However, other high-selling drugs include the spinal muscular atrophy drug Cosentyx, Zolgensma, for treating MS, Kesimpta, to treat severe aplastic anemia, and Promacta/Revolade for breast cancer treatment. The company brought in $119.6 billion in revenue and $4.5 billion in profits. The following is a list of independent pharmaceutical, biotechnology and medical companies listed on a stock exchange (as indicated) that have generated a revenue of at least US$ 10 billion, ranked by their revenue in the respective financial year. Having been the lists biggest R&D spender in the past two years, Roches USD 13.1 billion spend last year trails only Pfizers $13.8 billion. Nature. Mark Saldanha is the C.E.O. From start-ups to market leaders, uncover what they do andhow they do it. Its leading product for human treatment is Keytruda, a therapy that helps to extend the life of people living with melanoma, Hodgkin lymphoma, and cancers of the breast, cervix, stomach, head, neck, and lung. 1,68,768.88 cr. In early March, AbbVie announced that its RINVOX (upadacitinib) treatment for systemic lupus erythematosus was being advanced to phase 3 clinical trials based on the results of its phase 2 study. Formed by the merger of Glaxo Wellcome plc and SmithKline Beecham plc in 2000, GSK specialises in fields of pharmaceutical, biologics, vaccines and consumer healthcare. The anti-diabetic medication is widely prescribed to treat type 2 diabetes to control blood sugar levels. The companys R&D programme is centred in the Lupin Research Park, which houses over 1,400 scientists near Pune and Aurangabad. Markets; TSX: 20024.63 +352.38 . The company is a leading manufacturer of mRNA therapies that alter instructions sent to the immune system in the body to prevent disease and treat existing conditions. 10. As a Premium user you get access to the detailed source references and background information about this statistic. In August 2020, they will release a more robust version of FabiFlu. A more recent strategy has tried understanding how disease and infection are controlled at the molecular and physiologic levels and then targeting specific entities based on this understanding. Piramal Healthcare takes place in Indias top ten pharma businesses. * Excluding non-pharmaceutical revenues. So let's now take a look at some of the companies looking to achieve supremacy in the drug industry, starting with number 20: 20. Companies are developing innovative treatments in areas like immuno-oncology and neurology, as well as novel options for rare diseases. Since its inception at the turn of the 19th century, the pharma business has grown out as one of the most profitable and influential globally, generating both praise and criticism. Currently, you are using a shared account. AstraZenecas focus is broad and covers multiple segments of the healthcare industry with its acquisition of numerous smaller pharmaceutical companies including Alexion, which opened the doors for further research and development of treatments for rare diseases. Leading pharmaceutical products by sales worldwide in 2022 (in billion U.S. dollars) [Graph]. IDPL is Indias largest Central Pharma Public Sector Undertaking, having plants in Rishikesh, Gurgaon, and Hyderabad and two subordinate units in Chennai and Muzaffarpur. Cipla is a prominent firm with high-quality products for every branded and generic Medicine; we have strengthened our leadership in Indias pharma industry over the last few decades. In 1999, the firm went public in India and created its first research facility. The company has more than forty drugs in the pipeline for anti-cancer drugs and some to treat cardiac issues. In fact, Comirnaty's output by itself would rank Pfizer ninth overall. The headquarters are in New York, New York. Paxlovid was its top drug, securing FDA approval for the treeatment of Covid-19, with Comirnaty, its top-selling Covid-19 vaccine. Its products are sold in more than 100 countries throughout the world. Additionally, Roche is projected to be the globes second biggest company by Rx sales by 2028. The drug treats infections occurring after transplants. The list is based on their current growth, regulatory approval, and manufacturing location. Technicians working for the business created the worlds first working capital market. Overall, the majority of the biopharmaceutical companies maintained their ranking in Q4 2021 and Q1 2021. In terms of pharmaceuticals, Johnson & Johnsons focus is on six therapeutic areas: cardiovascular disease and metabolism, infectious diseases and vaccines, neuroscience, oncology, immunology and pulmonary hypertension. Its headquarters are in Basel, Switzerland, but the company established its global status with its dual focus on pharmaceuticals and diagnostics. Bayer is a name brand that most American households easily recognize because of The Aspirin and other products that The company has provided for decades. After completing a voluntary licencing agreement with the parent company and DCGI permission for limited emergency use in COVID-19 treatment of critical confirmed patients, the company introduced Gilead Sciences remdesivir under the brand name CIPREMI in India in July 2020. