List of largest biomedical companies by revenue

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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[edit]

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.

Rank Chg Company Country Traded on 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
1 Increase 2 Pfizer  USA NYSE: PFE 100.33[1] 81.29[2] 41.91[3] 41.17[3] 40.83[3] 52.54[4] 52.82[5] 48.85[6] 49.61[7] 51.58[8]
2 Decrease 1 Johnson & Johnson  USA NYSE: JNJ 94.94[9] 93.78[10] 82.59[10] 82.06[11] 81.60[12] 76.50[13] 71.89[14] 70.10[15] 74.30[16] 71.31[17]
3 Decrease 1 Sinopharm  CHN SEHK: 1099 80.19[18] 75.68[18] 71.75[19] 60.18[20] 48.75[21] 43.63[22] 36.56[23] 32.36[24] 28.32[25] 23.61[26]
4 Steady Roche  SUI SIX: ROG 69.77[27] 67.83[28] 62.99[28] 63.85[29] 56.86[30] 57.37[31] 50.11[32] 47.70[33] 49.86[34] 48.53[35]
5 Increase 3 Merck & Co.  USA NYSE: MRK 59.28[36] 48.70[37] 41.52[37] 46.84[38] 42.30[39] 40.10[40] 39.80[41] 39.50[42] 42.24[43] 44.03[44]
6 Decrease 1 AbbVie  USA NYSE: ABBV 58.05[45] 56.20[46] 45.80[46] 33.27[47] 32.75[48] 28.22[49] 25.56[50] 22.82[51] 19.96[52]
7 Steady Bayer  GER FWB: BAYN 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] 24.17[62]
8 Decrease 2 Novartis  SUI NYSE: NVS 50.55[63] 51.63[64] 48.66[64] 47.45[65] 44.75[66] 49.11[67] 48.52[68] 49.41[69] 58.00[70] 57.36[71]
9 Increase 2 Sanofi  FRA NYSE: SNY 46.86[72] 43.24[73] 41.27[74] 39.28[75] 39.07[76] 42.91[77] 36.57[78] 36.73[79] 43.07[80] 42.08[81]
10 Steady Bristol Myers Squibb  USA Nasdaq: BMY 46.16[82] 46.39[83] 42.52[83] 26.15[84] 22.56[85] 20.80[86] 19.43[87] 16.56[88] 15.88[89] 16.39[90]
11 Increase 2 AstraZeneca  GBR
 SWE		 LSE: AZN 44.35[91] 37.42[92] 26.62[93] 24.38[94] 22.09[95] 22.47[96] 23.00[97] 24.71[98] 26.10[99] 25.71[100]
12 Steady Abbott Laboratories  USA Nasdaq: ABT 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] 21.85[110]
13 Decrease 4 GlaxoSmithKline  GBR LSE: GSK 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] 41.61[120]
14 Steady Shanghai Pharmaceuticals  CHN SSE: 601607 32.33[121] 31.82[122] 29.29[122] 27.50[122] 23.45[122] 19.28[122] 17.80[123] 15.55[123] 13.62[123] 11.53[123]
15 Steady Takeda Pharmaceutical  JPN TYO: 4502 30.34[124] 29.31[125] 27.76[126] 31.17[127] 19.10[128] 16.70[129] 15.96[130] 14.93 16.84 17.36
16 Steady Eli Lilly & Co  USA NYSE: LLY 28.54[131] 28.32[132] 24.54[133] 22.32[134] 21.49[135] 22.90[136] 21.22[137] 20.00[138] 19.62[139] 23.11[140]
17 Steady Gilead Sciences  USA Nasdaq: GILD 27.28[141] 27.31[141] 24.69[142] 22.45[143] 22.13[144] 25.70[145] 30.39[145] 32.15[145] 24.47[145] 10.80[145]
18 Steady Amgen  USA Nasdaq: AMGN 26.32[146] 25.98[147] 25.42[148] 23.40[149] 23.70[150] 22.80[151] 22.99[152] 21.66[153] 20.06[154] 18.68[155]
19 Steady Boehringer Ingelheim  GER Private 25.90[156] 22.50[157] 22.40[158] 21.75[159] 21.67[160] 17.54[161] 16.41[161] 17.70[161] 18.68[161]
20 Steady Novo Nordisk  DEN NYSE: NVO 25.46[162] 21.66[163] 19.52[163] 18.30[164] 6.99[165] 18.77[166] 16.61[167] 16.06[168] 15.83[169] 14.88[170]
