Value Versus Headcount: What Do The Numbers Show?

Analysis Reveals Four Companies Made Over $1m Per Employee

Increases in employee numbers often go hand-in-hand with valuation rises as companies are acquired or product success demand increases in sales staff or manufacturing capacity. However, this is not always the case.  

Business growth
• Source: Shutterstock

A broad look at the relationship between valuation movement and headcount changes over a 10 year period for the top 15 biopharma companies by 2022 employee numbers reveals by-and-large what one would expect for these big, deal-making entities. Increases in employee numbers often go hand-in-hand with valuation rises as companies are acquired or product success necessitate increases to sales-staff or manufacturing capacity. However, there are a few standouts.

Open Media

More from Growth

More from In Vivo

Deals In Depth: June 2025

 
• By 

Five $1bn+ alliances were penned in June, and four exceeded $2bn.

Global Pharma Interest In Korea Undeterred Despite Political Roller Coaster

 
• By 

Despite recent political turmoil, outside investor and corporate interest in South Korean biopharma innovation appears robust or even increasing.

Podcast: Oxolife’s Agnés Arbat, Winner Of The European Prize For Women Innovators

 
• By 

Agnès Arbat, CEO of Oxolife and winner of the EU Women Innovators Prize, joins In Vivo to discuss OXO-001, a novel non-hormonal treatment aimed at improving embryo implantation in IVF. She shares insights from her biotech journey and the future of fertility innovation.