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 Increase 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 Increase 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 Increase 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 Increase 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 Decrease 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 Steady 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 Steady 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 Increase 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 Increase 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 Decrease 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 Decrease 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 Steady 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 Steady 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 Increase 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 Increase 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 Decrease 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 Decrease 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 Steady 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 Increase 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 Decrease 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 Increase 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 Decrease 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 Steady 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 Steady 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 Increase 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 Steady Kenvue  USA NYSEKVUE 15.44[215] 14.95[215]
27 Decrease 1 Viatris  USA NasdaqVTRS 15.43[216] 16.22[217] 17.81[217] 11.95[218]
28 Decrease 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 Steady Haleon  GBR LSEHLN 14.29[227] 13.14[228] 11.77[229]
30 Steady 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 Steady 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 Steady 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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