Top 10 Pharmaceutical Companies in the World in 2022 by Market Capitalization

Johnson & Johnson, Eli Lilly and Co, AbbVie Inc, Novo Nordisk AS, and Merck & Co Inc are the top 5 pharmaceutical companies in the world in 2023 by market cap (as of Mar 31, 2023). Comprehensively, the top 10 pharma companies in the world in 2022 had a market cap of $ 2,591,949 million (as of Mar 31, 2023), with Johnson & Johnson Ltd having the highest ($402,750 million), followed by Eli Lilly and Co ($327,055 million), and AbbVie Inc ($281,151 million), while Bristol-Myers Squibb Co has the lowest ($145,780 million). The US-based Johnson & Johnson is the leading pharma company in the world by market capitalization. The company reported revenues of $94,943 million for the fiscal year ended January 2022 (FY2022), an increase of 1.2% over FY2021. The Company research, develops, manufactures, and sells pharmaceutical products, medical devices, and consumer products. The company conducts its business through more than 260 subsidiaries and 85 manufacturing facilities in over 60 countries globally and employs 152,700 people. Novartis AG (Novartis) is another leading pharma company in the world by market capitalization. The company reported revenues of $51,742 million for the fiscal year ended December 2022 (FY2022), a decrease of 2.1% over FY2021. The company focuses on the discovery, development, manufacturing, and marketing of prescription and generic pharmaceutical products and eye care products. Novartis conducts research in various disease areas through The Novartis Institutes for BioMedical Research (NIBR). The company operates through a network of subsidiaries and offices across the Americas, Europe, the Middle East, Africa, and Asia-Pacific. It employs 101,703 people.