List of largest biomedical companies by revenue

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.

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

Ranking by revenue

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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.
Rank Chg Company Country Traded on 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
1   1 Johnson & Johnson   USA NYSEJNJ 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]
2   1 Sinopharm   CHN SEHK1099 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]
3   1 Roche   SUI SIXROG 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]
4   1 Merck & Co.   USA NYSEMRK 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]
5   4 Pfizer   USA NYSEPFE 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]
6   AbbVie   USA NYSEABBV 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]
7   Bayer   GER FWBBAYN 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]
8   1 Sanofi   FRA NYSESNY 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]
9   2 AstraZeneca   GBR
  SWE
LSEAZN 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]
10   2 Novartis   SUI NYSENVS 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]
11   1 Bristol Myers Squibb   USA NasdaqBMY 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]
12   Abbott Laboratories   USA NasdaqABT 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]
13   GlaxoSmithKline   GBR LSEGSK 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]
14   2 Eli Lilly & Co   USA NYSELLY 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]
15   5 Novo Nordisk   DEN NYSENVO 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]
16   2 Shanghai Pharmaceuticals   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]
17   2 Takeda Pharmaceutical   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] 14.93 16.84
18   Amgen   USA NasdaqAMGN 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]
19   1 Boehringer Ingelheim   GER Private 27.70[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]
20   3 Gilead Sciences   USA NasdaqGILD 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]
21   1 Siemens Healthineers   GER FWBSHL 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]
22   1 Merck Group   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]
23   Jointown Pharmaceutical   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]
24   GE Healthcare   USA NasdaqGEHC 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]
25   2 Teva Pharmaceuticals   ISR NasdaqTEVA 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]
26   Kenvue   USA NYSEKVUE 15.44[215] 14.95[215]
27   1 Viatris   USA NasdaqVTRS 15.43[216] 16.22[217] 17.81[217] 11.95[218]
28   1 Baxter International   USA NYSEBAX 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]
29   Haleon   GBR LSEHLN 14.29[227] 13.14[228] 11.77[229]
30   Otsuka Holdings   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]
31   Regeneron Pharmaceuticals   USA NasdaqREGN 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]
32   Astellas Pharma   JPN TYO: 4503 10.87[239] 10.08[240] 10.85[241] 11.29[241] 12.27[242] 12.07 12.63 11.48 10.49

See also

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References

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