A Morningstar author has ranked the top 10 pharma companies. Here they are: 1. Glaxo 2. Bayer 3. Sanofi 4. Novartis 5. J&J 6. BMS 7. Merck 8. Abbott 9. Eli Lilly 10. Pfizer 11. AZ
actually Pfizer was #14 before gulping up Warner-Lambert-Pharmacia-Upjohn-Wyeth in the 2000's. Harvard Business School’s Gary Pisano told The Wall Street Journal that "The record of big mergers and acquisitions in Big Pharma has just not been good. There’s just been an enormous amount of shareholder wealth destroyed." The Pfizer–Wyeth Deal Worst-Case Scenario By Jim Edwards | January 23, 2009 – BNET
Despite prior consolidations and mergers the future will likely continue to see mergers due to external and internal pressures including from Wall St. Unfortunately, employees who enable the results are neither seen nor rewarded as important stakeholders is such consolidations. Good luck to all in the industry.
Wonder what criteria was used for this list. Glaxo- losing Advair, lost Avandia and took on a huge lawsuit Bayer- Xarelto? Birth control pills (huge lawsuits due to drosperinone) Sanofi- Lost Plavix and will lose Lantus in the near future. New GLP-1 but 3rd to market Novartis- Just lost Diovan, what do they have Exforge (multiple generic agents in a Qd dose, and Alz. drug J&J- By far the best Where's BI? They're raking it in, and they have several new drugs soon.
The whole pharma industry is going down. Nobody is going to pay huge bucks for me-too's anymore and leadership doesn't understand how to create a pipeline of radical new drugs.........
