List of largest biomedical companies by market capitalization

The following is a list of independent pharmaceutical, biotechnology and medical companies listed on a stock exchange (as indicated) with current market capitalization of at least US$10 billion, ranked by their market capitalization.

It does not include biotechnology companies that are currently owned by, or form a part of, larger pharmaceutical groups.

Ranking by market capitalization

The following table lists the largest biotechnology and pharmaceutical companies ranked by market capitalization in billion US dollars. The change column indicates the company's relative position in this list compared to their relative position in the preceding year; i.e., an increase would be moving closer to rank 1 and vice versa.

Rank	Chg	Company	Country	Traded on	Largest	2020<ref>"Symbol Lookup from Yahoo Finance". finance.yahoo.com. Retrieved 2020-12-23.</ref>	2019	2018	2017	2016<ref>"Healthcare – Google Finance".</ref><ref>"Healthcare – Google Finance".</ref>	2015<ref>"The World's Biggest Public Companies". Forbes.</ref>	2014<ref>"• Top biotech and pharmaceutical companies market value 2015 - Statistic". Statista.</ref>	2013
1	Template:Steady	Johnson & JohnsonTemplate:Ref label	USA	Template:NYSE	399.9 (Dec 2020)	399.99	385.0	346.1	375.4	314.1	284.2	277.8	258.3
2	Template:Increase1	RocheTemplate:Ref label	SUI	Template:SWX	291.1 (Dec 2020)	291.12	281.1	209.3	216.7	192.1	234.7	258.5	240.3
3	Template:Increase2	PfizerTemplate:Ref label	USA	Template:NYSE	310.5 (Jul 2000)	208.11	216.7	259.7	215.9	196.3	199.3	205.4	196.0
4	Template:Decrease1	NovartisTemplate:Ref label	SUI	Template:NYSE	275.2 (Jul 2015)	202.09	240.0	200.0	196.7	170.5	206.1	229.8	195.0
5	Template:Decrease1	Merck & Co.Template:Ref label	USA	Template:NYSE	232.9 (Dec 2019)	201.80	232.9	205.8	153.3	164.3	147.6	166.9	146.5
6		ModernaTemplate:Ref label	USA	Template:NSE[1]	201 (Sep 2021)	68.5	45.0						-
7	Template:Steady	Abbott LaboratoriesTemplate:Ref label	USA	Template:NYSE	190.4 (Dec 2020)	190.44	153.5	126.8	99.3	56.4	67.0	67.9	59.3
8	Template:Increase2	AbbVieTemplate:Ref label	USA	Template:NYSE	196.2 (Jan 2018)	182.27	130.9	146.3	154.4	100.2	96.8	104.1	83.8
9	Template:Steady	Novo NordiskTemplate:Ref label	DEN	Template:NYSE	161.9 (Dec 2020)	161.99	137.1	111.9	131.2	92.6	153.9	125.4	-
10	Template:Increase2	Eli Lilly & CoTemplate:Ref label	USA	Template:NYSE	158.3 (Dec 2020)	158.30	126.9	125.6	93.0	80.9	93.4	76.6	57.0
11	Template:Increase3	Bristol-Myers SquibbTemplate:Ref label	USA	Template:NASDAQ	137.8 (Dec 2020)	137.85	105.0	85.0	100.3	98.2	114.8	97.6	87.2
12	Template:Decrease4	AmgenTemplate:Ref label	USA	Template:NASDAQ	145.8 (Dec 2019)	129.79	144.6	128.8	126.2	108.9	122.5	93.1	78.7
13	Template:Decrease2	AstraZenecaTemplate:Ref label	GBR  SWE	Template:LSE	130.8 (Dec 2019)	129.44	130.8	96.2	87.9	68.8	85.8	88.9	74.6
14	Template:Increase4	SanofiTemplate:Ref label	FRA	Template:NYSE	151.3 (Sep 2014)	120.66	63.5	108.4	108.2	101.8	111.8	138.1	142.0
15	Template:Decrease2	GlaxoSmithKlineTemplate:Ref label	GBR	Template:LSE	174.9 (May 2006)	90.15	117.2	94.8	87.9	93.3	97.6	128.9	129.6
16	Template:Increase1	Stryker CorporationTemplate:Ref label	USA	Template:NYSE	88.8 (Dec 2020)	88.81	78.5	58.6	58.0	45.1	34.7	35.7	28.4
17	Template:Increase2	ZoetisTemplate:Ref label	USA	Template:NASDAQ	76.6 (Aug 2020)	75.97	63.2	41.4	35.1	26.4	23.8	21.6	16.3
18	Template:Decrease3	Gilead SciencesTemplate:Ref label	USA	Template:NASDAQ	179.6 (Jun 2013)	71.93	82.3	81.6	93.6	96.6	145.8	109.0	78.4
