May 24, 2022
Although they’ve been the target of many meme stock rallies over the last couple years, biotechnology companies are known for much more than their explosive potential and ability to trend. At the core of innovation, and a true embodiment of research and development, biotech companies are some of the most important on the market, and of course a day trader favorite as well.
That being said, there’s lots and lots of them, over 6,500 within the United States alone, and about 700 of those are publicly traded. Many of those companies available on the market are lost in a deep pile of stocks with bigger market caps, but who are those industry leaders?
Here’s a list of the biggest biotechnology companies by market cap.