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Top 10 Uk Pharmaceutical Companies
Things Big Pharma Doesn't Want You To Know
Driven by new product launches and an aging population, the global pharmaceutical industry continues to grow and is set to grow to a staggering $1.4 trillion by 2021. New drugs are developed, approved and marketed continuously, leading to significant market growth. Despite the disruption caused by the Covid-19 pandemic, drug companies have remained flexible and the FDA approved 50 drugs in 2021, the fourth best year since 2018 (59 drugs) and 1996 and 2020 (53 each).
Mergers and acquisitions (M&A) are gradually changing the market, and some of the largest pharmaceutical companies have gained strength through mergers or acquisitions with other businesses. Significant changes in the market in 2021:
The following list of the world's 10 largest pharmaceutical companies in 2022 is ranked only by pharmaceutical sales revenue in 2021:
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In tenth place is the British multinational company GlaxoSmithKline. Formed in 2000 through the merger of Glaxo Wellcome plc and SmithKline Beecham plc, GSK specializes in the pharmaceutical, biologics, vaccines and consumer healthcare sectors. In 2021, sales in the pharmaceutical and vaccine sectors are expected to reach $32 billion, an increase of 3%.
The pharma division was led by sales of Xevudy, a monoclonal antibody treatment for Covid-19, which contributed 6 percentage points to overall pharma growth. Vaccine circulation rose 2% CER driven by pandemic sales, but partially offset by lower demand for adult vaccinations due to Covid-19.
In early 2022, GSK announced plans to divest its consumer healthcare division and launch a new company called Haleon in mid-2022. The index allows GSK to focus exclusively on biologics and prioritize investment in the development of novel vaccines and specialty drugs.
French multinational drug magnate Sanofi is the world's ninth largest pharmaceutical company by revenue. Sanofi provides healthcare solutions to more than 100 countries around the world and has three focus areas: specialty therapies, vaccines and generic drugs.
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In 2021, sales of Sanofi's pharmaceuticals and vaccines division will reach $36.6 million (€33.3 million). Sales were down 2% due to unfavorable exchange rates, but rose 5% in euros, the company reported. The Company's Pharmaceuticals segment consists of Specialty Care Pharmaceuticals and General Pharmaceuticals. Eczema treatment Dupixen remained the main growth driver, with sales up 48%. Vaccinations rose well throughout 2021, but the fourth quarter showed a gradual decline in US flu vaccination rates.
The company launched a new brand identity in early 2022, the business is implementing a new long-term growth strategy, with a strong pipeline of innovative therapies in oncology, inflammation and immunology. Looking ahead, Sanofi plans to continue investing in research and development to further strengthen its pipeline.
After AstraZeneca's acquisition of Alexa, Rocket will rank eighth in 2022. Headquartered in Cambridge, UK, AstraZeneca provides solutions in key disease areas including oncology, cardiovascular, gastrointestinal, infectious, neurology, respiratory and inflammation.
In 2021, AstraZeneca's revenue will reach $37.4 billion, a staggering 41% growth. Growth was fairly balanced across the company's key focus areas, with double-digit growth across all key segments, including emerging markets, despite some challenging conditions in China. The increase was mainly due to the acquisition of US pharmaceutical company Alexon, which the company completed in July 2021. After the acquisition, rare diseases will account for 8% of AstraZeneca's total revenue in 2021, an increase of 8%. Oncology accounted for 38% of the company's revenue and will grow 19% in 2021. Reimbursement and the impact of Covid-19 on rates of diagnosis and treatment.
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AstraZeneca and the University of Oxford launched the Covid-19 vaccine in January 2021, and since then more than 2.5 billion doses have been distributed to the global supply. In 2021, product sales will reach $3.917 billion.
Looking ahead, AstraZeneca plans to continue to deliver growth through innovation by supporting its diverse drug portfolio, continuing to invest in its clinical pipeline and pursuing strategic clinical-level business development.
