The different pharmaceutical companies in United States of America have been striving in making sure indeed people get high-quality drugs at affordable rates.
The United States pharmaceutical companies have shown a great significance in growth when compared with most countries of the world.
Pharmaceutical companies influence different sectors of life ranging from but not limited to global health, economic productivity, and prosperity.
It is also important to note that the pharmaceutical companies in the united states of American make up about % 45 of the global pharmaceutical market, which is why is it is very you cannot talk about the world pharmaceutical powers without mentioning the Us.
Of the different pharmaceutical companies in United States of America, they engaged in different areas of specializations including; research and development, manufacturing, marketing, and distribution of chemical and biological drugs for human and veterinary use as well as traditional herbal products, medical devices, and cosmetics.
Introduction on the pharmaceutical companies in United States
The United States of America pharm industries are diligent in their works using the most advanced technologies in delivering their duties, thus they stand out among others.
In recent years, the pharmaceutical industries have grown to over a trillion dollars with the pharmaceutical companies in the United States of America having one of the major leads in this revenue. These companies have made over $500 billion starting from 2016.
Let’s take a look at the top 20 best pharmaceutical companies in United states of America
Best pharmaceutical companies in unites states of America
- Pfizer Inc
- Amgen Inc
- Merck & Co Inc
- Johnson & Johnson
- AbbVie Inc
- Gilead Sciences Inc
- Bristol-Myers Squibb
- Eli Lilly and Co
- Allergan Plc
- Biogen Inc
- Baxter International Inc
This is an American multinational pharmaceutical and biotechnology founded in 1849 by Charles Pfizer and Charles F. Erhart. The name of the company was to commemorate its co-founder, Charles Pfizer.
The company has several blockbuster drugs or products that each generate more than US$1 billion in annual revenues. In 2020, 52% of the company’s revenues came from the United States, 6% came from each of China and Japan, and 36% came from other countries.
Pfizer produces medicines and vaccines for different medical specializations ranging from but not limited to immunology, oncology, cardiology, endocrinology, and neurology.
This outstanding company had since its establishment had been making progress in researches, development, and drug manufacturing. Also, having a dynamic business structure, Pfizer remains among the best pharmaceutical companies in United States and the world at large.
It has grown spontaneously having its branches scattered in not less than 50 countries of the world.
Address: 42nd Street in Manhattan, New York City.
This is one of the best pharmaceutical companies in the United States of America founded by George Rathmann on 8th April 1980.
As of 2020, this company was recorded to have revenue of $25.42 billion. Their subsidiaries include but are not limited to MN Pharmaceuticals and Five Prime Therapeutics, Inc.
Amgen remains one of the world’s leading biotechnology companies being a values-based company, deeply rooted in science and innovation to transform new ideas and discoveries into medicines for patients with serious illnesses.
This approach begins by using tools like advanced human genetics to unravel the complexities of disease and understand the fundamentals of human biology.
They have branches in over 80 countries of the world and their innovative drugs have reached millions of people in the fight against serious illnesses.
Their focus is on 6 therapeutic areas: cardiovascular disease, oncology, bone health, neuroscience, nephrology, and inflammation.
Address: One Amgen Center Drive Thousand Oaks, CA 91320-1789 USA
Merck & Co Inc
Among the pharmaceutical companies in United States is Merck which was founded on 1st January 1891. However, its history can be traced back to Germany in 1668.
Since its establishment, they focus on scientific innovation to deliver medicines and vaccines that may help millions of people around the world and aspire to be the premier research-intensive biopharmaceutical company in the world
They demonstrate commitment to patients and population health by increasing access to health care through far-reaching policies, programs, and partnerships. In 2020 they invested $13.6B in research and development.
Johnson & Johnson
Johnson & Johnson is founded by James Wood Johnson, Robert Wood Johnson I, Edward Mead Johnson in 1886. It is an American multinational corporation that develops medical devices, pharmaceuticals, and consumer packaged goods.
The corporation includes Janssen Pharmaceuticals, Janssen-Cilag, and other subsidiary companies with operations in 60 countries and products sold in over 175 countries. Johnson & Johnson had worldwide sales of $82.6 billion during the calendar year 2020.
