The pharmaceutical industry is a vital part of the global economy, and it plays a significant role in improving people’s lives. As directors, you need to have a clear understanding of the top pharmaceutical companies in the industry to make informed decisions. In this article, we will provide you with a comprehensive guide on the top pharmaceutical companies in the industry, including their background, market share, and recent developments.
Market Share:
The pharmaceutical industry is highly competitive, and it’s essential to understand the market share of each company to identify the leaders in the industry. According to a report by Statista, the top 10 pharmaceutical companies in the world in terms of revenue in 2021 were:
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1. Pfizer – 35.4%
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2. Johnson & Johnson – 12.9%
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3. Roche – 11.7%
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4. Novartis – 11.2%
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5. Merck & Co. – 8.9%
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6. Sanofi – 8.5%
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7. Eli Lilly and Company – 8.1%
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8. Abbott Laboratories – 7.3%
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9. GlaxoSmithKline – 7.2%
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10. Takeda Pharmaceutical Company – 4.4%
Background:
Pfizer, founded in 1863, is a leading biopharmaceutical company that operates in more than 150 countries worldwide. The company has a diverse portfolio of medicines and vaccines that treat various diseases, including cancer, neurology, cardiovascular, and rare diseases.
Johnson & Johnson, founded in 1867, is one of the largest healthcare companies in the world. The company operates in more than 130 countries and has a diverse portfolio of products that include pharmaceuticals, medical devices, and consumer packaged goods.
Roche, founded in 1896, is a Swiss-based pharmaceutical and diagnostics company that operates worldwide. The company has a diverse portfolio of medicines that treat various diseases, including oncology, diabetes, cardiovascular, and neurology.
Novartis, founded in 1895, is a Swiss-based pharmaceutical and medical devices company that operates worldwide. The company has a diverse portfolio of medicines that treat various diseases, including oncology, cardiovascular, and neurology.
Merck & Co., founded in 1827, is an American-based pharmaceutical and life sciences company that operates worldwide. The company has a diverse portfolio of medicines and vaccines that treat various diseases, including cancer, diabetes, and cardiovascular.
Sanofi, founded in 1969, is a French-based healthcare company that operates worldwide. The company has a diverse portfolio of products that include pharmaceuticals, medical devices, and consumer packaged goods.
Eli Lilly and Company, founded in 1885, is an American-based biopharmaceutical company that operates worldwide. The company has a diverse portfolio of medicines and vaccines that treat various diseases, including cancer, neurology, and cardiovascular.
Abbott Laboratories, founded in 1887, is an American-based biopharmaceutical and medical devices company that operates worldwide. The company has a diverse portfolio of products that include pharmaceuticals, medical devices, and consumer packaged goods.
GlaxoSmithKline, founded in 1710, is a British-based pharmaceutical and life sciences company that operates worldwide. The company has a diverse portfolio of medicines and vaccines that treat various diseases, including cancer, neurology, and cardiovascular.
