Short answer
San Francisco County had 100 biotech research establishments in 2023 with 2,269 employees and an average pay of $255,671 (Census County Business Patterns, NAICS 541714 and 325414). The five-county San Francisco metro had 572 establishments and 28,042 employees. Vir Biotechnology is the largest biotech headquartered in the city by R&D ($456.0 million in 2025, per its 10-K); Gilead Sciences in Foster City is the largest in the Bay Area ($29.4 billion of revenue).
- 83 of San Francisco's 100 biotech establishments have fewer than 20 employees.
- Average pay at the city's biotech labs was $255,671 in 2023, higher than the metro's $227,597.
- UCSF received $824.2 million of the city's $982.7 million of NIH awards in fiscal 2025.
- Only six listed biotech and drug companies give a San Francisco headquarters in their 10-Ks; dozens more are in South San Francisco, San Carlos and the East Bay.
- South San Francisco says it has over 250 biotech companies and 12 million square feet of biotech space.
On this page
- How many biotech companies are in San Francisco
- Small labs, very high pay
- The city versus the Bay Area
- What the codes miss
- Listed biotechs headquartered in the city
- The big Bay Area biotechs nearby
- UCSF and the research base
- How to find San Francisco biotechs
- Selling to San Francisco biotechs
- Sources
- Questions people ask
This page is for job seekers, investors, partners and suppliers looking for biotech companies in San Francisco. It starts with the city (the Census geography is San Francisco County) and then widens to the Bay Area, because South San Francisco, despite its name, is a separate city in San Mateo County.
How many biotech companies are in San Francisco
County Business Patterns (CBP) 2023, San Francisco County, California, NAICS 541714 (biotech research and development) and 325414 (biological product manufacturing):
| Measure | San Francisco County |
|---|---|
| Establishments | 100 |
| Employees | 2,269 |
| Annual payroll | $580,118,000 |
| Employees per establishment | 22.7 |
| Average annual pay | $255,671 |
| Share of US establishments | 1.64% of 6,095 |
All 100 are research labs; the county has no biological product manufacturing establishments in the published data. CBP counts establishments with paid employees, not companies, and leaves out founders who don't take a salary.
Small labs, very high pay
| Employees per establishment | Establishments |
|---|---|
| 1 to 4 | 61 |
| 5 to 9 | 16 |
| 10 to 19 | 6 |
| 20 to 49 | 5 |
| 50 to 99 | 7 |
| 100 to 249 | 3 |
| 250 or more | not published |
| Size band | Establishments |
|---|---|
| 1 to 19 employees | 83 |
| 20 to 99 employees | 12 |
| 100 or more employees | 5 (derived) |
The 100-or-more band is the total less the smaller bands, because the Census Bureau doesn't publish the cells above 249. The pattern fits a city of early-stage startups, where a five-person company is mostly scientists and executives; that keeps the average size small and pushes average pay up.
The city versus the Bay Area
The San Francisco metro (CBSA 41860: San Francisco, San Mateo, Alameda, Contra Costa and Marin counties) had 572 biotech establishments and 28,042 employees in 2023, with average pay of $227,597 (from the same CBP metro file). That's the second-largest cluster in the country after Boston's 700. The city holds 100 of the 572.
The City of South San Francisco describes itself as the "birthplace of biotechnology, dating back to the founding of Genentech in 1976", and says it has "over 250 biotech companies and 12 million square feet of biotech space"; its linked company list was last updated in April 2024. Genentech is owned by Roche and doesn't file its own annual report with the SEC.
What the codes miss
Two codes can't capture the whole industry. Drug discovery labs coded 541715 (other life-sciences R&D), diagnostics makers (325413), sequencing and tools companies classed as instrument makers, and research institutes classed as nonprofits (Gladstone, for one) all fall outside. Biocom California's 2026 Economic Impact Report, using a broad life-sciences definition, counts 137,779 direct life-science jobs in the Bay Area in 2025.
