40 top pharmaceutical companies in New York City
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The pharmaceutical companies in New York City are an important part of the state’s economy and have the potential to play an increasingly important role as the industry grows.
To help the expansion, New York has the potential to be a leader in the pharmaceutical industry, generating additional tax revenue by creating new high-wage jobs and stimulating the upstate economy
As New York strives to expand its pharmaceutical industry, it is up against stiff competition from other states. California, for example, is one of these states. Connecticut, New Jersey, and Pennsylvania are among the states involved.
These states are attempting to profit from the economic advantages associated with the pharmaceutical industry by putting money into resources to help the industry.
Many of these initiatives are specifically aimed at stem cell research, which has become increasingly reliant on state and private funding as a result of strict limits placed on federal funds used for this research.
The economic impact of pharmaceutical companies in New York as a distinct industry is currently difficult to assess due to the method of collecting data; however, the combined impact of the biotech and pharmaceutical industries can be calculated.
In 2003, the biotech and pharmaceutical industries in New York employed 54,469 people and paid $3.3 billion in wages. On average, each job created within these industries generates one additional job outside of these industries.
Thus, in 2003, these industries supported approximately 110,000 jobs and $18.1 billion in economic activity in New York. Allowing these industries to keep up with national growth projections could result in 7,000 new pharmaceutical and biotech jobs, as well as 15,000 new jobs in New York by 2012.
Overview of pharmaceutical companies in New York City
New York City has long had a thriving health economy, with world-class academic medical centers, global pharmaceutical companies, large payors, and all of the professional services that propel the industry forward, including consulting, finance, law, media, and marketing.
Pharmaceutical companies in New York have grown exponentially over the last decade as a result of city-led initiatives, the rapid growth of digital health, and the establishment of the New York Genome Center and the Alexandria Center for Life Science.
There is a lot of momentum, which makes New York City an excellent place to start and grow a pharmaceutical career.
The downstate region of New York is home to the majority of the state’s pharmaceutical industry. In 2002, New York City, Long Island, or Westchester accounted for two-thirds of the state’s pharmaceutical firms, with the City alone accounting for one-third.
However, Buffalo, Rochester, and the Capital Region continue to be important pharmaceutical hubs. While New York City is home to the majority of pharmaceutical firms, firms outside of the city are typically larger than those in the city.
According to the NYBA report, City firms had an average of 40 employees, while Albany-based firms had 167 employees, Lower Hudson Valley firms had 106 employees, and Long Island firms had an average of 70 employees.
This trend could be attributed to a lack of affordable space in New York, which forces businesses to relocate outside of the city to expand.
New York has traditionally been one of the top states for pharma patents, ranking among the top five states over the last six years. In 2003, approximately more than 100 pharmaceutical patents were registered in New York City, accounting for more than one-third of all patents registered in the state. Other research centers, such as Albany and Rochester, received significant numbers of patents, though far fewer than New York City.
Pharmaceutical companies in New York
Here’s a list of some of the pharmaceutical companies in New York:
- 3v Company, Inc.
Address: 110 Bridge St Ste 3 Brooklyn, NY, 11201-1575 United States
Phone: (718) 858-7333
Website: Click here
Revenue: $7.24 million
Year Started: 1960
Incorporated: 1984
- Abh Nature’s Products, Inc.
Address: 131 Heartland Blvd Edgewood, NY, 11717-8315 United States
Phone: (631) 249-5783
Website: Click here
Revenue: $13.91 million
Year Started: 1994
Incorporated: 1994
- Applied Dna Sciences, Inc.
Address: 50 Health Sciences Dr. Stony Brook, NY, 11790-3349 United States
Phone: (631) 240-8800
Website: Click here
Revenue: $9.03 million
Sales Growth: 367.4%
Year Started: 1983
Incorporated: 2008
- Atlantic Essential Products, Inc.
Address: 7 Oser Ave Ste 1 Hauppauge, NY, 11788-3811 United States
Phone: (631) 434-8333
Revenue: $8.28 million
Year Started: 1999
Incorporated: 1999
- A & Z Pharmaceutical Inc.
Address: 350 Wireless Blvd Ste 200 Hauppauge, NY, 11788-3947 United States
Phone: (631) 952-3802
Revenue: $60.07 million
Year Started: 1995
Incorporated: 1995
- Bausch & Lomb Holdings Incorporated
Address: 450 Lexington Ave New York, NY, 10017-3904 United States
Phone: (585) 338-6000
Website: Click here
Revenue: $2.14 billion
Year Started: 2007
- Bristol-Myers Squibb (BMS)
Address: 430 E 29TH St FL 14 New York, NY, 10016-8367 United States
Phone: (212) 546-4000
Website: Click here
Revenue: $46.39 billion
Sales Growth: 9.1%
Year Started: 1887
Incorporated: 1933
- Cellectis, Inc.
