[Ranking] TOP 25 Drug Stores / Pharmaceuticals Companies Q3/2023
Intro
The drug store industry plays a critical role in the worldwide economy, providing essential medications and health products to millions of people around the globe. With the parent industry of Pharmaceuticals, drug stores are an integral part of the healthcare system, ensuring access to necessary treatments and maintaining the well-being of individuals.
The influence of the drug store industry extends far beyond its immediate impact on healthcare. It has ripple effects across diverse sectors, including manufacturing, distribution, and research. As drug stores continue to grow and evolve, their impact on the economy and society as a whole becomes increasingly profound.
In terms of economic magnitude, the drug store industry is experiencing an upward trajectory. With the increasing demand for medications and health-related products, drug stores have seen significant growth in recent years. This growth is expected to continue, driven by factors such as an aging population, advancements in pharmaceuticals, and the expansion of healthcare services.
Recent trends in the drug store industry have been shaped by various breakthroughs and obstacles. The rise of online pharmacies and e-commerce has transformed the way people access medications and health products. Additionally, the industry has faced challenges such as rising drug prices and regulatory changes, which have necessitated adaptation and innovation.
The drug store industry is characterized by its ever-changing landscape, driven by technological advancements, shifting consumer preferences, and evolving healthcare policies. This dynamic environment sets the context for the exploration of the leading companies within the industry, as they navigate these complexities and strive to meet the needs of an increasingly diverse and demanding customer base.
Ranking
#25 Mitsubishi Tanabe Pharma Corporation
Employees: 4.3K
Revenue: 1.1B$
Website: https://www.mt-pharma.co.jp/
Description: Mitsubishi Tanabe Pharma Corporation is a pharmaceutical company headquartered in Osaka, Japan. Founded in 1678, the company operates in the Pharmaceuticals industry, specifically in the Drug Stores sector. With approximately 4.3 thousand employees, Mitsubishi Tanabe Pharma Corporation focuses on developing and manufacturing innovative pharmaceutical products. The company aims to contribute to the health and well-being of people around the world through its wide range of prescription drugs, over-the-counter medications, and medical devices. Mitsubishi Tanabe Pharma Corporation has a strong presence in the Japanese market and continues to expand its global reach, delivering high-quality healthcare solutions to patients worldwide.
#24 Endo International Plc
Employees: 2.8K
Revenue: 1.2B$
Website: https://www.endo.com
Description: Endo International Plc, headquartered in Dublin, Ireland, is a pharmaceutical company operating in the Drug Stores industry. Founded in 1920, the company has approximately 2,800 employees. With a revenue of 1.2 billion dollars, Endo International Plc is actively involved in the research, development, and manufacturing of various pharmaceutical products. The company operates in the pharmaceuticals sector, primarily focusing on drug stores. Endo International Plc is committed to delivering innovative solutions to meet the healthcare needs of patients worldwide, with a strong emphasis on quality, accessibility, and affordability.
#23 Mallinckrodt Plc
Employees: 9.2K
Revenue: 2.5B$
Website: https://www.mallinckrodt.com
Description: Mallinckrodt Plc, headquartered in Hazelwood, United States, is a leading pharmaceutical company operating in the Drug Stores industry. With a rich history dating back to 1867, Mallinckrodt has established itself as a trusted provider of innovative healthcare solutions. The company employs approximately 9.2 thousand employees worldwide and generates annual revenue of around 2.5 billion dollars. Mallinckrodt specializes in the research, development, and manufacturing of pharmaceutical products, including generic drugs, specialty pharmaceuticals, and active pharmaceutical ingredients. With a strong focus on quality and patient care, Mallinckrodt continues to make significant contributions to the pharmaceutical industry.
#22 Alexion Pharmaceuticals, Inc.
