The top 15 pharma companies by 2017 revenue
fiercepharma | May 15, 2018
In many ways, 2017 was an uncertain year for biopharma as a new, erratic administration entered the White House and federal government. The industry came under fire early with then-President-elect Donald Trump's comments that it was "getting away with murder" on pricing, but more than a year later, biopharma has been spared real reform. One certainty? The year wasn't without drama. On several occasions, industry leaders butted heads with the president, most notably when Merck & Co. CEO Kenneth Frazier, angered by the president's response to a white supremacist rally in Charlottesville, Virginia, quit Trump's executive advisory board. Pfizer sued Johnson & Johnson in a lawsuit that could reshape the U.S. biosim market; Merck suffered a costly cyberattack; Teva announced a massive round of downsizing, and much more. GlaxoSmithKline, Eli Lilly, and Teva each got new CEOs, while Novartis announced an upcoming CEO transition.