Address: 430 E 29TH St Ste 810 New York, NY, 10016-8367 United States
Phone: (347) 809-5980
Website: Click here
Revenue: $12.23 million
Year Started: 2021
Incorporated: 2014
- Chembio Diagnostic Systems Inc.
Address: 3661 Horseblock Rd Ste A Medford, NY, 11763-2244 United States
Phone: (631) 924-1135
Website: Click here
Revenue: $14.90 million
Year Started: 1985
Incorporated: 1992
- Clever Leaves Holdings Inc.
Address: 489 5TH Ave FL 27 New York, NY, 10017-6140 United States
Phone: (646) 880-4382
Revenue: $15.37 million
Year Started: 2020
- Cognigen Corporation
Address: 500 Seneca St Ste 600 Buffalo, NY, 14204-1963 United States
Phone: (716) 633-3463
Revenue: $9.59 million
Year Started: 2014
- Epic Pharma, LLC
Address: 22715 N Conduit Ave Laurelton, NY, 11413-3134 United States
Phone: (718) 276-8600
Website: Click here
Revenue: $51.15 million
Year Started: 2008
- Eyenovia, Inc.
Address: 295 Madison Ave FL 24 New York, NY, 10017-6354 United States
Phone: (917) 289-1117
Website: Click here
Revenue: $14.00 million
Assets: $33
Year Started: 2014
Incorporated: 2014
- FB Laboratories Inc.
Address: 70 Commerce Dr. Hauppauge, NY, 11788-3962 United States
Phone: (631) 963-6450
Website: Click here
Revenue: $11.73 million
Year Started: 2010
Incorporated: 2010
- Futurebiotics, LLC
Address: 70 Commerce Dr. Hauppauge, NY, 11788-3936 United States
Phone: (631) 273-6300
Website: Click here
Revenue: $6.25 million
Year Started: 2002
- Geritrex, LLC
Address: 40 Commercial Ave Middletown, NY, 10941-1444 United States
Phone: (914) 668-4003
Website: Click here
Revenue: $8.88 million
Year Started: 1978
Incorporated: 1987
- G S W Worldwide LLC
Address: 1180 Avenue OF The Americas FL 10 New York, NY, 10036-8402 United States
Phone: (646) 437-4800
Website: Click here
Revenue: $10.66 million
Year Started: 2005
- Innovative Labs, LLC
Address: 85 Commerce Dr. Hauppauge, NY, 11788-3902 United States
Phone: (631) 231-5522
Website: Click here
Revenue: $10.00 million
Year Started: 1996
- International Aids Vaccine Initative Inc.
Address: 125 Broad St FL 9 New York, NY, 10004-2743 United States
Phone: (212) 847-1111
Website: Click here
Revenue: $57.05 million
Year Started: 1996
Incorporated: 1996
- Iuvo Bioscience Operations, LLC
Address: 7500 W Henrietta Rd Rush, NY, 14543-9790 United States
Phone: (585) 533-1672
Revenue: $7.55 million
Year Started: 2015
- Kadmon Holdings, Inc.
Address: 450 E 29TH St New York, NY, 10016-8367 United States
Phone: (833) 900-5366
Revenue: $8.29 million
Sales Growth: 62.67%
Year Started: 2010
Incorporated: 2010
- Mercer Milling Co.
Address: 4698 Crossroads Park Dr. Liverpool, NY, 13088-3598 United States
Phone: (315) 701-1334
Website: Click here
Revenue: $14.64 million
Year Started: 1829
Incorporated: 1912
- MTC Industries, Inc.
Address: 255 Oser Ave Ste 1 Hauppauge, NY, 11788-3765 United States
Phone: (631) 274-4818
Website: Click here
Revenue: $9.97 million
Year Started: 1994
Incorporated: 1994
- Nature’s Value, Inc.
Address: 468 Mill Rd Coram, NY, 11727-4108 United States
Phone: (631) 846-2500
Revenue: $15.00 million
Year Started: 1992
Incorporated: 1992
- Nuvation Bio Operating Company Inc.
Address: 1500 Broadway Ste 1401 New York, NY, 10036-4055 United States
Phone: (332) 208-6102
Website: Click here
Revenue: $15.75 million
Year Started: 2018
Incorporated: 2018
- Ony Biotech Inc.
Address: 1576 Sweet Home Rd Amherst, NY, 14228-2710 United States
Phone: (716) 636-9096
Website: Click here
Revenue: $8.96 million
Year Started: 1985
Incorporated: 1985
- Pall Corporation
Address: 25 Harbor Park Dr. Port Washington, NY, 11050-4664 United States
Phone: (516) 484-5400
Website: Click here
Revenue: $2.10 billion
Year Started: 1946
- Petros Pharmaceuticals, Inc.
