Ampliz Blog https://www.ampliz.com/resources Sales & marketing blogs from industry experts Wed, 28 Feb 2024 16:12:33 +0000 en-US hourly 1 https://wordpress.org/?v=6.1.1 Ampliz Blog Sales & marketing blogs from industry experts clean Navigating the world of the pharmaceutical company database: Tips and Tricks for finding what you need https://www.ampliz.com/resources/pharmaceutical-company-database/?utm_source=rss&utm_medium=rss&utm_campaign=pharmaceutical-company-database https://www.ampliz.com/resources/pharmaceutical-company-database/#respond Fri, 24 Mar 2023 05:13:30 +0000 https://stageweb.ampliz.com/resources/pharmaceutical-company-database/ AmplizNavigating the world of the pharmaceutical company database: Tips and Tricks for finding what you need

A pharmaceutical company database is all you need to take your product to the right audience at the right time. But you are not sure where to find it, and whom to trust. Undoubtedly, data is the new oil, but only if they are accurate, updated, and targeted. Faulty, outdated, and insufficient data will do …

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AmplizNavigating the world of the pharmaceutical company database: Tips and Tricks for finding what you need

A pharmaceutical company database is all you need to take your product to the right audience at the right time. But you are not sure where to find it, and whom to trust.

Undoubtedly, data is the new oil, but only if they are accurate, updated, and targeted. Faulty, outdated, and insufficient data will do more harm than good. Amidst so many data providers, finding the most reliable and authentic is challenging.

To ease some of your burdens, we will discuss how you can find pharmaceutical company datasets

Before we discuss how to find the most accurate, updated, and targeted database of pharma companies, let’s discuss what a pharma company database is, what all information this database gives, and what all factors one should consider before buying the database.

Healthcare

What is a Pharmaceutical Company Database?

Pharmaceutical company database are nothing but sets of information that help you reach the right target market at the right time. This pharmaceutical  company database gives you all the necessary information that helps you to pitch your prospects better.

What Type of Information do these Databases Consist of?

Wondering what makes the pharma company database so powerful? Pharmaceutical sales databases can boost your sales 10x, provided they are accurate, updated, and targeted. 

This database consists of direct mail, phone number, and Linkedin profile of key decision-makers of the company. 

Along with contact details, this dataset also provides you with geographic, technographic, firmographic, and demographic information about pharmaceutical companies.

Keeping this information handy, you can run your outreach campaign effectively and drive desirable outcomes.

But to get all these benefits of a pharmaceutical company database, you must consider factors that help you to choose the right data provider. Until you don’t select the right data provider, you won’t be able to reach your target audience effectively.

Healthcare

7 Essential Factors to Consider While Choosing a Pharmaceutical Company Database

To get the maximum return on investment on the time, money, and effort you spend on your outreach process using the database, you need to consider some factors. 

These factors are:

1. Scalability

A good database provider should be able to scale your business as it grows. This means supporting larger datasets, handling more traffic, and providing higher availability.

2. Performance

The performance of a database is critical to its usability; users expect fast response times and minimal downtime or data loss.

3. Security

Data breaches can result in significant financial losses or legal penalties, so security is paramount when selecting a database provider.

4. Integration capabilities

Your chosen database provider should integrate easily into your existing tech stack without requiring extensive development work on your end.

5. Cost-effectiveness

Database providers vary widely in terms of pricing structure and cost-effectiveness for different use cases; evaluate their plans carefully before making any commitments.

6. Customer Support

In the event that you run into issues using the service, having access to prompt and effective customer support can make all the difference in minimizing downtime or data loss. 

7. Quality

Last but not least the quality of the dataset. The quality of the dataset has to be up to the mark. The dataset should be most accurate,  real-time updated, targeted, and compliant.  Without these, you may face a higher bounce rate in your cold email outreach campaign. 

By considering these factors when choosing a database provider, ensure that you select one that meets all your needs while offering long-term value for the money invested!

Now let’s discuss how you can find the proper pharmaceutical company database that checks all these factors and gives you all the necessary information.

How to Find the Pharmaceutical Company Database

pharmaceutical company database

Based on the information shared above, list what information you require and what factors you should consider.

Make a list of all the providers that you may find appropriate.

Check all the providers against the information you want and the factors you wish to fulfill.

Once you do this study, you will be able to finalize the one that is worth investing your money.

