Pharmaceutical sector is one of the most important sectors as it not only generates revenue and contributes to economy but also works on the betterment of the race, eradication of diseases and overall welfare. The top pharmaceuticals companies include likes of Johnson & Johnson, Novartis, Roche along with brands like Pfizer, Merck, Sanofi, GSK. AstraZeneca and Bayer complete the list. Here is the list of Top 10 Pharmaceutical Companies in the World 2016.
AstraZeneca is a British-Swedish global biopharmaceutical company founded in 1999 and headquartered in London, UK.
AstraZeneca has an employee count of over 50000 and MedImmune is a subsidiary of AstraZeneca. AstraZeneca was featured #455 in the Global Fortune 500 Companies list.
Annual revenue of $24.708 billion, R & D expenditure of $5.997 billion and a basic EPS of $2.23 made AstraZeneca helped AstraZeneca feature in the top 10 global pharmaceutical companies list.
The core business areas of AstraZeneca are classified into (a) Respiratory, Inflammation and Autoimmunity, contributing to 20.2% of annual revenue, 2015 (b) Oncology and Metabolic diseases, contributing to 38.4% of annual revenue, 2015 (c) Oncology, contributing to 11.4% of annual revenue, 2015 and (d) Infection, Neuroscience, and Gastrointestinal, contributing to 25.7% of annual revenue, 2015. New Oncology drugs like Lyparza, Iressa and Tagrisso were introduced in 2015, as well, adding to the revenue.
AstraZeneca continuously works on bringing innovative healthcare solutions to the market and an instance that showcases it is the passing of the biological drug named Benralizumab for people suffering from severe asthma in the final stages of clinical trials. This drug will actually bring a difference to the patients as it treats the root cause of the illness and not the symptoms.