GSK is one of the biggest companies the world, and is also among the 100 most profitable companies in the world. Other flagship products including IMBRUVICA, MAVYRET, VENCLEXTA, Lupron, and Creon contributed to approximately 30% of the companys revenues. Pfizer's main competitors are Roche Holding AG, Eli Lilly and Co., AbbVie Inc., Novartis AG, and Merck & Co. . In 2019, Merck received approval for ERVEBO (Ebola Zaire Vaccine, Live) for the prevention of disease caused by Zaire ebolavirus in individuals aged 18 years and older. Check out the list of the top ten pharmaceutical companies in the world as referenced below: 10. The USA is the worlds biggest importer of pharmaceuticals, importing USD 99.7 billion worth of pharmaceutical products. The largest pharmaceutical company in the world is Pfizer, which was founded in 1849. The global pharmaceutical industry is expected to witness positive growth as the top pharma companies are at forefront of the fight against COVID-19. The COVID-19 pandemic affected the companys revenues due to the lockdown measures implemented in China. Sanofi is especially well-know for engaging in R&D, manufacturing pharmaceutical drugs principally in the prescription market, and the development of over-the-counter medication. The company signed agreements with Roche for the over-the-counter (OTC) rights to Tamiflu for the prevention and treatment of flu and with Eli Lily for rights to Cialis for erectile dysfunction. This helps our clients to analyze the disruptive potential of start-ups for early alliances, investments, and acquisition prospects to develop future-proof strategic roadmaps for a competitive advantage. The company plans to increase investment in research and development by $500m towards the development of anti-infective products and a COVID-19 vaccine named BNT162 mRNA. As of July 2019, Alexion Pharmaceuticals Inc is the fifteenth biggest pharmaceutical firm in the United States. Drug approvals during the year included SKYRIZI (risankizumab) for the treatment of plaque psoriasis and RINVOQ for the treatment of rheumatoid arthritis.AbbVie announced plans to acquire Allergan, a company specialised in medical aesthetics, neuroscience, womens health, and eyecare. China Resources Revenue: $119.6 billion Profits: $4.5 billion Rank: 70 Country: China 2. All companies bring in revenues in the USD billions of figures annually. 10. Novartis partnered with several organisations for COVID-19 research and development activities. Gazyva(obinutuzumab), for chronic lymphocytic leukemia. The pharma industry can vary significantly from country to country, based on the laws regulating it. Pfizer Headquarters: New York City, New York, USA, Novartis Headquarters: Basel, Switzerland, Merck & Co. Headquarters: Kenilworth, New Jersey, USA, Zocor Vioxx Fosamax Keytruda Januvia Primaxin, GlaxoSmithKline Headquarters: Brentford, United Kingdom, GlaxoSmithKline Revenue: USD 43.92 billion, GlaxoSmithKline Number of Employees: 99,437, Prescription and over-the-counter drugs for thrombosis, AbbVie Headquarters: Lake Bluff, Illinois, United States, CREON (pancrelipase) Delayed-Release Capsules, GENGRAF Capsules (cyclosporine capsules, USP), GENGRAF Oral Solution (cyclosporine oral solution, USP), NIASPAN (niacin extended-release tablets) [film-coated], Abbott Laboratories Headquarters: Abbott Park, Illinois, USA, Abbott Laboratories Revenue: USD 31.9 billion, Abbott Laboratories Number of Employees: 107,000. From Johnson & Johnson to Shanghai Pharmaceuticals, Pharmaceutical Technology lists the top ten pharmaceutical companies in 2020, based on revenues. The company has collaborated with health authorities, the National Institutes of Health, and Biomedical Advanced Research and Development Authority to develop therapies for COVID-19 treatment. Abbot Laboratories sells medical devices, diagnostics, branded generic medicines, and nutritional products. It is also collaborating with the Biomedical Advanced Research and Development Authority to develop a vaccine and with Luminostics to develop a self-testing solution. Majority of the companys revenues were contributed by established markets, including the US, Canada, Western Europe, Japan, Australia, and New Zealand. Clinical trials were commenced in September 2020 with data expected to be available in December 2020. Top ten pharma companies in 2020. Below you can find the 3 biggest pharmaceuticals companies in the world ranked by net income. Novartis is known for manufacturing many well-known drugs including clozapine (Clozaril), diclofenac (Voltaren), carbamazepine (Tegretol), valsartan (Diovan), imatinib mesylate (Gleevec/Glivec), cyclosporine (Neoral/Sandimmune), letrozole (Femara), methylphenidate (Ritalin), terbinafine (Lamisil), deferasirox (Exjade), and many others. Moreover, in the years between 2021 and 2028, the pharmaceutical industry is forecasted to grow by a compound annual growth rate (CAGR) of 11.34%. Review our
