The United States is the largest market for pharmaceuticals in the world. The American and Canadian pharmaceutical markets alone make up nearly half of the total world pharmaceutical market. Here will be sorted top 10 pharmaceutical companies in the United States. We will have a discussion on the .Top 10 Pharma Companies in Usa {2021}
In 2014 pharmaceutical companies in the United States generated more than $440 billion. In 2019 5 of the world’s 10 largest pharmaceutical companies were in the United States. In the future pharmaceutical companies will experience mergers and acquisitions because the competition is getting tougher.
The pharmaceutical industry has a number of unusual characteristics, both in its structure and in the nature of its business operations, which are little known outside the industry but which materially affect the process of bringing new pharmaceuticals to the patient. The development of a new pharmaceutical is very time-consuming, extremely costly, and high risk, with very little chance of a successful outcome.
The process of research and development is described, together with all its challenges, including environmental ones. The commercial realities and constraints of the business, together with its current problems, are discussed, followed by an exploration of some of the likely future commercial and technical developments in the business, including the development of a greener pharmacy.
List of the top 10 Pharmaceutical Industries
Table of Contents
Johnson & Johnson
Founded in 1886, Johnson & Johnson develops pharmaceuticals, medical devices, and other consumer products. This American pharmaceutical company is headquartered in New Brunswick, New Jersey, and has more than 250 subsidiaries in more than 60 countries, with over 132,000 employees.
Since 2012, J&J has been ranked 1st in the world’s pharmaceutical and biotechnology companies. This pharmaceutical company generates $82,059 billion. The company is also producing a Covid-19 vaccine which is very efficient. And also help many nations to drop down the covid surge. This is one of the Top 10 Pharma companies in the USA.
Pfizer Inc
Pfizer is an American multinational company headquartered in New York. The company is one of the largest companies and operates 2 divisions, namely Pfizer Innovative Health (IH) and Pfizer Essential Health (EH). The company manufactures vaccines, immunology products, pharmaceuticals, cardiology, endocrinology, and neurology.
The company is also producing a Covid-19 vaccine which is very efficient. And also helps many nations to drop down the covid surge. It is also the largest pharmaceutical company in the United States. Pfizer is one of the largest pharmaceutical companies in the United States. In 2019 Pfizer generated $51.8 billion. Become the number 2 pharmaceutical company for 4 consecutive years in the United States behind Johnson & Johnson. This is one of the Best Pharma companies in the USA.
Merck & Co.
Merck & Co was founded in 1891 and is one of the largest pharmaceutical companies in the world. The company is headquartered in Kenilworth, New Jersey, and is known to manufacture therapeutic drugs for autoimmune, cholesterol, cancer, and other diseases. The company also produces medicines for animals. In 2019 Merck had revenues of $46.8 billion dollars. Outside Canada and the United States.
Merk and co are also in the race of making covid drug but after having many unsuccessful trials company dropped the project and said “the company said that it was actively discussing with governments how to help its competitors make their shot”. This is among the top 10 Pharma companies in the USA.
Abbvie Inc
Abbvie Inc. is an American pharmaceutical company focused on biotechnology products, founded in 2013 in Lake Bluff, Illinois, United States. This company produces biological drug products and small molecule drugs.
In 2019 Abbvie Inc generated $33.27 billion On 25 June 2019, AbbVie announced it would acquire Irish-based Allergan plc for about $63 billion; however the transaction would not be structured as a tax inversion, and that post the transaction, AbbVie (and the group) would remain legally domiciled in the U.S. for tax purposes. AbbVie’s acquisition of Allergan plc violated the anti-trust rule by the Federal Trade Commission on September 4, 2020. In July, the company announced it would acquire Mavupharma, boosting its cancer drug pipeline.
In May 2021, Allergan Aesthetics announced it would acquire Soliton. In June, Abbvie announced it would acquire TeneoOne and its lead compound TNB-383B. The compound is a BCMA-targeting immunotherapeutic for relapsed or refractory multiple myeloma. This is one of the best Pharma companies in the USA.
