbu is a certified medical physiologist with a great passion for healthy living.
One comment