According to market research, the worldwide pharmaceutical market was worth nearly $1.3 trillion in 20191 and the top 10 pharma companies accounted for around a third of sales ($392.5 billion).
Below is a graph of this year’s top 10 pharma companies, ranked by pharmaceutical revenue, along with a table with more on their performance compared to last year. Pfizer (NYSE: PFE) maintained pole position with full year revenues of $51.75 billion, but sales declined by 4% year-on-year as key drug patent expiries and Ibrance (palbociclib) and Lyrica (pregabalin) underperformed1.
Swiss pharma giants Roche2 (ROG: SIX) and Novartis3 (NOVN: VX) held onto second and third place, generating pharma revenues of 48.52 billion Swiss francs ($50.24 billion) and $47.45 billion, respectively.
This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.
Login to your accountTry before you buy
7 day trial access
Become a subscriber
Or £77 per month
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed
Chairman, Sanofi Aventis UK
Copyright © The Pharma Letter 2024 | Headless Content Management with Blaze