[Ranking] TOP 25 Drug Wholesalers / Pharmaceuticals Companies Q3/2023
Intro
The pharmaceutical industry plays a critical role in the worldwide economy, providing essential medications and treatments to millions of people around the globe. One sub-industry within pharmaceuticals that is particularly vital is that of drug wholesalers. These companies serve as the backbone of the pharmaceutical supply chain, ensuring that medications are efficiently distributed to pharmacies, hospitals, and other healthcare providers.
The influence of drug wholesalers extends far beyond the pharmaceutical sector. Their operations have a ripple effect across diverse industries, including healthcare, insurance, and retail. By efficiently delivering medications to the end-users, drug wholesalers enable healthcare providers to offer timely and accessible treatments, thereby improving patient outcomes and reducing healthcare costs.
With the ever-increasing demand for pharmaceutical products, the drug wholesaling industry has experienced significant growth in recent years. In the United States alone, drug wholesaling is a multi-billion dollar industry, with revenues projected to continue their upward trajectory. This economic magnitude reflects the vital role that drug wholesalers play in meeting the healthcare needs of populations worldwide.
The drug wholesaling industry is not without its challenges. Rapid advancements in technology, changing regulations, and the emergence of new therapies are constantly shaping the industry landscape. Additionally, the industry faces obstacles such as counterfeit medications, supply chain disruptions, and the need for efficient inventory management. However, these trends and obstacles present opportunities for innovation and growth within the drug wholesaling space.
The landscape of the drug wholesaling industry is ever-changing, driven by technological advancements, evolving healthcare systems, and shifting patient needs. As a result, the industry is witnessing the rise of innovative companies that are revolutionizing the way medications are distributed. In this article, we will explore some of the top drug wholesaling companies and their contributions to the industry, shedding light on their strategies, successes, and the impact they have on the global healthcare ecosystem.
Ranking
#25 Mitsubishi Tanabe Pharma Corporation
Employees: 4.5K
Revenue: 2.3B$
Website: https://www.mt-pharma.co.jp
Description: Mitsubishi Tanabe Pharma Corporation, headquartered in Osaka, Japan, is a leading pharmaceutical company operating in the Drug Wholesalers industry. With a history dating back to 1678, the company has established itself as a trusted provider of pharmaceutical products. Mitsubishi Tanabe Pharma Corporation employs approximately 4.5 thousand employees and generates a revenue of 2.3 billion dollars. The company plays a crucial role in the wholesale distribution of drugs, ensuring the availability of essential medications to healthcare providers and patients. Through its commitment to research and development, Mitsubishi Tanabe Pharma Corporation contributes to advancements in the pharmaceutical industry, ultimately improving the quality of healthcare worldwide.
#24 Mallinckrodt Plc
Employees: 3.5K
Revenue: 2.5B$
Website: https://www.mallinckrodt.com
Description: Mallinckrodt Plc is a pharmaceutical company headquartered in St. Louis, United States. Founded in 1867, the company operates in the Drug Wholesalers industry. With approximately 3.5 thousand employees, Mallinckrodt focuses on distributing and supplying pharmaceutical drugs to various stakeholders within the industry. The company generates an estimated revenue of 2.5 billion dollars annually. Mallinckrodt is committed to providing high-quality pharmaceutical products and services to meet the needs of healthcare professionals and patients. Through its extensive network and expertise in drug distribution, Mallinckrodt plays a crucial role in ensuring the availability and accessibility of essential medications in the pharmaceutical market.
#23 Vertex Pharmaceuticals Incorporated
Employees: 2.5K
Revenue: 3.2B$
Website: https://www.vrtx.com
Description: Vertex Pharmaceuticals Incorporated, headquartered in Boston, United States, is a leading company in the Drug Wholesalers industry. Since its establishment in 1989, Vertex Pharmaceuticals has been dedicated to discovering, developing, and commercializing innovative medicines for serious diseases. With a workforce of approximately 2.5 thousand employees, the company focuses on discovering and developing small molecule drugs that target specific genetic and genomic factors to treat diseases such as cystic fibrosis and other serious respiratory and autoimmune disorders. Vertex Pharmaceuticals has achieved significant growth over the years, generating a revenue of 3.2 billion dollars. Through its commitment to scientific innovation and patient care, Vertex Pharmaceuticals continues to make a positive impact in the pharmaceutical industry.
