In 2022, Biogen generated almost 350 thousand U.S. dollars’ worth of net profit per employee, which ranked the company second among the global top 15 pharmaceutical companies. Net profit per employee data can be used as an indicator to gauge how profitable a company (or industry) is.
Biogen
Biogen is a biotechnology & pharmaceutical company, based in Massachusetts, United States, specialized in developing medical solutions for neurological and neurodegenerative diseases. In 2022, Biogen had an average of over 8,700 people employed.
Pharmaceutical giants
Today, some of the largest corporations in the pharma industry include Johnson & Johnson, Novartis, Pfizer, and Roche, to name a few. Based on market capitalization worldwide, Eli Lilly led the list as of October 2023, with a market cap of roughly 500 billion U.S. dollars. In terms of 2022 prescription sales numbers, Roche stood in sixth place with about 48 billion U.S. dollars, while placed first in the R&D rankings, spending almost 15 billion dollars on research and development.
Net profit per employee of global top pharmaceutical companies in 2022
(in 1,000 U.S. dollars)
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Pharmaceutical Executive. (November 14, 2023). Net profit per employee of global top pharmaceutical companies in 2022 (in 1,000 U.S. dollars) [Graph]. In Statista. Retrieved November 05, 2024, from https://www.statista.com/statistics/473584/top-global-pharmaceutical-companies-net-profit-per-employee/
Pharmaceutical Executive. "Net profit per employee of global top pharmaceutical companies in 2022 (in 1,000 U.S. dollars)." Chart. November 14, 2023. Statista. Accessed November 05, 2024. https://www.statista.com/statistics/473584/top-global-pharmaceutical-companies-net-profit-per-employee/
Pharmaceutical Executive. (2023). Net profit per employee of global top pharmaceutical companies in 2022 (in 1,000 U.S. dollars). Statista. Statista Inc.. Accessed: November 05, 2024. https://www.statista.com/statistics/473584/top-global-pharmaceutical-companies-net-profit-per-employee/
Pharmaceutical Executive. "Net Profit per Employee of Global Top Pharmaceutical Companies in 2022 (in 1,000 U.S. Dollars)." Statista, Statista Inc., 14 Nov 2023, https://www.statista.com/statistics/473584/top-global-pharmaceutical-companies-net-profit-per-employee/
Pharmaceutical Executive, Net profit per employee of global top pharmaceutical companies in 2022 (in 1,000 U.S. dollars) Statista, https://www.statista.com/statistics/473584/top-global-pharmaceutical-companies-net-profit-per-employee/ (last visited November 05, 2024)
Net profit per employee of global top pharmaceutical companies in 2022 (in 1,000 U.S. dollars) [Graph], Pharmaceutical Executive, November 14, 2023. [Online]. Available: https://www.statista.com/statistics/473584/top-global-pharmaceutical-companies-net-profit-per-employee/