Biotech companies in San Francisco: 100 labs in the city, 572 across the Bay

When people say San Francisco biotech they usually mean the Bay Area, and the difference matters. The city itself has 100 small, very well-paid labs and one giant research university; the big companies and the manufacturing sit in South San Francisco, Foster City and the East Bay.

Market report5 min readPublished

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

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):

MeasureSan Francisco County
Establishments100
Employees2,269
Annual payroll$580,118,000
Employees per establishment22.7
Average annual pay$255,671
Share of US establishments1.64% 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 establishmentEstablishments
1 to 461
5 to 916
10 to 196
20 to 495
50 to 997
100 to 2493
250 or morenot published
Size bandEstablishments
1 to 19 employees83
20 to 99 employees12
100 or more employees5 (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:

CompanyRevenueR&DCash and short-term investments, 31 Dec 2025Employees
Vir Biotechnology$68.6M$456.0M$461.0M367
Olema PharmaceuticalsNone reported$157.7M$505.4M
Nektar Therapeutics$55.2M$117.3M$245.7M63
Jaguar Health$11.5M$25.0M$1.0M (cash only)
Kyntra Bio$6.4M$23.5M$89.0M34 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:

CompanyHQ (10-K cover)RevenueR&DEmployees
Gilead SciencesFoster City$29,443.0M$5,799.0Mabout 17,000
BioMarin PharmaceuticalSan Rafael$3,221.3M$921.9M3,221
ExelixisAlameda$2,320.1M$825.0M1,077
Twist BioscienceSouth San Francisco$376.6M$80.3M
Rigel PharmaceuticalsSouth San Francisco$294.3M$33.3M
Iovance BiotherapeuticsSan Carlos$263.5M$300.3M
CytokineticsSouth San Francisco$88.0M$416.0M673
Revolution MedicinesRedwood City$0$987.3M883 full-time
VaxcyteSan CarlosNone reported$794.3M507 full-time
Denali TherapeuticsSouth San Francisco$0$418.8Mabout 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

  1. Startups: search NIH RePORTER for UCSF and Gladstone principal investigators with small-business partners, and watch which ones form companies.
  2. The association: Biocom California has a Bay Area office, a member directory and the Career Hub job board.
  3. South San Francisco's list: the city's Biotech in SSF page links a company list, though it dates from April 2024.
  4. 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.

  1. 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.
  2. 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.
  3. 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

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.

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