#22 Alexion Pharmaceuticals, Inc.
Employees: 3.1K
Revenue: 4.7B$
Website: https://www.alexion.com
Description: Alexion Pharmaceuticals, Inc. is a leading biopharmaceutical company headquartered in Boston, United States. Founded in 1992, the company operates in the Drug Wholesalers industry. With a workforce of approximately 3,100 employees, Alexion Pharmaceuticals focuses on the development and commercialization of innovative therapies for rare diseases. The company's revenue reached 4.7 billion dollars, positioning it as a key player in the pharmaceutical market. Alexion Pharmaceuticals is committed to improving the lives of patients with rare diseases through its groundbreaking research, development, and distribution of life-changing medications.
#21 Grifols, S.A.
Employees: 24K
Revenue: 5.4B$
Website: https://www.grifols.com
Description: Grifols, S.A. is a pharmaceutical company headquartered in Barcelona, Spain. Founded in 1940, Grifols operates in the Drug Wholesalers industry. With a workforce of approximately 24,000 employees, the company focuses on the distribution and wholesale of pharmaceutical drugs. Grifols plays a crucial role in the supply chain of the pharmaceutical industry, ensuring that medications are available to healthcare providers and patients. The company has achieved significant revenue growth, generating approximately 5.4 billion dollars in revenue. Grifols' commitment to providing access to essential medications contributes to the overall success of the Pharmaceuticals industry.
#20 Regeneron Pharmaceuticals, Inc.
Employees: 9.7K
Revenue: 8.2B$
Website: https://www.regeneron.com
Description: Regeneron Pharmaceuticals, Inc., headquartered in Tarrytown, United States, is a leading company in the Drug Wholesalers industry. Founded in 1988, Regeneron has grown to become a global biotechnology company focused on discovering, developing, and commercializing innovative medicines for serious diseases. With a workforce of 9.7 thousand employees, Regeneron is dedicated to bringing new therapies and treatment options to patients worldwide. The company's revenue reached 8.2 billion dollars, reflecting its success in the pharmaceutical market. Regeneron continues to invest in research and development to address unmet medical needs and improve patient outcomes.
#19 Biogen Inc.
Employees: 7.5K
Revenue: 14.4B$
Website: https://www.biogen.com
Description: Biogen Inc., headquartered in Cambridge, United States, is a leading pharmaceutical company operating in the Drug Wholesalers industry. Founded in 1978, the company has grown to employ approximately 7,500 employees globally. With a revenue of 14.4 billion dollars, Biogen focuses on the development, manufacturing, and commercialization of therapies for neurological and neurodegenerative diseases. Their portfolio includes treatments for multiple sclerosis, spinal muscular atrophy, and Alzheimer's disease. Biogen's commitment to innovation and research has positioned them as a key player in the pharmaceutical industry, dedicated to improving the lives of patients worldwide.
#18 Mylan N.V.
Employees: 35K
Revenue: 15B$
Website: https://www.mylan.com/
Description: Mylan N.V., headquartered in Canonsburg, United States, is a leading global pharmaceutical company operating in the Drug Wholesalers industry. Founded in 1961, Mylan is committed to providing access to high-quality medicine to people around the world. With a workforce of approximately 35,000 employees, Mylan focuses on developing, manufacturing, and distributing a wide range of generic and branded pharmaceutical products. The company's revenue reaches approximately 15 billion dollars annually, making it a significant player in the pharmaceutical industry. Mylan's dedication to delivering affordable and accessible healthcare solutions has earned it a prominent position in the Drug Wholesalers industry.
#17 Becton, Dickinson And Company
Employees: 76K
Revenue: 17.3B$
Website: https://www.bd.com
Description: Becton, Dickinson and Company, commonly known as BD, is a global medical technology company headquartered in Franklin Lakes, United States. BD operates in the Drug Wholesalers industry within the Pharmaceuticals sector. The company was founded in 1897 and currently employs approximately 76,000 people worldwide. BD specializes in the development, manufacturing, and sale of a wide range of medical supplies, devices, laboratory equipment, and diagnostic products. With a revenue of 17.3 billion USD, BD is a leading player in the drug wholesaling industry, providing essential healthcare solutions to customers across the globe.
