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10 years of ranking pharma and biopharma
July 9, 2010
By: Gil Roth
President, Pharma & Biopharma Outsourcing Association
This issue marks the 10th year of our Top 20 Pharma and Top 10 Biopharma report. We began it in 2001, after a well-intentioned stab at a Top CMOs feature in 2000 that turned out slightly worse than “NBC’s Salute To Fireworks” on that episode of 30 Rock. (Who knew that so many privately held companies would be so reticent to give out their revenue figures for publication?) In honor of this 10-year milestone, I thought I’d look back at our first report and see how things have changed. For one thing, the Top 20 Pharma companies nowadays are around double the size they were in 2001 (based on revenues from 2000). GSK, the #1 company that year, posted sales of $23.5 billion, while Pfizer, this year’s #1, reported 2009 revenues of $45.4 billion. The #20 company in our first report, Shionogi, had $2.8 billion in sales, while this year’s #20, Mylan, clocked in at $5.0 billion. On the biopharma side, the numbers are a little crazier, of course. Amgen was our #1 at $3.2 billion in 2001. Over the decade, Amgen more than quintupled its sales, reaching $14.4 billion this time around. Keep in mind: its revenues have been nearly stagnant for three years! Gilead Sciences, which I’d mistakenly considered a biopharma (I had yet to settle on a good definition of “biopharma” at that point), had sales of $150 million in 2000; that company just reached #19 in our pharma ranks with $6.5 billion in 2009 revenues. That’s a growth story, huh? Of course, looking back on the Tops of 2001 can also be a bit morbid. In the spirit of creative destruction, the following companies from our Top 20 Pharmas no longer exist as independents:
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