In: Economics
The pharmaceutical industry is undergoing a tremendous deal of change. There are many pharmaceutical companies, who are providing the better products. The Pharma industry is one of the most sought after, and flourished industries. As the pharmaceutical drug manufacturers are one of the reasons for the economic well being of a nation.
On the other hand, we can say that the Pharma industry is responsible for the economic development. That is the main reason for both research and development of newer and better products for various kinds of diseases.
1. Johnson & Johnson
Johnson & Johnson is one of the top pharmaceutical
manufacturers across the globe. It is a household name, known for
providing the pharmaceutical and consumer goods across a range of
industries to its consumer healthcare division.
This company has over 182 marketed drugs, with market leaders in Hepatitis C, HIV/AIDS, Arthritis, and digestive conditions. Johnson & Johnson brings the superior medical products to advance the health and well-being of people around the world.
2. Novartis
Novartis is a global healthcare company based in Switzerland. It
provides solutions to address the evolving needs of patients across
the globe. The pharmaceutical company strives for the growth areas
of healthcare.
It specializes in the development of biological therapies and also contains specialists divisions for prescription pharmaceuticals, eye care and generics and bio-similar. Its current top grossing pharmaceutical drugs include Gleevec for cancer and Gilenya for multiple sclerosis.
3. Roche
Roche is one of the top companies in research-focused healthcare
with combined strengths in pharmaceuticals and diagnostics. Roche
is the world’s largest biotech company that provides medicine in
oncology, immunology, ophthalmology, neuroscience, and infectious
diseases.
It is also a leader in diabetes management and in vitro diagnostics and tissue-based cancer diagnostics. Its best selling drugs include cancer treatments MebThera, Avastin, Herceptin and Xeloda.
4. Pfizer
Pfizer, the popular pharmaceutical manufacturer across the globe
develops and produces a wide range of vaccines for therapeutic
areas including oncology, cardiology, and immunology. The products
of this company are meant to treat an array of illness across a
range of therapeutic areas.
The sales of vaccine keep Pfizer among the world’s biggest pharmaceutical companies. The company also acquired a leading sterile injectables company Hospira in a $17 billion deal that enhances the portfolio of generics and bio-similar products.
5. Sanofi
Sanofi is the French pharmaceutical company that specializes in
prescription and over the counter (OTC) medicines in seven major
therapeutic areas such as cardiovascular, central nervous system,
diabetes, internal medicine, oncology, thrombosis and vaccines.
The product named the diabetes blockbuster Lantus remains the source of much of the company’s turnover.
6. Merck
Merck provides the best medicines and it has received FDA approval
for insomnia treatment Belsomara and Zerbaxa. The research and
development of Merck has led to the approval of more new drugs than
any other company.
Their specialist therapeutic areas include oncology, neurodegenerative diseases, fertility and endocrinology. This company provides leading innovations and solutions for the people to make them healthier.
7. GSK (GlaxoSmithKline)
GSK (GlaxoSmithKline) always takes on some of the world’s biggest
healthcare challenges. It delivers a sustainable business and
health benefits to patients through its high quality products. GSK
develops a broad range of products in pharmaceuticals, vaccines and
consumer healthcare, and has leading products across various
therapeutic areas including cardiovascular and respiratory disease,
asthma, cancer, infections, mental health, diabetes and digestive
conditions.
It is one of the best companies to have a good growth in emerging markets. GSK applied for regulatory approval in 2014 for the first malaria vaccine and currently has one of the leading candidates for an Ebola vaccine undergoing clinical trials.