List of largest biomedical companies by revenue

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The following is a list of the top independent pharmaceutical, biotechnology and medical companies ranked by their revenue generated in (billion dollars) in the respective financial year, it does not include biotechnology companies that are now owned by, or part of, larger pharmaceutical groups.

The change is the companies relative position in this list, compared to their relative position in the prior 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 previous year, red cells indicate those years where there has been a decrease.

Top pharmaceutical companies with revenue over $10 billion[edit]

Rank Chg Company 2020

USD billions

2019
USD billions 		2018
USD billions 		2017
USD billions 		2016
USD billions 		2015
USD billions 		2014
USD billions 		2013
USD billions 		2012
USD billions 		2011
USD billions
1 Steady United States Johnson & Johnson
NYSE: JNJ 		82.6 82.06[1] 81.60[2] 76.50[3] 71.89[4] 70.10[5] 74.30[6] 71.31[7] 67.20[8] 65.00[9]
2 Increase 1 China Sinopharm
SEHK: 1099 		66.3 60.18[10] 48.75[11] 43.63[12] 36.56[13] 32.36[14] 28.32[15] 23.61[16] 19.31[17] 14.46[18]
3 Decrease 1 Switzerland Roche
SIX: ROG 		63.85[19] 56.86[20] 57.37[21] 50.11[22] 47.70[23] 49.86[24] 48.53[25] 47.80[26] 45.21[27]
4 Decrease 7 United States Pfizer
NYSE: PFE 		41.9 51.75[28] 53.60[29] 52.54[30] 52.82[31] 48.85[32] 49.61[33] 51.58[34] 58.99[35] 65.26[36]
5 Increase 1 Germany Bayer
FWB: BAYN 		48.02 [37] 45.06[38] 37.94[39] 25.27[40] 24.09[41] 25.47[42] 24.17[43] 24.30[44] 23.11[45]
6 Increase 1 Switzerland Novartis
NYSE: NVS 		47.45[46] 44.75[47] 49.11[48] 48.52[49] 49.41[50] 58.00[51] 57.36[52] 56.67[53] 58.57[54]
7 Increase 1 United States Merck & Co.
NYSE: MRK 		48 46.84[55] 42.30[56] 40.10[57] 39.80[58] 39.50[59] 42.24[60] 44.03[61] 47.27[62] 48.05[63]
8 Increase 1 United Kingdom GlaxoSmithKline
LSE: GSK 		43.92[64] 43.14[65] 42.05[66] 34.79[67] 29.84[68] 37.96[69] 41.61[70] 39.93[71] 41.39[72]
9 Increase 1 United States AbbVie
NYSE: ABBV 		33.27[73] 32.75[74] 28.22[75] 25.56[76] 22.82[77] 19.96[78] 18.79[79]
10 Increase 1 France Sanofi
NYSE: SNY 		39.28[80] 39.07[81] 42.91[82] 36.57[83] 36.73[84] 43.07[85] 42.08[86] 46.41[87] 44.34[88]
11 Increase 5 United States Bristol Myers Squibb
Nasdaq: BMY 		26.15[89] 22.56[90] 20.80[91] 19.43[92] 16.56[93] 15.88[94] 16.39[95] 17.62[96] 21.24[97]
12 Decrease 1 United States Abbott Laboratories
Nasdaq: ABT 		31.90[98] 30.60[99] 27.39[100] 20.85[101] 20.41[102] 20.25[103] 21.85[104] 39.87[105] 38.85[106]
13 Increase 2 United States Thermo Fisher Scientific
NYSE: TMO 		25.54[107] 24.36[107] 20.92[108] 18.27[109] 16.97[110] 16.89[111] 13.09[111] 12.51[112] 11.56[112]
14 Increase 2 United States 3M
NYSE: MMM 		28.7[107] 26.40[107] 24.23[113] 13.27[114] 22.37[115] 21.48[111] 20.09[111] 18.41[112] 17.32[112]
15 Decrease 2 Japan Takeda Pharmaceutical
TYO: 4502 		31.17[116] 19.10[117] 16.70[118] 15.96[119] 14.93 16.84 17.36 18.91 17.80
16 Decrease 2 United States Medtronic
NYSE: MDT 		30.56[120] 29.95[121] 29.71[122] 20.94[123] 20.26[124] 17.01[125] 16.59[126] 16.18[127] 15.93[128]
17 Steady United Kingdom/Sweden AstraZeneca
