5 Largest Biotech Companies in the World

3. Novartis (NYSE:NVS)

Two of the top three biotech companies in the world are Swiss, starting off with Novartis, with a market cap of $240 billion. The company was formed in 1996 after the merger of Sandoz and Ciba-Ceigy, and has since gone on to become one of the biggest companies in the world, even though like other major pharma companies, it has faced a lot of scrutiny for controversial practices such as a sexual discrimination suit, marketing violations, bribery, payment to Trump’s attorney at the time Michael Cohen and data related scandals as well. Despite these controversies, its products continue to sell well, earning the company a revenue of $47.45 billion in 2019.

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