Searching for the list of top 10 pharmaceutical companies in the world? This website, Chemistry Junction provides you a new, updated list of the top 10 pharmaceutical companies in the world.
This list of the 10 largest pharmaceutical companies in the world, is owned by only a w countries like out of these 10 companies, Five companies are American. Two companies are of Switzerland, two companies are of the ed Kingdom. And another company is in France.
Also, read – Top 10 Pharmaceutical Companies in India
The worldwide pharmaceutical market was worth about 1.3 trillion dollars in 2019, according to market research cited by “The Pharma Letter” By the end of 2020, this figure is set to rise to 1.43 trillion dollars. This global pharmaceutical market is expected to be worth 1.57 trillion dollars by the year 2023. So, in this global market, the USA’s market share is worth over 341.1 billion dollars.
After the effect of the global pandemic situation due to COVID-19, the market value of these all companies has decreased. After that ranking of some companies has changed.
So, here is the list of newly ranked top 10 Pharmaceutical companies in the world according to their revenue.
Market Cap – 51.75 billion dollars
Pfizer was founded in the year 1849. Currently, Pfizer Inc. is the world’s biggest pharmaceutical company by revenue. The company’s headquarter is in New York, USA. It is a multinational company that produces and develops medicines in many medical therapy areas like immunology, oncology, neurology, cardiology, and endocrinology including some rare diseases. The company received many approvals in the year 2018 by FDA also increasing profit year by year. Also, the company sees growth in some key products.
Market Cap – 50 billion dollars
Roche AG is a Swiss multinational company that is considered as the second biggest pharmaceutical company in the world. The company has diversified its business into two categories under Pharmaceutical and Diagnostics across the world. The company specializes in the area of cancer, immunology, and oncology. Last year the company collected a huge revenue just by selling some cancer-related medicines. Roche’s best-selling drugs also happen to be in the world’s top cancer drugs like Herceptin, Avastin, and Rituxan, etc.
Market Cap – 47.45 billion dollars
Novartis is one of the leading pharmaceutical companies in the world. Which is a Switzerland based multinational company? The company produces well-known drugs such as Diclofenac and Clozapine etc. Apart from this company mainly focuses on a great range of disease areas including oncology, immunology, dermatology, neuroscience and respiratory, etc. The company’s revenue grew by more than 5% compared with the year 2017 by selling some top-notch drugs. Novartis spent an approx 18% of its revenue in research and development to develop more news effective drugs in 2018. Presently, the famous best selling of company’s are Gilenya Sclerosis & Lucentis by which Novartis generates good revenue every year.
Market Cap – 46.84 billion dollars
Merck, an American based leading Pharmaceutical Companies in the world. Headquartered in New Jersey, USA. Merck is known as MSD outside of North America. The company is making and producing drugs, vaccines, and biologics in many areas including cardiovascular, oncology, endocrinology, and infectious disease. Some of the company’s top-selling products are Januvia, Zetia, and Remicade. The company generated a good revenue by increasing more than 12% in comparison to last year; selling one of the best selling drugs in cancer and immunotherapy are Keytuyda, HPV vaccine including Januvia tablets for diabetes.
5. GlaxoSmithKline – GSK
Market Cap – 43.54 billion dollars
GlaxoSmithKline – GSK is a British company headquartered in London UK. GSK is one of the leading company which is setting up a new position year by year. The company is working and researching on new innovative drugs. The GSK specializes in many areas but it is mainly successful in the area of HIV and AIDS, respiratory, and vaccines. The company’s best-selling HIV drugs are Trivicay and Triumeq, the Ellipta inhaler for asthma, and COPD & Nucala, another successful treatment for asthma. Recently before some time GSK got the key approval of Shingrix, made to treat the shingles virus, which was very successful.
6. Johnson & Johnson
Market Cap – 42.1 billion dollars
Johnson & Johnson (J&J), is a worldwide known, famous American multinational company headquartered in New Jersey USA. The company was established in 1886 which is one of the oldest ones. Household products such as Aveeno, Neutrogena, and Listerine (a mouth freshener liquid) are very famous those are produced by Johnson & Johnson. Recently the company has acquired a new rank under this list. For the last few years every year, the company is showing notable growth. The company’s research is focused on the pulmonary arterial hypertension portfolio. Mainly working areas of company’s are immunology, neuroscience, oncology, and infectious disease. The best selling drugs of J&J are Stelara, Darzalex, and Zytiga.
Market Cap – 33.27 billion dollars
AbbVie was founded in the year 2013, headquartered in Illinois, USA. Research-oriented American bio Pharmaceutical AbbVie has maintained its position in the list of the top 10 largest pharmaceutical companies. AbbVie’s top-selling products are Biaxin, Filmtab, Androgel, and Humira. Its upadacitinib which will be one of their most anticipated drugs will be used to treat moderate to severe levels of atopic dermatitis is approved by the FDA recently. The company’s major working areas are dermatology, oncology, neurology, and gastroenterology. Humira is the company’s one of the top-selling drug and Imbruvica, which is considered one of the best leading cancer drugs.
Market Cap – 27.77 billion dollars
Sanofi is the only french Pharmaceutical company that comes under this list. Sanofi is a French multinational company headquartered in Paris, France. The company specializes in a wide range of areas such as cardiovascular, central nervous system, diabetes, internal medicine, oncology, thrombosis, and vaccines. The company saw a growth in its revenue by more than 7%. A major part of the company’s revenue is being generated by selling its best three drugs. Lantus is an insulin injection for diabetes. Lovenox is an anticoagulant to prevent blood clots, and the third one is an Aubagio, to treat a form of multiple sclerosis.
Also, read – Top 10 Pharmaceutical Companies in India
9. Bristol-Myers Squibb
Market Cap – 26.15 billion dollars
Bristol Myers Squibb is an American pharmaceutical world’s one of the leading company, headquartered in New York, USA. The company has secured a new entry that comes now under the list of top 10 Pharmaceutical Companies. Bristol Myers Squibb’s major specializing areas are oncology, cardiovascular, fibrosis, and immune science. The company has succeeded in a leading drug cancer named Opdivo and a blood thinner Eliquis which helped to set a benchmark that comes under the list of top companies.
Market Cap – 23.57 billion dollars
AstraZeneca is a British-Swedish multinational Pharmaceutical and bio Pharmaceutical company. The company was founded in 1999. It’s headquarter is in England. It’s research and development center is in Sweden. The company’s major working areas are cancer, cardiovascular, gastrointestinal infections including neuroscience, respiratory, and inflammation.