We all take pills at some point or another, whether we have a headache that won’t go away or a digestion problem. As a matter of fact, our society as whole has become addicted to taking pills, supplements, or rubbing creams on themselves whenever people feel something’s wrong with them. This being said, we do have a wider variety of drugs to choose from than our parents or their parents before that.
In fact, there is a giant industry that revolves around pharmaceuticals, an industry that has been growing at a steady pace for more than 50 years now. So let us take a look at the ten biggest pharmaceutical companies in the world right now to better understand just how big the industry really is.
Eli Lilly has an annual revenue of $23.1bn and an R&D expenditure of $5.5bn. This company was the first pharmaceutical entity to produce penicillin, polio vaccines, and insulin at a mass scale. It is also the largest distributor and manufacturer of psychiatric medication in the world. It currently has more than 40,000 employees worldwide and has a presence in more than 120 countries around the world.