5 Largest Biotech Companies in the US

2. Johnson & Johnson (NYSE:JNJ)

2022 Revenue: $94.9 billion

Johnson & Johnson is a biotechnology and pharmaceutical firm, which is also famous for its production of consumer packaged goods. The company faced a decrease of 4.4% in sales during the fourth quarter of 2022, which, according to Investopedia, was largely due to exchange rate issues and a decline in post-Covid vaccine sales.