Germany has the 2 nd most companies on this list of the largest pharmaceutical companies in the world by revenue. Here is a breakdown of the top five pharmacutical distributors and pharmacy benefit managers. Its women's health portfolio includes ParaGard, Plan B One-Step OTC/Rx (levonorgestrel) and Zoely. Additionally, its specialty pharmaceutical business is conducted by Mylan Specialty L.P. (Mylan Specialty). 12 spot on the Fortune 500. The organization also provides drugs to suppress recurrence of ischemic cerebrovascular disorder, lower cholesterol, and avert organ transplant rejection (kidney, liver, heart, lung, pancreas, and small intestine). All Rights Reserved. Top 10 Largest Generic Drug Companies in the USA 2019, US generic drug market size is projected to reach US$ 190.4 Billion by 2024, https://www.imarcgroup.com/us-generics-market/requestsample, World’s largest food event to generate record trade in Feb, Indian Dairy Firms Now Look to Sell Protein Supplements Added Milk, The Business of Health Care December 2016. Initially, … With 71,000 employees worldwide, the company is well known for its contributions to diabetes and cancer care. It operates its business in two segments: generic medicines wherein generic pharmaceutical products in several dosage forms including tablets, capsules, injectables, inhalants, liquids, ointments and creams are manufactured and sold; and specialty medicines that deliver solutions to patients and providers via medicines, devices and services. US Generic Injectables Market Report an Forecast 2019, Canada Generic Drug Market Report an Forecast 2019. Teva Pharmaceutical Industries Limited (Teva) is a global pharmaceutical and drug company. https://www.zippia.com/advice/10-biggest-pharmaceutical-companies-us : https://www.imarcgroup.com/us-generics-market/requestsample. It also offers products for therapeutic areas that include pain management in the areas of postherpetic neuralgia, osteoarthritis, migraine, and chronic pain; urology and oncology for non-muscle invasive bladder and prostate cancer; and endocrinology for central precocious puberty and hypogonadism. Dr. Reddy’s Laboratories Limited functions as an integrated pharmaceutical company around the world. 6 spot on the Fortune 500, this pharmaceutical distributor saw revenues of $198.5 billion and an overall profit of $5.01 billion in fiscal year 2017. Some of … Mylan N.V., formerly known as Mylan Inc., is a pharmaceutical firm that licenses, manufactures, markets and distributes generic, branded generic and specialty pharmaceuticals. Moreover, its main respiratory medications include ProAir hydrofluoroalkane, QVAR and Duoresp Spiromax. According to the US generic drug market report by IMARC Group, the market reached a value of US$ 103.8 Billion in 2018, registering a CAGR of 12.1% during 2011-2018. Lupin Pharmaceuticals, Inc., based in Baltimore (Maryland), was founded in 2003. Generic drugs are bioequivalent to branded medications in terms of their strength, dosage, quality, form, intended use, side effects, route of administration and pharmacological effect. They are gaining popularity in the United States as they are relatively cost-effective and do not require extensive investment in research, testing and advertising. Amongst these, the Par Pharmaceutical segment markets generic products under Par Pharmaceutical brand name and sterile products under the Par Sterile brand. Interested in LINKING to or REPRINTING this content? Apart from this, the Government is promoting the adopting of generic drugs to minimize the expenditure on the healthcare system. 3. List of top 50 best pharmaceutical companies in the USA ! It provides specialty injectable pharmaceuticals, which include approximately 200 injectable generic drugs in multiple dosages and formulations; and proprietary specialty injectables, such as Precedex, a proprietary drug for sedation. Hospira, Inc. offers injectable drugs and infusion technologies to develop, manufacture, distribute, and market products worldwide. It is currently a part of Teva Pharmaceuticals. 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