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Leading global pharmaceutical products and respective revenues 2024

Published by Matej Mikulic, Mar 10, 2020
Keytruda, a pharmaceutical product owned by Merck & Co, is forecast to generate some 17 billion U.S. dollars in revenue in 2024. Other pharmaceutical products, such as Humira, Eliquis, and Opdivo, are also expected to do well that year.

Biotech companies

In 2019, Amgen was the world’s top pure play biotech company, based on market capitalization. The American company had a total market cap of almost 130 billion U.S. dollars that year. In terms of R&D expenditure, the Swiss company, by the name of Roche, led the 2018 rankings, spending over 11 billion U.S. dollars. Celgene and Gilead Sciences stood in second and third place respectively and spent a total of just under 11 billion U.S. dollars on research and development combined that year.

Gilead Sciences

Gilead Sciences, which is headquartered in California, United States, generated over 22 billion U.S. dollars of revenue in 2018. Gilead Sciences’ top product was Genvoya, which made about 21 percent of the company’s total revenue in 2018. Genvoya is a prescription medicine used to treat HIV-1.

Projected top 10 global pharmaceutical products by revenue in 2024 (in million U.S. dollars)

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Release date

June 2019

Region

Worldwide

Survey time period

as of May 2019

Supplementary notes

Sales represent company reported sales where available, otherwise based on an average of equity analyst estimates.

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