When it comes to the factors mentioned above, quality, scalability, security, cost-effectiveness, integration capabilities, and customer service, Ampliz is the best one you can rely upon.

Ampliz provides you with a 98% accurate, real-time updated, and targeted database of pharmaceutical companies you are looking to reach.

Healthcare

What makes Ampliz superior to others?

Ampliz collects data from 100+ credible sources and validates them from 800+ experts. This gives you an accurate database of your prospects.

Ampliz lets you choose the recency of the database. You can select the database as latest as 30 days, 60 days, and 120 days, with an accuracy of >85%, >75%, and 75%.

With the help of state-of-the-art technology, Ampliz tracks the buying history of your prospects and gives you the targeted database of your most potential customers.

Ampliz offers you a database with 25+ search filters, with which you can get a customized database. 

Ampliz healthcare database has complied with all the necessary security requirements.

Ampliz’s most accurate, real-time updated, targeted, and compiled database helps you get

  • More open rate
  • More Responses
  • Higher conversion rate
  • and ultimately more sales. 

Conclusion

Quality of the data is the most crucial factor when choosing a pharmaceutical company database because poor quality data may lead to poor and wrong decision-making and damage your reputation.

When you do cold outreach with faulty and outdated data, the email marketing software may disintegrate your reputation. Instead of reaching inboxes, your mail will deliver in either spam or junk.

And that’s why you must consider some factors while choosing a pharmaceutical database for your business growth.

FAQs About Pharmaceutical Data Providers

1) Where can I find pharmaceutical data?

Plenty of database providers provide the pharmaceutical company database you are looking for. But when it comes to quality data that includes accurate, real-time updated, targeted, and compliant data Ampliz is the best place. 

Ampliz ensures you:

Higher open rate

Less bounce rate

More conversion and sales

2) Which database is used in the pharmaceutical industry?

In the pharmaceutical industry, several databases are used for various purposes, such as drug discovery, clinical trials management, pharmacovigilance, regulatory compliance, and supply chain management. Some of the commonly used databases in the pharmaceutical industry include:

1. Chemical Databases: 

These databases contain information on chemical structures and properties of drugs that are screened or synthesized during drug discovery processes.

2. Clinical Trials Databases: 

These databases store data related to clinical trial design, patient enrollment, and retention rates, adverse event reporting requirements, and other aspects of clinical research.

3. Electronic Health Record (EHR) Systems: 

EHR systems maintain comprehensive patient health records that help clinicians monitor medication adherence levels and track disease progression over time.

4. Safety Data Exchange Agreements (SDEAs): 

SDEAs facilitate sharing of safety data between pharmaceutical companies involved in joint development programs.

5. Regulatory Databases: 

Regulatory bodies like FDA maintain public access databases containing information on approved drugs, including their indications for use, dosage regimens, etc.

Overall there is no single database exclusively used by the pharmaceutical industry; instead, a combination of different ones depending upon specific needs at each stage of the product development lifecycle would be utilized by Pharmaceutical companies.

3) What is the best pharmacy database?

The best pharmacy database would depend on the specific needs and requirements of the user. However, there are several reputable databases available in the market that offer high-quality information and reliable resources for pharmacists, researchers, and healthcare professionals.

One such database is Clinical Pharmacology by Elsevier. It provides detailed drug information, including dosages, interactions, contraindications, side effects, black box warnings, and more. Additionally, it includes diagnostic tools like calculators which allow you to determine creatinine clearance values or evaluate opioid conversion dosing.

Another popular choice is Micromedex by Truven Health Analytics – A part of IBM Watson Health. The platform offers a broad range of information from drug identification to adverse reaction management options. There’s also an expert advisory board that reviews all content before publication in order to ensure accuracy.

Other notable pharmacy databases include Lexicomp (Wolters Kluwer), RxList (WebMD), UpToDate (Wolters Kluwer), etc., each having its own unique features catering to different aspects of pharmaceutical research.

Ultimately any decision should be based on what type of data you require access to for your purposes; whether it be patient education materials or clinical guidelines for medication dispensing practices.

4) What is a pharmaceutical database?

A pharmaceutical database is a comprehensive collection of information related to drugs, medications, and other healthcare products.

It contains essential details such as the chemical composition, therapeutic uses, side effects, dosage recommendations, and trade names of various medicines. 