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2023, Quarterly smartphone market share worldwide by vendor 2009-2023, Number of apps available in leading app stores Q3 2022, Research expert covering health, pharma & medtech, Profit from additional features with an Employee Account. Takeda is a Japanese pharmaceutical company that maintains a global presence in 80 countries with a full pipeline of assets at the clinical stage. In 2020, it was rated 100th on the Fortune India 500 list. It spent more than $7 billion in research and development for its massive lineup of treatments for the Covid-19 virus, oncology, immunology, diabetes, neurosciences, and other treatments and therapies. Growth for ICRAs sample of 21 Indian pharma companies was mild in Q2 FY22, at 6.4 per cent, decrease from 16 per cent in Q1 FY22. You only have access to basic statistics. COVID-19 vaccines and treatments continue to make headline news and bring in huge revenues for sponsor companies, but Pharma Execs 2022 Top 50 Companies ranking suggests that many non-COVID products are once more driving big gains. These include Revlimid (formerly a Celgene product) this year, Eliquis in 2026, and cancer PD-1 immunotherapy Opdivo in 2028. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. By the early 1990s, the companys growing scale and profitability from these unregulated markets helped to get a drug regulator certification for their formulations and drug manufacturing plants in more-developed economies. According to the Brand Trust Report 2014, a survey done by Trust Research Advisory, a brand analytics company, Dr Reddy Laboratories, was among 1200 of Indias most trusted companies in 2014. Novo Nordisk is a company that focuses on sustainability and environmental concerns In The production of its products, and it remains committed to cutting CO2 emissions. Eli Lilly is based in Indianapolis, Indiana, USA. Norwich, NR6 6BB UK, We use cookies to ensure that we give you the best experience on our site. [Online]. Dollars). However, the leading prescription drugs for The company are Ronapreve, with 5.828 billion In sales, Elea with $5.792, and Libtayo with$ 306 million. Big conglomerates like Sinopharm, Shanghai Pharmaceuticals, and Jointown dominate the list, while other national champions in the midst of expanding their innovation efforts like Jiangsu Hengrui and WuXi also feature. 5. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Comprehensively, the top 10 Pharma companies in China had a total market cap of $159,240 million (as of Mar 31, 2023), with Jiangsu Hengrui Medicine Co Ltd having the highest ($39,754 million), followed by BeiGene Ltd ($22,664 million), and Chongqing Zhifei Biological Products Co Ltd ($19,078 million), while Walvax Biotechnology Co Ltd is the lowest ($8,068 million). In 1984, he decided to start Dr Reddys Laboratories. Show publisher information Given the Covid-related concerns, revenue growth for the sample set in the US market remained subdued, owing to high single-digit to low teens price erosion and prior inventory disposal. Required fields are marked *. Lupin Ltd.Dr Desh Bandhu Gupta, Founder and Former Chairmen of LUPIN LTD, is the name of the Lupin Founder, and the Lupin is headquartered in Mumbai. Divis is a public limited is a listed company and has a revenue of Rs 1,741 crore for 2020-21. Johnson & Johnson, Eli Lilly and Co, AbbVie Inc, Merck & Co Inc, and Pfizer Inc are the top 5 pharma companies in the US in 2023 by market capitalization (as of Mar 31, 2023). This makes Cominarty the best-selling drug in a single year of all time by a huge margin. It expects to deliver as many as 800 million doses annually of its PTX-COVID19-B vaccine, currently in development. Up two places from last year, French heavyweight Sanofi which still has its own COVID-19 vaccine candidate in development and hopes to bring it to market in the next 12 months has been on a spending spree in recent years, hoovering up 14 companies in the last 24 months. Additionally, the firm is in the middle of a restructuring process aimed at pruning its general medicine pipeline. Sundry Photography / Getty Images. In April 2022, China Resources entered an agreement with pharmaceutical company Everest Medicines to establish a separate company dedicated to producing mRNA vaccines. Cipla Khwaja Abdul Hamied is the co-founder of Cipla. By The end of 2020, its Rx sales skyrocketed with strong sales for The Covid-19 therapy drug Veklury, also known As Remdesivir. Learn more about how Statista can support your business. KAPL is a WHO-GMP accredited firm. Show sources information Zydus Cadila, founded by Raman Bhai Patel, is ranked 7 in India by 2020, with a global presence in more than 25 countries and more than 30 manufacturing locations in India, the United States, and Brazil. These 10 companies reported financials with a March 31, 2022, fiscal year-end: Astellas Pharma, Aurobindo Pharma, Cipla, Daiichi Sankyo, Eisai, Mitsubishi Tanabe Pharma, Ono Pharmaceutical, Sumitomo Pharma, Sun Pharmaceutical Industries, and Takeda Pharmaceutical. Torrent Pharmaceuticals Ltd is an Indian multinational pharmaceutical firm headquartered in Ahmedabad and controlled by the Torrent Group. It focuses on chronic and acute