Unlike its Scandinavian neighbors, the key players in the Norwegian pharmaceutical market are not domestic companies, but rather branches of major international giants in the sector. In 2021, the leading pharmaceutical company in Norway, in terms of revenue, was Sandoz AS. The company generated revenues of some 2.02 billion Norwegian kroner, and had a market share of 6.4 percent.
Pharmaceutical sales
The value of pharmaceutical sales in Norway in 2020 was nearly 30 billion Norwegian kroner. The largest part of the pharmaceutical sales came from prescription pharmaceuticals. In particular, the group of pharmaceuticals that generated the largest turnover in 2020 were drugs for dieabtes treatment, which generated revenues of around 1.4 billion Norwegian kroner.
Nonprescription pharmaceuticals
The total revenue generated from nonprescription pharmaceuticals in Norway reached a value of around 1.8 billion Norwegian kroner, after several years of increasing turnover. That year, the leading nonprescription pharmaceutical company in Norway, by market share, was GSK Consumer Health, with a market share of nearly 22 percent. It was followed by Karo Pharma AS, with a market share of 16 percent.
Leading pharmaceutical companies in Norway in 2021, by revenue
(in million NOK)
Characteristic
Revenue in million NOK
Sandoz AS
2,019
Pfizer AS
1,700
Novartis Norge AS
1,662
MSD (Norge) AS
1,304
Bristol-Myers Squibb
1,169
GlaxoSmithKleine AS
1,121
Takeda AS
1,110
Novo Nordisk
1,094
Janssen-Cilag AS
1,000
Sanofi
823
Teva Norway
765
Bayer AS
762
Roche Norge AS
690
Created with Highcharts 7.2.2Revenue in million NOK2,0192,0191,7001,7001,6621,6621,3041,3041,1691,1691,1211,1211,1101,1101,0941,0941,0001,000823823765765762762690690689689625625Sandoz ASPfizer ASNovartis Norge ASMSD (Norge) ASBristol-Myers SquibbGlaxoSmithKleine ASTakeda ASNovo NordiskJanssen-Cilag ASSanofiTeva NorwayBayer ASRoche Norge ASBiogen Norway ASFresenius Kabi Norge
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Legemiddelindustrien. (March 14, 2022). Leading pharmaceutical companies in Norway in 2021, by revenue (in million NOK) [Graph]. In Statista. Retrieved February 23, 2025, from https://www.statista.com/statistics/945419/leading-pharmaceutical-companies-in-norway-by-turnover/
Legemiddelindustrien. "Leading pharmaceutical companies in Norway in 2021, by revenue (in million NOK) ." Chart. March 14, 2022. Statista. Accessed February 23, 2025. https://www.statista.com/statistics/945419/leading-pharmaceutical-companies-in-norway-by-turnover/
Legemiddelindustrien. (2022). Leading pharmaceutical companies in Norway in 2021, by revenue (in million NOK) . Statista. Statista Inc.. Accessed: February 23, 2025. https://www.statista.com/statistics/945419/leading-pharmaceutical-companies-in-norway-by-turnover/
Legemiddelindustrien. "Leading Pharmaceutical Companies in Norway in 2021, by Revenue (in Million Nok) ." Statista, Statista Inc., 14 Mar 2022, https://www.statista.com/statistics/945419/leading-pharmaceutical-companies-in-norway-by-turnover/
Legemiddelindustrien, Leading pharmaceutical companies in Norway in 2021, by revenue (in million NOK) Statista, https://www.statista.com/statistics/945419/leading-pharmaceutical-companies-in-norway-by-turnover/ (last visited February 23, 2025)
Leading pharmaceutical companies in Norway in 2021, by revenue (in million NOK) [Graph], Legemiddelindustrien, March 14, 2022. [Online]. Available: https://www.statista.com/statistics/945419/leading-pharmaceutical-companies-in-norway-by-turnover/
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