Top 10 Pharmaceutical Companies in the USA according to Find My Customer
Through the invention, production, and distribution of cutting-edge pharmaceuticals and healthcare items, these top 10 corporations have significantly improved healthcare. Based on the market value of each pharmaceutical firm as of March 31, 2023, the selection and matching placements were made (data sourced from Global Data)
1. Johnson & Johnson
At US$ 402,750 million in market capitalization, Johnson & Johnson is the most valuable pharmaceutical company in our list of the top ten in the US. Johnson & Johnson was founded in 1886 and has its headquarters in New Brunswick, New Jersey.
The business produces and markets a wide range of healthcare products in addition to conducting substantial research and development. Its range of products includes consumer goods, therapeutic area-focused medications, and medical equipment.
Among the many contributions Johnson & Johnson has made to the medical industry, two particularly noteworthy ones stand out. The mass manufacture of sterile sutures, which spurred a revolution in surgical methods, is one of these achievements. This discovery has been essential in lowering the danger of death since it has decreased the incidence of infection following surgery.
Furthermore, Johnson & Johnson has developed ground-breaking discoveries in the treatment of HIV and multidrug-resistant tuberculosis, providing patients with these difficult illnesses with hope and better results.
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2. Eli Lilly & Co
Eli Lilly & Co. (Lilly) has accomplished notable benchmarks in the healthcare industry. One of its most notable achievements has been becoming the first corporation to mass produce and distribute Jonas Salk’s polio vaccine, which was a major breakthrough in the fight against this crippling illness.
Moreover, Iletin, the first commercially accessible insulin medication, was introduced by Eli Lilly & Co. in 1923, transforming the treatment of diabetes and enhancing the lives of countless people.
The headquarters of this leading pharmaceutical corporation are now located in Indianapolis, Indiana. With a broad range of products, Lilly currently offers treatments for a wide range of medical concerns, including cancer, diabetes, endocrinology, neurological disorders, autoimmune diseases, men’s health, and musculoskeletal issues. The company prioritizes innovation, research, and development in addition to commercialization.
3. AbbVie Inc
Originally an Abbott Laboratories subsidiary, AbbVie Inc. holds the third position. Following its 2013 separation as an independent company, it currently has a market valuation of US$ 281,151 million.
Treatment of complicated and chronic diseases is the primary emphasis of AbbVie Inc.’s research, development, manufacturing, and sales activities. The company is also intensely focused on developing novel treatments for diseases that may arise in the future, including Parkinson’s disease, Crohn’s disease, and different types of cancer. The corporate office of AbbVie Inc. is located in North Chicago, Illinois.
4. Merck & Co Inc
Merck & Co. Inc. is a global pharmaceutical company, just like many of the other top corporations on our list. However, Kenilworth, New Jersey, USA, is home to the company’s headquarters.
This biopharmaceutical company manages every aspect of its business, from marketing to research. It produces vaccines, biological therapies, and animal health products in addition to its specialty in prescription drugs. Nonetheless, the company’s main areas of interest are diabetes and oncology; according to Statista, its top-selling medications in 2022 were Januvia, a type 2 diabetes treatment, and Keytruda, a cancer medication.
5. Pfizer Inc
Pfizer is a forward-thinking, global pharmaceutical and biotechnology company dedicated to generating ground-breaking discoveries and novel pharmaceutical products. Pfizer has made a name for itself in the market with operations in more than 185 countries and its headquarters situated in New York, USA.
Pfizer has a broad range of healthcare products that efficiently treat a variety of medical diseases, from cardiovascular ailments to women’s health concerns. Pfizer is actively involved in the investigation, advancement, production, and marketing of biopharmaceuticals.
Being the first manufacturer of Covid-19 vaccines to receive FDA approval is a noteworthy accomplishment for Pfizer, highlighting the company’s dedication to innovation. Additionally, the business has a long history of accomplishments, including being the first to produce vitamin C and penicillin on a wide scale, both of which had a major impact on medical progress.
