Pharmaceutical and biotech companies have come into focus in the last few months. Dozens of companies all over the world are developing drugs and vaccines to treat the novel coronavirus. In fact, some pharma companies have seen their stock prices double in just a few months. But not all companies in the pharma sector have a highly valuable brand. Here we take a look at the top ten most valuable pharma brands in the world.
Every year, the UK-based brand consultancy firm Brand Finance evaluates more than 5,000 brands from across the globe. This ranking is based on Brand Finance’s annual Pharma 25 report. For the uninitiated, brand value reflects the net economic benefit the brand owner would reap by licensing it in the open market.
Some of the world’s largest pharma and biotech companies such as Johnson & Johnson, Pfizer, and Bayer have