The global pharmaceutical industry is expected to witness positive growth as the top pharma companies are at forefront of the fight against COVID-19. Current estimates that global pharma spending will exceed USD 1.5 trillion by 2023. Sanofi. In 2020, the top 20 companies accounted for 42% of global pharmaceutical GDP. Emerging markets accounted for 30.2% of the companys sales during the year. Connect and track the latest news and insights from these companies. In the year of 2021, Sanofi witnessed a sale totalled of $36.6mn by its vaccine and . 1. The following table lists the largest biotechnology and pharmaceutical companies ranked by revenue in billion USD. How much is the pharmaceutical industry worth? Competition from biosimilars particularly of MabThera/Rituxan, Herceptin and Avastin in the US impacted sales by $1.55bn. Sanofi provides health solutions to 170 countries around the world and focuses on three areas: specialty medicine, vaccines, and general medicine. 5. The recent snag in J&J's COVID-19 journey was resolved on April 23 rd as the FDA and CDC determined that the benefits outweighed the risks for its single-shot vaccine. Check out the top 20 largest pharmaceutical companies in the world. Pfizer: $ 45,083 million. Takedas 2019 revenues were bolstered by the sales from products obtained through the acquisition of Shire in January 2019. The US contributed to 46% of Pfizers sales in 2019. It started recruitment for trails on its experimental COVID-19 vaccine candidate in September 2020. Annual Net Income in USD. Novo Nordisk company has affiliates in around 75 countries, eight branches globally, and production supplies in 180 countries. As on December-2021, Johnson & Johnson has 141,700 employees across 60 countries. Image courtesy of Dmitry Kalinovsky/Shutterstock. The five biggest pharmaceutical companies by market cap are Johnson & Johnson, Roche Holding, Pfizer, Novo Nordisk and Eli Lilly. The biggest pharmaceutical companies in the world are. The company was founded in 1896 by the Basel entrepreneur Fritz Hoffmann-La Roche. But Johnson & Johnson is a conglomerate, of which pharmaceuticals is just one segment. Top Pharmaceutical Companies to Work For. The vaccine candidate was announced in March 2020 and entered pre-manufacturing in June 2020. Pfizer acquired Array BioPharma and Therachon Holding for $11.2bn and $340m, respectively, in addition to AstraZenecas small molecule anti-infectives for $1bn. Many start-ups have achieved or retained the unicorn status by the end of the year to reflect nearly a fivefold growth from that in 2020. Please enter a work/business email address. As is typical for pharmaceutical firms, its principal business is medicines, biologics, vaccines, and consumer and animal products. It is a British company, but the majority of its revenue is derived from the US, and is listed in several countries, including the US, boasting revenue of $43.54 billion and operating profit of $6.8 billion. Nous, Yahoo, faisons partie de la famille de marques Yahoo. Pharmaceutical companies La Cerpal estimates that in the period 2017-2020 the amount of capital allocated to the five most important mergers and acquisitions in the sector in the world exceeded 260,000 million dollars, which represents almost 40% of the average sales . Johnson & Johnsons specialty is in research and development, medical device products, and the manufacturing of pharmaceutical products and the consumer level. The company generated revenues of USD 33.27 billion in 2019 and is known for R&D and developing and manufacturer some of the top pharmaceutical products including AndroGel (testosterone gel), Depakote (divalproex sodium) tablets, DUOPA (carbidopa/levodopa enteral suspension), and many more. This is why many countries across the world regulate the maximum price at which a drug can be sold, to allow the companies high margins and profits, while enabling more people to be able to purchase the drug as well. Only pharmaceutical sales are counted in the Top 10 largest pharma companies ranking. Number of Employees: 94,442. Image courtesy of anyaivanova/Shutterstock. Global pharma spending will exceed USD 1.5 trillion by 2023. Next 100 A staple to the top 10 pharmaceutical companies is American multinational, Merck & Co. The success story started at the end of the 19th century with a popular cough medicine developed in-house. Image courtesy