Top Pharmaceutical Companies

Pharmaceutical companies are those that work in the medical sector, specifically those involved with the manufacturing, Marketing and sale of drugs. These companies hold licenses to perform research on different types of drugs, and are also responsible for preparing and marketing those drugs.

Licensure is mandatory and is controlled by the government of the companies’ home country. There are currently about 200 major pharmaceutical companies in the world; all are in competition with each other to make new and more marketable medicines.

This competition theoretically provides patients with new, more effective, and less costly medicines. Some pharmaceutical companies produce bio-pharmaceutical drugs by working with living organisms and biological systems. This type of research is becoming more widespread.

List of Top Pharmaceutical Companies in World

Rank Company Address 2015 RX Sales (USD in min) 2015 R& D Spend (USD in min)
1 Pfizer New York 43112 7678
2 Novartis Basel, Switzerland 42467 8465
3 Roche Basel, Switzerland 38733 8452
4 Merck & Co Inc Kenilworth, New Jersey 35244 6613
5 Sanofi Paris, France 34896 5638
6 Gilead Sciences Foster City, California 32151 3018
7 Johnson and Johnson New Brunswick, New Jersy 29864 6821
8 GSK Brentford, England 27051 4731
9 AstraZeneca London, England 23264 5603
10 AbbVie North Chicago, Illinois 22724 3617
11 Amgen Thousand Oaks, California 20944 3917
12 Allergan Irvine, California 18403 2781
13 Teva Pharmaceutical Industries Petach Tikva, Israel 16982 1525
14 Novo Nordisk Bagsvaerd, Denmark 16054 2024
15 Eli Lilly Indianapolis, Indiana 15792 4478
16 Bayer Leverkusen, Germany 15558 2588
17 Bristol-Myers Squibb New York, New York 14480 4037
18 Takeda Osaka, Japan 12565 2776
19 Boehringer Ingelheim Ingelheim, Germany 12348 2802
20 Astellas Pharma Tokyo, Japan 10937 1960
21 Mylan Canonsburg, Pennsylvania 9291 652
22 Biogen Idec Cambridge, Massachusetts 9189 2013
23 Celgene Summit, New Jersey 9069 2295
24 Merck KGaA Darmstadt, Germany 7693 1454
25 Daiichi Sankyo Tokyo, Japan 7215 1618
26 Valeant Pharmaceuticals International Mississauga, Ontario 7013 333
27 Otsuka Holdings Tokyo, Japan 6728 1596
28 CSL Melbourne, Australia 6294 564
29 Baxalta Cambridge, Massachusetts 6148 1176
30 Shire Dublin, Ireland 6100 884
31 Sun Pharmaceutical Industries Mumbai, India 4503 297
32 Les Laboratoires Servier Neuilly- Sur-Seine, France 4470 1122
33 Eisai Co Tokyo, Japan 3909 1043
34 UCB Brussels, Belgium 3763 1151
35 Abbott Laboratories Abbott Park, Illinois 3720 137
36 Fresenius Bad Homburg, Germany 3709 375
37 Grifols Barcelona, Spain 3365 235
38 Chugai Pharmaceutical Tokyo, Japan 3297 677
39 Cheiljedang Seoul South Korea 3228 N/A
40 Mallinckrodt Pharmaceuticals Dublin, Ireland 2976 185
41 Dainippon Sumitomo Pharma Osaka, Japan 2902 684
42 Endo Health Pharmaceuticals Dublin, Ireland 2856 46
43 Menarini Florence, Italy 2836 N/A
44 Regeneron Pharmaceuticals Tarrytown, New York 2689 1621
45 Alexion Pharmaceuticals Cheshire, Connecticut 2603 544
46 Aspen Pharmacare Holdings Durban, South Africa 2586 2
47 Mitsubishi Tanabe Pharma Osaka, Japan 2542 609
48 Nestlé Vevey, Switzerland 2431 N/A
49 Meda Somerset, New Jersey 2139 108
50 Hospira Lake Forest, Illinois 2131 247

 

Source: http://www.pharmexec.com/

 

Companies will often modify old products in order to increase sales and efficacy. Many pharmaceutical companies are also trying to understand traditional medicine and attempting to develop effective, modernized versions of these.

For the purpose of research and making new medicines, pharmaceutical companies invest heavily in laboratories. These laboratories provide scientists and chemists to look for the roots of and possible cures for diseases. They mainly conduct research on cellular structure and genetics.

Once potential drug formulas are discovered, a company tests those drugs on certain animals in their laboratories. Such clinical testing requires government approval. Once the permission is granted, the three-stage clinical test procedure starts. These tests are meant to find out the exact effects of the drug on human beings.

After obtaining satisfactory results, companies work through marketing representatives to promote their drugs. These representatives convince doctors to prescribe the product, meaning that doctors play a major role in the fate of the company.eful for the customers and turning out to be a winning strategy.

Last Updated on : 20th Sept, 2016