Medicine companies play a key role in health care sector, manufacturing various types of medicines and drugs, including the life saving ones. There are a large number of medicine companies around the world, engaged in manufacture of a broad range of pharmaceuticals. The best of these are located in the US, UK, France and Switzerland.
Here is a list of top 10 best medicine companies in the world:
One of the top medicine companies in the world is US based McKesson, which was established in 1833 and has its head office in San Francisco. The company deals in distribution of pharmaceuticals to hospitals and retailers, besides providing business and software solutions to them. It had assets worth $ 36.5 billion and market capitalization of $ 40.51 billion, as in 2014, besides profit of $ 1.2 billion in 2013.
9. Abbot Laboratories
Another US based company to make it on this list is Abbot Laboratories, which was founded in 1888 and is headquartered in Abbot Park, Illinois. The company provides a wide range of products divided into five segments. It registered a whopping asset value of $ 43 billion and market capitalization of $ 59.4 billion in 2014, in addition to $ 2.6 billion as profit.
8. Eli Lilly & Co
Eli Lilly & Co, a premier manufacturer and supplier of pharmaceuticals based in Indianapolis, comes next on this list. This company was established in 1876 and has assets worth $ 35.2 billion and market capitalization of $ 65.86 billion in 2014. Its profit in 2013 was $ 4.7 billion.
The UK-based medicine company, AstraZeneca comes next among best medicine companies in the world. It was founded in 1999 and is head quartered in London. As in 2014, its asset value was $ 55.9 billion and market capitalization was $ 82.32 billion, while its profit in 2013 was $ 2.6 billion.
Another UK based company which is regarded among the best is GlaxoSmithKline, which was established in 1999 and has its head office in Brentford. It operates in three main segments, namely pharmaceuticals, consumer healthcare and vaccines. The asset value of the company in 2014 was estimated as $ 69.7 billion, while its market capitalization was $ 128.8 billion. It registered a profit of $ 8.5 billion in 2013.