In terms of revenue generated on the U.S. market, U.S. company AbbVie was the leading pharmaceutical company in 2022. The company generated nearly 46 billion dollars from pharmaceutical sales in the U.S. during that year, which is a new record high. A large part of this amount is generated by blockbuster drug Humira.
U.S. market is key for Pfizer
Pharmaceutical firm Pfizer has seen its revenue in the United States increase in 2022, mostly pushed through sales of its COVID-19 vaccine. Pfizer has generated worldwide revenues of over 100 billion U.S. dollars in 2022. The majority of its revenue comes from the manufacture and sale of biopharmaceutical products. Prevnar 13 – a vaccine that helps protect against pneumococcal bacteria – was the among the best-selling products in the company’s range in 2022.
Pfizer’s business segments
In 2019, Pfizer reorganized its operating structure into three business segments: biopharma, Upjohn, and consumer healthcare. But only one year later, the Upjohn business spun-off and merged with Mylan to form a new company called Viatris. Thus, in fact, only the biopharma business remained, comprising of six key therapeutic areas, including vaccines, oncology, and internal medicine. Already back in 2019, Pfizer’s consumer healthcare business was combined with the respective business of GlaxoSmithKline (GSK), and the new joint venture began operating globally as GSK Consumer Healthcare.
Leading 10 pharmaceutical companies by U.S. revenue in 2022
(in billion U.S. dollars)
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Statista. (July 27, 2023). Leading 10 pharmaceutical companies by U.S. revenue in 2022 (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 03, 2024, from https://www.statista.com/statistics/233971/top-25-pharmaceutical-corporations-by-us-sales/
Statista. "Leading 10 pharmaceutical companies by U.S. revenue in 2022 (in billion U.S. dollars)." Chart. July 27, 2023. Statista. Accessed July 03, 2024. https://www.statista.com/statistics/233971/top-25-pharmaceutical-corporations-by-us-sales/
Statista. (2023). Leading 10 pharmaceutical companies by U.S. revenue in 2022 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 03, 2024. https://www.statista.com/statistics/233971/top-25-pharmaceutical-corporations-by-us-sales/
Statista. "Leading 10 Pharmaceutical Companies by U.S. Revenue in 2022 (in Billion U.S. Dollars)." Statista, Statista Inc., 27 Jul 2023, https://www.statista.com/statistics/233971/top-25-pharmaceutical-corporations-by-us-sales/
Statista, Leading 10 pharmaceutical companies by U.S. revenue in 2022 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/233971/top-25-pharmaceutical-corporations-by-us-sales/ (last visited July 03, 2024)
Leading 10 pharmaceutical companies by U.S. revenue in 2022 (in billion U.S. dollars) [Graph], Statista, July 27, 2023. [Online]. Available: https://www.statista.com/statistics/233971/top-25-pharmaceutical-corporations-by-us-sales/