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Pharmaceuticals
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Everything a pharmaceutical company
needs is in New Jersey - leading hospitals and
universities, research institutions, a proactive
business climate, and ready access to capital. Add to
that supporting industries, such as custom manufacturing
and laboratories for research and clinical trials, and
it’s no wonder New Jersey is the leading pharmaceutical
state in the nation. In fact, in economic circles, New
Jersey’s called the "Medicine Chest of the Nation." |
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PROFILE CONTAINS: |
- Fast Facts
- Workforce
- Funding
Ops
-
Alliances/Partnerships
- Leading
Research Institutions
- Incubators
& Research
Parks
- R&D Info
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Download The
Profile Now
 (634K) |
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New Jersey Companies |
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Leading
Companies |
- New Jersey has the
country’s highest concentration of businesses producing
prescription pharmaceuticals, over-the-counter medications,
generic prescription drugs, vitamins, diagnostic drugs, and
medical devices.
- Nearly half of the
nation’s R&D investment in new medicines — about $15 billion
— is committed to New Jersey.
- New Jersey
pharmaceutical companies were responsible for more than one
third of all the drugs and biologics approved by the U.S.
FDA in 2002.
- Fourteen of the 25
largest drug companies in the world have major facilities in
New Jersey — 11 of these are national or global
headquarters.
- Annual sales for New
Jersey pharmaceutical firms exceeded $700 billion, 20% of
which was reinvested in R&D.
- New Jersey
pharmaceutical and medical technology companies contributed
$20 billion to the state’s economy in 2001, including $2.4
billion in capital investments, $92 million in charitable
donations, and $55 million in outsourced research and
clinical trials.
- New Jersey is one of
the leading states when it comes to the number of patents
granted, fast-growth firms, and venture capital investment.
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- Johnson & Johnson
- Wyeth
- Merck & Co.
- Novartis Pharmaceuticals
- Bristol-Myers Squibb
- Pfizer
- Schering-Plough
- Hoffman-LaRoche
For more, see
our
Life Sciences Map
listing many more NJ
Pharmaceutical Firms |
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