Bristol Myer Squibb
The American pharmaceutical company Bristol Myer Squibb is headquartered in New York City. It is a multinational company committed to improving the health of patients worldwide. Bristol Myer Squib (BMS) manufactures prescription drugs, biologic drugs, cancer drugs, HIV/AIDS drugs, cardiovascular drugs, diabetes, hepatitis, and others.
In 2019 BMS generated revenue of $26.15 billion . Rather than focusing on the covid-19 vaccine, BMB has other plans. Bristol Myers has weighed up that tough environment and decided to make a play for the COVID-19 antibody market. The deal will see Bristol Myers secure global rights to two antibodies in return for an undisclosed financial package. This is one of the Top 10 Pharma companies in the USA.
Abbot Laboratories
Abbot Laboratories is ranked 6th by US pharmaceutical companies. The pharmaceutical company is headquartered in Abbott Park Lake Bluff, Illinois. The company was founded in 1888 and manufactures pharmaceuticals, medical devices, and nutritional products. The company’s products also exist for diagnosing and monitoring diseases such as HIV, hepatitis, cancer, and heart medications. In 2019 this company generated $31.9 billion. However, in 2020 in 3 quarters it generated $23.9 billion dollars.
Rather than focusing on the covid-19 vaccine Abbot has other plans. Abbot laboratories played in covid testing kits and became a major player in the manufacturing of covid-19 testing kits. This is one of the Best Pharma companies in the USA.
Amgen
The company was formerly known as Applied Molecular Genetic Inc. Amgen was founded in Thousand Oaks California in 1980. Today it is one of the largest biotechnology companies in the world. In 2019 Amgen generated revenue of $23.4 billion. Amgen is a pioneer in biotechnology. Amgen focuses on areas of high unmet medical need and leverages its expertise to strive for solutions that improve health outcomes and dramatically improve people’s lives. A biotechnology innovator since 1980, Amgen has grown to be one of the world’s leading independent biotechnology companies, has reached millions of patients around the world, and is developing a pipeline of medicines with breakaway potential. This is among the top Pharma companies in the USA.
Gilead Sciences
Gilead Sciences, Inc. is an American biopharmaceutical company headquartered in Foster City, California. Gilead Sciences operates not only in the United States, but on three continents: North America, Europe, and Australia.
After initially focusing heavily on anti-viral drugs used in the treatment of HIV, hepatitis B, hepatitis C, and influenza, the multinational biopharmaceutical company expanded its product line after acquiring two smaller pharmaceutical companies that concentrate on the treatment of lung diseases. Gilead generated $22.1 billion in revenue in 2019 and has 11,800 employees. Gilead is in a race of making covid-19 vaccine currently their vaccine is in the phase-3 trial. This is one of the Top 10 Pharma companies in the USA.
Eli Lilly and Company
Known simply as Lilly, the American pharmaceutical company, founded in 1876, is headquartered in Indianapolis, Indiana, with offices in 18 other countries. Lilly was the first company to mass-produce the Salk penicillin, insulin, and polio vaccine.
They are currently the largest psychiatric drug manufacturer and manufacture Prozac (fluoxetine), Dolophine (methadone), Cymbalta (duloxetine), and Zyprexa (olanzapine), and their products are sold in approximately 125 countries. In 2019, Lilly generated $22.3 billion in revenue. First-quarter 2020 revenue of $5.86 billion, an increase of 15% compared to the first quarter of 2019. This is one of the Best Pharma companies in the USA.
Biogen
Biogen Inc. is an American multinational biotechnology company based in Massachusetts. Founded in 1978 by a small group of visionary scientists, the company discovers, develops, manufactures, and markets innovative therapies for the global patient population with neurological and neurodegenerative diseases. Biogen also produces and commercializes biosimilars from advanced biology. Today, Biogen is one of the oldest independent biotechnology companies in the world. Biogen generated $10.59 billion in the first three quarters of 2020 making it number 10 on the list of the top 10 pharmaceutical companies in the United States. This is one of the Top Pharma companies in the USA.
