In this article we are going to list the 5 most valuable pharmaceutical companies in the world. For a detailed coverage of this topic and a more comprehensive list, please head on over to the 15 most valuable pharmaceutical companies in the world.
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5. Novartis AG (NYSE:NVS)
Total market cap of the company as at March 31, 2021 (in billions of dollars): 197.513
Novartis AG (NYSE:NVS) is a Swiss pharmaceutical company, and its latest reported revenue in 2020 was $48.66 billion. Novartis AG (NYSE:NVS) has more than 110,000 employees globally. Clozaril, Voltaren, Tegretol and Ritalin are among Novartis AG (NYSE:NVS)’s top-selling products.
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4. Pfizer Inc (NYSE:PFE)
Total market cap of the company as at March 31, 2021 (in billions of dollars): 201.929
Pfizer Inc (NYSE:PFE) is fourth in our list of the most valuable pharmaceutical companies in the world. Pfizer Inc (NYSE:PFE) has been in headlines for being the first major company to develop a vaccine for Covid-19, which has been administered to the general population in many countries across the world. This success has improved Pfizer Inc (NYSE:PFE)’s goodwill immeasurably.
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3. Abbott Laboratories (NYSE:ABT)
Total market cap of the company as at March 31, 2021 (in billions of dollars): 212.424
Healthcare and pharmaceutical company Abbott Laboratories (NYSE:ABT) is well-known for its diagnostics, medical devices, nutritional products and branded medicines which are of a generic nature. Abbott Laboratories (NYSE:ABT) is a US company founded more than 130 years ago. It reported more than $34 billion in revenue in 2020.
Courtesy of Abbott Labs
2. Roche Holdings
Total market cap of the company as at March 31, 2021 (in billions of dollars): 277.853
Roche Holdings is the biggest pharmaceutical company not just in Switzerland, but in all of Europe. It was founded 125 years ago, in 1896, and is the biggest company focused on cancer treatment, and is one of the few companies to increase its dividend on an yearly basis for more than 30 years.
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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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