Pharmaceutical databases are an indispensable tool for pharmacists, doctors, researchers, and other medical professionals who rely on accurate drug information to make informed decisions about patient care.

These databases provide reliable updates on new drugs that come into the market and any changes in existing ones.

Moreover, these databases also help regulatory bodies like the FDA (Food & Drug Administration) monitor the safety and efficacy of different medications by keeping track of adverse events reported by patients or healthcare providers.

Overall it can be concluded that Pharmaceutical Databases store vast amounts of valuable data related to medicine, making them an essential resource for anyone working within the health industry.

5. Where do pharma companies get their data from

Pharmaceutical companies rely on various sources of data to develop and commercialize their products. Here are some of the primary sources:

1) Clinical Trials: 

Pharma companies conduct clinical trials to test the safety and efficacy of their drugs. These trials involve patients, who provide valuable data about how the drug works in real-world settings.

2) Electronic Health Records (EHRs): 

EHRs contain comprehensive patient information such as medical history, diagnoses, treatments, lab results, and prescriptions. Pharma companies can use this data to identify disease patterns and monitor drug effectiveness and side effects.

3) Patient-generated Data: 

Patients produce a vast amount of health-related data through wearable devices that track vital signs like heart rate, blood pressure, or activity levels. This type of data is particularly useful for tracking chronic conditions.

4) External Databases: 

Many pharma companies also leverage external databases like government health records or insurance claims databases to gain insights into disease prevalence rates and treatment outcomes.

5) Social Media: 

Social media platforms have become an essential source of healthcare information for many people worldwide. By analyzing social media conversations related to specific diseases or treatments, pharma firms can understand consumer perceptions better.

In summary, pharmaceutical companies gather crucial information from multiple sources, including clinical trials, electronic health records (E.H.R.), patient-generated data via wearables devices & apps., external databases like government agencies’ public records systems as well as other relevant resources available online such as social media platforms where consumers share their experiences with medicines used by them over time- all these different types contribute significantly towards driving innovation in modern medicine today!

6) What are the big 3 in the pharmaceutical industry?

The big 3 in the pharmaceutical industry are Pfizer, Roche, and Merck & Co. 

These companies have a significant presence in the global market and hold a dominant position in the research and development of new drugs. 

Pfizer is the largest pharmaceutical company by revenue, with a portfolio of blockbuster drugs such as Lipitor, Viagra, and Lyrica.

Roche is known for its leadership in oncology medications such as Herceptin and Avastin. Meanwhile, Merck & Co has developed game-changing products like Gardasil (vaccine for HPV) and Keytruda (immunotherapy for cancer). 

These three major players have established themselves through their investments to innovate new treatments that address unmet medical needs while staying ahead of competitors by investing heavily in research and development efforts.

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Top 8 Pharmaceutical Marketing Trends To Watch in 2024 https://www.ampliz.com/resources/top-pharma-marketing-trends/?utm_source=rss&utm_medium=rss&utm_campaign=top-pharma-marketing-trends https://www.ampliz.com/resources/top-pharma-marketing-trends/#respond Fri, 06 Jan 2023 10:01:00 +0000 https://stageweb.ampliz.com/resources/top-5-pharma-marketing-trends/ AmplizTop 8 Pharmaceutical Marketing Trends To Watch in 2024

There is hardly any sector that has not been affected by the impact of COVID-19, and Pharmaceutical companies are no exception. Read the top 8 pharmaceutical marketing trends in 2024. From supply chain management to addressing medicine development issues, Pharmaceutical companies are at the front of the battle. However, Pharmaceutical companies have been growing profoundly with increasing demands …

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AmplizTop 8 Pharmaceutical Marketing Trends To Watch in 2024

There is hardly any sector that has not been affected by the impact of COVID-19, and Pharmaceutical companies are no exception. Read the top 8 pharmaceutical marketing trends in 2024.

From supply chain management to addressing medicine development issues, Pharmaceutical companies are at the front of the battle.

However, Pharmaceutical companies have been growing profoundly with increasing demands for their services.

Target and reach the right pharmaceutical experts to help you when you’re developing a new drug or medical device.

Using pharma data intelligence, you can bring your new drugs and therapies to the limelight. Pharma data provides you with accurate data insights to help you reach the key decision-makers in the biopharma market. 

In today’s day and age, it is challenging to target, reach and engage the right pharma experts who discover the right bio drug for healthcare centres.

