Biotech companies in New Jersey: a pharma state with a cell therapy supply chain

New Jersey is home to the headquarters of Johnson & Johnson, Merck and Bristol Myers Squibb but ranks only ninth for biotech establishments. Its biotech strength is in mid-sized commercial companies and in the plants, freezers and couriers that cell and gene therapies depend on.

Market report5 min readPublished

New Jersey had 189 biotech establishments in 2023 with 12,473 employees and an average pay of $175,352 (Census County Business Patterns, NAICS 541714 and 325414), ninth among states. SEC EDGAR lists 45 public drug and biotech companies with a New Jersey address. Excluding the diversified drugmakers, PTC Therapeutics ($1.73 billion of 2025 revenue) and Legend Biotech ($1.03 billion) are the largest biotechs headquartered there, per their filings.

  • New Jersey has 3.1% of US biotech establishments, far below its weight in pharmaceuticals.
  • Merck alone reported $15.8 billion of R&D in 2025, more than 30 times NIH's $469.1 million of awards in the state.
  • Legend Biotech in Somerset had about 2,900 full-time employees and $1.03 billion of 2025 revenue.
  • 26 New Jersey establishments are registered with FDA for blood stem cell or immune cell products, including storage and logistics firms.
  • Two companies whose EDGAR address is elsewhere, Rocket Pharmaceuticals and Champions Oncology, give New Jersey headquarters in their 10-Ks.
On this page

This report is for job seekers, investors, partners and suppliers looking at New Jersey's biotech companies rather than its big pharma campuses. The two overlap, so the page separates them: Census establishment counts for biotech labs and biologics plants, the listed biotechs from their filings, and the FDA registrations that show where cell and biologic products are made and stored.

How many biotech companies are in New Jersey

County Business Patterns (CBP) 2023, New Jersey, NAICS 541714 (biotech research and development) and 325414 (biological product manufacturing):

MeasureNew Jersey
Establishments189
Employees12,473
Annual payroll$2,187,169,000
Employees per establishment66.0
Average annual pay$175,352
Share of US establishments3.1% of 6,095
Rank among states9

Research labs account for 167 establishments and 10,031 employees, biologics plants for 22 establishments and 2,442 employees. These are establishments with paid staff, not companies, and they exclude the self-employed.

Why a pharma state ranks ninth

Most of New Jersey's drug industry sits in other codes. Big pharma plants are usually pharmaceutical preparation manufacturing (325412), research campuses that do chemistry rather than biotechnology may be coded 541715, and the many headquarters and commercial offices are classed by function. So the 189 here are the biotech labs and biologics plants, not the industry.

Employees per establishmentEstablishments
1 to 487
5 to 925
10 to 19not published
20 to 4928
50 to 996
100 to 24912
250 to 499 and largernot published

The unpublished classes are suppressed in the biologics manufacturing code. Two features stand out: very few establishments of 50 to 99 people (6), and a cluster of 100 to 249 (12). In the R&D code alone, 6 labs have 250 to 499 employees.

The listed biotechs

SEC EDGAR lists 45 listed companies with a New Jersey business address in SIC 2834 (pharmaceutical preparations, 40) and 2836 (biological products, 5). The diversified giants lead: Johnson & Johnson in New Brunswick ($94,193 million of revenue for the year ended 28 December 2025), Merck in Rahway ($65,011 million) and Bristol Myers Squibb in Princeton ($48,194 million). The biotechs below them, from their latest annual reports:

CompanyHQ (filing cover)Revenue, 2025R&D, 2025Employees
PTC TherapeuticsWarren$1,730.7M$455.2M991
Legend Biotech (20-F)Somerset$1,028.9M$414.7Mabout 2,900 full-time
InsmedBridgewater$606.4M$771.1M1,664 (our sum of US, Europe, Japan)
ADMA BiologicsRamsey$510.2M$4.8M647
CorMedixParsippany$311.7M$19.3M
Phathom PharmaceuticalsFlorham Park$175.1M$32.8M
Champions OncologyHackensack$59.4M (year to 30 Apr 2026)$9.1M214 full-time (15 Jul 2026)
Protalix BioTherapeuticsHackensack$52.7M$19.6M
Rocket PharmaceuticalsCranbury$0$142.0M202 full-time
Whitehawk TherapeuticsMorristown$7.1M$91.0M
PMV PharmaceuticalsPrincetonNone reported$69.9M
Tonix PharmaceuticalsBerkeley Heights$13.1M$44.5M

Employees as of 31 December 2025 unless dated; blank where we didn't take a figure from the filing. Rocket's EDGAR address is in New York and Champions Oncology's in Baltimore, but both 10-K covers give New Jersey. ANI Pharmaceuticals has a Princeton address in EDGAR but a Minnesota headquarters in its 10-K, so it's left out.

Insmed is the outlier: it spent more on R&D ($771.1 million) than it earned in revenue, which often means a large late-stage program and a lot of outsourced clinical work. ADMA, which describes itself as a manufacturer of specialty biologics, is the opposite: mostly manufacturing, very little R&D.