of GlaxoSmithKline plc. The US has the largest pharmaceutical market in the world with a value of $339,694 million USD followed by Japan ($94,025 million USD) and China ($86,774 million USD). They haven't paid over $2 billion in taxes in the US, and are able to fill the image of the typical capitalist US company. The pharmaceuticals and vaccines divisions together accounted for 73.3% of the companys revenues while the consumer health division accounted for the remaining 26.7%. It's the second oldest existing company. Novo Nordisk (Denmark) - $21.00 billion 14. Roche brought in revenues of USD 63.85 billion last year and remains one of the largest pharmaceutical companies by revenue in the world ranking 2nd behind Johnson & Johnson for 3 years in a row. No positions in any of the stocks mentioned in this article. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address. 9. 18 of the top 30 biggest pharmaceutical companies are US-based. The pharmaceutical service segment accounted for 87.4% of the revenues while the pharmaceutical manufacturing segment accounted for the rest. List of largest biomedical companies by revenue, Learn how and when to remove this template message, List of largest biomedical companies by market capitalization, Johnson & Johnson Reports Q4 and Full-Year 2021 Results, "Johnson & Johnson Reports 2019 Fourth-Quarter And Full Year Results: | BioSpace", "Johnson & Johnson Reports 2018 Fourth-Quarter Results", "Johnson & Johnson Reports 2017 Fourth-Quarter Results: - Johnson & Johnson", "Johnson & Johnson Reports 2016 Fourth-Quarter Results - Johnson & Johnson", "Johnson & Johnson Reports 2015 Fourth-Quarter Results", "Johnson & Johnson Reports 2014 Fourth-Quarter and Full-Year Results - Johnson & Johnson", "Johnson & Johnson Reports 2013 Fourth-Quarter and Full-Year Results - Johnson & Johnson", "Johnson & Johnson Reports 2012 Fourth-Quarter and Full-Year Results", All For Health Health For All: Annual Report 2020, Pfizer Reports Fourth-Quarter and Full-Year 2021 Results, https://s28.q4cdn.com/781576035/files/doc_financials/2020/AR/PFE-2020-Form-10K-FINAL.pdf, Pfizer Reports Fourth-Quarter and Full-Year 2017 Results Provides 2018 Financial Guidance, "[Ad hoc announcement pursuant to Art. As 2020 progressed, drugmakers battled the coronavirus on one hand and on the other . The largest pharmaceutical company in the world is Pfizer. Swiss companies Novartis (No. The US accounted for the remaining 46% of the sales, which were affected due to the generic competition to anti-seizure drug Lyrica. Automatic Injection Pens and Auto Injectors for Self-Injection, Automated Test Solutions for Pharmaceutical Drug Delivery Systems, Contract Development and Manufacturing of Biopharmaceuticals and Liposomal Formulations, Thank you for subscribing to Pharmaceutical Technology. In 2019, Abbot Laboratories brought in annual revenues of USD 31.9 billion making one of the highest revenue pharmaceutical companies in the world. The Company applies science and global resources to bring therapies to people that extend and significantly improve their lives by discovering, developing, manufacturing, and distributing healthcare products, including innovative medicines and . It is about USD 4558.2 million, and in France, it is about 371.56 million USD. A total of $47.45 billion was raised by the company. Dec-2021. India is a rising player in the world of pharmaceuticals. It also formed a joint venture with Russian biopharmaceutical company Biocad for the development of biopharmaceutical products and signed co-operation agreements with Alembic and Adia, both based in India. In 2019, Pfizer brought in annual revenues of USD 51.75 billion and has been the 3rd ranked pharmaceutical company by revenue for the past 4 years, behind only Roche and Johnson & Johnson. Annual Report 2018", https://en.wikipedia.org/w/index.php?title=List_of_largest_biomedical_companies_by_revenue&oldid=1117595477, Pages with non-numeric formatnum arguments, All articles with bare URLs for citations, Articles with bare URLs for citations from March 2022, Articles with PDF format bare URLs for citations, Articles with bare URLs for citations from July 2022, Articles with dead external links from February 2022, Articles with bare URLs for citations from September 2022, Articles with dead external links from September 2022, Short description is different from Wikidata, Articles with bare URLs for citations from June 2022, Articles covered by WikiProject Wikify from June 2022, All articles covered by WikiProject Wikify, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 22 October 2022, at 15:29.
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