Address: 1185 Avenue OF The Americas FL 3 New York, NY, 10036-2600 United States
Phone: (973) 242-0005
Website: Click here
Revenue: $7.81 million
Year Started: 2020
- Pfizer Overseas LLC
Address: 235 E 42ND St New York, NY, 10017-5703 United States
Phone: (212) 733-2323
Website: Click here
Revenue: $10.82 million
Year Started: 1952
- Pharbest Pharmaceuticals Inc.
Address: 14 Engineers Ln Ste 1 Farmingdale, NY, 11735-1219 United States
Phone: (631) 249-5130
Website: Click here
Revenue: $8.88 million
Year Started: 2004
Incorporated: 2004
- Regeneron Pharmaceuticals
Address: 777 Old Saw Mill River Rd Tarrytown, NY, 10591-6707 United States
Phone: (914) 847-7000
Website: Click here
Revenue: $16.07 billion
Sales Growth: 89.14%
Year Started: 1988
Incorporated: 1988
- Sterrx, LLC
Address: 141 Idaho Ave Plattsburgh, NY, 12903-3987 United States
Phone: (518) 324-7879
Website: Click here
Revenue: $6.28 million
Year Started: 2012
- Taro Pharmaceuticals U.S.A., Inc.
Address: 3 Skyline Dr. Hawthorne, NY, 10532-2131 United States
Phone: (914) 345-9000
Revenue: $60.92 million
Year Started: 1965
Incorporated: 1965
- Tg Therapeutics, Inc.
Address: 2 Gansevoort St FL 9 New York, NY, 10014-1667 United States
Phone: (212) 554-4484
Website: Click here
Revenue: $6.69 million
Assets: $625
Year Started: 1993
Incorporated: 1993
- The Mentholatum Company
Address: 707 Sterling Dr. Orchard Park, NY, 14127-1587 United States
Phone: (716) 677-2500
Revenue: $52.93 million
Year Started: 1889
Incorporated: 1922
- Tongli Pharmaceuticals (USA), Inc.
Address: 4260 Main St APT 6F Flushing, NY, 11355-4737 United States
Phone: (212) 842-8837
Revenue: $6.98 million
Sales Growth: -28.29%
Year Started: 2008
Incorporated: 2007
- Unipharm, Inc.
Address: 350 5TH Ave Ste 6701 New York, NY, 10118-6708 United States
Phone: (212) 594-3260
Website: Click here
Revenue: $17.06 million
Year Started: 1992
Incorporated: 1992
- United-Guardian, Inc.
Address: 230 Marcus Blvd Hauppauge, NY, 11788-3731 United States
Phone: (631) 273-0900
Website: Click here
Revenue: $13.93 million
Sales Growth: -19.21%
Year Started: 1942
Incorporated: 1987
- Vyera Pharmaceuticals, LLC
Address: 600 3RD Ave New York, NY, 10016-1901 United States
Phone: (646) 356-5577
Website: Click here
Revenue: $11.74 million
Year Started: 2014
- X-Gen Pharmaceuticals, Inc.
Address: 300 Daniel Zenker Dr. Big Flats, NY, 14814 United States
Phone: (607) 562-2700
Website: Click here
Revenue: $10.73 million
Year Started: 2003
Incorporated: 2003
Faqs about the pharmaceutical companies in New York City
- Are there pharmaceutical companies in New York City?
There’s no denying that NYC’s pharmaceutical community is brimming with talent, elevating the city to the status of undisputed, up-and-coming life sciences capital.
- Where is the headquarters of Pfizer?
The headquarters of Pfizer is in the United States of America, New York
- What is the total revenue generated by pharmaceutical companies in New York?
In 2003, these companies generated $18.1 billion in economic activity in New York. In 2004, research institutions and biotech companies in New York generated 486 biotech patents.
- What are the pharmaceutical companies in New York ranking in the USA?
New York has traditionally ranked among the top five states in terms of pharmaceuticals. Over the last three years, New York has ranked second in the country in terms of federal scientific grants and third in terms of NIH funding and grants.
In 2004, New York institutions received 5,192 NIH grants totaling $1.9 billion, representing a 10% increase over 2003.
Conclusion
New York is one of the country’s pharmaceutical epicenters. It is one of the top five states in the pharmaceutical industry in terms of federal scientific grants, biotech patents, and employment, and it is ranked sixth in terms of the number of pharmaceutical companies.
The state’s strong pharmaceutical industry, world-class academic and research institutions, a track record of winning federal research grants, proximity to Wall Street and venture capital firms, and targeted government programs all contribute to New York’s healthcare industry.
Though the pharmaceutical industry has grown in New York, future growth may be hampered by a lack of affordable space and competition from other states’ programs. To combat this, more pharmaceutical companies are being built throughout the state to provide affordable services.
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