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Biocon among top 5 biotech employers globally
Bengaluru: Pharma major, Biocon Ltd, has been ranked among the Top 5 Global Biotech Employers for 2020 on the prestigious U.S. based Science magazine's annual 'Science Careers Top 20 Employers' list.
Ranked at No. 5 among global pharma and biotech companies in 2020, Biocon has moved up steadily from No. 7 in 2018 and No. 6 in 2019.
The company has consistently featured among the top global employers for eight consecutive years, since its debut on the list in 2012.
According to the Top Employers Survey of approximately 7,600 respondents from across the world this year, Biocon's ranking was based on three key attributes: 'innovative leader in the industry', 'is socially responsible' and 'has loyal employees'.
This year, the survey took place from March 3 through May 3, when companies globally were grappling with quarantines and lockdowns in response to COVID-19. In these extraordinary circumstances, Biocon reinforced its reputation of resilience and reliability by continuing to manufacture and supply life-saving therapies worldwide while prioritizing the health and safety of its employees through comprehensive safety measures at its facilities.
Biocon Executive Chairperson Kiran Mazumdar-Shaw said, "We are delighted to be ranked among the Top Five Global Biotech Employers by Science Magazine. The ranking is a recognition of the passion that our employees bring to the job, which allowed us to run essential and critical manufacturing, quality and supply operations with reduced staffing despite the severe disruptions caused by the COVID-19 outbreak, thus minimizing the impact on patients and partners. Their commitment also enabled us to rapidly develop novel therapeutics for the deadly coronavirus and serve humanity by fighting COVID-19."
"We will continue to build on Biocon's employee-friendly culture that promotes ideation, experimentation and collaboration as we aspire to create future leaders who will revolutionize healthcare through innovative products and services," she added.
The Top 5 global players in this year's list are Regeneron, Alnylam, Incyte, Syngenta and Biocon.
2020 Rank | 2019 Rank | Employer (Global HQ) |
1 | 2 | Regeneron (Tarrytown, NY) |
2 | 3 | Incyte (Wilmington, DE) |
3 | 1 | Alnylam Pharmaceuticals (Cambridge, MA) |
4 | 10 | Syngenta (Basel, Switzerland) |
5 | 6 | Biocon Limited (Bangalore, India) |
6 | 4 | Merck KGaA (Darmstadt, Germany) |
7 | 20 | Novo Nordisk (Bagsværd, Denmark) |
8 | 12 | Vertex Pharmaceuticals (Boston, MA) |
9 | 11 | Moderna (Cambridge, MA) |
10 | 5 | Spark Therapeutics (Philadelphia, PA) |
For the companies that emerged in the top 20, remarks from respondents reflected their pride and gratitude in the fact that the organizations they represented had continuously invested in their well-being while still putting science and patients first. When employees see meaningful action by their employers that is designed to empower and support them in every way possible, they respond in kind: They produce their best work. And in the arena of pharma and biotech, that easily translates into better patient outcomes, The American Association for the Advancement of Science (AAAS) said.
Ruchika Sharma joined Medical Dialogue as an Correspondent for the Business Section in 2019. She covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She has completed her B.Com from Delhi University and then pursued postgraduation in M.Com. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751