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Top 10 World's Most Innovative Companies by Forbes

In 2017 the Forbes edition in cooperation with the Innovator consulting company published the updated, seventh list of 100 most innovative companies.

The place in the rating is determined based on the data on the difference between market capitalization and cash flow from current activities. It should be noted that there are new players in it (Danish Pandora and GenMab, American Ulta Beauty and Canadian Constellation Software). Investors also paid attention to such Russian companies as Magnit and Norilsk Nickel.

Top 10 World's Most Innovative Companies by Forbes

10. REGENERON PHARMACEUTICALS — The USA

Regeneron Pharmaceuticals, Inc. operates as a biopharmaceutical company. It discovers, invents, develops, manufactures, and commercializes medicines for the treatment of serious medical conditions. Its products include Eylea injection, which is used for the treatment of neovascular age related macular degeneration. REGENERON's partners in product development and promotion - Sanofi and Bayer - bring company's products to foreign markets.

Top 10 World's Most Innovative Companies by Forbes

9. NAVER Corp. — South Korea

NAVER Corp. engages in the provision of internet advertisement and search portal business. It offers services through the internet portals such as Naver, Jr. Naver and Happybean. The Jr. Naver offers educational content for children. In 2011, the company created the Line system, instant messaging service for smartphones. Currently, the projects overseen by the company are expanding, covering an increasing number of users around the world.

Top 10 World's Most Innovative Companies by Forbes

8. ASIAN PAINTS LIMITED — India

This Indian largest paint and varnish company, founded in 1942, is engaged in the production and marketing of industrial and decorative coatings. The company's field of activity includes special chemical products such as paints for interior and exterior finishing of wooden and metal surfaces, protective and floor coverings, materials for road marking, etc.

ASIAN PAINTS also provides services in the selection of colors, the forecast of color trends, and tinting.

Top 10 World's Most Innovative Companies by Forbes

7. HINDUSTAN UNILEVER LIMITED — India

Initially, in 1933, this largest consumer goods and household goods company in India was established as Lever Brothers India Limited. Then, in 2007, it was renamed Hindustan Unilever Limited to provide the best balance between maintaining the company's heritage and future innovations. Now it is one of the world leaders in the market of food products and household chemical goods (including perfumery).

Top 10 World's Most Innovative Companies by Forbes

6. INCYTE CORP. (INCY) — The USA

Incyte Corp. is a biopharmaceutical company established in 1991, which focuses on the discovery, development, formulation, manufacturing and commercialization of proprietary therapeutics to treat serious unmet medical needs, primarily in oncology.

Top 10 World's Most Innovative Companies by Forbes

5. NETFLIX, INC. — The USA

American entertainment company NETFLIX, Inc. was founded in 1997.

Since 2013, NETFLIX has become the first one among the suppliers of its own films, TV shows and TV programs on the Internet and soon received 14 Emmy Award nominations. And in 2016 the company released original serials and films more than any other network or cable channel. At the moment, it has over 100 million customers around the world.

Also, the company orders and exclusively broadcasts on its own online service stand-ups of many popular comedians.

Top 10 World's Most Innovative Companies by Forbes

4. SHANGHAI RAAS BLOOD PRODUCTS CO. LTD. — China

Shanghai RAAS Blood Products Co., Ltd. engages in the research, development, and manufacture of blood products and plasma-derived medical products. It also offers vaccines, diagnostic reagents, and testing equipment and services. The company was founded on October 29, 1988 and is headquartered in Shanghai, China.

Top 10 World's Most Innovative Companies by Forbes

3. AMAZON.COM INC. — The USA

Amazon.com was founded by Jeffrey P. Bezos in July 1994. The company provides online retail shopping services. It serves consumers through its retail websites with a focus on selection, price, and convenience. It designs its websites to enable its products to be sold by the company and by third parties across dozens of product categories.

Top 10 World's Most Innovative Companies by Forbes

2. TESLA INC. — The USA

Tesla, Inc. engages in the designing, development, manufacturing and sale of electric vehicles and electric power train components. Its products include electric vehicles such as the Model S, Model X, Model 3 and the Tesla Roadster. The company also manufactures home batteries and solar roof. Tesla was founded by Jeffrey B. Straubel, Elon Reeve Musk, Martin Eberhard, and Marc Tarpenning on July 1, 2003 and is headquartered in Palo Alto, CA.
Top 10 World's Most Innovative Companies by Forbes

1. SALESFORCE.COM INC. — The USA

The first place in the ranking was taken by another American company - SALESFORCE.com, since 1999 specializing in creating software products for large corporations. For example, the CRM system of the same name, which is provided exclusively to customers by the SaaS model, and PaaS-platform for self-development of applications, and cloud database management system Database.com.

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