American multinational company Merck & Co is the mainstay of the top 10 pharmaceutical companies. With 68,000 employees worldwide, the company is known for its contributions to the treatment of diabetes and cancer. In 2021, Merck's drug sales grew 17%, driven primarily by higher oncology sales, strong growth in the blockbuster Keyturda, higher vaccine sales, and growth in the hospital's critical care products. Covid-19 continued to negatively impact sales in 2021, but to a lesser extent than in 2020.
As Merck's regular star performer, the Keytruda, looks set to lose its market lead by 2028, Merck is forced to look for new avenues of growth. In late 2021, it was announced that Merck had acquired Acceleron Pharma for $11.5 billion, expanding the company's portfolio with therapies that could bring in new revenue.
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"Our scientists continue to advance our pipeline of promising drugs and vaccines for oncology, HIV, and lung cancer," said Kenneth Frazier, Merck's chairman and CEO, when the company's full-year results were released. More recently, treatment for Covid-19. "This pipeline development will allow us to achieve significant growth momentum at the end of this decade and into next year."
Global pharmaceutical company Bristol-Myers Squibb ranked sixth in 2022. The company has been in business for 135 years and has made significant advances in oncology, hematology, immunology and cardiovascular disease. Bristol-Myers Squibb's sales were $46.4 billion, up 12%, driven by stroke drugs, Eliquis, immuno-oncology and new products. On the full-year earnings call, Giovanni Caforio, Chairman and CEO, said: “2021 has been a very important year for our company as we have achieved important regulatory and clinical milestones and will successfully renew the company. portfolio. I am confident that we will be able to achieve key milestones in 2022, including three Phase I launches with relatlimab as well as a fixed-dose combination of nivolumab, mavacamten and devravactinib. "Our financial strength, dedicated workforce and proven ability to deliver continue to advance our pipeline and invest in future sources of innovation to position the company."
Former number one Roche dropped to fifth place on this year's list of pharmaceutical companies. With a workforce of more than 90,000 and headquarters in Basel, Switzerland, Roche is at the forefront of oncology, immunology, infectious diseases, ophthalmology and neuroscience. In 2021, the pharmaceutical industry accounted for 72% of total revenue, with total sales of $48.5 billion, down 2% from the previous year, but up 3% at constant exchange rates (2021: 45.1 billion and 2020: 44 5 billion). After suffering a negative impact from the outbreak in 2020, when patients avoided visiting healthcare professionals, Roche's pharma division started to recover in 2021 by using new drugs that offset competition from biosimilars. However, in 2021, Roche's diagnostics division (not included in our data) continued to take center stage in monitoring the spread of Covid-19 around the world.
In December, Roche completed a stake in rival Novartis, regaining strategic flexibility and maintaining its operational footprint. Looking ahead, Roche continues to develop its capabilities and partnerships, poised to deliver the next level in personalized healthcare, and has a strong pipeline in the coming year with 14 new molecular entities in late-stage trials.
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Only the Swiss multinational pharmaceutical company Novartis, which has been developing, manufacturing and marketing breakthrough drugs for more than 250 years, is among the top 3. Present in 155 countries around the world, Novartis focuses on innovative medicines as well as gene and biologics.
Throughout 2021, Novartis will continue to deepen, strengthen its technology platform, and establish a geographic footprint in its five core therapeutic areas (cardiovascular, immunology, neuroscience, oncology and hematology). The company's full-year drug revenue rose 6%, driven by strong performance in the Innovative Medicines segment, with several key growth drivers newly approved for heart failure treatment, Entresto (+40% cc). Arthritis, Cosentis (+17%), Spinal Tuberculosis Treatment, Zolgensma (+46%), Multiple Sclerosis Vaccine, Orbita ($372 million) Breast Cancer Treatment, Kiscali (+36%).
The company's sanding division saw a 2% increase in sales. However, Novartis is conducting a strategic review of Sandoz and expects to provide an update by the end of 2022 at the latest. This review examines all options, from identifying the business to how to proceed. .
With several patent losses in 2020, the company faces strong competition from scientific development
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