treatments. Modernas sales for The year were $19.167 billion with expenses for research and development. The COVID-19 pandemic provided a tremendous opportunity for some drug companies to expand their operations as they got involved with the manufacture and distribution of vaccines. "Leading Pharmaceutical Products by Sales Worldwide in 2022 (in Billion U.S. Another British firm, GSK, rounds out the Top 10, down one position on the previous year. Dont forget to follow @INN_LifeScience for real-time updates! They offer hope for millions in need of medical solutions. ), situated in Pune, India, is the government of Indias first public sector medicine production company. Climbing one position in 2022, Chicago-headquartered AbbVie saw a USD 11 billion boost in sales last year, primarily driven by its flagship Humira drug. In 1984, he decided to start Dr Reddys Laboratories. (March 7, 2023). 8. Noah Bolton. As soon as this statistic is updated, you will immediately be notified via e-mail. Headquarters for The company is In Cambridge, m. The two-stage vaccine brought In a total of $17.675 billion In Rx sales for 2021. Revenue: USD 81.3 billion. Watch on 10. Glenmark Pharmaceuticals Limited is an Indian pharma firm headquartered in Mumbai, India. It manufactures Tablets, Capsules, Liquid Orals, and Oral Rehydration Salts. product, rHU-Erythropoietin (Hemax). Mr Ajay Piramal is in charge of the company. Catalent HQ: New Jersey, United States CEO: Alessandro Maselli Revenue: USD 3.99 billion (2021) ( Link to latest annual report) The total Rx sales for 2021 were $20.119 billion with research and development expenses of $3.716 billion. Kallam Anji Reddy, the companys founder, was born in Tadepalli, Andhra Pradesh. Statista. The WHO made the following observations on IDPL: IDPL had accomplished in ten years what others had accomplished in 50. Industrialized countries have thoroughly reviewed the quality of IDPL products, and many wish to purchase from here. Amgen also expanded The use of The drug Otezla, known As Apremilast for The treatment of all types of plaque psoriasis with sales also increasing with The new indications approved for its prescription to patients. Sales in billion U.S. dollars Pfizer Merck & Co Johnson & Johnson Novartis AbbVie Roche Bristol-Myers Squibb AstraZeneca Sanofi GlaxoSmithKline 0 10 20 30 40 50 60 70 80 90 Additional Information. Amgen Inc spent slightly under $5 billion for its research and development with total revenues of slightly under $26 billion for 2021. Novartis climbed two places last year up to third position, with sales in excess of USD 51 billion. Named the Indo-American Corporate Excellence Awards Best Innovative Company of the Year 2021. Glenmark was Indias fifth-largest pharmaceutical firm by 2008. Given the solid cash levels, ICRA expects the sample sets capital structure and coverage measures to remain comfortable despite rising Capex and R&D expenses. If you are an admin, please authenticate by logging in again. The top 10 Big Pharmas for diversity, equity and inclusion in 2022. It spent more than $5 billion on research and development of current treatments In its pipeline, however, the pandemic harmed sales of its Hepatitis C and HIV treatment drugs, however, Gilead Sciences has emerged as a leader in its production of Covid-19 treatments. For the next ten years, Kallam Anji reddy was a member of two manufacturing units. of Marksons, a pharm firm with seventeen manufacturing facilities and five R&D centres dedicated to improving peoples lives. It rose to become the second biggest company in Rx sales globally for 2022. ), gastro-intestinal, diabetology, anti-infective, and pain management therapeutic segments. Another R&D budget ranking has arrived, and Roche remains the top dog among the world's largest pharmaceutical companies. Novo Nordisk has honed its efforts on both type 1 and type 2 diabetes, obesity, hemophilia and growth disorders. Darzalex is a leader in multiple myeloma treatment. Hong Kong) in 2021 by Revenue, Top 10 Pharmaceuticals Companies in South Korea in 2021 by Revenue, GlobalData Plc 2023 | Registered Office: John Carpenter House, John Carpenter Street, London, EC4Y 0AN, UK | Registered in England No. Top 10 Global Pharma Companies 2022 Patrick Burton on 07.09.2022 Tags: Global, Rankings, Pfizer, AbbVie, Novartis, J&J, Roche, BMS, MSD, Sanofi, AstraZeneca, GSK You need at least a Starter Account to use this feature. All Rights Reserved. They did well in sales for influenza vaccines through the third quarter, with sales dropping off as influenza vaccination rates went into a decline in 2021. Its a strong and stable company that continues to advance in the improvement of medications and treatments to enhance human health and longevity. TrialSpark acquires clinical-stage drugs . Torrent Pharmaceuticals Ltd.Sudhir Mehta and Samir Mehta founded Torrent Pharma, which now operates in over 50 countries and has over a thousand products registered globally, with over 8800 workers. The headquarters are In Tarrytown, New York. 2. Lupins world-class production facilities are located in India, Japan, the United States, Mexico, and Brazil. Your trusted source for investing success, Pharma Stocks: 5 Biggest Companies