Air Products

Air Products and Chemicals ("Air Products") is a leading global supplier of industrial gases—including oxygen, nitrogen, argon, hydrogen—and related equipment serving diverse industries such as chemicals manufacturing, refining/metals processing/electronics/food/pharmaceuticals/life sciences. While it does not develop drugs or biologics itself nor operate as a biotech/pharma/CDMO/CRO company per se, it plays an essential supporting role by supplying high-purity gases and turnkey cryogenic storage solutions to the pharmaceutical and biomedical sectors—enabling safe sample storage and compliance with regulatory standards like GMP or Medical Device Regulation. The company has approximately $12 billion annual revenue, employs about 23k people globally, trades on the NYSE under symbol APD, was founded in Detroit in 1940, has headquarters near Allentown/Trexlertown PA, operates worldwide across more than fifty countries, leads major clean hydrogen projects for decarbonization efforts globally, spun off its materials division Versum Materials in 2016 which was later acquired by Merck KGaA. Its key offerings to the health sector are specialty medical-grade gases/liquid nitrogen/comprehensive cryo-storage systems rather than therapeutics or diagnostics.