The health problems of the world keep increasing, and pharmaceutical companies continuously try to develop better and effective drugs to battle the struggles people have to face due to various health problems. To rate a pharmaceutical company as one of the best in the world things like revenues, total income, total R&D expense, revenue per employee, total expense, the proportion of revenue from top three pharmaceutical products and annual pharmaceutical revenue growth are all considered.
The following are some of the top pharmaceutical companies in the world:
Pfizer is an American biopharmaceutical research-based company. One of the primary goals of the Company is to prevent and provide treatment for various diseases across a wide range of therapeutic areas such as neuroscience, oncology, metabolic disorders and rare disease. They also develop vaccines for various infections and diseases.
Novartis is a Swiss pharmaceutical company, and it develops products in the area of generics, biosimilars, and oncology. It is one of the largest pharmaceutical companies by sales and market cap. It was founded in the year 1996 and has its headquarters in Basel, Switzerland.
Roche is also a Swiss multinational healthcare company, and it is the third largest pharma company in the whole world. It operates in two divisions, Pharmaceuticals, and Diagnostics. The company was founded in the year 1896 by Fritz Hoffmann-La Roche, and it has its headquarters in Basel, Switzerland. Roche controls Greentech, an American biotechnology company.
Johnson & Johnson:
Johnson & Johnson is a pharmaceutical company that has the highest revenue in the world. It is an American Company, and it has some staple products such as Johnson’s Baby, Aveeno, and Clean & Clear. These products dominate the consumer goods market. The company was founded in the year 1886 by Robert Wood Johnson I, James Wood Johnson and Edward Mead Johnson. The headquarters is in New Brunswick, New Jersey.
Merck & Co:
Merck & Co is an American pharmaceutical company that was founded in the year 1891 as a subsidiary of the German company named Merck. During the World War I the company was established as an Independent American company in the year 1917. The company is known for publishing reference books for medical people like doctors, nurses, technicians, etc.
Sanofi is involved in research and development of therapeutic solutions. The French company also manufactures and markets pharmaceutical drugs. The company has its headquarters in Gentilly, France. Sanofi has the fifth largest prescription sales in the world. Major therapeutic areas which the company covers are cardiovascular, thrombosis, diabetes, internal medicine, central nervous system, oncology, and vaccines.
GSK is a British pharmaceutical company, and it strives to produce drugs for HIV, meningitis and flu vaccine. It has its headquarters in Brentford, London. Some of the top selling products are Advair, Flovent, Avodart, Lovaza, Augmentin, and Lamictal.