21 Steady Merck Group  GER ETR: MRK 23.64[171] 21.40[172] 20.08[173] 18.25[174] 16.48[175] 18.70[176] 16.62[177] 14.25[178] 15.29[179] 14.73[179]
22 Steady Siemens Healthineers  GER FWB: SHL 23.09[180] 20.61[181] 16.56[181] 16.62[182] 15.37[183] 16.56[184] 14.25[184] 14.06[184]
23 Increase 1 Moderna  USA Nasdaq: MRNA 19.26[185] 18.47[186] 0.80[186] 0.06[186] 0.14[187] 0.21[187] 0.11[187]
24 Decrease 1 BioNTech  GER Nasdaq: BNTX 18.69[188] 20.27[189] 0.52[190] 0.12[190] 0.14[190]
25 Steady Jointown Pharmaceutical  CHN SSE: 600998 18.04[191] 16.34[192] 14.67[193] 12.85[194] 10.90[195] 9.07[196] 7.31[197] 6.05[198] 4.93[199]
26 Increase 1 GE Healthcare  USA Nasdaq: GEHC 18.34[200] 17.73[201] 18.01[202] 19.94[203] 19.78[203] 19.02[203] 18.21[203] 17.64[203] 18.30[203]
27 Decrease 1 Viatris  USA Nasdaq: VTRS 16.22[204] 17.81[204] 11.95[205]
28 Increase 2 Baxter International  USA NYSE: BAX 15.11[206] 12.78[207] 11.63[208] 11.36[208] 11.13[209] 10.56[209] 10.16[210] 9.97[211] 10.72[212] 14.97[213]
29 Steady Teva Pharmaceuticals  ISR Nasdaq: TEVA 14.93[214] 15.88[215] 16.66[216] 16.89[217] 18.90[218] 22.40[219] 21.90[220] 20.00[221] 20.27[222] 20.31[223]
30 Increase 1 Haleon  GBR LSE: HLN 13.14[224] 11.77[225]
31 Increase 1 Otsuka Holdings  JPN TYO: 4578 13.05[226] 11.65[227] 11.06[227] 10.85[227] 10.04[227] 9.64[227] 9.29[227] 11.10[227] 9.52[227]
32 Decrease 4 Regeneron Pharmaceuticals  USA Nasdaq: REGN 12.17[228] 16.07[229] 8.50[229] 7.86[230] 6.71[230] 5.87[230] 4.86[231] 4.10[232] 2.82[232] 2.10[232]
33 Increase 1 Astellas Pharma  JPN TYO: 4503 10.87[233] 10.08[234] 10.85[235] 11.29[235] 12.27[236] 12.07 12.63 11.48 10.49 9.25
34 Decrease 1 Biogen  USA Nasdaq: BIIB 10.17[237] 10.98[238] 13.44[238] 14.38[239] 13.45[240] 12.30[241] 11.40[242] 10.80[243] 9.70[244] 6.90[245]

See also[edit]

References[edit]

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  204. ^ a b "Viatris Reports Strong Fourth Quarter and Full Year 2022 Financial Results and Provides 2023 Financial Guidance".
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  206. ^ "Baxter Reports Fourth-Quarter and Full-Year 2022 Results".
  207. ^ "Baxter Reports Fourth-Quarter and Full-Year 2021 Results".
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  209. ^ a b Statements of Income (Unaudited) Baxter International
  210. ^ Statements of Income (Unaudited) Baxter International
  211. ^ Statements of Income (Unaudited) Baxter International
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  213. ^ Statements of Income (Unaudited) Baxter International
  214. ^ "Teva Reports Fourth Quarter and Full Year 2022 Financial Results".
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  224. ^ "Haleon 2022 Full Year Results" (PDF).
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  226. ^ "Consolidated Financial Results for the Fiscal Year Ended December 31, 2022" (PDF). Otsuka Holdings.
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  228. ^ "Regeneron Reports Fourth Quarter and Full Year 2022 Financial and Operating Results".
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