In 2021, the Swiss pharmaceutical company Novartis AG’s total revenue amounted to 51.6 billion U.S. dollars. This is a significant increase - around three billion U.S. dollars - compared to the year before.
Novartis’ revenue by segment
Between 2014 and 2021, the multinational corporation, based in Basel, Switzerland, generated the bulk of its revenue through brand name pharmaceuticals (innovative medicines): in 2020, the company made 42 billion U.S. dollars from this segment. In the same year Novartis generated close to one fifth of its revenue from its generic drug division (Sandoz).
Another global leader in the world of healthcare and pharmaceuticals is Sanofi, which is based in Paris, France. In 2020, the French company generated about 36 billion euros' worth of revenue. That same year, the majority of Sanofi’s revenue was earned through pharmaceuticals (roughly 25.7 billion euros), while the vaccine business segment generated around six billion euros.
Novartis AG's total revenue from 2007 to 2021
(in billion U.S. dollars)
This statistic was assembled from several editions of Novartis' annual report.
* With the 2015 Annual Report, values back to 2011 were restated, as a result of a series of transactions during 2015.
** During this year, eye care division Alcon was spun off and became an own company. Thus, Alcon's revenues are not included.
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Novartis. (February 2, 2022). Novartis AG's total revenue from 2007 to 2021 (in billion U.S. dollars) [Graph]. In Statista. Retrieved May 21, 2022, from https://www.statista.com/statistics/264238/novartis-revenues-since-2007/
Novartis. "Novartis AG's total revenue from 2007 to 2021 (in billion U.S. dollars)." Chart. February 2, 2022. Statista. Accessed May 21, 2022. https://www.statista.com/statistics/264238/novartis-revenues-since-2007/
Novartis. (2022). Novartis AG's total revenue from 2007 to 2021 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: May 21, 2022. https://www.statista.com/statistics/264238/novartis-revenues-since-2007/
Novartis. "Novartis Ag's Total Revenue from 2007 to 2021 (in Billion U.S. Dollars)." Statista, Statista Inc., 2 Feb 2022, https://www.statista.com/statistics/264238/novartis-revenues-since-2007/
Novartis, Novartis AG's total revenue from 2007 to 2021 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/264238/novartis-revenues-since-2007/ (last visited May 21, 2022)