Best list of 40 Pharmaceutical companies in Pennsylvania

The Pharmaceutical companies in Pennsylvania employ approximately 7,200 people across businesses and also generate $3 billion in wages across the state, with the average wage standing at $52,250 when implied remuneration.

In terms of pharmaceutical employment, Pennsylvania ranks second in the nation. From 1986 to 1996, the pharmaceutical industry grew by 25% (about 52,000 jobs) nationally, while Pennsylvania’s increased by 36% (about 7,200 jobs).

The majority of the state’s pharmaceutical companies, roughly 80%, are concentrated in and around Philadelphia.

A second, more minor concentration can be found in the Pittsburgh area. Approximately 20 firms are publicly traded. Some businesses are nearly 20 years old, while others are less than a year old.

New businesses form and then are sold or restructured, resulting in constant “churn.” Significantly, Pennsylvania’s oldest and largest public pharmaceutical companies are all home-grown, based on technology developed at the state’s research universities.

A pharmaceutical company’s path to profitability can take many years and cost hundreds of millions of dollars.

Only a few dozen pharmaceutical companies are profitable globally. One Pennsylvania company has achieved that status, and industry analysts believe that at least two other companies in the state are likely to succeed shortly.

The state of Pennsylvania’s long-term success in biotech cannot be assumed. Only states that actively address the needs of all firms, from startup to maturity, will be able to compete.

Innovations in the Pharmaceutical companies in Pennslyvania

One hundred years ago, the modern pharmaceutical industry began. Global medicine sales are currently estimated to be $300 billion per year, with the top 11 firms accounting for nearly half of that total market share. The largest pharmaceutical companies control nearly 35% of the market.

Rapid advances in technology are fueling the discovery of new molecules. At previously unheard-of rates, new compounds are being synthesized.

At the moment, 10,000 new molecules are synthesized and tested. When all pre-clinical and clinical costs of drug discovery and testing are considered, it now costs more than $300 million and takes an average of 13 years for a new drug to reach the market.

Some large pharmaceutical companies’ “pipelines” are shrinking, and they will not have new compounds to market when patents on current revenue-generating commodities expire.

Between 1990 and 1994, the ten largest pharmaceutical companies released five new drugs per year on average.

To maintain revenue growth of 10% per year, the output must increase to five new drugs per company per year, each with $350 million in annual sales. At the moment, half of all new drugs introduced each year have a market value of less than $100 million per year.

Rising costs and sluggish revenue growth are driving mergers among the world’s pharmaceutical behemoths.

There is also merger activity among pharmaceutical companies and agricultural/chemical producers.

The new behemoths hope to cut costs and increase market size through mergers by developing common “life sciences” technology platforms that can be applied across disciplines as diverse as human and animal health, plant engineering, and crop production.

As a result of changes in reimbursement policies, the pharmaceutical industry is also under increased pressure to control drug costs.

The pharmaceutical cluster’s economic potential

The opportunities that lie ahead for the pharmaceutical industry are technological, and they are also central to the biotech industry.

Advances in recombinant molecular chemistry, genomics, and bioinformatics are generating unprecedented research and business opportunities. There are over 1,300 biotech companies in the world today.

There are over 350 publicly traded companies. A dozen of them are profitable, representing nearly a doubling of the number of companies in the category from a year ago. Analysts predict that the category will grow by 16 to 20 firms over the next year. The biotech cluster’s combined sales now exceed $13 billion per year.

Pharmaceutical Companies in Pennslyvania

Here’s a list of some of the pharmaceutical companies operating in Pennslyvania:

Almac Group Incorporated

Address: 25 Fretz Rd Souderton, PA, 18964-2610 United States

Phone: (215) 660-8500

Website: Visit

Revenue: $521.38 million

Year Started: 2002

Incorporated: 2007

Amag Pharmaceuticals, Inc.

Address: 1150 1ST Ave Ste 940 King OF Prussia, PA, 19406-1363 United States

Phone: (617) 498-3300

Website: Visit

Revenue: $326.55 million

Sales Growth: -30.82%

Year Started: 1981

Incorporated: 1981

Amicus Therapeutics, Inc.

Address: 3675 Market St Ste 1400 Philadelphia, PA, 19104-5696 United States

Phone: (215) 921-7600

Website: Visit

Revenue: $305.51 million

Sales Growth: 43.16%

Year Started: 2002

Incorporated: 2002

Anchen Pharmaceuticals, Inc.

Address: 1400 Atwater Dr Malvern, PA, 19355-8701 United States

Phone: (949) 639-8100

Revenue: $49.52 million

Year Started: 2002

Incorporated: 2002

Auxilium Pharmaceuticals, LLC

Address: 1400 Atwater Dr Malvern, PA, 19355-8701 United States

Phone: (484) 321-5900

Revenue: $123.26 million

Year Started: 1999

Incorporated: 1999

Bausch & Lomb Incorporated

Address: 400 Somerset Corporate Blvd Bridgewater, NJ, 08807-2867 United States

Phone: (585) 338-6000

Website: Visit

Revenue: $2.14 billion

Year Started: 1853

Incorporated: 1908

Bayer Corporation

Address: 800 N Lindbergh Blvd Saint Louis, MO, 63141-7843 United States

Phone: (412) 777-2000

Website: Visit

Revenue: $2.21 billion

Year Started: 1973

Incorporated: 1986

Bilcare, Inc.

