Prominent pharmaceutical companies are renowned for their commitment toward innovation, and they spend heavily on R&D. Here is the list of top 20 pharmaceutical companies in the world investing the largest sums in R&D in the fiscal year 2015-16:

Best Pharma based on R&D investment

  1. Novartis

This Swiss multinational company is based in Basel, Switzerland. It is one of the largest pharma companies in terms of market sales, and spent $11.2 billion in R&D in 2015-16 fiscal year.

  1. Roche

Roche is a Swiss multinational healthcare company that has two divisions: pharmaceuticals and diagnostics. The company invested $10.7 billion in R&D in 2015-16.

  1. Johnson & Johnson

Johnson & Johnson is an American multinational pharmaceutical, medical devices, and consumer packaged goods manufacturer. It spent $10.3 billion last fiscal year in R&D.

  1. Pfizer

This international American pharmaceutical company is headquartered in New York. Its R&D spending reached $8.78 billion in 2015-16.

  1. Merck 

Merck is one of the largest pharmaceutical companies in the world, which is currently operating in more than 140 countries. Its headquarter is in New Jersey, United States. In fiscal year 2015-16, the company spent $8.03 billion in R&D.

  1. Bristol-Myers Squibb

This American pharmaceutical company spent $6.59 billion in R&D in the last fiscal year. The company is headquartered in New York.

  1. Sanofi

This French multinational pharmaceutical company is headquartered in Gentilly, France. The company spent $6.54 billion in R&D in the fiscal year 2015-16.

  1. AstraZeneca

AstraZeneca is a global biopharmaceutical company headquartered in London, United Kingdom. Its R&D spending reached $6.50 billion in 2015-16.

  1. Bayer

Bayer is a German pharmaceutical and life science company which is headquartered in the city of Leverkusen. It spent $5.53 billion in R&D in the last fiscal year.

  1. GlaxoSmithKline

GlaxoSmithKline is a British pharmaceutical company with a mission to help people feel better and live longer. The company’s R&D spending reached $5.25 billion in 2015-16 fiscal year.

In addition to these, here is the list of next top pharmaceutical companies that invested heavily in the last fiscal year:

  1. Abbvie ($4.86 billion)
  2. Eli Lilly ($4.56 billion)
  3. Amgen ($4.51 billion)
  4. Celgene ($4.23 billion)
  5. Boehringer Ingelheim ($3.74 billion)
  6. Gilead Science ($2.77 billion) 
  7. Takeda ($3.29 billion)
  8. Allergan ($3.06 billion)
  9. Biogen($2.30 billion)
  10. Novo Nordisk ($2.17 billion)

Reference

EU Scoreboard 2016 (World 2500)

Luca Dezzani – IgeaHub Pharma Blog

Advertisements

One thought on “Top 20 Pharma Companies based on R&D Investments in 2015-16

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s