Employees: 3.1K
Revenue: 4.6B$
Website: https://www.alexion.com
Description: Alexion Pharmaceuticals, Inc., headquartered in Boston, United States, is a leading pharmaceutical company operating in the Drug Stores industry. Founded in 1992, Alexion Pharmaceuticals specializes in the development and commercialization of innovative therapies for rare diseases. With a workforce of approximately 3.1K employees, the company is dedicated to transforming the lives of patients by providing life-changing treatments. Alexion Pharmaceuticals generates an impressive annual revenue of 4.6B$, firmly establishing its position as a key player in the pharmaceutical industry. Through its commitment to research, development, and collaboration, the company continues to advance medical breakthroughs and improve patient care.
#21 Perrigo Company Plc
Employees: 10.1K
Revenue: 4.9B$
Website: https://www.perrigo.com
Description: Perrigo Company Plc is a leading global healthcare supplier that operates in the Drug Stores industry. Headquartered in Dublin, Ireland, Perrigo has a long history dating back to its founding in 1887. With over 10,000 employees worldwide, the company is dedicated to providing high-quality, affordable healthcare products to consumers. Perrigo's revenue reached 4.9 billion dollars, solidifying its position as a major player in the industry. The company's diverse portfolio includes over-the-counter medications, self-care products, and nutritional supplements, offering a wide range of options for consumers. Perrigo's commitment to innovation and customer satisfaction has made it a trusted name in the pharmaceuticals industry.
#20 Mylan N.V.
Employees: 10.0K
Revenue: 10.0B$
Website: https://www.mylan.com
Description: Mylan N.V., headquartered in Canonsburg, United States, is a prominent player in the Drug Stores industry. Founded in 1961, the company has a workforce of around 10.0 thousand employees. With annual revenues of approximately 10.0 billion dollars, Mylan N.V. operates in the Pharmaceuticals sector, specifically in drug stores. The company is actively involved in the manufacturing, distribution, and sale of a wide range of pharmaceutical products, catering to the needs of consumers worldwide. Mylan N.V. is dedicated to providing accessible and affordable medicines, making a significant impact in the pharmaceutical industry.
#19 Celgene Corporation
Employees: 9.6K
Revenue: 14.8B$
Website: https://www.celgene.com
Description: Celgene Corporation is a pharmaceutical company based in Summit, United States. Founded in 1986, the company operates in the Drug Stores industry. With a workforce of approximately 9.6 thousand employees, Celgene focuses on developing innovative therapies to treat cancer and inflammatory diseases. The company's revenue amounts to 14.8 billion dollars, making it a significant player in the pharmaceutical sector. Celgene's dedication to scientific research and commitment to improving patient outcomes have positioned it as a leader in the pharmaceutical industry.
#18 Shire Plc
Employees: 22K
Revenue: 15.7B$
Website: https://www.shire.com
Description: Shire Plc, headquartered in Dublin, Ireland, is a leading pharmaceutical company operating in the Drug Stores industry. Founded in 1986, Shire has established itself as a key player in the global market. With a workforce of approximately 22,000 employees, the company focuses on developing and marketing innovative medications to address a wide range of health conditions. Shire's revenue stands at an impressive 15.7 billion dollars, reflecting its strong performance in the pharmaceutical sector. Through its strategic initiatives and dedication to research and development, Shire continues to make significant contributions to the pharmaceutical industry, improving the lives of patients worldwide.
#17 Allergan Plc
Employees: 17.5K
Revenue: 16.1B$
Website: https://www.allergan.com
Description: Allergan Plc, headquartered in Dublin, Ireland, is a pharmaceutical company operating in the Drug Stores industry. Founded in 1948, the company has grown to employ approximately 17.5 thousand employees. Allergan specializes in developing, manufacturing, and marketing branded pharmaceuticals, over-the-counter products, and medical aesthetics. The company's innovative portfolio includes prescription drugs for the treatment of various medical conditions, such as eye care, central nervous system disorders, gastroenterology, and dermatology. Allergan's commitment to research and development drives its mission to improve patients' lives and deliver high-quality healthcare solutions. With a revenue of around 16.1 billion dollars, Allergan continues to be a prominent player in the pharmaceutical industry, providing essential medications and therapies to consumers worldwide.