They constantly strive to provide value, reduce costs and maintain reasonable prices. Customers’ orders must be serviced promptly and accurately.
Address: One Johnson & Johnson Plaza, New Brunswick, New Jersey, U.S.
Abbvie is one of the best pharmaceutical companies in United States. It was founded on 1st January 2013 having revenue of about $45.5 billion in 2020. It originated as a spin-off of Abbott Laboratories.
They make use of an approach to innovation that builds on strong science combined with the drive to find solutions where the need is the greatest.
AbbVie has been recognized as a top employer and is named on more than 40 great workplaces and diversity.
Address: Lake Bluff, Illinois, United States
Gilead Sciences Inc
Gilead Sciences, Inc., is an American biopharmaceutical company founded In June 1987, by Michael L. Riordan, a medical doctor. Gilead Sciences was originally founded under the name Oligogen.
It focuses on researching and developing antiviral drugs used in the treatment of HIV, hepatitis B, hepatitis C, and influenza, including Harvoni and Sovaldi.
In 2009 they have revenue of $ 22.45 billion.
Address: Foster City, California, United States
Bristol Myers Squibb is an American multinational pharmaceutical company Founded in 1887 by E. R. Squibb, William McLaren Bristol, and John Ripley Myers
BMS is one of the world’s largest pharmaceutical companies and is consistently ranked on the Fortune 500 list of the largest U.S. corporations. As of September 2020, it had total revenue of $39.3 billion.
Its mission is to discover, develop and deliver innovative medicines that help patients prevail over serious diseases.
They combine the agility of biotech with the reach and resources of an established pharmaceutical company to create a global leading biopharma company powered by talented individuals who drive scientific innovation.
Address: 430 East 29th Street New York City, New York, United States
Eli Lilly and Co
Eli Lilly and Company is one of the pharmaceutical companies in United States and was founded in 1876 by Eli Lilly.
Its products are sold in approximately 125 countries. The company was named after, Col. Eli Lilly, a pharmaceutical chemist, and veteran of the American Civil War.
Millions of Americans rely on Lilly insulin for the management of their diabetes. As of 2019, it was recorded that 22.32 billion was generated by the company.
Address: Indianapolis, Indiana, United States
Allergan plc is an American, Irish-domiciled pharmaceutical company that acquires, develops, manufactures, and markets brand name drugs and medical devices in the areas of medical aesthetics, eye care, central nervous system, and gastroenterology.
It was founded in 1983 by Allen Chao and David Hsia. In 2019 it had revenue of $16.09 billion also the same year, U.S. pharmaceutical company AbbVie announced it had reached an agreement to acquire Allergan for $63 billion.
Address: Clonshaugh Business & Technology Park, Coolock, D17 E400, Dublin, Ireland
Biogen Inc. is an American multinational biotechnology company founded in 1978, specializing in the discovery, development, and delivery of therapies for the treatment of neurological diseases to patients worldwide.
They are focused on pioneering neuroscience and also stand as one of the world’s first global biotechnology companies.
Biogen has led innovative scientific research with the goal over the last decade to defeat devastating neurological diseases.
Address: Cambridge, Massachusetts, United States
Baxter International Inc
Baxter International Inc. is one of the pharmaceutical companies in America founded in 1931 by Donald Baxter. The company primarily focuses on products to treat hemophilia, kidney disease, immune disorders, and other chronic and acute medical conditions.
They have over 85-year experience which gives them a distinct perspective on the needs of patients and caregivers. Also, in November 2011 they acquired medical device firm Baxa.
In 2013, Baxter International spent over $1.2 billion on research and development which makes them among them the outstanding pharmaceutical companies in United States of America. As of December 31, 2016, the company had approximately 48,000 employees.
Address: Deerfield, Illinois, U.S.A
Conclusion on the Pharmaceutical companies in United States of America
The different pharmaceutical companies in the United States are worth knowing and they discover, develop, produce, and markets drugs or pharmaceutical drugs for use as medications to be administered (or self-administered) to patients, with the aim to cure them, vaccinate them, or alleviate the symptoms.
Pharmaceutical companies in United States may deal in generic or brand medications and medical devices. They are subject to a variety of laws and regulations that govern the patenting, testing, safety, efficacy, and marketing of drugs.