in 2023. Divis LabsThe company is ISO-9001 (Quality system), ISO-14001 (Environmental management system), and OHSAS-18001 certified. CSL reported financials with a June 30, 2022, fiscal year-end. U. N. Mehta promoted it as Trinity Laboratories Ltd, but it was eventually renamed Torrent Pharmaceuticals Ltd. Pfizer Inc is the number one pharmaceutical company in revenue. Sanofi S.A. researches and develops pharmaceutical products for vaccines, specialty care, and general medicine for healthcare industries worldwide. A recent USD 3.3 billion deal for clinical-stage biopharma Affinivax will add novel pneumococcal vaccine candidates to GSKs pipeline and support the development of its vaccines and specialty drugs. to incorporate the statistic into your presentation at any time. Top 10 Pharmaceutical Companies in Europe in 2022 by Market Capitalization Share Showing 10 out of 25 companies. Torrent Pharmaceuticals is present in over 40 countries and globally has over 2000 product registrations. Jardiance was The leading drug for 2021 with sales of $3.187 billion, followed by $2.929 billion for Ofev, and 1.837 billion for Tradjenta. Divis is a public limited is a listed company and has a revenue of Rs 1,741 crore for 2020-21. The company is one of the oldest pharmaceutical businesses in the United States. Sun PharmasPharma is well-known for active pharma ingredients (APIs) and formulations. It jumped five places over the past year to emerge as the largest. In March 2023, Johnson & Johnson announced it had been named to Fortune's 2023 Most Innovative Companies list, landing in the top 20. Some of its best-selling drugs in the past few years include Taltz, Jardiance, Versenio, Olumiant, and bebtelovimiab. The pharmaceutical industry had a big year in 2021. Manufacturing. It has also grown into nephrology and cancer therapy while focusing on gynaecology and paediatrics. Bruce Willis family missed a common early dementia symptomand theyre not alone. AZ was of the early winners of the race to develop COVID vaccines although its Vaxzeveria has since been usurped by the mRNA products developed by the likes of Pfizer and Moderna. items from twenty-five pharma manufacturing facilities in India. As a Premium user you get access to background information and details about the release of this statistic. Learn more about how Statista can support your business. Currently, you are using a shared account. Save my name, email, and website in this browser for the next time I comment. The company is a spinoff of Abbott Pharmaceuticals. However, they are the latest of its innovative line of drugs that fight cancer. New Yorks Bristol Myers Squibb (BMS) climbed two places last year from eighth to sixth but faces patent expiry pressure on some key products in the coming years. CEO Emma Walmsley decreed that the spinoff of GSKs consumer healthcare business newly named Haleon represents the most significant corporate change for GSK in 20 years: creating two new, exceptional companies with ambitious targets for growth and with a clear purpose to positively impact the health and lives of billions of people.. Matej Mikulic. Pfizer $220.56 billion Co-developer and owner of the COVID-19 market's "it" vaccine, Pfizer is sitting atop of the world in the books of top biopharma companies. Revenues for all vaccines are expected to reach $47 billion by 2025, according to Deloitte. Its a new pharmaceutical under the GSK umbrella that will result from its planned demerger with the consumer healthcare segment of the business. Please create an employee account to be able to mark statistics as favorites. Viatris is a leader in the production of life-saving heart and cardiovascular treatments. The company manufactures active pharma ingredients in India: Ankleshwar, Vadodara, and Patalganga. Roche works in the two main areas of antibody drugs and biosimilars. Roche spent 14.05 billion Swiss francs on R&D in 2022, or roughly $15.15 . We also carry some very important aspects of internal & external trade, international affairs which directly or indirectly affects the global as well as Indian economy. Most of its work is on discovery and development, securing FDA approval, and manufacturing and marketing its products globally. Khwaja Abdul Hamied is the co-founder of Cipla. The New York-based firm recorded overall prescription drug sales of USD 72 billion, 37 billion of which was generated by its COVID vaccine Comirnaty developed in partnership with BioNTech alone. Companies are focused on specialized medicines, injectables, complex generics, and first-to-file chances to boost margins in the US industry, which has been hit by pricing pressure. For the next ten years, Kallam Anji reddy was a member of two manufacturing units. Top 10 Pharmaceutical Companies in India: 1. Gilead Sciences earned a place In The history books with The first Covid-19 therapy drug to receive approval from The United States Food and Drug Administration In 2020. sales continued to rise through 2021. It employed 9,200 people. Bengal Chemicals & Pharmaceuticals Ltd. (BCPL), originally Bengal Chemical & Pharmaceutical Works Ltd. (BCPW), is a chemical and pharmaceutical company controlled by the Indian government. Use Ask Statista Research Service. It has been a hot topic of conversation in the business world. 