Address: 300 Kimberton Rd Ste 110 Phoenixville, PA, 19460-2114 United States

Phone: (610) 935-4300

Website: Visit

Revenue: $67.26 million

Year Started: 2005

Incorporated: 2005

Biospectra, Inc.

Address: 1474 Rockdale Ln Stroudsburg, PA, 18360-7361 United States

Phone: (610) 599-3400

Website: Visit

Revenue: $47.69 million

Year Started: 1995

Incorporated: 1995

Boiron, Inc.

Address: 4 Campus Blvd Newtown Square, PA, 19073-3200 United States

Phone: (610) 325-7464

Website: Visit

Revenue: $55.25 million

Year Started: 1910

Incorporated: 1978

Central Admixture Pharmacy Services, Inc.

Address: 6430 Oak Cyn Ste 200 Irvine, CA, 92618-5234 United States

Phone: (949) 660-2000

Website: Visit

Revenue: $149.38 million

Year Started: 1990

Cephalon, Inc.

Address: 145 Brandywine Pkwy West Chester, PA, 19380-4249 United States

Phone: (610) 344-0200

Website: Visit

Revenue: $457.14 million

Year Started: 1987

Incorporated: 1987

Cherokee Pharmaceuticals LLC

Address: 100 Ave C Riverside, PA, 17868 United States

Phone: (570) 271-4195

Revenue: $143.35 million

Year Started: 2007

Cima Labs Inc.

Address: 1090 Horsham Rd North Wales, PA, 19454-1505 United States

Phone: (763) 488-4700

Website: Visit

Revenue: $49.33 million

Year Started: 1986

Incorporated: 1986

Colorcon, Inc.

Address: 420 Moyer Blvd West Point, PA, 19486 United States

Phone: (215) 699-7733

Website: Visit

Revenue: $722.91 million

Year Started: 1983

Incorporated: 1983

Csl Behring L.L.C.

Address: 1020 1ST Ave King OF Prussia, PA, 19406-1310 United States

Phone: (610) 878-4000

Revenue: $1.76 billion

Year Started: 1996

Incorporated: 1995

Delavau L.L.C.

Address: 10101 Roosevelt Blvd Philadelphia, PA, 19154-2105 United States

Phone: (215) 671-1400

Website: Visit

Revenue: $94.05 million

Year Started: 2002

Endo Health Solutions Inc.

Address: 1400 Atwater Dr Malvern, PA, 19355-8701 United States

Phone: (484) 216-0000

Website: Visit

Revenue: $5.32 billion

Year Started: 1997

Incorporated: 1997

Frontage Laboratories, Inc.

Address: 700 Pennsylvania Dr Exton, PA, 19341-1129 United States

Phone: (610) 232-0100

Website: Visit

Revenue: $198.78 million

Year Started: 2001

Incorporated: 2004

Glaxosmithkline LLC

Address: 5 Crescent Dr Philadelphia, PA, 19112-1001 United States

Phone: (215) 751-4000

Website: Visit

Revenue: $1.06 billion

Year Started: 1967

Incorporated: 1929

Harmony Biosciences Holdings Inc.

Address: 630 W Germantown Pike Ste 215 Plymouth Meeting, PA, 19462-1069 United States Phone: (484) 539-9800

Website: click here

Revenue: $305.44 million

Year Started: 2017

Iroko Pharmaceuticals LLC

Address: One Kew Place 150 Rouse Boulevard Philadelphia, PA, 19112 United States

Phone: (267) 546-3003

Website: Visit

Revenue: $47.00 million

Year Started: 2007

Janssen Biotech, Inc.

Address: 800 Ridgeview Dr Horsham, PA, 19044-3607 United States

Phone: (610) 651-6000

Website: Visit

Revenue: $774.18 million

Year Started: 1979

Incorporated: 1979

Johnson Matthey Holdings, Inc.

Address: 435 Devon Park Dr Ste 600 Wayne, PA, 19087-1998 United States

Phone: (610) 971-3000

Website: Visit

Revenue: $816.34 million

Year Started: 1998

Incorporated: 1998

Kvk-Tech, Inc.

Address: 110 Terry Dr Newtown, PA, 18940-3427 United States

Phone: (215) 579-1842

Website: Visit

Revenue: $117.54 million

Year Started: 2003

Incorporated: 2003

Lannett Company, Inc.

Address: 1150 Northbrook Dr Ste 155 Trevose, PA, 19053-8449 United States

Phone: (215) 333-9000

Website: Visit

Revenue: $478.78 million

Sales Growth: -12.27%

Year Started: 1942

Incorporated: 1991

Lifescan, Inc.

