Ranking the TOP 50 Pharmacesutical Companies of 2024

Annual Pharma 50 list ranks drug developers based on revenue figures derived from annual reports.

Discover pharma's rising stars and proven performers

Get to know the companies making the biggest impact in the pharma sector, from nimble startups to established giants, and what sets them apart.

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Contact the Author Direct : Brian Buntz 

bbuntz@wtwhmedia.com

PHARMA 50

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Ranking the TOP 50
Pharmacesutical Companies of 2024

View the Pharma 50 rankings

The report provides a deep dive into the financial performance of the top pharma companies, including competitive insights and analysis of their revenue growth, profitability, and R&D spending.

Understand the trends, opportunities, and headwinds shaping the pharma sector

Understand the trends shaping the industry

Compare the performance, pipelines and strategic approaches of the pharma industry's top players to inform your competitive positioning and decision-making.

Explore pharma performance data

Rank

Company

Headquarters

2022 Revenues ($USD)

1

Pfizer

New York City

$100,330,000,000

2

Merck & Co.

Rahway, New Jersey

$59,283,000,000

4

Johnson & Johnson Innovative Medicine

New Brunswick, New Jersey

$52,563,000,000

3

AbbVie

North Chicago, Illinois

$58,054,000,000

6

Roche Pharmaceuticals (division of Roche Group)

Basel, Switzerland

$47,697,382,199

5

Novartis

Basel, Switzerland

$50,545,000,000

8

Sanofi

Paris

$45,293,039,800

7

Bristol Myers Squibb

Princeton, 
New Jersey

$46,159,000,000

10

GSK

Brentford, U.K.

$36,882,899,400

9

AstraZeneca

Cambridge, U.K.

$44,351,000,000

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Company

Headquarters

2023 Revenues ($USD)

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Company

Headquarters

2023 Revenues ($USD)

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Headquarters

2023 Revenues ($USD)

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2023 Revenues ($USD)

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2023 Revenues ($USD)

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Company

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2023 Revenues ($USD)

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Company

Headquarters

2023 Revenues ($USD)

2023 Top 10 Pharma Companies

1

Merck & Co.

Rahway, New Jersey

$60,115,000,000

4

AbbVie

North Chicago, Illinois

$54,318,000,000

3

Johnson & Johnson Innovative Medicine

New Brunswick, New Jersey

$54,759,000,000

9

Bristol Myers Squibb

Princeton, 
New Jersey

$45,006,000,000

Rank

Company

Headquarters

2023 Revenues ($USD)

6

Sanofi

Paris

$46,588,819,000

8

Novartis

Basel, Switzerland

$45,440,000,000

7

AstraZeneca

Cambridge, U.K.

$45,811,000,000

2

Pfizer

New York City

$58,496,000,000

5

Roche Pharmaceuticals (division of Roche Group)

Basel, Switzerland

$51,424,755,120

10

GSK

Brentford, U.K.

$37,728,032,000

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Headquarters

2023 Revenues ($USD)

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2024 Top 10 Pharma Companies