The 10 World’s Biggest Pharmaceutical Companies–There are 10 World’s Biggest Pharmaceutical Companies in 2020. This data is obtained from the Annual reports of each company in 2020. Commonly, pharmaceutical companies or drug companies are actually commercial companies that focus on researching, developing, and distributing drugs, especially in terms of health. They can manufacture generic drugs, branded drugs, medical devices, health supplements, and various health products.
In terms of health, many of us as humans depend on these companies. Of course, of all the pharmaceutical companies scattered around the world, only a few companies are able to become the leader of the world’s drug and supplement business with the various brands that exist today. Here are the 10 World’s Biggest Pharmaceutical Companies Based on Annual Report Data for each company in 2020. This ranking order is based on the amount of profit/ net income obtained by each company in 2020.
Ranking table of 10 world’s Biggest Pharmaceutical Companies in 2020
Rank | Name of Company | Revenue | Revenue | Net Income | Net Income |
---|---|---|---|---|---|
Original Currency | in US Dollar | Original Currency | In US Dollar | ||
1 | Hoffman-La Roche | 58,323 million CHF | 62,988 Million USD | 15,068 million CHF | 16,273 million USD |
2 | Johnson& Johnson | 82,584 million USD | 82,584 million USD | 14,714 million USD | 14,714 million USD |
3 | Sanofi | 36,041 million euro | 42,167 million USD | 12,350 million euro | 14,449 million USD |
4 | Pfizer | 41,908 million USD | 41,908 million USD | 9,616 million USD | 9,616 million USD |
5 | GlazoSmithKline | 34,099 million GBP | 46,374 million USD | 6,388 million GBP | 8,687 million USD |
6 | Novartis | 48,659 million USD | 48,659 million USD | 8,071 million USD | 8,071 million USD |
7 | Merck & co | 47,994 million USD | 47,994 million USD | 7,082 million USD | 7,082 million USD |
8 | AbbVie | $45,804 million USD | $45,804 million USD | 4,622 million USD | 4,622 million USD |
9 | Abbott Laboratories | 34,608 million USD | 34,608 million USD | 4,495 million USD | 4,495 million USD |
10 | Astra Zaneca | 26,617 million USD | 26,617 million USD | 3,144 million USD | 3,144 million USD |
Source : Annual Report, 2020 | |||||
Currency Rate : | |||||
1 Swiss Franc (CHF) = 1.08 US Dollar (USD) | |||||
1 Euro= 1.17 US Dollar (USD) | |||||
1 Poundsterling (GBP) = 1.36 US Dollar(USD) |
In addition to the income and profit performance obtained by each company, there is also a description related to the condition of the company’s assets and debts obtained from the company’s balance sheet (balance sheet) of each company. The following is a description of the company’s assets and debts. Additional data related to the condition of assets and debts of the world’s 10 largest pharmaceutical companies in 2020.
