List of largest biomedical companies by revenue

Last updated

The following is a list of independent pharmaceutical, biotechnology and medical companies listed on a stock exchange (as indicated) that have generated a revenue of at least US$10 billion, ranked by their revenue in the respective financial year.

Contents

It does not include biotechnology companies that are now owned by, or form a part of, larger pharmaceutical groups.

Ranking by revenue

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. Green cells indicate years where revenue increased compared to the preceding year. Red cells indicate those years where there has been a decrease.

Largest biotechnology and pharmaceutical companies ranked by revenue in billion USD.
RankChgCompanyCountryTraded on2023202220212020201920182017201620152014
1Increase2.svg 1 Johnson & Johnson Flag of the United States.svg  USA NYSE :  JNJ 85.16 [1] 79.99 [1] 93.78 [2] 82.59 [2] 82.06 [3] 81.60 [4] 76.50 [5] 71.89 [6] 70.10 [7] 74.30 [8]
2Increase2.svg 1 Sinopharm Flag of the People's Republic of China.svg  CHN SEHK :  1099 84.06 [9] 80.19 [10] 75.68 [10] 71.75 [11] 60.18 [12] 48.75 [13] 43.63 [14] 36.56 [15] 32.36 [16] 28.32 [17]
3Increase2.svg 1 Roche Flag of Switzerland (Pantone).svg  SUI SIX :  ROG 68.48 [18] 69.77 [19] 67.83 [20] 62.99 [20] 63.85 [21] 56.86 [22] 57.37 [23] 50.11 [24] 47.70 [25] 49.86 [26]
4Increase2.svg 1 Merck & Co. Flag of the United States.svg  USA NYSE :  MRK 60.12 [27] 59.28 [28] 48.70 [29] 41.52 [29] 46.84 [30] 42.30 [31] 40.10 [32] 39.80 [33] 39.50 [34] 42.24 [35]
5Decrease2.svg 4 Pfizer Flag of the United States.svg  USA NYSE :  PFE 58.50 [36] 100.33 [37] 81.29 [38] 41.91 [39] 41.17 [39] 40.83 [39] 52.54 [40] 52.82 [41] 48.85 [42] 49.61 [43]
6Steady2.svg AbbVie Flag of the United States.svg  USA NYSE :  ABBV 54.32 [44] 58.05 [45] 56.20 [46] 45.80 [46] 33.27 [47] 32.75 [48] 28.22 [49] 25.56 [50] 22.82 [51]
7Steady2.svg Bayer Flag of Germany.svg  GER FWB :  BAYN 51.72 [52] 53.88 [53] 49.46 [54] 47.40 [55] 48.02 [56] 45.06 [57] 37.94 [58] 25.27 [59] 24.09 [60] 25.47 [61]
8Increase2.svg 1 Sanofi Flag of France.svg  FRA NYSE :  SNY 46.84 [62] 46.86 [63] 43.24 [64] 41.27 [65] 39.28 [66] 39.07 [67] 42.91 [68] 36.57 [69] 36.73 [70] 43.07 [71]
9Increase2.svg 2 AstraZeneca Flag of the United Kingdom.svg  GBR
Flag of Sweden.svg  SWE
LSE :  AZN 45.81 [72] 44.35 [73] 37.42 [74] 26.62 [75] 24.38 [76] 22.09 [77] 22.47 [78] 23.00 [79] 24.71 [80] 26.10 [81]
10Decrease2.svg 2 Novartis Flag of Switzerland (Pantone).svg  SUI NYSE :  NVS 45.44 [82] 50.55 [83] 51.63 [84] 48.66 [84] 47.45 [85] 44.75 [86] 49.11 [87] 48.52 [88] 49.41 [89] 58.00 [90]
11Decrease2.svg 1 Bristol Myers Squibb Flag of the United States.svg  USA Nasdaq :  BMY 45.01 [91] 46.16 [92] 46.39 [93] 42.52 [93] 26.15 [94] 22.56 [95] 20.80 [96] 19.43 [97] 16.56 [98] 15.88 [99]
12Steady2.svg Abbott Laboratories Flag of the United States.svg  USA Nasdaq :  ABT 40.11 [100] 43.65 [101] 43.08 [102] 34.61 [103] 31.90 [104] 30.60 [105] 27.39 [106] 20.85 [107] 20.41 [108] 20.25 [109]
13Steady2.svg GlaxoSmithKline Flag of the United Kingdom.svg  GBR LSE :  GSK 38.63 [110] 36.14 [111] 46.91 [112] 46.17 [113] 43.92 [114] 43.14 [115] 42.05 [116] 34.79 [117] 29.84 [118] 37.96 [119]