19	Template:Increase6	Daiichi SankyoTemplate:Ref label	JPN	Template:NASDAQ	45.3 (Dec 2019)	63.92	45.3	22.7	27.5	35.3	38.8	33.2	28.7
20	Template:Increase1	Vertex PharmaceuticalsTemplate:Ref label	USA	Template:NASDAQ	78.9 (Jul 2020)	61.33	56.3	42.2	37.9	18.3	31.0	28.7	17.4
21	Template:Decrease4	BayerTemplate:Ref label	GER	Template:FWB	129.0 (Mar 2015)	58.12	80.1	63.1	101.9	85.3	103.2	113.2	117.4
22	Template:Decrease2	Takeda PharmaceuticalTemplate:Ref label	JPN	Template:NASDAQ	61.5 (Dec 2019)	56.78	61.5	52.9	40.2	45.6	47.8	37.5	34.3
23	Template:Increase1	IlluminaTemplate:Ref label	USA	Template:NASDAQ	56.0 (Jul 2019)	53.51	48.2	44.1	40.2	39.4	35.4	28.6	25.7
24	Template:Increase2	Regeneron PharmaceuticalsTemplate:Ref label	USA	Template:NASDAQ	61.4 (Aug 2015)	52.52	41.2	40.3	40.4	39.3	56.5	42.0	27.4
25	Template:Decrease3	BiogenTemplate:Ref label	USA	Template:NASDAQ	111.7 (Mar 2015)	38.66	54.7	63.5	67.4	61.6	68.3	79.7	66.1
26	Template:Increase2	Alexion PharmaceuticalsTemplate:Ref label	USA	Template:NASDAQ	47.0 (Jul 2015)	33.52	24.3	21.7	26.7	27.4	43.1	36.7	26.0
27	Template:Increase3	SeagenTemplate:Ref label	USA	Template:NASDAQ	38.2 (Oct 2020)	34.44	19.5	13.8
28	Template:Decrease1	AstellasTemplate:Ref label	JPN	Template:TYO	40.6 (Dec 2015)	27.52	32.7	23.8	29.3	25.7	40.6	35.8	27.6
29	Template:Increase4	GenmabTemplate:Ref label	DEN	Template:NASDAQ	25.9 (Nov 2020)	25.53	14.5	10.6	10.8	10.8	8.8	3.8	2.6
30	Template:Decrease1	Eisai PharmaceuticalTemplate:Ref label	JPN	Template:TYO	37.3 (Dec 2016)	19.93	21.5	23.0	24.5	37.3	28.8	30.2	28.7
31		Alnylam Pharmaceuticals Template:Ref label	USA	Template:NSE<ref>"ALNY Stock Price | Alnylam Pharmaceuticals Inc. Stock Quote (U.S.: Nasdaq)".</ref>	23.36	18.5	24.0	21.0	16.0				-
32	Template:Steady	IncyteTemplate:Ref label	USA	Template:NSE	31.2 (Mar 2017)	19.25	18.8	13.5	18.3	15.4	10.6	7.3	4.6
33	Template:Steady	BioMarinTemplate:Ref label	USA	Template:NSE	24.0 (Jul 2015)	16.03	15.2	15.1	18.3	20.4	13.8	12.9	10.8
34	Template:Increase	BeiGene Template:Ref label	CHN	Template:SHA	33.14 (Nov 2021)	34.20	27.00	26.00	24.03	10.28	8.33	4.45	1.20
35	Template:Decrease1	BioNTechTemplate:Ref label	GER	Template:NSE	44.07	62.52	19.62	7.68					-
36	Template:Increase1	Horizon TherapeuticsTemplate:Ref label	USA	Template:NSE	18.06 (Dec 2020)	14.2	11.6	9.3	5.0	6.5	2.8	2.0	-
37	Template:Increase1	10x Genomics<ref>"10x Genomics, Inc. (TXG) Stock Price, News, Quote & History - Yahoo Finance".</ref>Template:Ref label	USA	Template:NSE	17.54	11.2							-
38	Template:Decrease1	Jiangsu Hengrui MedicineTemplate:Ref label	CHN	Template:SHA	41.17	59.98	93.42	60.85	30.53	30.54	16.79	15.10	-
39	Template:Increase1	ElancoTemplate:Ref label	USA	Template:NYSE	13.06 (Nov 2020)	11.2							-
40	Template:Decrease1	CelltrionTemplate:Ref label	ROK	Template:KRX	23.03 (2021)	40.90	19.22						-
41	Template:Increase1	ViatrisTemplate:Ref label	USA	Template:NSE	18.50 (Dec 2021)								-
42	Template:Increase1	Sun PharmaTemplate:Ref label	IND	Template:NSE	27.15 (2021)	19.01							-
43	Template:Increase1	Divi's LaboratoriesTemplate:Ref label	IND	Template:NSE	15.29 (Nov 2021)								-
44	Template:Decrease1	Dr. Reddy's LaboratoriesTemplate:Ref label	IND	Template:NSE	10.94 (2021)	11.75							-
45	Template:Increase1	CiplaTemplate:Ref label	IND	Template:NSE	10.21 (Dec 2021)	10.19							-

• ^B – Biotechnology company
• ^P – Pharmaceutical company

See also

• List of largest biomedical companies by revenue