Research money: companies outspend the government

NIH RePORTER shows $469.1 million of NIH awards to 54 New Jersey organizations in fiscal 2025 (October 2024 to September 2025), across 780 projects. Rutgers Biomedical and Health Sciences received $213.1 million and Princeton University $67.0 million. Merck's 10-K reports $15,789 million of R&D in 2025 and Bristol Myers Squibb's $9,951 million. In New Jersey, corporate R&D budgets set the pace, not federal grants.

Companies received 43 NIH awards worth $48.4 million, including PsychoGenics in Paramus ($10.4 million) and Theradex Systems in Princeton ($9.1 million); 32 were small-business (SBIR or STTR) grants.

Where cell and biologic products are made and stored

FDA's biologics registration splits in two. Blood and cell or tissue establishments register with FDA's biologics center, and other biologics makers register as drug establishments.

  • Cell and tissue registry: 26 New Jersey establishments are registered for blood stem cell or peripheral blood mononuclear cell products. Besides hospital programs at Hackensack and New Brunswick, they include Minaris Regenerative Medicine in Allendale, Celularity in Florham Park, and storage and logistics firms: SciSafe in Cranbury and East Brunswick, Cryoport Systems in Morris Plains and Infinity BiologiX in Piscataway.
  • Drug establishment registry: New Jersey has 329 registrations, 185 with manufacturing operations. Biologics and cell therapy registrants include Legend Biotech USA and Janssen in Raritan, Celgene in Summit, Celltrion in Branchburg, WuXi Biologics in Cranbury and Robbinsville, and Kashiv BioSciences in Piscataway.

Neither registry covers products still in trials, because investigational-only manufacturing doesn't require registration.

Registries and directories

  1. State registration. The New Jersey Department of Health requires businesses that distribute prescription or non-prescription drugs or medical devices, including manufacturers, to register, and offers an online verification tool.
  2. The association. BioNJ runs a membership directory, a career portal and a purchasing consortium.
  3. The incubator. NJEDA's NJ Bioscience Center Incubator in North Brunswick has about 46,000 square feet of wet labs for early-stage companies.

Selling to New Jersey biotechs

SegmentExamplesWho usually decides
Commercial biotechsPTC, Insmed, Legend, ADMAFunctional heads in commercial, medical, quality and supply chain
Clinical-stageRocket, Whitehawk, PMV, TonixHeads of clinical operations, regulatory and CMC
Cell therapy supply chainRegistered cell processors, storage and logistics sitesSite and quality leaders
Big pharma R&DMerck, BMS, J&JCategory managers and program teams, through procurement

Worked example: a regulatory writing firm

Illustrative example. The firm and its rates are invented; the R&D figures come from the filings above.

Ridge Lane Regulatory (ridgelane.example) writes clinical study reports and submission documents.

  1. Target R&D-heavy mid-caps. Insmed, PTC, Legend and Rocket together reported $1,783.0 million of 2025 R&D (our sum).
  2. Find the submissions. A company preparing a new filing or label expansion needs extra writers for a few months; pipeline tables in the 10-K show which programs are near filing.
  3. Do the arithmetic. Two document projects a year at $150,000 each, at three of the four, is $900,000.

Spotting which programs are near filing across a list takes hours per account; Bebop researches each account and drafts the outreach.

For the national ranking, see the largest biotech companies; for the drug manufacturing side of the state, the New Jersey pharmaceutical market report.

Next step: look across the river at biotech companies in New York City.

Sources

Written by the Bebop team at Blackpearl Group. Published .

Questions people ask

How many biotech companies are in New Jersey?

Census County Business Patterns counted 189 biotech establishments in New Jersey in 2023: 167 research and development labs and 22 biological product plants, with 12,473 employees. That ranks ninth among states. SEC EDGAR lists 45 public drug and biotech companies with a New Jersey address, including Johnson & Johnson, Merck and Bristol Myers Squibb.

What is the largest biotech company in New Jersey?

Excluding diversified drugmakers, PTC Therapeutics in Warren, with $1,730.7 million of 2025 revenue in its 10-K, followed by Legend Biotech in Somerset with $1,028.9 million in its 20-F. Insmed in Bridgewater reported $606.4 million of revenue and $771.1 million of R&D. Johnson & Johnson, Merck and Bristol Myers Squibb are much larger, but most rankings treat them as pharmaceutical companies.

Why are so many pharmaceutical companies in New Jersey?

Three of the largest, Johnson & Johnson, Merck and Bristol Myers Squibb, are headquartered there, according to their 10-K covers, and the state hosts hundreds of FDA-registered drug sites (329 registrations in FDA's current file). Biotech is a smaller share: New Jersey has 189 biotech establishments in Census data, 3.1% of the US total, because most of its drug industry is coded as pharmaceutical manufacturing or headquarters.

Which cell therapy companies are in New Jersey?

Legend Biotech is headquartered in Somerset, according to its 20-F, and is registered with FDA as a manufacturer at Raritan. Minaris Regenerative Medicine in Allendale and Celularity in Florham Park are registered for cell products. Rocket Pharmaceuticals, which calls itself a late-stage gene therapy company, gives Cranbury as its headquarters. Storage and logistics firms such as SciSafe and Cryoport are also registered.

Find New Jersey biotechs and cell therapy sites

Describe the companies or sites you sell to and the team that buys. Bebop finds matching companies and contacts and explains why each fits.

Edit the search to match your market. Already have an account? Log in