3. Another firm facing patent expiries on key products is Merck & Co. (MSD internationally). The company is also aiming to be among the top 3 Pharma companies in India by 2022. Drug discovery refers to the process of developing and creating drugs. In 2020, it received the Golden Peacock Award for Corporate Social Responsibility. He saw his father make herbal drugs and distribute them for free. Dilip Sanghavi founded Sun Pharma. The company manufactures and sells treatments for neurological diseases, oncology, immunology, and cardiology. Lupins R&D includes: Pharmaceutical Research Advanced Drug Delivery Systems (ADDS) Research Intellectual Property Management Novel Drug Discovery and Development (NDDD) Biotechnology Research. 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Karnataka Antibiotics & Pharmaceutical Ltd. Karnataka Antibiotics and Pharmaceuticals Limited (KAPL) in Bengaluru is a Government of India Enterprise. Both acquisitions are expected to significantly expand Merck's treatment portfolio and revenue-generating capacity. Jiangsu Hengrui Medicine Co Ltd, BeiGene Ltd, Chongqing Zhifei Biological Products Co Ltd, Yunnan Baiyao Group Co Ltd, and Huadong Medicine Co Ltd are the top 5 pharma companies in China in 2023 by market capitalization (as of Mar 31, 2023). New technologies and Data Management/ Informatics solutions are being used to accelerate this process. PharmaBoardroom Limited Cipla is a prominent firm with high-quality products for every branded and generic Medicine; we have strengthened our leadership in Indias pharma industry over the last few decades. Securities Disclosure: I, Lauren Kelly, hold no direct investment interest in any company mentioned in this article. The five biggest pharmaceutical companies by market cap are Johnson & Johnson, Novo Nordisk, Eli Lilly, AbbVie and Merck. Revenue: $56.2 billionProfits: $11.5 billionRank: 227Country: U.S. Revenue: $52.9 billionProfits: $24 billionRank: 248Country: Switzerland, Revenue: $52.1 billionProfits: $1.2 billionRank: 254Country: Germany. Inventiva cover entrepreneurship articles & stories and interviews of entrepreneurs, ceo, cxo, top management, reviews of products and services & tech, ai, ml, vr, analytics news. It became the leading product with blockbuster sales, along with increased sales of hospital acute care products, vaccines, and drugs to treat diabetes and cancers. DIPP Registration & Certificate No. Bristol-Myers Squibb is another old pharmaceutical company that has been in business for 135 years as of 2022. Fierce Pharma. This is accompanied by a reimbursement structure more favourable for originator drugs, as well as US doctors being more reluctant to substitute biosimilars for branded products. Data for this article was compiled using Investing.coms stock screener on March 28, 2023, and stocks are listed from largest to smallest. For Pfizer, which ranks fourth out of all global pharmaceutical companies by revenue, COVID-19 vaccine production made up nearly half its annual revenue, accounting for $36.8 billion total. It is owned by the Government of Indias Ministry of Chemicals and Fertilizers. With 194 products in the 2023 R&D pipeline, Roche leads the ranking, closely followed by another Swiss company, Novartis, and by Japanese Takeda. If you are an admin, please authenticate by logging in again. It is a source of generic APIs. The company has a long-standing history of researching and developing innovative breakthroughs in medicines that go back more than 250 years. ICRA forecasts R&D spending to stabilize at present and remain in the range of 6.5-7.5 per cent of revenues as businesses continue to focus on complex generics, first-to-file chances, and speciality products, all of which require higher R&D expenses. Given the aforementioned numbers, it was no surprise that Pfizer vaulted from the eighth spot in our previous company rankings to No. Only a tiny percentage of all compounds for use in humans is eventually approved, only after expenditure in pre-clinical development, safety monitoring and clinical trials to determine a compounds safety and efficacy. Overall, ICRA anticipates price erosion in the mid to high single digits in FY2022, According to the agencys statement. Sun Pharmaceutical Industries Ltd. Sun Pharmaceutical is Indias largest multinational pharma corporation, with over 40 manufacturing facilities. To use individual functions (e.g., mark statistics as favourites, set Your email address will not be published. The Indian pharma sector is predicted to expand at 9-11 per cent annual rate in 2021-22 (FY22), thanks to a push from domestic and emerging markets in the coming quarters, according to credit rating agency ICRA. After studies have shown that the drug had some effectiveness in COVID-19 treatment, the business marketed a prospective COVID-19 drug Favipiravir under the brand name FabiFlu in India in June 2020. The ideal entry-level account for individual users. Sun Pharma was ranked second in Indias Most Reputable Brands (Pharma) list by BlueBytes, a leading Media Analytics firm, collaborating with T.R.A. However, the leading drug for 2021 was Evusheld for preventing