#16 Novo Nordisk A/S
Employees: 40K
Revenue: 18B$
Website: https://www.novonordisk.com
Description: Novo Nordisk A/S is a pharmaceutical company headquartered in Copenhagen, Denmark. Founded in 1923, the company specializes in the production of diabetes care products and operates in the Drug Wholesalers industry. With approximately 40,000 employees, Novo Nordisk is a global leader in diabetes care and is committed to improving the lives of people with diabetes through innovative solutions. The company's revenue reached 18 billion dollars, making it one of the major players in the pharmaceutical industry. Novo Nordisk continues to develop and expand its product portfolio, focusing on research, development, and production of high-quality medicines to address the growing global need for diabetes treatment.
#15 Eli Lilly And Company
Employees: 33K
Revenue: 22.3B$
Website: https://www.lilly.com
Description: Eli Lilly and Company, headquartered in Indianapolis, United States, is a pharmaceutical company operating in the Drug Wholesalers industry. Founded in 1876, the company has a workforce of approximately 33,000 employees. With a revenue of 22.3 billion dollars, Eli Lilly and Company is a leading player in the industry. The company is dedicated to discovering, developing, and delivering innovative medicines that help people live longer, healthier lives. They focus on areas such as diabetes, oncology, immunology, neuroscience, and cardiovascular diseases. Eli Lilly and Company's commitment to research and development has resulted in numerous breakthrough therapies that have made a significant impact on global healthcare.
#14 Gilead Sciences, Inc.
Employees: 12.5K
Revenue: 22.5B$
Website: https://www.gilead.com
Description: Gilead Sciences, Inc., headquartered in Foster City, United States, is a prominent player in the Drug Wholesalers industry. Founded in 1987, the company has grown to employ approximately 12.5 thousand people. With a revenue of 22.5 billion dollars, Gilead Sciences, Inc. operates as a leading pharmaceutical company, specializing in the research, development, and commercialization of innovative medicines. The company focuses on areas such as HIV/AIDS, liver diseases, oncology, inflammation, and respiratory diseases. Gilead Sciences, Inc. is committed to improving the lives of patients worldwide through its advanced therapies and groundbreaking scientific advancements.
#13 Amgen Inc.
Employees: 23K
Revenue: 24B$
Website: https://www.amgen.com/
Description: Amgen Inc. is a leading biopharmaceutical company headquartered in Thousand Oaks, United States. Founded in 1980, the company operates in the Drug Wholesalers industry within the Pharmaceuticals sector. With approximately 23,000 employees, Amgen focuses on discovering, developing, and delivering innovative human therapeutics. The company's mission is to serve patients by transforming the promise of science and biotechnology into therapies that have the power to restore health or even save lives. Amgen's revenue reached 24 billion dollars, making it one of the key players in the industry. Through its research and development efforts, Amgen continues to make significant contributions to the advancement of medicine and patient care.
#12 Bristol-Myers Squibb Company
Employees: 30K
Revenue: 25B$
Website: https://www.bms.com
Description: Bristol-Myers Squibb Company, headquartered in New York City, United States, operates in the Drug Wholesalers industry within the Pharmaceuticals sector. Founded in 1887, the company employs approximately 30,000 people globally. With a revenue of 25 billion USD, Bristol-Myers Squibb is a leading pharmaceutical company that focuses on discovering, developing, and delivering innovative medicines to help patients prevail over serious diseases. The company's drug wholesalers division is responsible for distributing a wide range of pharmaceutical products to various healthcare providers, ensuring that patients have access to the medications they need. Bristol-Myers Squibb is committed to advancing science and improving patient outcomes through its extensive research and development efforts in the pharmaceutical industry.
#11 AstraZeneca PLC
Employees: 76.1K
Revenue: 26.6B$
Website: https://www.astrazeneca.com/
Description: AstraZeneca PLC, headquartered in Cambridge, United Kingdom, is a leading pharmaceutical company operating in the Drug Wholesalers industry. Founded in 1999, the company has a workforce of approximately 76,100 employees. With a revenue of 26.6 billion dollars, AstraZeneca PLC is focused on the development, manufacturing, and distribution of innovative pharmaceutical drugs. The company plays a vital role in the pharmaceutical supply chain by wholesaling drugs to various healthcare providers and pharmacies. AstraZeneca PLC has established itself as a key player in the pharmaceutical industry, contributing to advancements in healthcare and improving patient outcomes.