Table of Assets and Liabilities of 10 world’s Biggest Pharmaceutical Companies in 2020
Companies | Assets | Assets | Liabilities | Liabilities |
---|---|---|---|---|
Domestic Currency | USD Currency | Domestic Currency | USD Currency | |
Johnson& Johnson | 174,894 million USD | 174,894 million USD | 111,616 million USD | 111,616 million USD |
Hoffman-La Roche | 19,460 million CHF | 21,016 million USD | 1,834 million CHF | 1,980 Million USD |
Pfizer | 154,229 million USD | 154,229 million USD | 90,756 million USD | 90,756 million USD |
Aztra Zeneca | 66,729 million USD | 66,729 million USD | 51,091 million USD | 51,091 million USD |
Novartis | 132,059 million USD | 132,059 million USD | 75,393 million USD | 75,393 million USD |
Merk & co | 91,558 million USD | 91,558 million USD | 66,154 million USD | 66,154 million USD |
GlazoSmithKline | 80,431 million GBP | 109,386 Million USD | 59,623 million GBP | 81,087 million USD |
Sanofi | 114,529 million euro | 139,998 Million USD | 51,350 million euro | 60,079 Million USD |
AbbVie | 150,565 million USD | 150,565 million USD | 137,468 million USD | 137,468 million USD |
Abbott Laboratories | 72,548 million USD | 72,548 million USD | 39,545 million USD | 39,545 million USD |
Source : Annual Report, 2020 | ||||
Currency Rate : | ||||
1 Swiss Franc (CHF) = 1.08 US Dollar (USD) | ||||
1 Euro= 1.17 US Dollar (USD) | ||||
1 Poundsterling (GBP) = 1.36 US Dollar (USD) | ||||
Brief Description of 10 World’s Biggest Pharmaceutical Companies
1. Hoffman-La Roche
Founded in 1896 by Fritz Hoffmann-La Roche, F. Hoffmann-La Roche AG is the world’s biggest pharmaceutical company in 2020. This company has main office in Bassel, Switzerland. Initially, the company produced a variety of multivitamin products and in 1934, it became the first to mass-produce synthetic vitamin C, under the brand name Redoxon but it has been owned by Bayer.
Financially, during 2020, the company earned revenues of 58.3 billion CHF (Swiss Franc) or equivalent to 62.8 billion US Dollars with a net profit of 15 billion CHF (Swiss Franc) or equivalent to 16.2 Billion US Dollars. Roche’s profit in 2020 is the highest of any pharmaceutical company in the world.
2. Johnson & Johnson
Johnson & Johnson (J&J) is one the world’s biggest pharmaceutical companies in 2020 from the United States. Historically, this company was founded in 1886 in New Brunswick, New Jersey, the United States of America by Robert Wood Johnson, James Wood Johnson, and Edward Mead Johnson. Along with the development of time dan business progression, many healthcare products produced by this company and have been marketed in various parts of the world.
As of 2020, the company’s operations include approximately 250 subsidiaries operating in 60 countries with products sold in more than 175 countries. Until now, a variety of products produced by Johnson-Johnson. Health products such as Clean and Clear, Listerine, Johnson Baby Powder, Mylanta, Visine eye drops. Regarding the Covid pandemic, this company is one of the producers and makers of the Covid-19 vaccine. Financially in 2020, this company earned revenues of 82.5 billion dollars with a net profit of 14.7 billion dollars.
3. Sanofi
Founded in 1973, Sanofi S.A is one of the world’s biggest pharmaceutical companies in the world by 2020. This company has its main office in Paris, France. In 2004, Sanofi-Synthélabo merged with Aventis and changed its name to Sanofi-Aventis. However, the company later changed its name back to Sanofi in May 2011. Some of Sanofi’s medicinal products include platogrix, Amaryl, Lantus Solostar, and Toplexil. Financially, in 2020, this company earned 36 billion euros in revenue, equivalent to 42.1 billion US Dollars with a net profit of 12.3 billion euros, equivalent to 14.4 billion US dollars.
4. Pfizer
Pfizer Inc. is an American multinational pharmaceutical and biotechnology company headquartered in Manhattan, New York City. Founded in 1849 in New York City by Charles Pfizer and Charles F. Erhart, the company has grown rapidly to become one of the biggest pharmaceutical companies in the world. In 2020, this company earned revenues of 41.9 billion dollars or equivalent with a net profit of 9.6 billion dollars. Some of the famous products from Pfizer are Viagra (one of the phenomenal ones), Lipitor, Combantrin worm medicine. In relation to the impact of the COVID-19 pandemic, this company has also issued a Covid-19 vaccine and has been distributed in various countries around the world.
