Lilly tops pharma in market cap after 36% growth

21 August 2023

The second quarter (Q2) of 2023 brought positive outcomes in market capitalization for the leading 20 biopharma companies, despite wider inflationary pressures.

Aggregate market capitalization demonstrated a resilient upswing of 2.3%, surging from $3.49 trillion during the first quarter to $3.56 trillion in Q2, reveals GlobalData, the data and analytics company.

Looking at individual companies’ performance, one drugmaker stole the show.

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