LSE: AZN 		24.38[129] 22.09[130] 22.47[131] 23.00[132] 24.71[133] 26.10[134] 25.71[135] 27.97[136] 33.59[137]
18 Steady United States Amgen
Nasdaq: AMGN 		23.40[138] 23.70[139] 22.80[140] 22.99[141] 21.66[142] 20.06[143] 18.68[144] 17.30[145] 15.58[146]
19 Steady United States Gilead Sciences
Nasdaq: GILD 		22.45[147] 22.13[148] 25.70[149] 30.39[149] 32.15[149] 24.47[149] 10.80[149] 9.70[149] 8.39[149]
20 Steady United States Eli Lilly & Co
NYSE: LLY 		22.32[150] 21.49[151] 22.90[152] 21.22[153] 20.00[154] 19.62[155] 23.11[156] 22.60[157] 24.29[158]
21 Increase 1 Germany Boehringer Ingelheim
Private 		22.90[159] 21.67[160] 17.54[161] 16.41[161] 17.70[161] 18.68[161] 18.89[161] 18.34[161]
22 Increase 3 United States Danaher Corporation
NYSE: DHR 		17.91[162] 19.89[163] 18.33[164] 16.88[165] 20.56[166] 19.91[167] 19.12[168] 18.26[169] 16.09[170]
23 Increase 1 Germany Merck Group
ETR: MRK 		18.25[171] 16.48[172] 18.70[173] 16.62[174] 14.25[175] 15.29[176] 14.73[173] 14.36[173] 14.31[173]
24 Decrease 1 Denmark Novo Nordisk
NYSE: NVO 		18.30[177] 16.99[178] 18.77[179] 16.61[180] 16.06[181] 15.83[182] 14.88[183] 13.48[184] 11.56[185]
25 Steady United States Viatris
Nasdaq: VTRS
26 Decrease 4 United States GE Healthcare
Subsidiary of General Electric 		19.94[186] 19.78[187] 19.02[188] 18.21[189] 17.64[190] 18.30[191] 18.20[192] 18.29[193]
27 Increase 1 Germany Siemens Healthineers
FWB: SHL 		16.29[194] 15.44[195] 16.56[196] 14.25[197] 14.06[198]
28 Increase 4 United States Medline Industries
Private 		13.9[199] 11.7[200]
29 Decrease 2 United States Becton, Dickinson and Company
NYSE: BDX 		17.29[201] 15.98[202] 12.09[203] 12.48[204] 10.28[205] 8.45[206] 8.05[207] 7.71[208] 7.58[209]
30 Decrease 2 Israel/United States Teva Pharmaceutical Industries
Nasdaq: TEVA 		16.89[210] 18.90[211] 22.40[212] 21.90[213] 20.00[214] 20.27[215] 20.31[216] 18.31[217] 16.12[218]
31 Increase 2 United States Cardinal Health(Medical) segment
 11.55[219] 15.4[220] 15.9[220] 14.3[220] 12.3[220] 9.2[220] 8.82[221] 5.67[221] 5.54[221]
32 Decrease 1 United States Stryker Corporation
NYSE: SYK 		14.88[222] 13.60[223] 12.44[223] 11.33[224] 9.95[224] 9.68[225] 9.02[225] 8.66[226] 8.31[226]
33 Increase 2 United States Labcorp
NYSE: LH 		11.55[227] 11.33[220] 10.31[220] 9.55[220] 8.51[220] 6.01[220] 5.81[221] 5.67[221] 5.54[221]
34 Decrease 2 United States Biogen
Nasdaq: BIIB 		14.38[228] 13.45[229] 12.30[230] 11.40[231] 10.80[232] 9.70[233] 6.90[234] 5.50[235] 5.00[236]
35 Increase 1 United States Baxter International
NYSE: BAX 		11.36[237] 11.13 [238] 10.56 [238] 10.16 [239] 9.97 [240] 10.72 [241] 14.97 [242] 14.19 [243] 13.89 [243]
36 Decrease 2 Japan Astellas Pharma
TYO: 4503 		12.20[244] 12.27[245] 12.07 12.63 11.48 10.49 9.25 8.92 8.78
37 Steady United States IQVIA
NYSE: IQV 		11.09 [246] 10.41 [247] 9.70 [248] 5.36 [249] 4.33 [250] 4.17 [251] 3.81 [252] 3.69 [253]
38 Increase 1 United States Henry Schein
Nasdaq: HSIC 		11.36[254] 11.13 [238] 10.11 [238] 11.16 [255] 8.97 [256] 8.72 [257] 7.97 [258] 6.19 [243] 6.89 [243]

See also[edit]

Notes[edit]

References[edit]

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External links[edit]

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