Wondering which are the largest pharmaceutical companies in the world? The collective biotech and pharmaceutical industry is known to be one of the most active and wealthy industries in the world, considering the global pharmaceutical market is worth about $1 trillion. Furthermore, within modern societies, the increased usage of medicines and medications for treating almost every illness (or perceived illness) is likely to keep raising demand for these products, and thus continue bursting pharmaceutical companies’ sales and revenue.
Top pharmaceutical companies, like Novartis or Johnson & Johnson have developed some of the most popular health products and medicines in the world. Among The 10 Best Selling Pharmaceutical Drugs in History, drugs such as Risperdal, Seretid, Seroquel or Zyprexa have been developed by some of these major pharmaceutical companies.
Taking a look at the companies’ 2014 reports, we’ve compiled a ranking of the ten largest pharmaceutical companies in the world, based on their total revenue. So are you curious about how much a pharmaceutical company can make within a year? Take a look at our list and find out!
No. 10 Abbott Laboratories, USA (NYSE:ABT)
Revenue: $21.8 billion
This company, founded in 1888 and headquartered in Abbott Park, Illinois, is engaged in the development and manufacture of various health care products. Abbott Laboratories operates in five business segments, and has 69,000 employees at present.
Impressive revenue, no? The nine largest pharmaceutical companies in the world are still to come, ready to impress you even further with obscene revenue. Check them out.