List of largest biomedical companies by revenue

The following is a list of the top independent pharmaceutical, biotechnology and medical companies ranked by their revenue generated in (billion dollars) in the respective financial year, it does not include biotechnology companies that are now owned by, or part of, larger pharmaceutical groups.

The change is the companies relative position in this list, compared to their relative position in the prior 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 previous year, red cells indicate those years where there has been a decrease.

Top pharmaceutical companies with revenue over $10 billion

Rank Chg Company 2021
USD billions
2020
USD billions
2019
USD billions
2018
USD billions
2017
USD billions
2016
USD billions
2015
USD billions
2014
USD billions
2013
USD billions
2012
USD billions
1 Johnson & Johnson
NYSE: JNJ
93.78[1] 82.59[1] 82.06[2] 81.60[3] 76.50[4] 71.89[5] 70.10[6] 74.30[7] 71.31[8] 67.20[9]
3 Sinopharm
SEHK: 1099
81.77[10] 71.75[11] 60.18[12] 48.75[13] 43.63[14] 36.56[15] 32.36[16] 28.32[17] 23.61[18] 19.31[19]
2 6 Pfizer
NYSE: PFE
81.29[20] 41.91[21] 41.17[21] 40.83[21] 52.54[22] 52.82[23] 48.85[24] 49.61[25] 51.58[26] 58.99[27]
4 1 Roche
SIX: ROG
67.83[28] 62.99[28] 63.85[29] 56.86[30] 57.37[31] 50.11[32] 47.70[33] 49.86[34] 48.53[35] 47.80[36]
5 2 AbbVie
NYSE: ABBV
56.20[37] 45.80[37] 33.27[38] 32.75[39] 28.22[40] 25.56[41] 22.82[42] 19.96[43] 18.79[44]
6 2 Novartis
NYSE: NVS
51.63[45] 48.66[45] 47.45[46] 44.75[47] 49.11[48] 48.52[49] 49.41[50] 58.00[51] 57.36[52] 56.67[53]
7 2 Bayer
FWB: BAYN
49.46[54] 47.40[55] 48.02[56] 45.06[57] 37.94[58] 25.27[59] 24.09[60] 25.47[61] 24.17[62] 24.30[63]
8 2 Merck & Co.
NYSE: MRK
48.70[64] 41.52[64] 46.84[65] 42.30[66] 40.10[67] 39.80[68] 39.50[69] 42.24[70] 44.03[71] 47.27[72]
9 3 GlaxoSmithKline
LSE: GSK
46.91[73] 46.17[74] 43.92[75] 43.14[76] 42.05[77] 34.79[78] 29.84[79] 37.96[80] 41.61[81] 39.93[82]
10 2 Bristol Myers Squibb
Nasdaq: BMY
46.39[83] 42.52[83] 26.15[84] 22.56[85] 20.80[86] 19.43[87] 16.56[88] 15.88[89] 16.39[90] 17.62[91]
11 Sanofi
NYSE: SNY
43.24[92] 41.27[92] 39.28[93] 39.07[94] 42.91[95] 36.57[96] 36.73[97] 43.07[98] 42.08[99] 46.41[100]
12 Abbott Laboratories
Nasdaq: ABT
43.08[101] 34.61[102] 31.90[103] 30.60[104] 27.39[105] 20.85[106] 20.41[107] 20.25[108] 21.85[109] 39.87[110]
13 Takeda Pharmaceutical
TYO: 4502
27.76[111] 31.17[112] 19.10[113] 16.70[114] 15.96[115] 14.93 16.84 17.36 18.91
14/ AstraZeneca
LSE: AZN
37.42[116] 26.62[117] 24.38[118] 22.09[119] 22.47[120] 23.00[121] 24.71[122] 26.10[123] 25.71[124] 27.97[125]
15 2 Eli Lilly & Co
NYSE: LLY
28.32[126] 24.54[127] 22.32[128] 21.49[129] 22.90[130] 21.22[131] 20.00[132] 19.62[133] 23.11[134] 22.60[135]
16 Gilead Sciences
Nasdaq: GILD
27.31[136] 24.69[136] 22.45[137] 22.13[138] 25.70[139] 30.39[139] 32.15[139] 24.47[139] 10.80[139] 9.70[139]
17 2 Amgen
Nasdaq: AMGN
25.98[140] 25.42[141] 23.40[142] 23.70[143] 22.80[144] 22.99[145] 21.66[146] 20.06[147] 18.68[148] 17.30[149]
18 Boehringer Ingelheim
Private
22.40[150] 21.75[150] 21.67[151] 17.54[152] 16.41[152] 17.70[152] 18.68[152] 18.89[152]
19 1 Novo Nordisk
NYSE: NVO
21.66[153] 19.52[153] 18.30[154] 16.99[155] 18.77[156] 16.61[157] 16.06[158] 15.83[159] 14.88[160] 13.48[161]
20 1 Merck Group
ETR: MRK
21.40[162] 20.08[163] 18.25[164] 16.48[165] 18.70[166] 16.62[167] 14.25[168] 15.29[169] 14.73[166] 14.36[166]
21 2 Siemens Healthineers
FWB: SHL
20.61[170] 16.56[170] 16.62[171] 15.37[172] 16.56[173] 14.25[173] 14.06[173]
22 Viatris
Nasdaq: VTRS
17.89[174] 11.95[174]
23 1 GE Healthcare
Subsidiary of General Electric
17.73[175] 18.01[176] 19.94[177] 19.78[178] 19.02[179] 18.21[180] 17.64[181] 18.30[182] 18.20[183]
24 4 Regeneron Pharmaceuticals
Nasdaq: REGN
16.07[184] 8.50[184] 7.86[185] 6.71[185] 5.87[185] 4.86[186] 4.10[187] 2.82[187] 2.10[187] 1.38[187]
25 2 Teva Pharmaceuticals
Nasdaq: TEVA
15.88[188] 16.66[189] 16.89[190] 18.90[191] 22.40[192] 21.90[193] 20.00[194] 20.27[195] 20.31[196] 18.31[197]
26 Baxter International
NYSE: BAX
12.778[198] 11.63[199] 11.36[199] 11.13 [200] 10.56 [200] 10.16 [201] 9.97 [202] 10.72 [203] 14.97 [204] 14.19 [205]
27 2 Biogen
Nasdaq: BIIB
10.98[206] 13.44[206] 14.38[207] 13.45[208] 12.30[209] 11.40[210] 10.80[211] 9.70[212] 6.90[213] 5.50[214]
28 1 Astellas Pharma
TYO: 4503
10.85[215] 11.29[215] 12.27[216] 12.07 12.63 11.48 10.49 9.25 8.92

See also

Notes

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