Biggest Pharmaceutical Company in the World 2024, List of Top-10

The pharmaceutical industry stands as a cornerstone of modern health care, providing essential medicines and treatments to people around the world. In this dynamic sector, many companies have emerged as leaders by driving innovation, research and development. Here, we delve deeper into Top 10 largest pharmaceutical companies in the world, His global impact and contribution to healthcare was highlighted.

What are pharmaceutical companies?

pharmaceutical companies, often referred to as pharma companies, are organizations primarily engaged in the research, development, manufacturing, and distribution of drugs and health care products. These companies play a vital role in advancing medical science, producing medicines to treat and prevent various diseases, and improving overall public health outcomes through innovation and access to essential medicines and treatments.

World’s largest pharma company 2024

Johnson & Johnson (NYSE: JNJ) stands as the undisputed leader among The largest pharmaceutical companies globally in 2024. with a wobble Total market capitalization $406.2 billion and a remarkable total following Twelve-month revenue $94.9 billion, Johnson & Johnson has secured its place at the forefront of the pharmaceutical industry. Notably, the company’s pivotal role in developing a successful COVID-19 vaccine further cements its position as a major player in global health care.

An Overview of Johnson & Johnson, the World’s Largest Pharma Company

Here are some key facts about Johnson & Johnson (NYSE: JNJ), the world’s largest pharma company.

  • Name: Johnson & Johnson (J&J)
  • Type: public company
  • traded as:NYSE:JNJ
  • Industry:Pharmaceutical, Medical Technology
  • Established: January 1886, in New Brunswick, New Jersey, United States
  • Founders: Robert Wood Johnson I, James Wood Johnson, Edward Mead Johnson
  • the headquarters: New Brunswick, New Jersey, US
  • Area served: Whole world
  • key people:Joaquin Duato (President and CEO)
  • Income: $94.94 billion (2022)
  • operating income: $21.73 billion (2022)
  • Net income: $17.94 billion (2022)
  • Total assets: $187.4 billion (2022)
  • total equity: $76.80 billion (2022)
  • Number of Employees: 130,000 (August 2023)
  • Website:jnj.com
  • Assistant:Abiomed, Acclerant, Actelion, Cilag, DePuy Synthes, Ethicon, Janssen Biotech, Janssen Pharmaceuticals, Janssen Vaccine, Johnson & Johnson Vision, Mentor, Synthes

Top 10 largest pharmaceutical companies in the world by 2024

johnson and johnsonwith Market capitalization value of $406.2 billionclaims the title of The world’s largest pharmaceutical companyIt is followed by Pfizer Inc., Merck & Co., Inc., and Roche Group.

Here is the list of top 10 largest pharmaceutical companies in the world by 2024:

World’s largest pharmaceutical companies 2024
Post company anchor market cap. ttm revenue
1. johnson and johnson JNJ $406.2B $94.9B
2. Pfizer Inc. PFE $234.4B $100.3B
3. Merck & Co., Inc. MRK $278.6B $59.3B
4. Roche Group $238.0B $68.5B
5. AbbVie Inc. abbv $270.2B $58.1B
6. Novartis AG nvs $183.2B $51.8B
7. Bayer $58.6B $52.8B
8. Eli Lilly and Company Took $305.7B $28.5B
9. AstraZeneca Plc azn $209.3B $44.4B
10. Novo Nordisk A/S NVO $322.1B $25.1B

World’s largest pharmaceutical company – Johnson & Johnson

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Ticker: JNJ

Market capitalization: $406.2B

TTM revenue: $94.9b

Johnson & Johnson (NYSE: JNJ) stands as The world’s largest pharmaceutical companywith market Capitalization of $406.2 billion by February 26, 2023and total followers Trailing twelve-month revenue $94.9 billion. Known for developing a successful COVID-19 vaccine, it has remained highly profitable despite legal challenges.

Second largest pharmaceutical company – Pfizer Inc.

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Ticker: PFE

Market capitalization: $234.4B

TTM Revenue: $100.3B

Pfizer Inc. (NYSE: PFE) ranks as The world’s second largest pharmaceutical companypride of a market Capitalization of $234.4 billion by February 26, 2023and total followers Trailing twelve-month revenue $100.3 billion. Despite successes like its RSV vaccine, challenges like the FDA warnings highlight ongoing concerns.

The world’s third largest pharmaceutical company – Merck & Co., Inc.

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Ticker: MRK

Market capitalization: $278.6B

TTM revenue: $59.3b

Merck & Co., Inc. (NYSE: MRK) stands as The world’s third largest pharmaceutical companyboasting a Market capitalization of $278.6 billion Total revenue as of February 26, 2023, and the trailing twelve months $59.3 billion, Despite its historic pedigree and global presence, recent setbacks in EU approval for its Covid pill pose challenges.

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