1 Merck KGaA MRK.DE 68 low 27.8 1.5% $73.34B 2 Takeda Pharmaceutical TAK 57 low 249.3 3.4% $68.06B 3 Galderma Group GALD.SW 64 medium 64.4 0.2% $54.78B 4 Teva Pharmaceutical Industries TEVA 54 medium 101.1 0.0% $50.45B 5 Sun Pharmaceutical Industries SUNPHARMA.NS 72 not measured 41.6 0.8% $48.71B 6 Jiangsu Hengrui Medicine 600276.SS 70 not measured 35.8 0.4% $46.11B 7 Sandoz Group SDZ.SW 66 low 69.4 0.9% $44.42B 8 Jiangsu Hengrui Pharmaceuticals 1276.HK 67 not measured 32.8 0.5% $42.51B 9 Haleon HLN 61 medium 18.8 2.2% $40.35B 10 Zoetis ZTS 75 medium 13.7 2.6% $33.55B 11 Divi's Laboratories DIVISLAB.NS 75 not measured 89.7 0.3% $32.21B 12 Hansoh Pharmaceutical Group 3692.HK 79 not measured 26.9 1.4% $26.55B 13 Viatris VTRS 55 high Loss 2.3% $24.14B 14 Torrent Pharmaceuticals TORNTPHARM.NS 63 not measured 85.2 0.7% $19.33B 15 PharmaEssentia 6446.TW 71 not measured 60.7 0.1% $16.81B 16 Shionogi 4507.T 81 not measured 10.8 2.6% $16.34B 17 Ipsen IPN.PA 75 low 27.0 1.0% $15.4B 18 Yunnan Baiyao Group 000538.SZ 68 not measured 18.6 4.8% $14.52B 19 Laurus Labs LAURUSLABS.NS 70 not measured 98.1 0.1% $14.01B 20 Elanco Animal Health ELAN 49 medium Loss 0.0% $13.23B 21 Zydus Lifesciences ZYDUSLIFE.NS 69 not measured 28.6 0.1% $12.77B 22 Dr. Reddy's Laboratories RDY 62 medium 41.3 0.6% $12.25B 23 Cipla CIPLA.NS 67 not measured 39.6 0.9% $12.24B 24 Zhejiang NHU 002001.SZ 75 not measured 10.9 3.1% $11.93B 25 Mankind Pharma MANKIND.NS 65 not measured 49.1 0.0% $11.73B 26 Aurobindo Pharma AUROPHARMA.NS 68 not measured 26.4 0.0% $11.22B 27 Lupin LUPIN.NS 76 not measured 17.9 0.9% $9.88B 28 Shanghai Fosun Pharmaceutical (Group) 600196.SS 50 not measured 17.2 1.7% $9.18B 29 H. Lundbeck HLUN-B.CO 79 low 15.1 1.9% $9.07B 30 Eisai 4523.T 61 not measured 32.3 3.2% $8.91B 31 Krka, d. d. KRK.WA 74 low 17.6 3.7% $8.17B 32 Glenmark Pharmaceuticals GLENMARK.NS 74 not measured 52.1 0.1% $8.06B 33 Alkermes ALKS 53 high Loss 0.0% $8.05B 34 Amneal Pharmaceuticals AMRX 57 medium 54.7* adjusted 20.9 0.0% $7.56B 35 Huadong Medicine 000963.SZ 62 not measured 13.6 3.5% $6.98B 36 Alkem Laboratories ALKEM.NS 65 not measured 30.2 1.0% $6.95B 37 Lantheus Holdings LNTH 76 medium 25.8 0.0% $6.64B 38 China Resources Sanjiu Medical & Pharmaceutical 000999.SZ 73 not measured 12.9 4.0% $6.25B 39 Apotex Health APTX.TO 70 not measured 22.3 0.2% $5.78B 40 Gland Pharma GLAND.NS 70 not measured 43.6 0.6% $5.75B 41 Sumitomo Pharma 4506.T 57 not measured 18.7 0.0% $5.45B 42 Ipca Laboratories IPCALAB.NS 70 not measured 35.1 0.0% $5.25B 43 Shenzhen Salubris Pharmaceuticals 002294.SZ 53 not measured 46.8 1.8% $5.03B 44 Laboratorios Farmaceuticos Rovi ROVI.MC 82 medium 17.6 1.4% $4.02B 45 Siegfried Holding SFZN.SW 55 medium 18.3 0.6% $3.77B 46 Bausch Health Companies BHC 61 medium Loss 0.0% $3.13B 47 Regencell Bioscience Holdings RGC 31 not measured Loss 0.0% $2.68B 48 HUTCHMED (China) HCM 45 medium 147.2 0.0% $2.63B 49 Almirall ALM.MC 45 low 49.0 1.7% $2.61B 50 Perrigo PRGO 48 medium Loss 7.0% $2.3B 51 Trulieve Cannabis TRLV 48 not measured Loss 0.0% $2.17B 52 Dermapharm Holding DMP.DE 68 medium 13.1 2.3% $2.13B 53 Fagron FAGR.BR 70 low 19.5 1.6% $1.99B 54 Eton Pharmaceuticals ETON 69 high 45.6* adjusted 72.0 0.0% $1.97B 55 Alvotech ALVO 43 high Loss 0.0% $1.76B 56 Faes Farma FAE.MC 71 low 14.9 2.6% $1.73B 57 Supernus SUPN 62 high 8.0 no data $1.72B 58 ANI Pharmaceuticals ANIP 61 medium 14.2 0.0% $1.63B 59 PolyPeptide Group PPGN.SW 42 high 100.0 0.0% $1.61B 60 Pacira BioSciences PCRX 58 medium 39.5 0.0% $1.46B 61 Phibro Animal Health PAHC 58 high 14.0 1.4% $1.43B 62 Cronos Group CRON 61 medium 20.7 0.0% $1.26B 63 BioGaia BIOG-B.ST 75 low 32.5 3.2% $1.25B 64 Amphastar Pharmaceuticals AMPH 76 medium 12.5 0.0% $1.22B 65 Vetoquinol VETO.PA 77 low 16.6 1.1% $1.13B 66 Harrow Health HROW 39 high Loss 0.0% $1.1B 67 Pharmanutra PHN.MI 62 medium 35.2 1.4% $906.68M 68 Ironwood Pharmaceuticals IRWD 71 medium 5.4 0.0% $806.23M 69 Collegium Pharmaceutical COLL 52 high 25.4 0.0% $770.98M 70 Evotec EVT.DE 32 not measured Loss 0.0% $624.43M 71 Alpha Teknova TKNO 43 high Loss 0.0% $541M 72 Evolus EOLS 45 high Loss 0.0% $491.12M 73 Kamada KMDA 66 medium 18.9 5.2% $468.95M 74 Aquestive Therapeutics AQST 29 not measured Loss 0.0% $449.96M 75 Boiron BOI.PA 56 medium 12.8 7.0% $371.89M 76 PharmaSGP Holding PSG.DE 80 not measured 17.0 0.2% $371.49M 77 Aurora Cannabis ACB 44 high Loss 0.0% $332.01M 78 Emergent BioSolutions EBS 24 not measured Loss 0.0% $310.55M 