14Increase2.svg 2 Eli Lilly & Co Flag of the United States.svg  USA NYSE :  LLY 34.12 [120] 28.54 [121] 28.32 [122] 24.54 [123] 22.32 [124] 21.49 [125] 22.90 [126] 21.22 [127] 20.00 [128] 19.62 [129]
15Increase2.svg 5 Novo Nordisk Flag of Denmark.svg  DEN NYSE :  NVO 33.83 [130] 25.46 [131] 21.66 [132] 19.52 [132] 18.30 [133] 6.99 [134] 18.77 [135] 16.61 [136] 16.06 [137] 15.83 [138]
16Decrease2.svg 2 Shanghai Pharmaceuticals Flag of the People's Republic of China.svg  CHN SSE : 601607 36.68 [139] 32.33 [140] 31.82 [141] 29.29 [141] 27.50 [141] 23.45 [141] 19.28 [141] 17.80 [142] 15.55 [142] 13.62 [142]
17Decrease2.svg 2 Takeda Pharmaceutical Flag of Japan.svg  JPN TYO : 4502 30.24 [143] 30.34 [144] 29.31 [145] 27.76 [146] 31.17 [147] 19.10 [148] 16.70 [149] 15.96 [150] 14.9316.84
18Steady2.svg Amgen Flag of the United States.svg  USA Nasdaq :  AMGN 28.19 [151] 26.32 [152] 25.98 [153] 25.42 [154] 23.40 [155] 23.70 [156] 22.80 [157] 22.99 [158] 21.66 [159] 20.06 [160]
19Increase2.svg 1 Boehringer Ingelheim Flag of Germany.svg  GER Private27.70 [161] 25.90 [162] 22.50 [163] 22.40 [164] 21.75 [165] 21.67 [166] 17.54 [167] 16.41 [167] 17.70 [167]
20Decrease2.svg 3 Gilead Sciences Flag of the United States.svg  USA Nasdaq :  GILD 27.12 [168] 27.28 [169] 27.31 [169] 24.69 [170] 22.45 [171] 22.13 [172] 25.70 [173] 30.39 [173] 32.15 [173] 24.47 [173]
21Increase2.svg 1 Siemens Healthineers Flag of Germany.svg  GER FWB :  SHL 23.32 [174] 23.09 [175] 20.61 [176] 16.56 [176] 16.62 [177] 15.37 [178] 16.56 [179] 14.25 [179] 14.06 [179]
22Decrease2.svg 1 Merck Group Flag of Germany.svg  GER ETR: MRK 22.79 [180] 23.64 [181] 21.40 [182] 20.08 [183] 18.25 [184] 16.48 [185] 18.70 [186] 16.62 [187] 14.25 [188] 15.29 [189]
23Steady2.svg Jointown Pharmaceutical Flag of the People's Republic of China.svg  CHN SSE : 600998 21.15 [190] 19.81 [191] 18.04 [192] 16.34 [193] 14.67 [194] 12.85 [195] 10.90 [196] 9.07 [197] 7.31 [198] 6.05 [199]
24Steady2.svg GE Healthcare Flag of the United States.svg  USA Nasdaq :  GEHC 19.55 [200] 18.34 [201] 17.73 [202] 18.01 [203] 19.94 [204] 19.78 [204] 19.02 [204] 18.21 [204] 17.64 [204]
25Increase2.svg 2 Teva Pharmaceuticals Flag of Israel.svg  ISR Nasdaq :  TEVA 15.85 [205] 14.93 [206] 15.88 [207] 16.66 [208] 16.89 [209] 18.90 [210] 22.40 [211] 21.90 [212] 20.00 [213] 20.27 [214]
26Steady2.svg Kenvue Flag of the United States.svg  USA NYSE :  KVUE 15.44 [215] 14.95 [215]
27Decrease2.svg 1 Viatris Flag of the United States.svg  USA Nasdaq :  VTRS 15.43 [216] 16.22 [217] 17.81 [217] 11.95 [218]
28Decrease2.svg 1 Baxter International Flag of the United States.svg  USA NYSE :  BAX 14.81 [219] 15.11 [220] 12.78 [221] 11.63 [222] 11.36 [222] 11.13 [223] 10.56 [223] 10.16 [224] 9.97 [225] 10.72 [226]
29Steady2.svg Haleon Flag of the United Kingdom.svg  GBR LSE :  HLN 14.29 [227] 13.14 [228] 11.77 [229]
30Steady2.svg Otsuka Holdings Flag of Japan.svg  JPN TYO : 4578 14.23 [230] 13.05 [231] 11.65 [232] 11.06 [232] 10.85 [232] 10.04 [232] 9.64 [232] 9.29 [232] 11.10 [232] 9.52 [232]
31Steady2.svg Regeneron Pharmaceuticals Flag of the United States.svg  USA Nasdaq :  REGN 13.12 [233] 12.17 [234] 16.07 [235] 8.50 [235] 7.86 [236] 6.71 [236] 5.87 [236] 4.86 [237] 4.10 [238] 2.82 [238]
32Steady2.svg Astellas Pharma Flag of Japan.svg  JPN TYO : 4503 10.87 [239] 10.08 [240] 10.85 [241] 11.29 [241] 12.27 [242] 12.0712.6311.4810.49

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