Listed biotechs headquartered in the city
SEC EDGAR lists seven listed companies with a San Francisco business address in SIC 2834 (pharmaceutical preparations, 6) and 2836 (biological products, 1). Six have filed a 10-K; the seventh, Braveheart Bio, hasn't yet. From their 10-Ks for 2025:
| Company | Revenue | R&D | Cash and short-term investments, 31 Dec 2025 | Employees |
|---|---|---|---|---|
| Vir Biotechnology | $68.6M | $456.0M | $461.0M | 367 |
| Olema Pharmaceuticals | None reported | $157.7M | $505.4M | |
| Nektar Therapeutics | $55.2M | $117.3M | $245.7M | 63 |
| Jaguar Health | $11.5M | $25.0M | $1.0M (cash only) | |
| Kyntra Bio | $6.4M | $23.5M | $89.0M | 34 in the US |
| GT Biopharma | $0 | $3.5M | $6.8M (cash only) |
Cash is our sum of each balance sheet's cash and cash equivalents and short-term investment lines. Employees as of 31 December 2025, blank where we didn't take a figure.
The big Bay Area biotechs nearby
Most of the region's large companies are a short drive south or across the bay. From their latest 10-Ks:
| Company | HQ (10-K cover) | Revenue | R&D | Employees |
|---|---|---|---|---|
| Gilead Sciences | Foster City | $29,443.0M | $5,799.0M | about 17,000 |
| BioMarin Pharmaceutical | San Rafael | $3,221.3M | $921.9M | 3,221 |
| Exelixis | Alameda | $2,320.1M | $825.0M | 1,077 |
| Twist Bioscience | South San Francisco | $376.6M | $80.3M | |
| Rigel Pharmaceuticals | South San Francisco | $294.3M | $33.3M | |
| Iovance Biotherapeutics | San Carlos | $263.5M | $300.3M | |
| Cytokinetics | South San Francisco | $88.0M | $416.0M | 673 |
| Revolution Medicines | Redwood City | $0 | $987.3M | 883 full-time |
| Vaxcyte | San Carlos | None reported | $794.3M | 507 full-time |
| Denali Therapeutics | South San Francisco | $0 | $418.8M | about 503 full-time |
Calendar 2025, except Exelixis (year ended 2 January 2026) and Twist (year ended 30 September 2025). BioMarin's EDGAR address is Novato; its 10-K cover gives San Rafael.
Revolution Medicines ($987.3 million) and Vaxcyte ($794.3 million) each spent more on R&D than any company headquartered in the city, with no revenue.
UCSF and the research base
NIH RePORTER shows $982.7 million of NIH awards to 41 San Francisco organizations in fiscal 2025 (October 2024 to September 2025), across 1,580 projects. UC San Francisco received $824.2 million (84%), the Gladstone Institutes $47.7 million, the Northern California Institute for Research and Education $46.0 million and the California Pacific Medical Center Research Institute $25.2 million. Companies received 38 awards worth $27.7 million, nearly all small-business (SBIR or STTR) grants.
The city makes almost nothing. FDA's drug establishment file lists four registrations in San Francisco, one with manufacturing operations, and its cell and tissue registry lists one establishment registered for blood stem cell or immune cell products, UCSF Health's pediatric cellular therapy lab. Investigational manufacturing doesn't require registration, so trial supplies made in city labs won't show up.
How to find San Francisco biotechs
- Startups: search NIH RePORTER for UCSF and Gladstone principal investigators with small-business partners, and watch which ones form companies.
- The association: Biocom California has a Bay Area office, a member directory and the Career Hub job board.
- South San Francisco's list: the city's Biotech in SSF page links a company list, though it dates from April 2024.
- Filings: for listed companies, the 10-K cover gives the current headquarters, and the properties section shows lab leases.
Selling to San Francisco biotechs
Worked example: a startup finance firm
Illustrative example. The firm and fees are invented; the counts come from CBP 2023.
Fogline Finance (fogline.example) runs outsourced accounting and FP&A for venture-backed biotechs.
- Pick the size band. 83 of the city's 100 establishments have fewer than 20 employees; most can't justify a full-time finance team.
- Do the arithmetic. Reaching half (about 41) and converting 10% gives 4 clients; at $9,000 a month each, that's $432,000 a year.
- Time it to a financing. A new round brings board reporting, audits and budgets within weeks; a fresh Series A is the best moment to call.
For a list this small, research beats volume. Bebop researches each startup in a list and explains who to contact first.
For the largest companies nationally, see the largest biotech companies, and for the state's wider business base, companies in California.
Next step: compare another California cluster in biotech companies in San Diego.
