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The 10 largest pharmaceutical companies in the world

Aug 26, 2024, 20:46 IST

The pharmaceutical industry is among the biggest in the world, containing some of the largest companies in the world.

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The drugmakers are in charge of developing, making, and later marketing treatments for everything from cancer to common antibiotics. As a whole, the industry has come under fire in the past few years over the rising prices of some of these medications, especially for companies that don't spend as much researching cutting-edge new treatments.

Here's what the largest pharmaceutical companies look like, as determined by prescription sales and based on an annual ranking from the Pharmaceutical Executive. Notably, Merck & Co. spends the most on research and development at $9.7 billion, though its sales pull it in at just #4.

Mike Nudelman/Business Insider

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