5.GlaxoSmithKline
GlaxoSmithKline plc (GSK) is one of the world’s biggest pharmaceutical companies originating in the UK. The company’s head office is in London, England. Founded in 2000, through the merger of Glaxo Wellcome and SmithKline Beecham, the company has grown rapidly and has become one of the biggest pharmaceutical companies in the world alongside Pfizer, Novartis, Roche, Sanofi, and Merck & Co. Some of the products sold, namely Sensodyne toothpaste, and the headache reliever Panadol are some of the other products. In 2020, based on the company’s 2020 annual report, the company earned a revenue of 34 billion pounds, equivalent to 46.3 Billion US dollars, with a net profit of 6.3 billion pounds, equivalent to 8.6 Billion US Dollars.
6. Novartis
Novartis International AG is a Swiss multinational pharmaceutical company based in Basel, Switzerland. This company is one of the largest pharmaceutical companies in the world which was founded in December 2000 in London, England. In 2020, this company earned revenues of 48.6 billion dollars with a net profit that reached 8 billion dollars.
7. Merck & co
Merck & Co., Inc. or Merck Sharp & Dohme (MSD) is an American multinational pharmaceutical company headquartered in Kenilworth, New Jersey. The founders of this company are Theodore Weicker and George Merck. Financially, in 2020, this company earned revenues of 47.9 billion dollars with a net profit that reached 7 billion dollars.
8. AbbVie
AbbVie is a pharmaceutical company that has its main office in North Chicago, Illinois, the United States of America which was founded in 2013. Actually, Abbvie was formed due to the divestment of Abbot Laboratories which used to be one with Abbot Laboratories. In 2020, this company earned revenues of 45.8 billion dollars with a net profit of 4.6 billion dollars.
9. Abbott Laboratories
Abbott Laboratories is a medical and healthcare equipment company headquartered in Abbott Park, Illinois, United States. Based on its history, this company was founded by a doctor named Wallace Calvin Abbott in 1888. In 2020, this company earned revenues of 34.6 billion dollars with a net profit of 4.4 billion dollars.
10.Astra Zeneca
AstraZeneca plc is a British-Swedish multinational pharmaceutical and biotechnology company headquartered at the Cambridge Biomedical Campus in Cambridge, England. Perhaps the best-known product is the Oxford-AstraZeneca COVID-19 vaccine, which has been widely marketed in various countries around the world. The company was founded in 1999 through the merger of Astra AB of Sweden and the Zeneca Group of the UK. Financially, in 2020, this company earned revenues of 26,617 million dollars with a net profit of 3.1 billion dollars.
Bibliography of 10 world’s Biggest Pharmaceutical Companies in 2020
Hoffman-La Roche. 2021. Annual Report 2020. Accessed via https://www.roche.com/investors/annualreport20.htm#contributions On 30 July 2021
Johnson& Johnson. 2021. Annual Report 2020. Accessed via https://johnsonandjohnson.gcs-web.com/financial-information/sec-filings on 30 July 2021
Sanofi. 2021. Annual Report 2020. Accessed via https://www.sanofi.com/en/investors on 30 July 2021
Pfizer. 2021. Annual Report 2020. Accessed via https://investors.pfizer.com/financials/annual-reports/default.aspx on 30 July 2021
GlaxoSmithKline. 2021. Annual Report 2020. Accessed via https://www.gsk.com/en-gb/investors/ on 30 July 2021.
Novartis. 2021. Annual Report 2020. Accessed via https://www.novartis.com/investors on 30 July 2021
Merck & co. 2021. Annual Report 2020. Accessed via https://www.merck.com/investor-relations/ on 28 July 2021
AbbVie.2021. Annual Report 2020. Accessed via https://investors.abbvie.com/?_ga=2.214097687.1275542478.1625128896-1758136637.1625029097 on 30 July 2021.
Abbott Laboratories.2021. Annual Report 2020. Accessed via https://www.abbott.com/investors.html on 30 July 2021.
Astra Zeneca. 2021. Annual Report 2020. Accessed via https://www.astrazeneca.com/investor-relations.html on 30 July 2021.