In this article, we are going to read about the 5 largest vaccine companies in the world, based on Insider Monkey’s latest article. Since scientists and researchers invented and applied the very-first vaccines, history of medical science has changed a lot. These vaccines helped us to have longer life-expectancy with much better living-standards. As we don’t have to suffer from diseases, such as small-pox, measles, cholera, any more. Alongside being the well-doer of humanity, pharmaceutical and biopharmaceutical companies earn extremely large profits annually. As of 2019, the revenue of the total global vaccine market was about $33 billion, which was predicted to have a significant growth in the year of 2020 and 2021, due to the COVID-19 pandemic. The largest players share 90% of the total market, such as Sanofi, Glaxo Smith Kline, Pfizer and Merck & Co.
And now, let’s see what you are here for: three of the largest vaccine companies in the world. Sanofi stands on the fifth spot, with a total market cap of $121.45 billion, total revenue of $40.51 million, total assets of 112736 pounds and 100,409 employees. Sanofi is a France-headquartered company, located in Paris. In February, 2020 the company began to work with BARDA to utilize its recombinant DNA stage to test a preclinical immunization candidate for COVID-19. Up on the list, we can see Merck on the third spot with a total market cap of $210.068 billion, total revenue of $46,840 million, total assets of $84,394 and 71,000 employees. Merck operates in the United States and Canada, but has locations worldwide. It’s headquartered in New Jersey. Merck developed antibodies for the first mumps vaccine, the primary rubella vaccine, and the main trivalent measles, mumps, rubella (MMR vaccine). Actually, Pfizer is always in the top three, it stands on the second spot on the compilation with a total market cap of $206.383 billion, total revenue of $51,750 million, total assets of $167,489 and 88,300 employees. Pfizer is American pharmaceutical company that operates in has locations worldwide. It received the 64th spot on the 2020 Fortune 500 by its total revenue. It’s worth checking out the entire article of biggest vaccine companies in the world.