#16 Novo Nordisk A/S
Employees: 45K
Revenue: 18.5B$
Website: https://www.novonordisk.com
Description: Novo Nordisk A/S, headquartered in Bagsværd, Denmark, is a leading pharmaceutical company in the Drug Stores industry. Founded in 1923, the company employs approximately 45,000 employees worldwide. Novo Nordisk is focused on the research, development, manufacturing, and marketing of pharmaceutical products, with a special emphasis on diabetes care. The company offers a wide range of products including insulin, GLP-1 analogs, and other related diabetes treatments. Novo Nordisk operates globally, with a strong presence in Europe, North America, and Asia. With an annual revenue of 18.5 billion dollars, the company continues to expand its portfolio and invest in innovative solutions to improve the lives of people living with diabetes and other chronic conditions.
#15 Eli Lilly And Company
Employees: 38K
Revenue: 22.3B$
Website: https://www.lilly.com
Description: Eli Lilly and Company is a leading pharmaceutical company headquartered in Indianapolis, United States. Founded in 1876, the company operates in the drug stores industry and specializes in the research, development, and production of innovative pharmaceutical products. With a workforce of approximately 38,000 employees, Eli Lilly and Company is dedicated to improving the health and well-being of people worldwide. The company generates substantial revenue of 22.3 billion dollars, contributing to its position as a major player in the pharmaceutical industry. Through its cutting-edge research and development efforts, Eli Lilly and Company continues to introduce new drugs and treatments that address a wide range of medical conditions, making a significant impact on global healthcare.
#14 Gilead Sciences, Inc.
Employees: 11K
Revenue: 22.5B$
Website: https://www.gilead.com
Description: Gilead Sciences, Inc. is a leading pharmaceutical company headquartered in Foster City, United States. Since its founding in 1987, Gilead Sciences has been focused on the development and commercialization of innovative medicines to address unmet medical needs. With a workforce of approximately 11,000 employees, Gilead Sciences operates in the drug stores industry. The company's revenue for the latest fiscal year was reported at 22.5 billion US dollars. Gilead Sciences is committed to advancing research and development in various therapeutic areas, including HIV/AIDS, liver diseases, oncology, and inflammation. Through strategic partnerships and acquisitions, Gilead Sciences aims to expand its portfolio of life-saving and life-enhancing medications.
#13 Amgen Inc.
Employees: 23K
Revenue: 23B$
Website: https://www.amgen.com
Description: Amgen Inc. is a leading biotechnology company based in Thousand Oaks, California. Founded in 1980, Amgen specializes in developing and manufacturing innovative human therapeutics for a variety of diseases. In the Pharmaceuticals industry, Amgen operates in Drug Stores, providing a range of medications and treatments to customers. With a workforce of approximately 23,000 employees, Amgen is committed to improving the lives of patients worldwide. The company has achieved significant financial success, with annual revenues reaching 23 billion dollars. Amgen's dedication to research and development has positioned it as a key player in the pharmaceutical industry.
#12 Bristol-Myers Squibb Company
Employees: 25K
Revenue: 26B$
Website: https://www.bms.com
Description: Bristol-Myers Squibb Company, headquartered in New York, United States, is a pharmaceutical company operating in the Drug Stores industry. Founded in 1887, the company has a workforce of approximately 25,000 employees. With a revenue of 26 billion dollars, Bristol-Myers Squibb is a major player in the pharmaceutical market. The company focuses on developing and delivering innovative medicines to help patients battling serious diseases. Bristol-Myers Squibb is committed to advancing scientific research and collaborating with healthcare professionals and organizations to provide effective treatment options for patients around the world.
#11 AstraZeneca PLC
Employees: 70K
Revenue: 26.1B$
Website: https://www.astrazeneca.com/
Description: AstraZeneca PLC, headquartered in Cambridge, United Kingdom, is a leading pharmaceutical company operating in the Drug Stores industry. Founded in 1999, the company has grown to employ approximately 70,000 people worldwide. With annual revenues of 26.1 billion USD, AstraZeneca focuses on the research, development, and manufacturing of innovative pharmaceutical products. The company's activities in the Drug Stores industry involve the production and distribution of prescription drugs, over-the-counter medications, and healthcare products. AstraZeneca's commitment to scientific advancements and its broad portfolio of therapeutic solutions have made it a trusted name in the global pharmaceutical market.