Address: 20 Valley Stream Pkwy Ste 100 Malvern, PA, 19355-1430 United States

Phone: (800) 227-8862

Website: Visit

Revenue: $532.74 million

Year Started: 1981

Incorporated: 1981

Mutual Pharmaceutical Company, Inc.

Address: 1100 Orthodox St Philadelphia, PA, 19124-3199 United States

Phone: (215) 288-6500

Revenue: $70.37 million

Year Started: 1984

Incorporated: 2012

Mylan Inc.

Address: 1000 Mylan Blvd Canonsburg, PA, 15317-5853 United States

Phone: (724) 514-1800

Website: click here

Revenue: $855.81 million

Year Started: 1970

Incorporated: 1970

Optinose, Inc.

Address: 1020 Stony Hill Rd Ste 300 Yardley, PA, 19067-5539 United States

Phone: (267) 364-3500

Website: Visit

Revenue: $74.65 million

Sales Growth: 41.83%

Year Started: 2000

Incorporated: 2010

Orasure Technologies, Inc.

Address: 220 E 1ST St Bethlehem, PA, 18015-1360 United States

Phone: (610) 882-1820

Website: Visit

Revenue: $233.67 million

Sales Growth: 11.07%

Year Started: 1981

Incorporated: 2000

Piramal Healthcare, Inc.

Address: 3950 Schelden Cir Bethlehem, PA, 18017-8936 United States

Phone: (610) 974-9760

Website: click here

Revenue: $126.54 million

Year Started: 2008

Incorporated: 2008

Recro Pharma, Inc.

Address: 490 Lapp Rd Malvern, PA, 19355-1212 United States

Phone: (484) 395-2470

Website: Visit

Revenue: $75.36 million

Sales Growth: -32.98%

Year Started: 2007

Incorporated: 2007

Sanofi Pasteur Inc.

Address: 1 Discovery Dr Swiftwater, PA, 18370-9100 United States

Phone: (570) 839-7187

Website: Visit

Revenue: $686.23 million

Year Started: 1977 Incorporated: 1977

Shire US Manufacturing Inc.

Address: 1200 Morris Dr Wayne, PA, 19087-5507 United States

Phone: (484) 595-8800

Revenue: $136.64 million

Year Started: 1996

Incorporated: 1994

Soleo Health Inc.

Address: 950 Calcon Hook Rd Ste 19 Sharon Hill, PA, 19079-1822 United States

Phone: (888) 244-2340

Website: Visit

Revenue: $107.09 million

Year Started: 2014

Incorporated: 2014

Spark Therapeutics, Inc.

Address: 3737 Market St Ste 1300 Philadelphia, PA, 19104-5543 United States

Phone: (888) 772-7560

Website: Visit

Revenue: $64.72 million

Year Started: 2014

Incorporated: 2013

Teva Branded Pharmaceutical Products R&D, Inc.

Address: 41 Moores Rd Malvern, PA, 19355-1113 United States

Phone: (215) 591-3000

Website: Visit

Revenue: $92.63 million

Year Started: 2003

Torrent Pharma Inc.

Address: 2091 Hartel Ave Levittown, PA, 19057-4506 United States

Phone: (215) 949-3711

Website: Visit

Revenue: $63.90 million

Year Started: 2004

Incorporated: 2004

V L H Inc

Address: 600 Boyce Rd Pittsburgh, PA, 15205-9742 United States

Phone: (800) 245-4440

Revenue: $98.48 million

Year Started: 1954

Incorporated: 1990

Frequently Asked Questions about pharmaceutical companies in Pennsylvania

How many pharmaceutical companies are there in Pennsylvania?

In Pennsylvania, the core biotech industry consists of 100 to 150 establishments employing approximately 7,900 people. The research covers a wide range of topics.

What’s the rank of the pharmaceutical sector in Pennslyvania?

Pennsylvania ranks fifth in the country in terms of the number of companies listed in the BIO International directory.

Who are the pharmaceutical giants in Pennslyvania?

These are five of the pharmaceutical giants in Pennsylvania namely;

  • GlaxoSmithKline
  • Pfizer
  • Merck & Co. Inc.
  • AstraZeneca PLC
  • Teva Pharmaceuticals

Which body is responsible for drug control in Pennslyvania?

Pennsylvania Drug, Device, and/or Cosmetic (DDC) Registration – Devices-Medical: Manufacturer, Reprocessor, Distributor, or Retailer is responsible for regulating drug control in Pennslyvania.

Final thought

With the help of the Pennsylvania Biotechnology Association, the Ben Franklin Technology Centers, and other public and private sector organizations, Pennsylvania can take significant national and international leadership in the pharmaceutical and biotechnology development and growth.

The state’s mix of young pharmaceutical firms, established multinational pharmaceutical behemoths, premier teaching hospitals, academic research laboratories, and related businesses is already among the richest in the world.

Pennsylvania can meet and even exceed technological goals with a well-planned collaborative effort.

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