The 10 fastest growing pharma companies of 2021

Photo by Chris Liverani on Unsplash

By now, it should come as no surprise that developers of COVID-19 vaccines had healthy profits in 2021. Nevertheless, it remains difficult to fathom that BioNTech (Nasdaq:BNTX) saw annual revenue growth of 3,834.4% last year. Unsurprisingly, BioNTech topped the list of fastest growing pharma companies of the year. The company, which jointly developed one of the most popular COVID-19 vaccines with Pfizer (NYSE:PFE), had a five-year compound annual growth rate (CAGR) of 319%. In 2021, Moderna had annual revenue growth 2,199.1% last year, thanks to its role developing a popular COVID-19 vaccines.

Outside of vaccines, COVID-19 products such as anti-SARS-CoV-2 monoclonal antibodies also played a role in making Regeneron one of the fastest growing pharma companies. The company had 89.1% revenue growth last year compared to Pfizer’s 2021 growth rate of 95.2%.

The mar…

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