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    Home > Active Ingredient News > Drugs Articles > 2021 Top 8 pharmaceutical companies with the highest net income in the world: Novartis' first Moderna enters the list with the new crown vaccine

    2021 Top 8 pharmaceutical companies with the highest net income in the world: Novartis' first Moderna enters the list with the new crown vaccine

    • Last Update: 2022-04-16
    • Source: Internet
    • Author: User
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    According to Yahoo Finance and Insider Monkey, the market value of the biotech industry will grow rapidly and is expected to reach $950 billion by 2027


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    Regeneron: $8.
    58 billion

    Headquartered in New York, Regeneron develops medicines for infectious diseases, eye diseases, cardiovascular, allergic and inflammatory diseases, and cancer
    .
    The company reported net income of $8.
    58 billion in 2021, bringing its full-year revenue to $16.
    07 billion
    .
    Of this, as much as $6.
    19 billion comes from Regen-Cov, a combination therapy of COVID-19 antibodies developed by it
    .
    In 2021, the U.
    S.
    FDA granted emergency authorization to REGEN-COV for the treatment of high-risk individuals with recently diagnosed mild to moderate COVID-19
    .

    Reference source: BioSpace Looks at the Top 8 Biopharma Companies by Net Income

    Reference source: BioSpace Looks at the Top 8 Biopharma Companies by Net Income
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