Top 20 Oncology Companies Based on 2021 Oncology Segment Total Revenue
Shots:
- Oncology focuses on the study, diagnosis, prevention, and treatment of cancer based on the treatment option and it’s divided into 3 major areas including medical oncology, radiation oncology, and surgical oncology
- The advancements in cell and gene therapies have provided pharmaceutical companies with a unique set of ground-breaking tools for the development of more effective therapeutic options. As of 2020, Bristol-Myers Squibb (BMS) has once again secured the top position with total revenue of $29.73B, followed by Roche and Merck
- Our team at PharmaShots has compiled a list of the top 20 oncology companies based on their 2021 oncology segment revenue
Oncology Segment Revenue: $0.037B
Founded Year: 1984
Market Cap: $8.90B
Total Employees: ~24,800
Headquarters: Hyderabad, India
Stock Exchange: NSE
Dr. Reddy’s Laboratories is an integrated pharma company that develops a wide range of generic formulations and proprietary products within the therapeutic areas including Oncology, Cardiovascular, Dermatology, Gastrointestinal, Diabetology, Nephrology & pain management. Dr. Reddy’s 2021 revenue increased by 12.1% vs 2020. On May’21, Dr. Reddy’s Lab. acquired the exclusive license to commercialize Pregene Biopharma’s PRG1801 in India and to also conduct the development and clinical trial of PRG1801 in India.
Oncology Segment Revenue: $0.63B
Founded Year: 2010
Market Cap: $16.88B
Total Employees: ~8,000
Headquarters: Beijing, China
Stock Exchange: NASDAQ
BeiGene is a global biotech company focused on the development and commercialization of innovative therapeutics in Oncology. Its products Tislelizumab and Brukinsa contributed the most to the company’s total revenue. BieGene’s 2021 revenue increased by 103.2% vs 2020. On Dec’21, BieGene entered into a collaboration and license agreement with Novartis for Ociperlimab (BGB-A1217) to strengthen its pipeline
Oncology Segment Revenue: $0.66B
Founded Year: 2000
Market Cap: $62.86B
Total Employees: ~92,000
Headquarters: Surrey, United Kingdom
Stock Exchange: LON
GSK is a global healthcare multinational company focused on the development and manufacturing of pharma products in areas including Oncology, Respiratory, and Immune Inflammation. GSK’s 2021 revenue increased by 29.4% vs 2020. On Apr’21 GSK’s Cabozantinib products Cabometyx and Cometriq were acquired by Royalty Pharma for an upfront payment of $342M along with additional payments of up to $50M.
Oncology Segment Revenue: $0.98B
Founded Year: 1987
Market Cap: $81.21B
Total Employees: ~14,400
Headquarters: California, United States
Stock Exchange: NASDAQ
Gilead Sciences is a biopharma company committed to the discovery, development, and commercialization of products for Antiretroviral Therapy, Oncology, Hematology, and Inflammatory & Respiratory diseases. The company’s Oncology segment includes Tecartus, Trodelvy, Yescarta, and Zydelig. Gilead’s 2021 revenue decreased by 7.5% vs 2020. On Oct’21, Gilead entered into a clinical trial collaboration with Merck to Evaluate Trodelvy + KEYTRUDA in patients with first-line metastatic triple-negative breast cancer.
Oncology Segment Revenue: $1.02B
Founded Year: 1973
Market Cap: $1.76B
Total Employees: ~95,400
Headquarters: Paris, France
Stock Exchange: NASDAQ
Sanofi is a French multinational biopharma company obligated to provide treatment options globally focused on therapeutic areas including Oncology, Cardiovascular, Neurology, Immunology, and Inflammation. Sanofi’s Oncology segment was boosted by the sales of its lead product, Jevtana. Sanofi’s 2021 revenue increased by 5.1% vs 2020. On Dec’21 Sanofi acquired Amunix’s Immuno-oncology pipeline that gave Bayer access to Amunix Pro-XTENTM, XPAT, and XPACTM technology.
Oncology Segment Revenue: $1.35B
Founded Year: 2005
Market Cap: $57.00B
Total Employees: ~15,000
Headquarters: Tokyo, Japan
Stock Exchange: TYO
Daiichi Sankyo is a Japanese pharma company dedicated towards the development of novel therapies for therapeutic areas including Oncology and Rare Diseases. The total sale obtained by the company included the sales of Enhertu and Turalio. Daiichi Sankyo’s 2021 revenue was increased by 26.2% vs 2020. On Oct’21 Daiichi Sankyo entered into a clinical trial collaboration and supply agreement with Merck & Co. to evaluate the combination of Datopotamab Deruxtecan (Dato-DXd).
