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10 Biggest Pharmaceutical Companies In The World - Johnson & johnson, with the market capitalization value of $406. 2 billion, claims the title of the biggest pharmaceutical company in the world, followed by pfizer inc. , merck & co. , inc. , and roche group. The worlds biggest pharmaceutical companies: Top ten by revenue.
The pharmaceutical industry continues to generate stellar growth and was estimated to be worth an impressive us$1. 6 trillion in 2023 with top 10 pharma companies contributing us$491. 84 billion, nearly a third of all revenues. With a market capitalization of $201. 1 billion, novartis ranks eighth on the pharmaceutical companies top 10 in the world. The swiss firm has undergone significant restructuring in recent years, spinning off its generics division, sandoz, to focus exclusively on innovative medicines. The following table lists the largest biotechnology and pharmaceutical companies ranked by revenue in billion usd. The change column indicates the company's relative position in this list compared to its relative position in the preceding year; I. e. , an increase would be moving closer to rank 1 and vice versa. A number of large u. s. Pharma companies including eli lilly, pfizer, and bristol myers squibb have subsidiaries in the country. Of the top 50 pharma companies, u. s. Drugmakers make up 56% of global market capitalization, followed by europe at 34%, and asia with a 10% market share.
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Pharma companies including eli lilly, pfizer, and bristol myers squibb have subsidiaries in the country. Of the top 50 pharma companies, u. s. Drugmakers make up 56% of global market capitalization, followed by europe at 34%, and asia with a 10% market share.
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