Largest pharma companies by market cap (2024)

FAQs

Largest pharma companies by market cap? ›

Seven of these companies, namely, Eli Lilly, Novo Nordisk, Merck & Co, AbbVie, GSK, Daiichi Sankyo, and Regeneron Pharmaceuticals, achieved growth rates exceeding 10%, with Lilly leading the pack with an impressive market capitalization growth of 33.7%.

Seven of these companies, namely, Eli Lilly, Novo Nordisk, Merck & Co, AbbVie, GSK, Daiichi Sankyo, and Regeneron Pharmaceuticals, achieved growth rates exceeding 10%, with Lilly leading the pack with an impressive market capitalization growth of 33.7%.

AmerisourceBergen, Cardinal Health, and McKesson have acquired specialty drug distributors to increase their share of the specialty drug market, and specialty drugs now account for more than 30 percent of their revenue, a result of the high prices for many specialty drugs.

1. Pfizer Inc (US) Pfizer is the world's largest research-based pharmaceutical company. Its research headquarters are located in Groton, Connecticut, America.

Pfizer's revenue rose at an average annual rate of 25.6% from $41.7 billion in 2020 to $58.5 billion in 2023, while Eli Lilly saw its top-line expand at an average annual rate of 11.9% from $24.5 billion to $34.1 billion over the same period.

Eli Lilly's stock price is riding a wave of optimism and strong earnings. The success of its weight-loss drugs, the promising early results for donanemab and the company's dominance in the pharmaceutical industry are key factors likely driving the surge.

Big Pharma Through the Centuries

J&J, Eli Lilly, Pfizer, Merck and Roche can be thought of as the old big guns.

What is the largest privately held pharma company? ›

KG is the parent company of the Boehringer Ingelheim group, which was founded in 1885 by Albert Boehringer (1861–1939) in Ingelheim am Rhein, Germany. As of 2018, Boehringer Ingelheim is one of the world's largest pharmaceutical companies, and the largest private one.

The most profitable pharmaceutical company in the world in terms of profit per second is Pfizer, which raked in $31.37 billion in 2022. That's $994.80 per second! A fair chunk of that likely came from the company's COVID-19 vaccine as well as Paxlovid, an antiviral pill used to treat COVID-19.

A large-cap company has a market capitalization of over $10 billion. A mid-cap company has a market capitalization between $2 billion and $10 billion, and a small-cap company has less than $2 billion in market capitalization.

Globally, the United States is by far the leading market for pharmaceuticals, followed by other developed countries and emerging markets.