So what are the 9 biggest pharmaceutical companies in the world in 2020? If you are interested in them, you are at the best place as we are here to show them to you. Insider Monkey has recently written a great article about this topic.
Pharmacology is an industry that operates with a trillion dollar profit annually, which is a really jawdropping amount. We like pharmacology or not, we appreciate these companies or not; we have conspiracy theories or not – one thing is sure: we do need medicines. Without medicines we still would be in the middle ages when people died of even the simplest flue. I think the most important thing in taking medicines is temperence. No-one should take them helter-skelter, or nobody should take antibiotics for viruses instead of bacteria. Inmoderateness is aming the biggest problems of humanity.
Nowadays there’s a fierce compete among countries and pharmaceutical companies according to COVID-19 and its vaccine. The company that will produce the first vaccine against the corona virus, will be able to get the largest profit ever, since all the countries throughout the whole world will queue up for it. Perhaps the formula of the appropriate vaccine already exists, but its producing hasn’t started yet.
As for the prices, for instance the United States doesn’t make any regulations on prices, so it can happen that greedy people, such as Martin Shkreli increased the price of an important drug by 700% legally. These people just want to fill the bank accounts instead of helping the humanity.
And now, let’s take a look at the list of the 9 biggest pharmaceutical companies in the world in 2020. We’ll start with number 9:
9. Bristol-Myers Squibb (NYSE:BMY)
8. Sanofi (NYSE:SNY)
7. Abbvie (NYSE:ABBV)
6. GlaxoSmithKline (NYSE:GSK)
5. Johnson & Johnson (NYSE:JNJ)
4. Merck & Co. Inc. (NYSE:MRK)
3. Novartis (NYSE:NVS)
2. Roche (OTC:RHHBY)
1. Pfizer (NYSE:PFE)