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| Topic: |
Technology
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| Number of pages / Number of words: |
12 / 3274 |
Essay's paper body
It has been subject to many criticisms, which will be commented later on in the report.
The US and the UK are the most dominant countries in the industry but important companies are also to be found in Switzerland and France.
Delimitation of the Industry
The pharmaceutical industry covers the whole world in the sense that some few international companies control the industry and distribute their products all over the world...
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It is difficult to divide the companies geographical due to their “world coverageâ€. Here is a list of the top ten pharmaceutical companies according to sales for the year 2004.
Rank 2004 Company Country Revenue (million $) R&D
(million $) Net income/ loss (million $) Employees
1 Pfizer USA 52,516 7,684 11,361 115,000
2 Bristol-Myers Squibb USA 47,348 5,203 8,509 109,900
3 GlaxoSmithKline UK 37,318 5,204 7,886 100,619
4 Sanofi-Aventis France-Germany 31,615 4,927 6,526 96,439
5 Novartis Switzerland 28,247 4,207 5,767 81,392
6 Hoffmann-La Roche Switzerland 25,163 4,098 5,344 64,703
7 Merck & Co USA 22,939 4,010 5,813 62,600
8 AstraZeneca UK-Sweden 21,427 3,803 3,813 64,200
9 Abbott Laboratories USA 19,680 1,697 3,236 50,600
10 Johnson & Johnson USA 19,380 2,500 2,388 43,000
These companies sell different types of products...
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