#10 Takeda Pharmaceutical Company Limited
Employees: 46K
Revenue: 31B$
Website: https://www.takeda.com
Description: Takeda Pharmaceutical Company Limited, headquartered in Tokyo, Japan, is a prominent player in the Drug Wholesalers industry. Founded in 1781, Takeda has a workforce of approximately 46,000 employees. With a revenue of 31 billion dollars, Takeda operates as a leading global pharmaceutical company, specializing in research, development, manufacturing, and marketing of drugs. Takeda's wide range of products includes prescription medications, over-the-counter drugs, and vaccines. The company is dedicated to improving the health and well-being of people worldwide through innovative and high-quality pharmaceutical products.
#9 GlaxoSmithKline Plc
Employees: 95K
Revenue: 33B$
Website: https://www.gsk.com
Description: GlaxoSmithKline Plc, headquartered in Brentford, United Kingdom, is a leading pharmaceutical company operating in the Drug Wholesalers industry. With a history dating back to 2000, GSK has become a global player in the pharmaceutical sector. The company employs approximately 95,000 individuals worldwide and generates an annual revenue of around 33 billion US dollars. GSK focuses on the research, development, manufacturing, and distribution of innovative medicines, vaccines, and consumer healthcare products. Through its presence in the Drug Wholesalers industry, GSK plays a vital role in ensuring the availability and distribution of pharmaceutical products to various healthcare providers and patients across the globe.
#8 Abbott Laboratories
Employees: 103K
Revenue: 34.9B$
Website: https://www.abbott.com/
Description: Abbott Laboratories, headquartered in Abbott Park, United States, is a leading company in the Drug Wholesalers industry. With a rich history dating back to 1888, Abbott Laboratories has established itself as a pioneer in the field of pharmaceuticals. The company operates globally, providing a wide range of products and services related to healthcare. Abbott Laboratories has a workforce of approximately 103,000 employees, who work tirelessly to develop and distribute innovative medicines and medical devices. The company is committed to improving the lives of people around the world through its high-quality and reliable healthcare solutions. With an annual revenue of 34.9 billion dollars, Abbott Laboratories continues to be a major player in the pharmaceutical industry, driving advancements in healthcare and contributing to the well-being of individuals and communities worldwide.
#7 Bayer AG
Employees: 100K
Revenue: 36B$
Website: https://www.bayer.com
Description: Bayer AG, headquartered in Leverkusen, Germany, operates in the Drug Wholesalers industry within the Pharmaceuticals sector. Founded in 1863, the company has grown to employ approximately 100,000 individuals. With a revenue of 36 billion US dollars, Bayer AG is a major player in the industry. The company focuses on the wholesale distribution of drugs, supplying pharmaceutical products to various healthcare providers, hospitals, and pharmacies. Bayer AG plays a vital role in ensuring the availability and accessibility of essential medications to meet the healthcare needs of the global population.
#6 Sanofi
Employees: 100K
Revenue: 40B$
Website: https://www.sanofi.com
Description: Sanofi is a leading pharmaceutical company based in Paris, France. With a rich history dating back to 1973, Sanofi operates in the Drug Wholesalers industry, providing a wide range of pharmaceutical products to wholesalers. The company has a strong presence in Europe and is known for its innovative research and development efforts. Sanofi employs approximately 100,000 people worldwide and generates an impressive annual revenue of 40 billion US dollars. Committed to improving global health, Sanofi continues to make significant contributions to the pharmaceutical industry through its diverse portfolio of drugs and therapies.
#5 Roche Holding AG
Employees: 100K
Revenue: 45B$
Website: https://www.roche.com/
Description: Roche Holding AG, headquartered in Basel, Switzerland, is a leading player in the Drug Wholesalers industry. With a history dating back to 1896, Roche has established itself as a key player in the pharmaceutical sector. The company operates globally and is known for its innovative and high-quality pharmaceutical and diagnostic products. Roche's extensive product portfolio includes drugs for various therapeutic areas such as oncology, immunology, infectious diseases, and neuroscience. With a workforce of approximately 100,000 employees, Roche continues to make significant contributions to the advancement of healthcare worldwide. In 2020, the company reported revenues of 45 billion dollars, solidifying its position as a major player in the pharmaceutical industry.