If you’re in search of pharma experts or to combat drug procurement capital for your clinical practice, you would be required to approach the right pharma companies.

Reach the right pharma experts, you can gain access to the pharma data from Ampliz.

Healthcare Data – Contact Us

But there is a need to break away from hackneyed pharma marketing trends and follow a patient-centric approach to enhance their business and build their brand. 

In the year 2021, digitalization is embracing all spheres of life. And the Pharmaceutical supply chain is also concerned about maintaining closer connections with its consumers like never before. 

On the whole, proper implementation of advanced marketing trends could bring a revolutionary shift in the pharmaceutical business. 

Advanced marketing trends have many advantages, such as data loss prevention, flexible & adaptable service, cybersecurity, and control in quality & operations.

Many advanced marketing trends have the potential to transform your pharmaceutical business.

Let’s have a look at the most popular trends in Pharma marketing to watch in 2024

1. Marketing Automation & AI

2. Telehealth & Online Patient Care

3. Online Video Engagement

4. Google Featured Snippets

5. Expanded use of RWE

1. Marketing Automation & AI

Pharma businesses across the world carry out multiple tasks such as tracking & engaging with individual buyers, prioritizing customers based on their interests, filtering leads based on engagement, and measuring the revenue contribution of marketing campaigns.

On top of that handling, these tasks manually are tedious, time-consuming, and error-prone.

But utilizing marketing automation and AI  in the pharma business will present a vital solution to several healthcare-related concerns.

Marketing automation analyses customer behaviour and content consumption across many platforms such as social clicks and page views.

In this way, it shifts the focus on engagement and enables pharma companies to personalize and templatize the content to keep the customer interest alive.

Moreover, it also enables the business to employ automated chats and email-campaign to deliver a value-driven customer experience that enhances management effectiveness. 

2. Telehealth & Online Patient Care

Telehealth is another top trends in pharmaceutical industry that has gained huge momentum in the Covid-19 era.

Many agencies and businesses are employing telemedicine and online patient care to scale their business.

It expands your reach to more patients. Moreover, the telehealth platform no longer requires big upfront overhead costs. It is cost-effective and easily affordable.

The only thing a customer need is an internet connection and a mobile device.

Additionally, it has other advantages such as improved patient engagement with remote monitoring, enhanced clinical workflows, advanced business models, and improve patient satisfaction.

Online patient care and telehealth are more than just delivering a service. It enhances your customer base by making them believe that you care for them the most.

Healthcare

3. Online Video Engagement

Whether it’s the 90s era or it’s 2023, who doesn’t love visuals? And in 2023, online video engagement is one of the trends in pharma marketing that are grabbing eyeballs.

In today’s tech-driven world, every business and company has its social media profile and website.

And this is one of the efficient ways to scale their business and tell the customer about their business.

Before committing to your services, patients and customers need to believe what you are offering. And to gain their trust video engagement comes in handy.

Medical video content can help you in demonstrating your service, capabilities, results, and your practice method naturally and efficiently. And it also enables you to optimize your content as per customer needs.

Optimization helps you in widening your reach to the customer and scale up your business. The more you will be seen in the market, the more customer will invest in your business.

Google features snippets are one of the revolutionary  pharmaceutical marketing trends that help you rank higher in organic traffic.

And to achieve this you don’t have to be number one in your niche. All you need to produce is quality content and format in the way search engines love. 

Moreover, this is a big challenge but it is possible by making your content snappable so that Google recognizes your link and ranks you higher.

You can optimize your content by adding feature snippets in the form of paragraphs, text, and lists.

Additionally, to earn more attention you can optimize your content by keeping an eye on competitors’ ranking snippets. 

This gives you an advantage in learning what customer demands and how your business can benefit them the most. 

5. Expanded use of RWE

The covid-19 pandemic has pressed the need for Real-World Evidence (RWE) in the pharmaceutical industry. 

And to accelerate health research and development need more receptive and expanded use of RWE. 

With inadequate data and analytics pharma companies are struggling to prioritize the right action strategy.

But implementing RWE in the pharma business would result in cost-effective and faster drug development.

RWE enables the business to understand biological pathways and unmet needs. In this way, it reduces the clinical development cycle costs and time. 

RWE also creates a guide map that indicates a patient’s location like who is getting the benefit from a particular drug or having a particular disease. 