Sources
- County Business Patterns (CBP), 2023, US Census Bureau, accessed 30 October 2026
- 2023 County Business Patterns datasets (county and metro files, NAICS 541714 and 325414), US Census Bureau, accessed 30 October 2026
- NIH RePORTER project search API (fiscal year 2025 awards), National Institutes of Health, accessed 30 October 2026
- Human Cell and Tissue Establishment Registration public query, US Food and Drug Administration, accessed 30 October 2026
- Drug Establishments Current Registration Site (DECRS) download, US Food and Drug Administration, accessed 30 October 2026
- Biotech in SSF, City of South San Francisco, accessed 30 October 2026
- 2026 Life Science Economic Impact Report, Biocom California, accessed 30 October 2026
- Biocom California member directory, Biocom California, accessed 30 October 2026
- Vir Biotechnology Form 10-K for 2025, Vir Biotechnology, Inc., via SEC EDGAR, filed 23 February 2026
- Olema Pharmaceuticals Form 10-K for 2025, Olema Pharmaceuticals, Inc., via SEC EDGAR, filed 16 March 2026
- Nektar Therapeutics Form 10-K for 2025, Nektar Therapeutics, via SEC EDGAR, filed 13 March 2026
- Jaguar Health Form 10-K for 2025, Jaguar Health, Inc., via SEC EDGAR, filed 7 April 2026
- Kyntra Bio Form 10-K for 2025, Kyntra Bio, Inc., via SEC EDGAR, filed 16 March 2026
- GT Biopharma Form 10-K for 2025, GT Biopharma, Inc., via SEC EDGAR, filed 2 March 2026
- Gilead Sciences Form 10-K for 2025, Gilead Sciences, Inc., via SEC EDGAR, filed 24 February 2026
- BioMarin Pharmaceutical Form 10-K for 2025, BioMarin Pharmaceutical Inc., via SEC EDGAR, filed 26 February 2026
- Exelixis Form 10-K for the fiscal year ended 2 January 2026, Exelixis, Inc., via SEC EDGAR, filed 10 February 2026
- Twist Bioscience Form 10-K for the fiscal year ended 30 September 2025, Twist Bioscience Corporation, via SEC EDGAR, filed 17 November 2025
- Rigel Pharmaceuticals Form 10-K for 2025, Rigel Pharmaceuticals, Inc., via SEC EDGAR, filed 3 March 2026
- Iovance Biotherapeutics Form 10-K for 2025, Iovance Biotherapeutics, Inc., via SEC EDGAR, filed 24 February 2026
- Cytokinetics Form 10-K for 2025, Cytokinetics, Incorporated, via SEC EDGAR, filed 26 February 2026
- Revolution Medicines Form 10-K for 2025, Revolution Medicines, Inc., via SEC EDGAR, filed 25 February 2026
- Vaxcyte Form 10-K for 2025, Vaxcyte, Inc., via SEC EDGAR, filed 24 February 2026
- Denali Therapeutics Form 10-K for 2025, Denali Therapeutics Inc., via SEC EDGAR, filed 26 February 2026
Written by the Bebop team at Blackpearl Group. Published .
Questions people ask
How many biotech companies are in San Francisco?
Census County Business Patterns counted 100 biotech research establishments in San Francisco County in 2023, with 2,269 employees. The wider five-county San Francisco metro, which includes South San Francisco, San Carlos and the East Bay, had 572 establishments and 28,042 employees. South San Francisco alone says it has over 250 biotech companies.
What is the largest biotech company in the San Francisco Bay Area?
Gilead Sciences in Foster City, with $29,443.0 million of 2025 revenue and about 17,000 employees, according to its 10-K. BioMarin in San Rafael ($3,221.3 million) and Exelixis in Alameda ($2,320.1 million) follow. Genentech, in South San Francisco, is part of Roche and doesn't file its own SEC annual report, so it isn't ranked here.
Which biotech companies are headquartered in San Francisco itself?
Six listed companies give a San Francisco headquarters in their 2025 10-Ks: Vir Biotechnology, Olema Pharmaceuticals, Nektar Therapeutics, Jaguar Health, Kyntra Bio and GT Biopharma. Vir is the largest by R&D, $456.0 million, with 367 employees. Most of the city's other biotechs are private startups with fewer than 20 employees.
How much do biotech jobs pay in San Francisco?
Biotech research establishments in San Francisco County paid $580.1 million to 2,269 employees in 2023, an average of $255,671 a year, according to Census County Business Patterns. Across the five-county metro the average was $227,597. Both averages cover every job at those sites, and small startups staffed mostly by scientists and executives push the city figure up.