#10 Takeda Pharmaceutical Company Limited
Employees: 49K
Revenue: 31B$
Website: https://www.takeda.com
Description: Takeda Pharmaceutical Company Limited is a leading global pharmaceutical company headquartered in Osaka, Japan. Founded in 1781, Takeda operates in the pharmaceuticals industry, specifically in the drug stores sector. With a workforce of approximately 49,000 employees, Takeda is dedicated to improving the health and well-being of people worldwide through the provision of innovative and high-quality pharmaceutical products. The company generates annual revenue of around 31 billion dollars, contributing to its position as one of the largest pharmaceutical companies globally. Takeda's commitment to research and development, along with its focus on customer needs, drives its success in the pharmaceutical industry.
#9 GlaxoSmithKline Plc
Employees: 99.9K
Revenue: 33.8B$
Website: https://www.gsk.com
Description: GlaxoSmithKline Plc, headquartered in London, United Kingdom, is a leading pharmaceutical company operating in the Drug Stores industry. Established in 2000, the company has nearly 100,000 employees worldwide. With annual revenue of 33.8 billion dollars, GlaxoSmithKline focuses on developing and producing innovative medicines, vaccines, and consumer healthcare products. The company's wide range of offerings includes prescription medicines, over-the-counter drugs, and health-related products. GlaxoSmithKline is committed to improving the quality of human life by researching and developing solutions to some of the world's most pressing healthcare challenges.
#8 Abbott Laboratories
Employees: 109.5K
Revenue: 34.6B$
Website: https://www.abbott.com
Description: Abbott Laboratories, headquartered in Abbott Park, Illinois, United States, is a leading pharmaceutical company operating in the Drug Stores industry. The company was founded in 1888 and currently employs approximately 109,500 employees worldwide. Abbott Laboratories generates an annual revenue of around 34.6 billion US dollars. With a strong focus on pharmaceuticals, Abbott Laboratories develops, manufactures, and sells a wide range of pharmaceutical products, including prescription drugs, over-the-counter medications, and nutritional products. The company's products cater to various therapeutic areas such as cardiovascular, diabetes, diagnostics, immunology, and neuroscience. Abbott Laboratories is renowned for its innovative research and development initiatives, aiming to deliver improved healthcare solutions to patients globally.
#7 Sanofi
Employees: 100K
Revenue: 42.9B$
Website: https://www.sanofi.com
Description: Sanofi, headquartered in Paris, France, is a pharmaceutical company operating in the drug stores industry. Founded in 1973, Sanofi has become a global leader in the pharmaceutical sector. With approximately 100,000 employees, the company is committed to discovering, developing, and distributing innovative healthcare solutions. Sanofi's revenue reached 42.9 billion dollars, reflecting its significant presence in the pharmaceutical market. The company focuses on research and development, manufacturing, and commercialization of a wide range of pharmaceutical products, including prescription drugs, vaccines, and consumer healthcare products. Sanofi's dedication to improving patients' lives and its strong market position make it a key player in the drug stores industry.
#6 Bayer AG
Employees: 99.5K
Revenue: 43.5B$
Website: https://www.bayer.com
Description: Bayer AG, headquartered in Leverkusen, Germany, is a leading pharmaceutical company operating in the Drug Stores industry. Founded in 1863, Bayer has established itself as a key player in the pharmaceutical sector. With nearly 100,000 employees worldwide, the company is committed to improving human and animal health through its innovative products and solutions. Bayer's revenue reached 43.5 billion dollars, reflecting its strong market presence and successful business operations. The company's focus on research and development, along with strategic partnerships and acquisitions, enables it to deliver cutting-edge medications and therapies to customers around the globe.
#5 Merck & Co., Inc.
