The world’s largest generic drug companies have been identified based on various parameters such as revenue, global presence, and product range.
The List of The World’s Top 10 Largest Generic Drug Companies Include:
- Viatris: Formed through the combination of Mylan and Upjohn, Viatris is noted for its wide range of products focusing on gastrointestinal diseases, ophthalmology, and dermatology.
- Teva Pharmaceutical Industries: An Israeli multinational, Teva has been recognized for its extensive generic drug portfolio and is particularly noted for its drugs like Austedo and Ajovy.
- Sandoz (Novartis AG): A division of Novartis, Sandoz is a global leader in generic pharmaceuticals and biosimilars, known for its strong research and development focus.
- Sun Pharmaceutical Industries: An Indian multinational specializing in generic drugs, Sun Pharma has a vast product range across various therapeutic categories.
- Fresenius Kabi (Fresenius SE & Co.): This company specializes in intravenously administered generic drugs and clinical nutrition products, with a strong global presence.
- Lupin Limited: Another Indian powerhouse, Lupin has a strong presence in the cardiovascular, central nervous system, and respiratory segments among others.
- Pfizer Inc.: Known primarily for its branded drugs, Pfizer also has a significant generic drug portfolio, especially after merging with Mylan to form Viatris.
- Endo Pharmaceuticals: Engages in the development, production, and commercialization of generic pharmaceuticals with a diverse range of products.
- Aurobindo Pharma Limited: This company offers a broad spectrum of generic pharmaceuticals, with a significant presence in the US and European markets.
- Organon & Co.: Known for its focus on women’s health, Organon has diversified into biosimilars and established brands beyond its generic base.
Bonus:
- Bausch Health: Previously known as Valeant, this company has shifted its focus towards eye care, gastroenterology, and dermatology, moving away from its past controversies.
These companies play a critical role in providing accessible and affordable healthcare worldwide, contributing significantly to the global pharmaceuticals market. They have been instrumental in the widespread adoption of generic medications, helping to reduce healthcare costs and improve patient access to essential drugs.