5 Most Valuable Pharmaceutical Companies In The World

1. Johnson & Johnson (NYSE:JNJ)

Total market cap of the company as at March 31, 2021 (in billions of dollars): 435.1

Topping the list of the most valuable pharmaceutical companies in the world is Johnson & Johnson (NYSE:JNJ)n, which is the only company in the industry worth more than $400 billion. Johnson & Johnson (NYSE:JNJ) has at least 250 subsidiaries and is one of the pharma companies with a major consumer healthcare business, which has been integral to its success and operations in at least 70 countries. Johnson & Johnson (NYSE:JNJ) was involved in quite a bit of a trouble following billion dollar verdicts from damages allegedly caused by its products. Nevertheless, more recently, Johnson & Johnson (NYSE:JNJ) has been in the news for its development of a vaccine for Covid-19, which is at least 66% effective in preventing moderate to severe forms of Covid-19.

See also: 15 Biggest Vaccine Companies In The World and 10 largest pharmaceutical companies in 2020

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