#4 Merck & Co., Inc.
Employees: 74K
Revenue: 46B$
Website: https://www.merck.com
Description: Merck & Co., Inc. is a pharmaceutical company headquartered in Kenilworth, United States. Founded in 1891, the company operates in the Drug Wholesalers industry. With a workforce of approximately 74,000 employees, Merck & Co., Inc. is involved in the research, development, manufacturing, and marketing of a wide range of pharmaceutical products. The company's revenue stands at 46 billion dollars, making it one of the leading players in the industry. Merck & Co., Inc. is dedicated to improving health and well-being globally through innovative medicines, vaccines, and animal health products.
#3 Novartis AG
Employees: 100K
Revenue: 50B$
Website: https://www.novartis.com
Description: Novartis AG, headquartered in Basel, Switzerland, is a leading pharmaceutical company in the Drug Wholesalers industry. Founded in 1996, Novartis operates globally and is known for its innovative medications and healthcare solutions. With approximately 100,000 employees, Novartis is dedicated to improving and extending the lives of patients around the world. The company generates significant revenue, with an annual revenue of 50 billion US dollars. Novartis combines cutting-edge research and development with a commitment to delivering high-quality medicines to patients, making it a key player in the pharmaceutical industry.
#2 Pfizer Inc.
Employees: 80K
Revenue: 51B$
Website: https://www.pfizer.com
Description: Pfizer Inc. is a leading pharmaceutical company headquartered in New York City, United States. Founded in 1849, Pfizer operates in the Drug Wholesalers industry. With a workforce of approximately 80,000 employees, the company is dedicated to discovering, developing, manufacturing, and distributing innovative medicines and vaccines. Pfizer's revenue in recent years has reached an impressive 51 billion dollars, making it one of the largest players in the pharmaceutical industry. The company's commitment to improving health and well-being globally has positioned Pfizer as a trusted name in the healthcare sector.
#1 Johnson & Johnson
Employees: 135K
Revenue: 82.1B$
Website: https://www.jnj.com
Description: Johnson & Johnson, headquartered in North America, United States, specifically in New Brunswick, is a pharmaceutical company operating in the Drug Wholesalers industry. The company was founded in 1886 and currently employs approximately 135,000 individuals. With a revenue of 82.1 billion USD, Johnson & Johnson is a major player in the industry and is widely recognized for its contributions to healthcare and pharmaceutical advancements. The company focuses on the distribution and wholesale of pharmaceutical products, ensuring that medications reach healthcare providers and patients efficiently. Through their extensive network and global presence, Johnson & Johnson plays a crucial role in the pharmaceutical supply chain, supporting the delivery of essential drugs to various markets worldwide.
Summary
The drug wholesalers sub-industry is a critical component of the pharmaceutical sector, responsible for the distribution of medications and healthcare products to pharmacies, hospitals, and other healthcare providers. The top companies in this sub-industry have demonstrated remarkable achievements and continue to play a vital role in the healthcare supply chain.
One unexpected finding is the consolidation trend within the drug wholesalers sector, with larger companies acquiring smaller ones to expand their reach and capabilities. This consolidation has led to increased efficiency and improved economies of scale for these leading firms.
Among the premier companies in the drug wholesalers sub-industry are AmerisourceBergen Corporation, McKesson Corporation, and Cardinal Health, Inc. These companies have established themselves as industry leaders through their extensive distribution networks, strong relationships with pharmaceutical manufacturers, and ability to provide value-added services to their customers.
One shared element driving the prosperity of these leading firms is their focus on technology and innovation. They have invested heavily in digital platforms and data analytics to optimize their supply chain operations and improve customer satisfaction. Additionally, these companies have implemented advanced inventory management systems to ensure efficient and timely delivery of medications.
What sets these eminent drug wholesalers apart from their industry rivals is their commitment to compliance and patient safety. They adhere to strict regulatory standards and prioritize the secure handling and distribution of medications. Furthermore, they offer comprehensive training programs to healthcare providers to promote responsible medication use and minimize errors.