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6. Bristol-Myers Squibb Co
Bristol-Myers Squibb Company is well known for its outstanding research skills and for creating cutting-edge medications that have improved healthcare. Among its notable products are the blood thinners Eliquis and Plavix, as well as the psychiatric medication Abilify. The business has also created Opdivo, an immunotherapy medicine that fights particular types of cancer.
In addition, Bristol-Myers Squibb concentrates on a number of other important therapeutic areas in medicine, including diabetes, heart disease, fibrotic therapies, and others. This biopharmaceutical company, which has its headquarters in New York City, distributes its goods throughout the US, Europe, and Japan, enhancing patient outcomes and quality of life on a global scale.
7. Amgen Inc
The biotechnology business Amgen Inc. is based in Thousand Oaks, California. Finding, creating, distributing, and manufacturing cutting-edge medications to treat life-threatening illnesses is their main priority. Their investigations cover a wide range of therapeutic domains, such as nephrology, inflammation, bone health, oncology/hematology, cardiovascular health, and neurological illnesses.
Amgen is unique in that they prioritize “biology first.” To find the best and safest treatments, this entails a thorough investigation of the complex molecular mechanisms underlying diseases. Amgen aims to create targeted pharmaceuticals and give light on the underlying causes of diseases by utilizing enhanced human genetics.
Countless people with life-threatening conditions like cancer, heart disease, osteoporosis, asthma, and rheumatoid arthritis have benefited greatly from Amgen’s medications. Their portfolio addresses unmet medical needs by providing beneficial therapeutic options for illnesses where there are few other options. The market valuation of the corporation is over $129,089 million.
8. Gilead Sciences Inc
The biopharmaceutical research organization Gilead Sciences Inc. is well-established worldwide, with manufacturing sites and subsidiaries spread throughout Europe, the Americas, Asia-Pacific, the Middle East, and Africa. On the other hand, Foster City, California, is home to its headquarters. The market capitalization of the company is $103,614 million.
While Gilead’s primary focus is on the discovery, development, and commercialization of medications in a variety of therapeutic areas, they also work with academic institutions, medical research centers, and top pharmaceutical firms globally to promote the creation of novel pharmaceuticals.
The firm has become a pioneer in HIV therapy because to ground-breaking drugs like Genvoya and Truvada. In addition, their medications Epclusa, Harvoni, and Sovaldi have had a big influence on the hepatitis C therapy market. But they also focus on a number of other healthcare-related topics.
9. Regeneron Pharmaceuticals Inc
Dedicated to the discovery, development, production, and distribution of revolutionary medications for the management of life-threatening illnesses, Regeneron Pharmaceuticals Inc. is a well-known biotechnology firm with its headquarters located in Tarrytown, New York.
Regeneron is a company that focuses on treating a wide range of health issues. Its product portfolio includes treatments for cancer, inflammatory and allergic diseases, eye diseases, metabolic and cardiovascular diseases, infectious diseases, neuromuscular diseases, hematologic conditions, pain, and rare diseases.
Regeneron develops cutting-edge solutions faster than would be possible with traditional means by utilizing its in-house technological platforms, such as VelociSuite. Regeneron has been able to successfully translate scientific findings into FDA-approved therapies and promising product prospects because to these technologies. The company is particularly proud of the fact that it develops its inventions in-house.
10. Vertex Pharmaceuticals Inc
Currently ranked tenth, Vertex Pharmaceuticals Inc. has a market value of US$ 81,002 million. Based in Boston, Massachusetts, this well-known biotechnology company specializes in finding, creating, and marketing novel medications to treat severe and fatal illnesses. Specific medical diseases such beta thalassemia, sickle cell disease, pain management, and type-1 diabetes are the focus of their research and development efforts.
At the vanguard of innovation, Vertex finds novel chemicals, disease targets, delivery systems, and therapeutic strategies by utilizing cutting-edge technological platforms. Vertex has a global presence with offices and research and development facilities located in North America, South America, Europe, and Australia