Oncology Segment Revenue: $1.43B
Founded Year: 1863
Market Cap: $50.92B
Total Employees: ~99,600
Headquarters: Leverkusen, Germany
Stock Exchange: ETR
Bayer is a global life science company that develops and commercializes a wide range of pharma products in Oncology, Cardiovascular, and kidney diseases. The products contributing to the company’s Oncology segment are Nexavar, Xofigo, and Stivarga. Bayer’s 2021 revenue inclined by 1.4% vs 2020. On Aug’21, Bayer completed the acquisition of Vividion.
Oncology Segment Revenue: $2.32B
Founded Year: 2002
Market Cap: $15.88B
Total Employees: ~2,100
Headquarters: Delaware, United States
Stock Exchange: NASDAQ
Incyte is an American biopharma company committed to the discovery, development, and commercialization of pharma products within a wide range of therapeutic areas including Hematology, Oncology, Inflammation, and Autoimmunity. The company’s net Oncology revenue was generated through its products Jakafi, Iclusig, Pemazyre, and Monjuvi. Incyte’s 2021 revenue inclined by 12.6% vs 2020. On Aug’21 Incyte and InnoCare entered into a collaboration and license agreement for the development and commercialization of Tafasitamab.
Oncology Segment Revenue: $3.86B
Founded Year: 1781
Market Cap: $42.14B
Total Employees: ~47,000
Headquarters: Tokyo, Japan
Stock Exchange: NYSE
Takeda is a Japanese multinational biopharma company that is dedicated towards its main target areas including Oncology, Metabolic Disorders, Gastroenterology, Neurology, and Immunology. The net sale of the company’s Oncology segment was based on the sales of Velcade, Leuplin, Ninlaro, Adcetris, Iclusig, and Alunbrig among others. Takeda’s 2021 revenue increased by 2.7% vs 2020. On Oct’21, Takeda’s TAK-228 & TAK-659 were acquired by Calithera to enhance its pipeline of clinical-stage targeted therapies.
Oncology Segment Revenue: $5.33B
Founded Year: 1923
Market Cap: $25B
Total Employees: ~14,500
Headquarters: Tokyo, Japan
Stock Exchange: TYO
Astellas Pharma is a Japanese multinational pharma company committed to the development of novel therapies in therapeutic areas including Oncology, Nephrology, Urology, and Transplantation. Under the company’s Oncology segment, Xtandi had the most contribution to the total revenue. Astellas’ 2021 revenue improved by 15.9% vs 2020. On Jul’21 Astellas entered into a license agreement with ExCellThera for the in vivo use of the UM171 compound along with other molecules targeted towards the treatment of PSCs and PSC-derived cells.
Oncology Segment Revenue: $5.74B
Founded Year: 1876
Market Cap: $296.07B
Total Employees: ~35,000
Headquarters: Indiana, United States
Stock Exchange: NYSE
Eli Lilly is a global pharma company that develops, manufactures, and commercializes therapies across therapeutic areas including Oncology, Immunology, Neurodegenerative Diseases, and Endocrinology. Amongst the company’s Oncology segment, Alimta contributed the highest amount to its net revenue. Eli Lilly’s 2021 revenue increased by 8.1% vs 2020. On Jul’21, Eli Lilly and Kumquat entered into a collaboration to jointly discover, develop, and commercialize potential novel small molecules that stimulate tumor-specific immune responses.
Oncology Segment Revenue: $7.23B
Founded Year: 2013
Market Cap: $245.25B
Total Employees: ~ 50,000
Headquarters: New York, United States
Stock Exchange: NYSE
AbbVie is a biopharma company that delivers novel therapeutic products across therapeutic areas including Oncology, Immunology, Dermatology, and Virology. The total sale obtained by the company included the sales of Imbruvica and Venclexta. Abbvie’s 2021 revenue inclined by 8.7% vs 2020. On Feb’21, AbbVie entered into a collaboration and license agreement with Caribou for the research and development of CAR-T cell therapies.
Oncology Segment Revenue: $8.28B
Founded Year: 1980
Market Cap: $130.95B
Total Employees: ~24,200
Headquarters: California, United States
Stock Exchange: NASDAQ
Amgen is an American biopharma company focused on the development of products across key therapeutic areas including Oncology, Neurology, Immunology, Nephrology, and Inflammation. The products under the company’s Oncology segment include Kyprolis, Blincyto, Vectibix, Kanjinti, Mvasi, Xgeva, Neulasta, Neupogen, Lumakras, and Sensipar. Amgen’s 2021 revenue decreased by 0.5% vs 2020. On Jul’21, Amgen acquired all the outstanding shares of Teneobio for $2.5M.
Oncology Segment Revenue: $12.33B
Founded Year: 1849
Market Cap: $2.49B
Total Employees: ~79,000
Headquarters: New York, United States
Stock Exchange: NYSE
Pfizer is an American multinational pharma and biotechnology company that works in a wide range of therapeutic areas including Oncology, Immunology, Cardiology, Endocrinology, and Neurology. The highest contributing product under its Oncology segment was Ibrance, followed by Xtandi and Inlyta. Pfizer’s 2021 revenue escalated by 13.5% vs 2020. On Apr’21, Pfizer entered into a worldwide licensing agreement with Celcuity to jointly develop and commercialize Gedatolisib for the treatment of breast cancer.