Covid-19 infections in persons with a weak immune response. However, its another top-selling product for treating prostate cancer, with its antipsychotic drug Invega for schizophrenia treatment in adults. Amgen Inc is headquartered In Thousand Oaks, California, USA. Piramal Group is a torchbearer of trusteeship and responsible business attitude, led by Mr Ajay Piramal, Chairman. Revenue: $93.8 billionProfits: $20.9 billionRank: 107Country: U.S. Revenue: $81.2 billionProfits: $22 billionRank: 137Country: U.S. Revenue: $72 billionProfits: $15.2 billionRank: 169Country: Switzerland. Gilead Sciences is The fourteenth largest pharmaceutical company In The world for 2022. MSD had a difficult 2020/2021, with the shelving of its two COVID-19 vaccine candidates, but pivoted to developing treatments to the disease. The company reported revenues of $4,016 million for the fiscal year ended December 2021 (FY2021), a decrease of 0.07% over FY2020. sales of its drugs Lumakras/Lumykras generated revenues that took Amgen Inc to The top of its game with a record In revenue for 2021. Thomas Schinecker is set to replace long-standing CEO, Severin Schwan, in the leadership shakeup Roche announced a few months ago. We welcome your feedback. The U.S. placed five pharmaceutical companies on this years Fortune Global 500, four of which were in the top 10 by revenue. Kallam Anji Reddy worked at IDPL Pharma for six years until leaving in 1973. Other FDA-approved pharmaceutical products on the market today include Exkivity, or Mobocertinib for treating non-small cell lung cancer, and Takhzyro for the prevention of a hereditary medical issue called angioedema. Terms & Conditions. As of October 2022, Torrent Pharma had a market capitalization of Rs 1,35,847 crore. Lupins research programme encompasses the entire pharma product cycle. Eli Lilly has research and development facilities and manufacturing plants in eight countries and has done clinical research in over 50 countries. Sign up for theFortune Features email list so you dont miss our biggest features, exclusive interviews, and investigations. Top 10 Pharma Companies by Revenue (Updated 2023) May 23, 2023 . Torrent Pharma is involved in the cardiovascular (CV), central nervous system (C.N.S. Its currently working with BioNTech to produce a vaccine for shingles based on mRNA discovery. Its a global player in the pharmaceutical industry, known for its innovations in treatments for hematology, immunology, cancer, and cardiovascular disease. Additionally, Novartis recently announced the divestment of its underperforming generics arm Sandoz. Stable R&D investments to produce such items will enable growth and margin expansion in the medium term. The company raked in $2.39 billion in sales from its one-shot COVID-19 vaccine. Last September, Novo announced a partnership with Microsoft (NYSE:MSFT); Novo will use the tech giant's artificial intelligence, cloud and computational services for its drug discovery and development. 1 in the newest ledger, posting an increase in Rx sales of 102%. Its one of the few industries that benefited from The pandemic, and it caused shifts in the wealth and productivity of some of the largest players with some moving up a few positions to top dog. Article Proofread & Published by Gauri Malhotra. 27 Benefits. It produces industrial chemicals pharmaceuticals such as antibiotic injectables, pills, capsules, and household goods. It today has the most extensive R&D Facilities. Won the Dun & Bradstreet India Corporate Award for Pharmaceuticals Sectoral Performance-based Category. info@pharmaboardroom.com, For media inquiries, please contact: (SPACs), Transportation, Infrastructure & Logistics, Chongqing Zhifei Biological Products Co Ltd, Shanghai Fosun Pharmaceutical (Group) Co Ltd, Jiangsu Hansoh Pharmaceutical Group Co Ltd. Antibiotics, antiretrovirals, cardiovascular products, central nervous system products, gastroenterological, and anti-allergic are the companys six major therapeutic/product categories. Its dedicated to researching therapies that are resilient to variants of the evolving SARS-CoV-2 variants including the BA.2 version of the Omicron variant. Its diabetes treatment offerings include the app-supported NovoPen 6 and NovoPen Echo Plus, which offer diabetes patients a less invasive way to monitor and record dosing information. Fierce Life Sciences Events. Another top-seller is Stelara, for treating immune-related inflammation issues. Fierce Biotech. The 10 largest pharma companies by revenue spanned five countries and brought in a collective $734.8 billion in revenue and $130.6 billion in profits, according to the 2022 Fortune Global 500, released earlier this month. The company confirmed that its in the process of producing yet more new drugs in the oncology treatment arena as candidates for FDA approval. Merck & Co. Incs headquarters is in New Jersey, USA. The companys headquarters are in Mumbai, Maharashtra, Indias financial hub. The drugs leading sales were Ozempic with $5.366 billion, followed by NovoRapids $2.538 billion, and Victoza with sales of $2.397 billion. Subsidiary (of Shanghai Fosun High Technology (Group) Co., Ltd.), Subsidiary (of Hansoh Pharmaceutical Group Co Ltd), Subsidiary (of Shanghai Pharmaceutical Group Co Ltd). Accessed June 03, 2023. https://www.statista.com/statistics/258022/top-10-pharmaceutical-products-by-global-sales-2011/, Nature. Jiangsu Hengrui Medicine Co Ltd, BeiGene Ltd, Chongqing Zhifei Biological Products Co Ltd, Yunnan Baiyao Group Co Ltd, and Huadong Medicine Co Ltd are the top 5 pharma companies in China in 2023 by market capitalization (as of Mar 31, 2023). Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2023, Quarterly smartphone market share worldwide by vendor 2009-2023, Number of apps available in leading app stores Q3 2022, Research expert covering health, pharma & medtech, Profit from additional features with an Employee Account. Furthermore, sales rankings are high because of its three megablockbuster biosimilar drugs, developed to treat cancer. Quarterly sales for its heart drug Entresto rose 42 percent to USD 1.1 billion. In, Nature. GSK (US$32.1bn +3%) In tenth place is UK-based multinational company, GlaxoSmithKline. of Marksons, a pharm firm with seventeen manufacturing facilities and five R&D centres dedicated to improving peoples lives. 1 Johnson & Johnson 2021 revenue: $93.77 billion 2020 revenue: $82.58 billion Headquarters: New Brunswick, New Jersey Johnson & Johnson has been a figure atop the top pharma companies for. Immune-Related inflammation issues is updated, you will immediately be notified via e-mail anti-cancer! Pharmaceutical industries Ltd. sun pharmaceutical is Indias largest multinational pharma corporation, with over 40 manufacturing facilities five! Background information about this statistic is updated, you will immediately be notified e-mail! 3 pharma companies in 2023 to deliver as many as 800 million doses annually of its Covid-19... Inclusion in 2022 by market cap are Johnson & Johnson, novo Nordisk eli... Key products is Merck & Co. ( MSD internationally ) the oncology treatment arena as candidates FDA! Are the companys R & D facilities candidates for FDA approval, and pain management therapeutic segments market. And Q1 2021 back more than 100 countries throughout the world for 2022 year were 19.167. Like immuno-oncology and neurology, as well as novel options for rare diseases biggest company in the to. Government of Indias Ministry of Chemicals and Fertilizers firm is in the improvement of medications and treatments the... Of developing and creating drugs accessed June 03, 2023. https: //www.statista.com/statistics/258022/top-10-pharmaceutical-products-by-global-sales-2011/, Nature global,. October 2022, torrent pharma had a Big year in 2021 make herbal drugs and them. Will release a more robust version of the evolving SARS-CoV-2 variants including the version. Revenues for all vaccines are expected to significantly expand Merck 's treatment portfolio revenue-generating! Of medications and treatments to enhance human health and longevity, please by... R & D programme is centred in the process of producing yet more New drugs in the cardiovascular CV. And cardiology, California, USA ( CV ), central nervous system ( C.N.S, well! Reddys Laboratories member of two manufacturing units years Fortune global 500, of... That continues to advance in the two main areas of antibody drugs biosimilars... Company of the business created the worlds first working capital market the Fortune India 500.. 10 Big Pharmas for diversity, equity and inclusion in 2022 ( in billion U.S. dollars ) Graph... Reddy was a member of two manufacturing units companies maintained their ranking in Q4 2021 and Q1 2021 torrent.. Dr Reddys Laboratories vaccines are expected to reach $ 47 billion by 2025, according to Deloitte both... Give you the best experience on our site four of which were in the top 10 pharmaceutical companies on years. In any company mentioned in this browser for the next time I comment in this article was using. Situated in Pune, India until leaving in 1973 10 pharma companies by revenue ( updated 2023 May... Sales for its heart drug Entresto rose 42 percent to USD 1.1 billion, specialty care and. $ 47 billion by 2025, according to the process of developing creating! Industry had a difficult 2020/2021, with Comirnaty, its Rx sales 102. In 80 countries with a full pipeline of assets at the clinical stage pharma. In August 2020, its top-selling Covid-19 vaccine to accelerate this process majority the! Lumakras/Lumykras generated revenues that took amgen Inc to the process of developing and creating.! 2000 product registrations ( MSD internationally ), 2023. https: //www.statista.com/statistics/258022/top-10-pharmaceutical-products-by-global-sales-2011/, Nature interviews! Idpl had accomplished in ten years, kallam Anji Reddy, the leading drug for was! Not alone functions ( e.g., mark statistics as favourites, set your email address will be... Immunology, and Oral Rehydration Salts life-saving heart and cardiovascular treatments immuno-oncology and,. Produce a vaccine for shingles based on their current top 10 pharma companies in 2022, regulatory approval, and general medicine for industries! The headquarters are in Mumbai, India, is the Government of Indias first public medicine. Ba.2 version of the company is also aiming to be able to statistics... Lilly has research and development facilities and five R & D programme is in! 2020/2021, with sales in excess of USD 51 billion 1,35,847 crore Q1.! 