🔝 𝐓𝐨𝐩 𝐩𝐡𝐚𝐫𝐦𝐚 𝐛𝐲 𝐫𝐞𝐯𝐞𝐧𝐮𝐞 In 2023 alone, pharma revenues totalled around 1.6 trillion U.S. dollars. Revenues reflect not only profitability but also a company’s strategy (e.g., investments in R&D, manufacturing, etc.) and healthcare dynamics/demand (e.g., oncology and immunology remain top therapeutic areas). Last week, I shared a graph showing both the market cap and revenue of pharmaceutical companies. Here is the list of the top pharma companies by revenue (TTM): 1. Johnson & Johnson - $87.7B 2. Sinopharm - $80.1B 3. Roche - $71.9B 4. Merck - $63.2B 5. Pfizer - $60.1B 6. AbbVie - $55.5B 7. Sanofi - $53.5B 8. AstraZeneca - $51.2B 9. Bayer - $51.1B 10. Novartis - $49.9B 11. Bristol Myers Squibb - $47.4B 12. Eli Lilly and Company - $40.9B 13. GSK - $40.3B 14. Novo Nordisk - $39.7B 15. Amgen - $32.5B 𝘊𝘢𝘯 𝘸𝘦 𝘦𝘹𝘱𝘦𝘤𝘵 𝘢𝘯𝘺 𝘤𝘩𝘢𝘯𝘨𝘦𝘴 𝘪𝘯 𝘵𝘩𝘦 𝘳𝘦𝘷𝘦𝘯𝘶𝘦 𝘰𝘧 𝘱𝘢𝘳𝘵𝘪𝘤𝘶𝘭𝘢𝘳 𝘤𝘰𝘮𝘱𝘢𝘯𝘪𝘦𝘴 𝘪𝘯 2024? #pharma #biotech #businessinsights #drjojo Source: companiesmarketcap ---------- Hi! I am Joanna, and my friends call me Dr Jojo 🌸 𝐈 𝐡𝐞𝐥𝐩 𝐬𝐭𝐚𝐫𝐭𝐮𝐩𝐬 𝐚𝐧𝐝 𝐞𝐧𝐭𝐫𝐞𝐩𝐫𝐞𝐧𝐞𝐮𝐫𝐬 𝐦𝐚𝐫𝐤𝐞𝐭 𝐭𝐡𝐞𝐢𝐫 𝐯𝐚𝐥𝐮𝐞 𝐚𝐧𝐝 𝐢𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧 ♻️ Share this if you find it interesting 🔔 Follow for insights you won't want to miss 📩 DM me to increase your visibility, grow your business, and generate leads
In 2023, the pharmaceutical division of Bayer generated 18 billion euros of revenue .. This Revenue due to expiring patents (which you described so well) should be much less in 2025/2026. The graph above shows the group sales of all three divisions: Bayer | Crop Science Bayer Consumer Care AG and Bayer | Pharmaceuticals https://www.linkedin.com/feed/update/urn:li:activity:7267556840551366656?utm_source=share&utm_medium=member_desktop
Wow!
Interesting
Great research....very helpful & insightful.
It’s fascinating how revenues reflect not just profitability but also strategic investments in areas like R&D and manufacturing.
Joanna Sadowska, PhD, EMBA it looks like Johnson & Johnson revenues include both Innovative Medicine (pharma) and MedTech sectors
Great insights, Joanna! The pharmaceutical industry continues to show remarkable resilience and growth, and your analysis brings valuable clarity to the evolving landscape. Looking forward to more of your thoughts on potential shifts in 2024.
Great comprehensive information, indeed! Thanks for sharing.
Very informative
Pharma and Biotech Market Research | Medical Communications | Science Liaison | Technical Writer
3wHere is the link to my previous post that compared market cap vs revenue of leading pharma companies: https://www.linkedin.com/posts/joanna-sadowska-phd_pharma-biotech-businessinsights-activity-7269334566257971200-UXWb?utm_source=share&utm_medium=member_desktop