Top 10 Pharma companies in USA with their Websites:
| Sr No. | Top 10 Pharma companies in the USA | Websites |
| 1 | Johnson & Johnson | https://www.jnj.com/ |
| 2 | Pfizer Inc | https://www.pfizer.com/ |
| 3 | Merck & Co. | https://www.merck.com/ |
| 4 | Abbvie Inc | https://www.abbvie.com/ |
| 5 | Bristol Myer Squibb | https://www.bms.com/ |
| 6 | Abbot Laboratories | https://www.abbott.com/ |
| 7 | Amgen | https://www.amgen.com/ |
| 8 | Gilead Sciences | https://www.gilead.com/ |
| 9 | Eli Lilly and Company | https://www.lilly.com/ |
| 10 | Biogen | https://www.biogen.com/en_us/home.html |
Faq’s about Top 10 Pharma companies in USA:
What is the number 1 pharmaceutical company?
Roche maintains its position as the largest company by pharmaceutical sales in 2021. With a workforce of over 90,000 and headquarters based in Basel Switzerland, Roche is at the forefront of oncology, immunology, infectious diseases, ophthalmology, and neuroscience.
Which pharma companies are the top 10 players by revenue globally?
1. Johnson & Johnson
2. Roche Holding
3. Pfizer
4. Novartis
5. Merck
6. Bayer
7. GlaxoSmithKline
8. Sanofi
9. AbbVie
10. Eli Lilly & Co.
Who paid the largest criminal fine in history?
One of the most high-profile billion-dollar fines in history was given out to medical giants GlaxoSmithKline.
Are any generic drugs made in the USA?
The entire USA healthcare system market for generic drugs has moved offshore, primarily to China. Virtually no one is making generics in the USA. Most drugs utilized in the USA are generics.
Which state is best for pharmaceutical jobs?
1. Delaware
2. California
3. Connecticut
4. Rhode Island
5. New Jersey
6. Massachusetts
7. Pennsylvania
8. Maine
9. Nevada
10. Maryland
Who paid the largest criminal fine in history UK?
In 2012, GlaxoSmithKline paid £782million in criminal damages for failure to disclose safety data and off-label marketing and £1.45billion in civil charges.
Where does the US get its generic drugs?
Since the 1990s, U.S. companies have increasingly imported pharmaceutical products from India and China, where ingredients are cheaper and manufacturing is subject to fewer regulations. As a result, the United States now relies heavily on China and India for its drug supply.
Where are US generic drugs made?
Ninety percent of the prescription drugs consumed in the United States are generics, and the majority of them are produced overseas, mostly in India and China.
What drug manufacturer does CVS use?
McKesson primarily supplies CVS Health’s Caremark mail and specialty pharmacies, which have been enjoying impressive organic growth due to the specialty boom: In 2015, CVS Health’s Caremark business became the largest specialty pharmacy, with pro forma 2015 revenues of $29.6 billion.
What percentage of antibiotics are made in China?
Reports suggest that 97 percent of all antibiotics in the United States come from China
How much do pharmaceutical scientists make?
The average pharmaceutical scientist’s salary is $70,599 per year, or $33.94 per hour, in the United States. People on the lower end of that spectrum, the bottom 10% to be exact, make roughly $48,000 a year, while the top 10% make $102,000. As most things go, location can be critical.
Which state has the most biotech companies?
Northern California claims the largest cluster of biotech companies in the nation. According to the San Francisco Center for Economic Development, the Bay Area is home to about 1,377 life science and biotech companies, employing more than 140,000 people.
Which country pays doctors most?
Luxembourg tops the list! A small nation with just above six hundred thousand, Luxembourg offers a cultural mix between its neighbors Germany and France. This is reflected in the three official languages; German, French, and the national language of Luxembourgish.
Where do most of our pharmaceuticals come from?
China Is the Top Source of U.S. Pharmaceutical Imports, With India and Mexico Also Major Sources – Public Citizen
Which country is the largest producer of medicine in the world in 2020?
For more than a decade now, China has been the largest producer of APIs in the world. The US, Europe, and Japan produced 90% of the world’s APIs until the mid-1990s.
What drug companies manufacture in us?
The companies holding the largest market share in the Brand Name Pharmaceutical Manufacturing in the US industry include AbbVie Inc., Bristol-Myers Squibb, Johnson & Johnson, Amgen Inc., Merck & Co. Inc., and Pfizer Inc
Are drugs made in China safe?
