Companies in Traditional Pharmaceuticals
There are 9,014 companies in Traditional Pharmaceuticals which include Merck, Abbott, Bayer, Teva Pharmaceuticals, Coherus Biosciences. 1,262 companies in Traditional Pharmaceuticals are funded, with 1,147 having secured Series A funding. Till date, the sector has seen the creation of 1 Unicorn. India has the most number of companies in Traditional Pharmaceuticals (3,297), followed by United States
(831), and then China (387).
2026 has seen the creation of 22 Traditional Pharmaceuticals companies. On average, the last 10 years have seen 119 new companies launched every year. Most number of Traditional Pharmaceuticals startups have been founded by alumni from Harvard University, University of Pennsylvania and BITS Pilani.
Here is a List of top companies in Traditional Pharmaceuticals
1. Merck
Manufacturer of pharmaceutical products. The Company offers health solutions through its prescription medicines, vaccines, biological therapies, and animal health products, which it markets directly and through its joint ventures. It operates through one segment, Pharmaceutical. The Company's Pharmaceutical segment includes human health pharmaceutical and vaccine products marketed either directly by the Company or through joint ventures. The Company has operations in the Pharmaceutical, Animal Health, Alliances, and Healthcare Services segments. Human health pharmaceutical products consist of therapeutic and preventive agents, generally sold by prescription, for the treatment of human disorders. As of August 2014, Merck's research and development efforts have led to the approval of more new drugs than any other company. Research performed at Merck has led to U.S. FDA approval of 63 New Molecular Entities. In 2022, the company recorded annual revenues of $57.09B and a net profit of $13.03B.
Key facts about Merck
- Founded Year: 1891
- Location: Rahway (United States)
- Stage: Public
- Investors: Bill & Melinda Gates Foundation, Berkshire Hathaway and 11 Others
- Latest Funding Round: Grant (prize money), Sep 15, 2021, $*****
- Tracxn Score: 82/100 What is this?
2. Abbott
Developer of medical devices, generic pharmaceuticals, and nutrition products. Its products are used by hospitals, laboratories, blood banks, and physicians. It is used to diagnose & monitor diseases such as HIV, hepatitis, cancer, heart failure, and metabolic disorders. In 2022, the company recorded annual revenues of $43.65B and a net profit of $6.93B
Key facts about Abbott
- Founded Year: 1888
- Location: Libertyville (United States)
- Stage: Public
- Investors: MSN Laboratories, Digital Pharma Lab and 12 Others
- Latest Funding Round: Grant (prize money), Nov 17, 2021, $*****
- Tracxn Score: 80/100 What is this?
- Competitors Rank: 2 of 7,569 Competitors
3. Bayer
Manufacturer of drugs. It targets women's health, cardiology, oncology, hematology, ophthalmology, and radiology.
Key facts about Bayer
- Founded Year: 1863
- Location: Leverkusen (Germany)
- Stage: Public
- Investors: Digital Pharma Lab, B Capital Fund and 9 Others
- Latest Funding Round: Grant (prize money), Oct 21, 2022, $*****
- Tracxn Score: 74/100 What is this?
- Competitors Rank: 1 of 1,013 Competitors
In 2023, the company recorded annual revenues of $14.94B and a net loss of $2.35B
Key facts about Teva Pharmaceuticals
- Founded Year: 1901
- Location: Petah Tikva (Israel)
- Stage: Public
- Total Funding till date: $500M
- Investors: Berkshire Hathaway, JANA Partners and 3 Others
- Latest Funding Round: Conventional Debt, Apr 10, 2019, $*****
- Tracxn Score: 73/100 What is this?
Key facts about Coherus Biosciences
- Founded Year: 2010
- Location: Redwood City (United States)
- Stage: Public
- Total Funding till date: $144M
- Investors: F-Prime Capital, RA Capital Management and 14 Others
- Latest Funding Round: Post IPO, Apr 14, 2020, $*****
- Tracxn Score: 73/100 What is this?
