Insight

The World's Largest Pharma Companies by Turnover in 2019

By David Lawrence |

The pharmaceutical industry is currently enjoying an unprecedented period of growth. With global market worth expected to surpass $1 trillion in 2021, emerging technology and relaxed regulations have prompted major advancements in various fields. The list below demonstrates how certain companies have enabled this growth.

1: Johnson & Johnson

One of the contributors to their success seems to be their focus on recruitment, with thousands of candidates applying for a select few places.

- Revenue - $81.3 billion (https://www.statista.com/statistics/266403/total-revenue-of-johnson-und-johnson-since-2004/)

- Employees – 134’000 (https://www.statista.com/statistics/281388/number-of-employees-at-johnson-und-johnson/)

- Founded – New Jersey, U.S.

2: Pfizer

One of the largest US-led pharma companies, this corporation has made a name for itself partly due to its charitable endeavours.

- Revenue - $53.64 billion (https://investors.pfizer.com/investor-news/press-release-details/2019/PFIZER-REPORTS-FOURTH-QUARTER-AND-FULL-YEAR-2018-RESULTS/default.aspx)

- Employees – 92'400 (https://www.statista.com/statistics/281387/number-of-employees-at-pfizer-since-2006/)

- Founded – New York, U.S.

3: Roche

Roche is known as one of the highest investors in R&D projects.

- Revenue - $56.85 billion (https://www.cnbc.com/2019/01/31/roche-earnings-q4-2018.html)

- Employees – 94’442 (https://www.statista.com/statistics/266522/roche-group-number-of-employees-since-2007/)

- Founded – Basel, Switzerland

4: Novartis

Novartis is best known for developing key drugs used during organ transplantation.

- Revenue - $51.9 billion (https://www.statista.com/statistics/264238/novartis-revenues-since-2007/)

- Employees – 108’000 (https://www.statista.com/statistics/505851/number-of-full-time-employees-at-novartis-by-division/)

- Founded – Basel, Switzerland

5: Merck & Co

Number five on this list publishes many renowned medical reference texts which are used widely by everyone from nurse to veterinarians.

- Revenue - $49.29 billion (https://www.statista.com/statistics/272350/revenue-of-merck-and-co/)

- Employees – 69’000 (https://www.statista.com/statistics/272556/number-of-employees-at-merck-and-co-since-2008/)

- Founded – New York, U.S.

6: Sanofi

This French multinational is primarily known as being one of the largest producers of vaccines in the world.

- Revenue - $34.46 billion (https://www.statista.com/statistics/266509/revenue-of-sanofi-since-2006/)

- Employees – 110’000 (https://www.statista.com/statistics/382412/sanofi-number-of-employees/)

- Founded – Paris, France

7: AbbVie

AbbVie’s champion product is without a doubt Humira, one of the world’s best-selling anti-inflammatory drugs.

- Revenue - $32.75 billion (https://www.statista.com/statistics/417030/revenue-of-abbvie/)

- Employees – 30’000 (https://www.statista.com/statistics/417023/employees-of-abbvie/)

- Founded – Chicago, U.S.

8: GlaxoSmithKline

GSK maintains the position of the largest R&D investor in the UK, exporting around 80% of its products.

- Revenue - $30.82 billion (https://www.macrotrends.net/stocks/charts/GSK/glaxosmithkline/revenue)

- Employees – 99’000 (https://www.statista.com/statistics/266299/number-of-employees-at-glaxosmithkline-by-region/)

- Founded – London, UK

9: Bristol-Myers Squibb

This company specialises in the production of a number of key prescriptions, such as for cardiovascular disease and diabetes.

- Revenue - $22.56 billion (https://www.macrotrends.net/stocks/charts/BMY/bristol-myers-squibb/revenue)

- Employees – 23’300 (https://expandedramblings.com/index.php/bristol-myers-squibb-statistics-and-facts/)

- Founded – New York, U.S.

10: Amgen

Amgen is noted for leading the way in molecular biology, with a particular emphasis on recombinant DNA technology.

- Revenue - $23.75 billion (https://www.statista.com/statistics/265856/revenues-of-amgen-since-2004/)

- Employees – 19’200 (https://www.statista.com/topics/1910/amgen/)

- Founded – California, U.S.


David Lawrence

Written by David Lawrence

David is the founder of Vine Resources.