How well are pharmaceutical and biotechnology companies performing? The 2012 EU Industrial R&D Scoreboard ranked the top R&D investors from all sectors worldwide based on their average net sales growth over the last decade. The report only included companies with positive recent net sales growth, positive employment growth and positive profitability (the report identified high-performers among the list of top R&D investors using criteria detailed on pages 29-30). Of the top 50 highest-performing companies from all sectors, 13 of the firms operated in the Pharmaceuticals & Biotechnology sector. Here are the top 10 best-performing pharma and biotech companies from 2002-2011 from the list:
|Rank||Company||Country||Annual sales growth (2002-2011) (%)||World rank (all industries)|
|8||Sun Pharmaceutical Industries||India||21||26|
|9||Teva Pharmaceutical Industries||Israel||19||34|
|10||Dr Reddy's Laboratories||India||18.7||36|
It's interesting to note that all of the top 7 in the list are US-based companies – with the remaining 3 companies from India and Israel. According to the report, companies within the pharmaceutical and biotechnology sector showed the highest average sales growth.
Click here to read the full 2012 EU Industrial R&D Scoreboard.
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