Top biopharma firms added 5.4% to market cap in 2022 - GlobalData
The world’s leading biopharma companies experienced growth in market capitalization of 5.4% on average last year, according to industry analyst GlobalData.
The total market cap of the leading 20 companies now exceeds $3.6 trillion.
More than half of these firms reported an increase in market cap from the year before, with 11 achieving double-digit growth, including Merck & Co (NYSE: MRK) at 45.3%, Vertex Pharmaceuticals (Nasdaq: VRTX) at 32.8%, Eli Lilly (NYSE: LLY) at 31.6% and AstraZeneca (LSE: AZN) at 21.5%.
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