This enables practitioners to prioritize their medical research in terms of drug development. 

6. Create thought leadership content

Content is the king. It is the content that brings you in front of your audience. But there is already so much noise, every pharmaceutical brand is creating content, how can you become different? How can you make people trust you? How can you engage them? 

That’s when thought leadership content comes into the picture.  Creating thought leadership content is an effective pharmacy marketing trends. Thought leadership content doesn’t make you content in a different way, but it makes you think in a different way. And that’s what gives you a unique identity and recognition in the crowd. That’s when you can build trust with your audience. 

Thought leadership content aims to position the author or organization as a trusted authority on a topic, providing insights, opinions, and perspectives that are not readily available elsewhere. It is typically educational and informative, but it also challenges conventional thinking and provides unique perspectives on industry trends and issues. Thought leadership content emphasizes quality over quantity, and it requires subject matter expertise, communication skills, and a deep understanding.

7. Implement influencer marketing

Though a very old practice, influencer marketing is one of the effective pharmaceutical advertising trends. In traditional marketing, brands use celebrities to promote their product/ service. Influencer marketing is similar with some differences.

The word influencer means the person who influences others or the person by whom so many people got influenced. That means these are the people whom people trust a lot. Therefore brands use them to promote their product or service so that they can have wide reach and also increase sales.

These people interact with their audience on a regular basis, so the trust level between them is very high. Moreover, the audience of the influencer knows that the person uses the product first and then recommends it, which increases the credibility of your product.

One thing that you should keep in mind while choosing the right influencer is that he/she should be relatable to your product. And another thing is that, they should have a large number of followers and the person should be authentic.

8. Experiment with streamed content

Streamed content is one of the top pharmaceutical marketing trends and a go-to strategy for reaching and targeting audiences in general. It helps you to increase your engagement. Stream content allows you to have 1-1 interaction with your audience, and this helps them to engage with you better. In-stream content like Facebook live, or YouTube live or any specialized healthcare streaming, your audience can ask you questions, and participate in a real-time discussion that helps you build trust with them.

While online streaming you should emphasize on authentic stories rather than data-heavy presentations to engage and retain your audience. You should also ensure all the compliances and guidelines.

Conclusion

Pharmaceutical Marketing is changing rapidly as per their customer expectations hence, the proper & timely implementation of advanced marketing trends is key to building & retaining your business in this competitive market.

To target and reach the leading pharma companies in the US, it is significant to have accurate data insights.

With Ampliz Pharma’s email list, you can reach the target market and maximize your business potential.

Also, pharma data help you know the market opportunities and identify the expert who discovers the right medicines for your treatment facilities.

Ampliz can always help your company to catch up with the times by providing you with the intelligence on Key Decision Makers of the healthcare industry that you need to accelerate your business growth.

Healthcare Data – Contact Us

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List of Top Pharma Companies in the USA by Revenue [2023] https://www.ampliz.com/resources/list-of-pharma-companies-in-us/?utm_source=rss&utm_medium=rss&utm_campaign=list-of-pharma-companies-in-us https://www.ampliz.com/resources/list-of-pharma-companies-in-us/#respond Fri, 28 Oct 2022 03:32:20 +0000 https://stageweb.ampliz.com/resources/list-of-pharma-companies-in-us/ AmplizList of Top Pharma Companies in the USA by Revenue [2023]

List of Pharma Companies in US have a significant impact on global health, prosperity, and economic productivity.  Most of the top US pharmaceutical companies are multinational companies that are engaged in research and development, manufacturing, marketing, and distribution of chemical and biological drugs for humans as well as veterinary use. Pharma manufacturing companies in the …

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AmplizList of Top Pharma Companies in the USA by Revenue [2023]

List of Pharma Companies in US have a significant impact on global health, prosperity, and economic productivity. 

Most of the top US pharmaceutical companies are multinational companies that are engaged in research and development, manufacturing, marketing, and distribution of chemical and biological drugs for humans as well as veterinary use.

Pharma manufacturing companies in the USA have grown at fast pace compared to other countries.

As per the statista, US pharmaceutical companies have accounted for nearly half of the global sales revenue in recent years.

As per Statista, five out of 10 leading pharma companies worldwide are from the US.

Thus, despite significant economic challenges, pharmaceutical manufacturing companies in the USA did an outstanding job in the research and development of new medicines that save a life, increasing life span, reducing suffering, and prevent surgeries.

