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The following table lists the largest biotechnology and pharmaceutical companies ranked by revenue in billion USD. The change column indicates the company's relative position in this list compared to its relative position in the preceding year; i.e., an increase would be moving closer to rank 1 and vice versa.
According to Steven Novella, the use of terminology such as Big Pharma has come to connote a demonized form of the pharmaceutical industry, described in an emotional fashion, which exists disconnected from the real-life complexity of business history. [5]
In 2011, global spending on prescription drugs topped $954 billion, even as growth slowed somewhat in Europe and North America. The United States accounts for more than a third of the global pharmaceutical market, with $340 billion in annual sales followed by the EU and Japan. [95]
Big Pharma: Why the drug industry faces a 3-front battle with the FTC, Medicare, and the White House. Anjalee Khemlani. December 14, 2023 at 10:04 AM.
The first "drugstores" in North America "appeared in Bethlehem, Pennsylvania, Boston, New York, and Philadelphia," [11] with likely proto-drugstores—for example Gysbert van Imbroch ran a "general store" that sold drugs from 1663 to 1665 in Wildwyck, New Netherland, [12] today's Kingston, New York—preceding the dedicated apothecary shops of the 1700s, and providing a model.
Rank Brand Name(s) Generic Name Sales Q1 2014 Sales ($000) Change from Q4 2013 Company(ies) Disease/Medical Use First Approval Date Patent Expiration Date [6] [7]; 1: Abilify
But in America’s $586 billion biopharmaceutical industry, Kry’s arrest created a crisis: It effectively halted the import of Cambodian long-tailed macaques, which had made up some 60% of the ...
The Centers for Medicare and Medicaid Services (CMS) released its first-ever negotiated drug price list Thursday morning to a muted response on Wall Street. But industry and government officials ...