[WORLDKINGS] World Top Academy – Top 5 biggest pharmaceutical companies in the world 2020

13-10-2020

(WorldKings.org) According to pharmaceutical-technology.com, this is top 5 biggest pharmaceutical companies in the world 2020 by revenue.

1. Johnson & Johnson – $56.1bn

 

 

Johnson & Johnson remains in this year's list of the biggest pharmaceutical companies. With headquarters based in New Jersey, Johnson & Johnson develops and produces pharmaceuticals, medical devices and consumer health goods. With a strong performance by key brands Strelara, Darzalex and Imbruvica, Johnson & Johnson’s pharmaceutical division grew by an impressive 4% in 2019. Looking ahead, Johnson & Johnson has a broad portfolio that is well positioned to deliver strong results and long-term growth.

2. Pfizer – $51.75bn

 

 

Former number one, leading pharma giant Pfizer takes second place in 2020. Pfizer specialises in the development of medicines and vaccines across a wide range of disciplines including immunology, oncology, cardiology and neurology. The company employees over 88,000 people and delivers its healthcare solutions to over 150 countries across the world. In recent years, Pfizer has dealt with some costly patent expirations including Viagra and Lyrica, and the company expects to be hit by more of these losses this year. In 2019, revenues for the company fell by 1%. 

3. Roche – $49.23bn

 

 

Revenues of Roche’s pharmaceutical division increased by 11% year-on-year, driven by sales of new medicines, including Ocrevus, Hemlibra, Tecentriq, and Perjeta. Tecentriq in the oncology segment and Actemra/RoActemra and Esbriet in immunology also contributed significantly to the company’s revenues.

4. Novartis – $47.45bn

 

 

In the fourth spot is Swiss multinational pharmaceutical company, Novartis. Novartis has developed, manufactured and marketed breakthrough medicines for over 250 years. Now with presence in 155 countries across the world, Novartis focuses on innovative medicines as well as generics and biosimilars. In 2019, Innovative Medicines net sales rose by an impressive 8%, driven by pharma key brands Cosentyx, Entresto and Zolgensma. The Oncology division also generated notable growth, with revenues rising by 10%.

5. Merck & Co. – $46.84bn

 

 

American pharmaceutical company Merck takes the fifth spot as one of the top pharmaceutical companies in the world in 2019. Founded in 1891, Merck is headquartered in New Jersey and focuses on pharmaceuticals, vaccines and animal health. With 71,000 employees worldwide, the company is well known for its contributions to diabetes and cancer care. Full-year 2019 pharmaceutical sales increased by 11% to $41.8 billion. Key growth drivers included Keytruda, Gardasi and Varivax. Looking ahead, Merck continues to streamline its business model in order to invest in breakthrough innovation.

According to pharmaceutical-technology.com and proclinical.com


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