Oncology Segment Revenue: $13.05B
Founded Year: 1999
Market Cap: $187.13B
Total Employees: ~83,100
Headquarters: Cambridge, United Kingdom
Stock Exchange: LON
AstraZeneca is a multinational pharma and biotech company that delivers products in therapeutic areas including Oncology, Cardiology, Gastrointestinal infections, and Inflammation. Tagrisso was the key player in its Oncology segment generating the total revenue. AstraZeneca’s 2021 revenue improved by 20.3% vs 2020. On Nov’21, AstraZeneca entered into a $3.5M collaborative research project with BioMark and Pfizer to enhance the efficiency of current lung cancer screening programs.
Oncology Segment Revenue: $14.54B
Founded Year: 1886
Market Cap: $431.37B
Total Employees: ~141,700
Headquarters: New Jersey, United States
Stock Exchange: NYSE
Johnson & Johnson (J&J) is an American multinational pharma company that provides treatment options for multiple therapeutic areas including Cardiovascular, Oncology, Immunology, and Endocrinology. Darzalex, Erleada, Imbruvica, and Zytiga are the products under its Oncology segment with Darzalex adding a great value ($6.02B) to the total revenue. J&J’s 2021 revenue increased by 17.6% vs 2020. In Jan’21 J&J entered into a collaboration with Revitope Oncology to jointly evaluate Revitope’s T cell engager technology platform.
Oncology Segment Revenue: $15.48B
Founded Year: 1996
Market Cap: $198.75B
Total Employees: ~108,000
Headquarters: Basel, Switzerland
Stock Exchange: SWX
Novartis is a Swiss multinational pharma company that provides treatment options for diseases including Oncology, Hepatology, Immunology, Dermatology, Musculoskeletal Diseases, Neuroscience, and Ophthalmology. The company’s Oncology segment includes products for the treatment of Hematology and Solid Tumors. Novartis’ 2021 revenue inclined by 5.2% vs 2020. On Feb’21, Novartis and BeiGene collaborated to jointly develop and commercialize Tislelizumab in North America, Europe, and Japan.
Oncology Segment Revenue: $19B
Founded Year: 1891
Market Cap: $220.07B
Total Employees: ~68,000
Headquarters: New Jersey, United States
Stock Exchange: NYSE
Merck is an American multinational pharma company involved in the development, manufacturing, and marketing of pharma products including Oncology, Infectious Diseases, Respiratory, and Immunology. Keytruda ($17.19B) was the key player in generating the total sales of the company’s net Oncology sales. Merck’s 2021 revenue was boosted by 20.1% vs 2020. In Aug’21 Merck entered into a clinical collaboration with Hookipa for the evaluation of HB-200 in patients with advanced head and neck cancer.
Oncology Segment Revenue: $22.45B
Founded Year: 1896
Market Cap: $281.66B
Total Employees: ~100,920
Headquarters: Basel, Switzerland
Stock Exchange: SWX
Roche is a Swiss multinational company dedicated towards providing therapeutic options across areas including Oncology, Immunology, Ophthalmology, Cardiovascular, and Respiratory. Amongst the Oncology segment of Roche, Perjeta had the highest contribution to the total revenue. Roche’s 2021 revenue declined by 14.8% vs 2020. On Aug’21, Roche entered into a cooperation agreement with Shanghai KeChow Pharma to jointly improve the commercialization of Zelboraf in China
Oncology Segment Revenue: $29.73B
Founded Year: 1887
Market Cap: $123.31B
Total Employees: ~32,200
Headquarters: New York, United States
Stock Exchange: NYSE
Bristol-Myers Squibb (BMS) is a pharma company that provides therapies for Oncology, Cardiovascular & Immunological diseases. Revlimid ($12.82B) and Eliquis ($10.76B) were among the company’s highest contributing Oncology products. BMS’ 2021 revenue was increased by 7.4% vs 2020. On Dec’21, BMS entered into a global exclusive license agreement with Immatics for the development of Immatics’ TCR Bispecific candidate IMA401.
Sources:
- Annual reports
- SEC filings
- Press releases
- Company websites
Market Cap Source: Google finance (8 Sep, 2022)
Currency Conversion: X-Rates (8 Sep, 2022)
Note:
- All revenues are reported in $B
Related Post: Top 20 Oncology Companies Based on 2020 Oncology Segment Revenue
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Shivani was a content writer at PharmaShots. She has a keen interest in recent innovations in the life sciences industry. She was covering news related to Product approvals, clinical trial results, and updates. We can be contacted at connect@pharmashots.com.