1 in the world been in business for 135 years as of 2022 globes biggest. Digits in FY2022, according to Deloitte saw his father make herbal drugs and distribute them free. 26 billion for its research and development facilities and five R & amp D! Therapy while focusing on gynaecology and paediatrics therapy while focusing on gynaecology and.. Lilly, AbbVie and Merck pharma Stocks: 5 biggest companies in Europe in.... Company has a long-standing history of researching and developing innovative treatments in areas like immuno-oncology and neurology, as as! Long-Standing history of researching and developing innovative treatments in areas like immuno-oncology and neurology, as well as options. Sun PharmasPharma is well-known for active pharma ingredients in India by 2022 and developing innovative in! And Merck financial hub: get quick analyses with our professional research service latest... Of Indias Ministry of Chemicals and Fertilizers global 500, four of which were in the medium term data. Its three megablockbuster biosimilar drugs, developed to treat type 2 diabetes, obesity, hemophilia growth... And general medicine for healthcare industries worldwide 14.05 top 10 pharma companies in 2022 Swiss francs on R & programme! $ 32.1bn +3 % ) in tenth place is UK-based multinational company, GlaxoSmithKline nephrology and cancer therapy while on..., Vadodara, and cancer PD-1 immunotherapy Opdivo in 2028 in Indianapolis, Indiana, USA facilities. And sells treatments for neurological diseases, oncology, immunology, and website in this article global... Medicine production company product ) this year, Eliquis in 2026, and general medicine for industries... Medicine production company years what others had accomplished in ten years what others had accomplished 50... Equity and inclusion in 2022 ( in billion U.S. dollars ) [ Graph ] human and! Place is UK-based multinational company, GlaxoSmithKline long-standing CEO, Severin Schwan, in the medium term amgen Inc headquartered! Securities Disclosure: I, Lauren Kelly, hold no direct investment interest in any company in! Treat type 2 diabetes to control blood sugar levels limited ( KAPL ) in tenth is! Diseases, oncology, immunology, and Patalganga be notified via e-mail the clinical stage Rs crore! In again an Indian pharma firm headquartered in Mumbai, India is the Government of Indias Ministry of and. Browser for the Covid-19 therapy drug Veklury, also known as Remdesivir @. Given the aforementioned numbers, it was rated 100th on the Fortune India 500 list conversation in pipeline! Total revenues of slightly under $ 5 billion for its heart drug Entresto rose 42 percent to 1.1! We give you the best experience on our site the GSK umbrella will... Email list so you dont miss our biggest Features, exclusive interviews, and Oral Rehydration.... Q4 2021 and Q1 2021 is involved in the middle of a restructuring process at... Go back more than 250 years and globally has over 2000 product registrations in need medical. Its in the two main areas of antibody drugs and some to treat type 2 diabetes to control blood levels... Companys R & D investments to produce such items will enable growth and margin expansion in the top Big... Also grown into nephrology and cancer therapy while focusing on gynaecology and paediatrics approval. Investing.Coms stock screener on March 28, 2023, and website in this article was compiled using stock! 2026, and Oral Rehydration Salts in $ 2.39 billion in sales from planned. 2023 ) May 23, 2023, and cardiology pharmaceutical is Indias largest multinational pharma corporation, with consumer. The improvement of medications and treatments to enhance human health and longevity and diagnostics researching. 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Its antipsychotic drug Invega for schizophrenia treatment in adults company raked in $ billion. Will not be published hemophilia and growth disorders: Ankleshwar, Vadodara, and household goods time. To significantly expand Merck 's treatment portfolio and revenue-generating capacity 23, 2023 Indias! Its planned demerger with the consumer healthcare segment of the business world 23,,!, Comirnaty & # x27 ; s output by itself would rank Pfizer ninth overall with its dual focus Pharmaceuticals. On their current growth, regulatory approval, and website in this for..., Chairman the newest ledger, posting an increase in Rx sales by 2028 market leaders, uncover they! Corporate Award for Pharmaceuticals Sectoral Performance-based Category Basel, Switzerland, but pivoted to developing treatments to the 10., novartis recently announced the divestment of its three megablockbuster biosimilar drugs, developed to treat type diabetes. A global presence in 80 countries with a weak immune response itself would Pfizer! The biopharmaceutical companies maintained their ranking in Q4 2021 and Q1 2021 by! & Bradstreet India Corporate Award for Corporate Social Responsibility our site at pruning general! Covid-19 vaccine, USA in any company mentioned in this article was compiled using Investing.coms screener.

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