Employees: 69K
Revenue: 46B$
Website: https://www.merck.com
Description: Merck & Co., Inc., headquartered in Kenilworth, United States, is a leading pharmaceutical company operating in the Drug Stores industry. Founded in 1891, Merck has grown to employ approximately 69,000 employees worldwide. The company generates an annual revenue of around 46 billion USD. With a strong focus on research, development, and innovation, Merck aims to discover, develop, manufacture, and market a wide range of prescription medicines, vaccines, and animal health products. Merck's commitment to scientific excellence and patient well-being has established the company as a global leader in the pharmaceutical industry.
#4 Novartis AG
Employees: 110K
Revenue: 51B$
Website: https://www.novartis.com/
Description: Novartis AG, headquartered in Basel, Switzerland, is a leading pharmaceutical company operating in the Drug Stores industry. Founded in 1996, Novartis employs approximately 110,000 individuals worldwide. The company generates an estimated annual revenue of 51 billion US dollars. Novartis focuses on developing and manufacturing a wide range of pharmaceutical products, including prescription drugs, generic drugs, and over-the-counter medications. With a strong global presence, Novartis is committed to improving health outcomes and delivering innovative solutions to patients around the world.
#3 Pfizer Inc.
Employees: 88K
Revenue: 51.8B$
Website: https://www.pfizer.com
Description: Pfizer Inc. is a leading pharmaceutical company headquartered in New York, United States. With a history dating back to 1849, Pfizer has become a prominent player in the drug stores industry. The company employs approximately 88,000 individuals worldwide, focusing on research, development, manufacturing, and marketing of a wide range of healthcare products. Pfizer's revenue for the latest fiscal year reached 51.8 billion US dollars, solidifying its position as one of the top revenue-generating companies in the pharmaceutical sector. Through its innovative and diverse portfolio of medicines, vaccines, and consumer healthcare products, Pfizer continues to make significant contributions to the global healthcare industry.
#2 Roche Holding AG
Employees: 97K
Revenue: 58.3B$
Website: https://www.roche.com
Description: Roche Holding AG, headquartered in Basel, Switzerland, is a leading pharmaceutical company operating in the Drug Stores industry. Founded in 1896, Roche has established itself as a prominent player in the global healthcare sector. With approximately 97,000 employees worldwide, the company focuses on developing innovative medicines and diagnostic tests to improve patients' lives. Roche's extensive product portfolio spans various therapeutic areas, including oncology, immunology, infectious diseases, and neuroscience. The company's commitment to research and development has led to numerous breakthrough treatments and diagnostic solutions. With annual revenues of 58.3 billion dollars, Roche continues to make significant contributions to the pharmaceutical industry and plays a vital role in advancing healthcare worldwide.
#1 Johnson & Johnson
Employees: 135K
Revenue: 82.1B$
Website: https://www.jnj.com
Description: Johnson & Johnson is a leading pharmaceutical company headquartered in New Brunswick, United States. With a rich history dating back to 1886, the company operates in the Drug Stores industry. Johnson & Johnson has approximately 135,000 employees worldwide and generates an annual revenue of 82.1 billion dollars. The company's focus in the pharmaceutical industry is on developing and manufacturing a wide range of healthcare products, including prescription drugs, over-the-counter medications, and medical devices. Johnson & Johnson's commitment to innovation and high-quality products has earned them a prominent position in the pharmaceutical market.
Summary
The drug stores sub-industry within the pharmaceutical sector has seen significant growth in recent years, with several companies emerging as top players in the market. These companies have achieved impressive rankings and notable accomplishments.
One unexpected finding is the increasing role of technology in the drug store industry. Companies are leveraging digital platforms and online prescription services to enhance customer convenience and expand their reach.
Among the premier companies in the drug stores sub-industry are CVS Health, Walgreens Boots Alliance, and Rite Aid Corporation. These companies have established themselves as leaders in the market, with a wide range of pharmacy services and retail offerings.
One shared element driving the prosperity of these leading firms is their focus on creating a seamless customer experience. They have invested in modernizing their stores, enhancing their digital capabilities, and expanding their healthcare services to provide a comprehensive solution for customers.
What sets these eminent companies apart from their industry rivals is their ability to adapt to changing consumer preferences and market dynamics. They have embraced innovation, such as the introduction of telehealth services and partnerships with healthcare providers, to stay ahead in the competitive landscape.