The commission also cautioned that there are “serious deficiencies in health and safety standards” in Chinese drug factories. The Food and Drug Administration claims pharmaceutical ingredients from China are safe.
Why are generic drugs not as effective?
This may be due to how the generic medication is produced or the type and amount of inactive materials present in the medication. For some people, these slight differences may cause the drug to be less effective or lead to side effects.
Which country has the best private healthcare?
Switzerland. Switzerland comes top of the Euro Health Consumer Index 2018, and it’s firmly above the eleven-country average in the Commonwealth Fund’s list too. There are no free, state-run services here – instead, universal healthcare is achieved by mandatory private health insurance and some government involvement.
What is the biotech capital of the world?
Home to the world’s largest biotech campus with over 210 biotechnology companies, South San Francisco is the biotech capital of the world. For the past 40 years, South San Francisco has been committed to innovation and a strong supporter of the biotech industry.
Which state is best for biotechnology?
Northern California claims the largest cluster of biotech companies in the nation. According to the San Francisco Center for Economic Development, the Bay Area is home to about 1,377 life science and biotech companies, employing more than 140,000 people.
Who is the richest doctor in the world?
As the richest doctor on earth, Patrick Soon Shiong is a doctor turned entrepreneur turned philanthropist who is worth close to $12 billion. He made his fortune transforming cancer treatments.
Who are the highest-paid doctors?
Specialists in plastic surgery earned the highest physician salary in 2020 — an average of $526,000. Orthopedics/orthopedic surgery is the next-highest specialty ($511,000 annually), followed by cardiology at $459,000 annually.
Where are most US drugs made?
It is believed that about 80 percent of the basic components used in U.S. drugs, known as active pharmaceutical ingredients (APIs), come from China and India, though the exact dependence remains unknown since no reliable API registry exists.
Who is the first largest producer of medicine in the world?
India is tops in the world in exporting generic medicines worth Rs 50,000 crore and currently, the Indian pharmaceutical industry is one of the world’s largest and most developed, according to union minister of state for chemicals and fertilizers Srikanta Jena. India is the 3rd largest country to produce medicines.
Where are pharmaceutical companies located in the USA?
While the Boston area is home to several start-up companies, many prominent pharmaceutical companies also call Boston their home, including Merck, Sanofi, Pfizer, Biogen-Idec, and Novartis. Pharmaceutical jobs in Massachusetts, especially pharmaceutical jobs in Cambridge, are plentiful.
Which city has the most biotech companies?
San Francisco Bay Area, California has now been dubbed as home to the largest biotech and pharmaceutical hubs.
What is the salary for biotechnology?
The average annual salary by the leading biotech companies ranges from Rs. 2,29,238 to Rs. 8,28,746 per year
Conclusion:
The pharma sector is in the golden age A research by Deloitte shows that
“ Researchers from the Deloitte Center for Health Solutions interviewed 14 thought leaders (futurists, venture capitalists, digital health leaders, and academics) to find out how they expected the identification, prevention, and treatment of disease to evolve between now and 2040. Through these interviews, five forces emerged that could alter the course of the biopharmaceutical sector.
These forces represent both opportunities and threats to incumbents. They include prevention and early detection, custom treatments and personalized medicine, curative therapies, digital therapeutics, and precision intervention. Interviewees noted that disruption is already taking place in the industry, and they tried to project where those threats might lead over the next 20 years.
The forces of change highlighted in this paper are likely to reshape, if not shrink, the market for biopharma products. Biopharma companies should consider the potential for disruption by these forces as they redefine the types of products and solutions they will offer, where they will compete, and the new capabilities they will require.
Company leaders should develop strategies to counter potential threats and take advantage of the short- and long-term opportunities that emerge in this changing environment. Organizations that ignore these forces and maintain the status quo could wind up shrinking in parallel to the demand for drug interventions to manage symptomatic diseases.”
Pharma Sector is not going in a loss anywhere soon. The stock price is rising market capitalization increased in pandemic In short: Pharma company is in their golden period.