Healthcare Data – Contact Us

Let’s see the list of top pharma companies in USA that are ruling in the world.

List of Top Pharmaceutical Companies in US by Revenue

List of Pharma Companies in US

1) Jhonson and Johnson

Revenue 2021: $93.77 billion

Headquarters: New Brunswick, New Jersey

Jhonson, and Jhonson was founded by Robert wood Jhonson in the year 1886. Pharmaceuticals, medical devices, and consumer-packaged goods are its USP. 

This pharmaceutical manufacturing company of the USA is headquartered in New Brunswick, New Jersey, and operates more than 250 subsidiaries in 60+ countries with 144,500 employees in 2021.

Since the year 2012, J&J has been able to maintain the top position despite strong competition from Pfizer. 

In the year 2021, the company generated a revenue of about $93.77 billion majority of which is contributed by pharma products. 

This shows about a 13% increase in revenue compared to 2020, as the darzalex made sales of $6 billion, Stelara made sales of more than $18 billion, and the covid vaccine made sales of $2.4 billion.

Prostate cancer medicine Erleada and the schizophrenia franchise are other growth contributors within the pharma group.

2) Pfizer

Revenue 2021: $81.29 billion

Headquarters: New York City.

Founded in the year 1868 by two cousins Charles Pfizer and Charles Erhart, Pfizer is headquartered in New York City.

Pfizer is one of the largest pharmaceutical manufacturing companies in the US and operates through two divisions namely Pfizer innovative health and Pfizer essential health. 

Its products comprise vaccines and medications for a wide range of applications including immunology, cardiology, endocrinology, and neurology.

The total revenue generated in the year 2021 was $81.29 billion, out of which $37 billion is contributed by the covid vaccine.

Eliminating the revenue generated by the covid vaccine, there is a growth of 44% in revenue generation compared to the year 2020.

3) AbbVie.Inc

Revenue 2021: $56.197billion

Headquarters: Lake Bluff, Illinois.

Founded in the year 2013, AbbVie is an American publicly traded biopharmaceutical company headquartered at Lake Bluff, Illinois, USA as a spin-off of Abbott Laboratories.

It was founded by Dr. Wallace C. Abbott.

This company is actively involved in developing, producing, and marketing biopharmaceuticals and small-molecule drugs.

The revenue generated in the year 2021 was $56.197 billion with an increase of 22.69% from the year 2020.

In this increased revenue generation, the highest contributing products were Humira and Imbruvika. Humira made sales of almost $20.1 billion.

4) Merck & Co

Revenue 2021: $48.77 billion

Headquarters: Kenilworth, New Jersey

The American multinational company Merck & Co was founded in 1891 by Friedrich, Heinrich, and George Merck and headquartered in Kenilworth, New Jersey. 

This world’s biggest and one of the top pharma companies in the US is known for its autoimmune disorder, type-2 diabetes, cancer disease, and other medical conditions as well as other medical health products.

The total revenue generated in the year 2021 was $48.77 billion which is an increase of 17% compared to 2020.

In this revenue, keytruda, one of the best-selling drugs worldwide made sales of $17.2 billion, and another cancer drug with the generic name pembrolizumab increased its sales by $2.8illion.

5) Bristol Myers Squibb

Revenue 2021: $46.385 billion

Headquarters: New York.

Founded in the year 1887 by two friends William McLaren Bristol and John Ripley Myers, Bristol Myers Squibb is headquartered in New York.

It is a global pharmaceutical company committed to improving patient life by delivering truly innovative medicines that help patients prevail over serious diseases.

This company provides medicines for cancer, HIV/AIDS, cardiovascular disease, diabetes, hepatitis, and psychiatric disorders.

In the year 2021, it generated total revenue of $46.385 billion with an increase of 9.09%.

Top-selling products in 2021 were Revlimid and Opdivo, drugs used in the treatment of certain cancers, and Eliquis, an anticoagulant.

6) Abbott laboratory

Revenue 2021: $43.075 billion

Headquarters: Lake Bluff.

Founded in the year 1888 by Dr. Wallace C. Abbott, Abbot Laboratory was Headquartered in the Abbott Park Business Center in Lake Bluff.

It is actively engaged in medical devices, diagnostics, generic medicines, and nutritional products.

The company generated total revenue of $43.075 billion in the year 2021 with an increase of 24.47%.

