Revenues of leading global generics manufacturers 2018

With a revenue of more than 11 billion U.S. dollars, Mylan was the global leading generics manufacturer in 2018. Sandoz and Teva each generated close to 10 billion U.S. dollars that year, putting them in second and third place, respectively.

Generic prescription drugs

Worldwide generic prescription drug revenue is expected to increase in the coming years: the total amount of revenue generated in 2018 was roughly 75 billion U.S. dollars and is projected to reach 100 billion U.S. dollars by 2024. The revenue earned through the global prescribed generics market made up roughly nine percent of the total prescribed revenue in 2018. Branded prescription medication generally generates the highest revenue: in the U.S., branded drug revenue amounted to some 380 billion U.S. dollars in 2018.

Generic brands

A generic of a brand name drug lacks a widely recognized name. As a result, it tends to make them a cheaper alternative to the brand-name goods, as they are not usually advertised. Interestingly, generic drugs are sometimes created by the same manufacturers that create branded drugs.

Top generics manufacturers based on revenue in 2018 (in billion U.S. dollars)*

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Sources

Release date

April 2019

Region

Worldwide

Survey time period

2018

Supplementary notes

* Ranking by generic drug sales.

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Statistics on "Generics and biosimilars"

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