Diagnostics and medical devices were top-selling segments in 2021 and generated 14.3 and 15.6 US dollars.

7) Eli Lilly and Company

Revenue 2021: $28.32 billion

Headquarters: Indianapolis

Eli Lilly and Company was founded by Colonel Eli Lilly in the year 1876 and has its headquarters in Indianapolis with offices in 18 other countries.

This was the first company for the mass production of Penicillin, insulin, and the Salk Polio vaccine.

They are currently involved in the manufacturing of physiatrists’ medications and produce Prozac, Dolophine, Cymbalta, and Zyprexa, and their products are sold in almost 125 countries.

In the year 2021, the company generated total annual revenue of $28.32 billion with a 15% rise compared to 2020.

8) Gilead sciences

Revenue 2021: $27.350 billion

Headquarters: Foster City, California

In the year 1987, Michael L. Riordan founded the company which is located in Foster City, California.

Along with the United States, Gilead Science operates in North America, Europe, and Australia. 

This pharma manufacturing company in the US is actively involved in the manufacturing of antiviral drugs used in the treatment of HIV, Hepatitis B, Hepatitis C, and influenza.

In 2021, the company made a total annual revenue of $27.350 billion with an increase of 10.6% compared to 2020.

9) Amgen

Revenue 2021: $25.979 billion 

Headquarters: Thousand Oak, California.

Founded by George Rathmann in the year 1980, Amgen is headquartered in Thousand Oak, California.

This American pharmaceutical multinational company is one of the largest independent companies in the world.

The company generated total revenue of $25.979 billion with an increase of 2.18%. compared to 2020.

10) Biogen

Revenue 2021: $10.98 billion 

Headquarters: Cambridge, MA

It was founded in 1978 by Charles Weissman, Heinz Schaller, Kenneth Murray, and Nobel Prize winners Walter Gilbert and Phillip Sharpiogen. 

The company’s main focus is to discover, develop, manufacture, and market innovative therapies for the global patient population with neurological and neurodegenerative diseases.

Biogen is one of the oldest independent biotechnology companies in the world.

In 2021 Biogen generated total annual revenue of $10.98 billion With an 18.32% decline from 2020.

In 2021, Spinraza was top selling healthcare product and generated revenues of around $1.9 billion.

The effect of Covid-19 on R&D

The various variants of covid-19 and their dreadful effects on humans have pushed pharmacists to invest great time, energy, and money in R&D of medicines that save people from this dreadful virus.

According to Statista, in 2021, the R&D expenditure of US pharma companies totaled some $102 billion, and this is going to increase due to the cost associated with developing safe and effective Covid-19 vaccines and treatments.

The high cost of prescription drugs

In recent years, the US has made great profits due to the high cost of prescription drugs.

The blockbuster medicine Humira produced by AbbVie made sales of $17 billion in the year 2021. 

Even after factoring in discounts and rebates total spending on medicine in the US exceeds half a trillion billion US dollars. 

Conclusion

Thus, the top pharma companies in the USA are continuously working towards developing and manufacturing innovative drugs that help patients to prevail and fight against dreadful diseases, and improve their lifespan. 

Looking to get connected with crucial authorities or key decision-makers of pharmaceutical manufacturing companies in the USA, but not sure from where to get that?

Ampliz is the answer.

Ampliz holds extensive contact lists of top pharma companies in the USA. Ampliz provides you with the most authentic, updated, and customized top pharmaceutical contact lists of the USA and helps your business to achieve predetermined business goals.

FAQs On US pharmaceutical companies

How many US pharmaceutical companies are there?

According to IBISWorld, There are 2,655 brand name Pharmaceutical Manufacturing companies in the US as of 2023.

At Ampliz, we have high-end datasets of US pharmaceutical companies.

Who is the No 1 pharma company in USA?

Johnson and Johnson is the no. 1 pharma company in USA.

What are the big 4 pharmaceutical companies?

1) Jhonson and Johnson
2) Pfizer
3) AbbVie.Inc
4) Merck & Co

Who are the largest drug distributors USA?

Cardinal Health, AmerisourceBergen, and McKesson Corporation are the largest drug distributors in USA.

Almost 90% drugs in the United States are distributed through these wholesalers.

The post List of Top Pharma Companies in the USA by Revenue [2023] appeared first on Ampliz Blog.

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