1 Merck KGaA MRK.DE $68.26B $157.12 −0.55% $0.87 DE 2 Takeda Pharmaceutical Company Limited TAK $58.71B $18.45 −1.39% $0.26 JP 3 Sun Pharmaceutical Industries Limited SUNPHARMA.BO $48.08B $20.08 +0.04% $0.01 — IN 4 Galderma Group AG GALD.SW $45.65B $195.75 −0.19% $0.37 CH 5 Jiangsu Hengrui Medicine Co., Ltd. 600276.SS $44.05B $6.91 +0.52% $0.04 CN 6 Teva Pharmaceutical Industries Limited TEVA $42.35B $36.36 −0.71% $0.26 IL 7 Haleon plc HLN $42.28B $9.60 −2.64% $0.26 GB 8 Jiangsu Hengrui Pharmaceuticals Co.,Ltd 1276.HK $39.74B $5.99 +0.95% $0.06 CN 9 Sandoz Group AG SDZ.SW $36.50B $84.36 −0.18% $0.15 CH 10 Zoetis Inc. ZTS $31.78B $75.81 −0.63% $0.48 US 11 Hansoh Pharmaceutical Group Company Limited 3692.HK $28.06B $4.63 +0.11% $0.01 CN 12 Divi's Laboratories Limited DIVISLAB.BO $26.23B $98.35 +2.25% $2.17 IN 13 Torrent Pharmaceuticals Limited TORNTPHARM.BO $19.83B $51.93 +1.30% $0.67 IN 14 Viatris Inc. VTRS $19.66B $16.88 −0.35% $0.06 US 15 PharmaEssentia Corporation 6446.TW $17.35B $42.07 +1.15% $0.48 TW 16 Shionogi & Co., Ltd. 4507.T $16.22B $19.06 +1.17% $0.22 JP 17 Ipsen S.A. IPN.PA $15.74B $190.50 −0.55% $1.05 FR 18 Yunnan Baiyao Group Co.,Ltd 000538.SZ $13.47B $7.55 −0.88% $0.07 CN 19 Elanco Animal Health Incorporated ELAN $12.24B $24.50 +0.35% $0.09 US 20 Zydus Lifesciences Limited ZYDUSLIFE.BO $12.23B $12.21 +3.03% $0.36 IN 21 Zhejiang NHU Company Ltd. 002001.SZ $12.16B $3.96 −1.30% $0.05 CN 22 Cipla Limited CIPLA.BO $12.00B $14.76 +0.79% $0.12 IN 23 Laurus Labs Limited LAURUSLABS.NS $10.72B $19.84 +1.99% $0.39 IN 24 Lupin Limited LUPIN.NS $10.17B $22.25 −0.24% $0.05 IN 25 Mankind Pharma Limited MANKIND.BO $10.14B $24.54 −0.28% $0.07 IN 26 Aurobindo Pharma Limited AUROPHARMA.NS $10.10B $17.55 +0.42% $0.07 IN 27 Dr. Reddy's Laboratories Limited RDY $9.97B $11.97 −0.50% $0.06 IN 28 Krka, d. d. KRK.WA $9.15B $302.29 −1.75% $5.40 SI 29 Shanghai Fosun Pharmaceutical (Group) Co., Ltd. 600196.SS $8.92B $3.38 +1.39% $0.05 CN 30 Eisai Co., Ltd. 4523.T $8.47B $30.01 −1.30% $0.40 JP 31 Alkermes plc ALKS $7.73B $46.10 −1.66% $0.78 IE 32 Glenmark Pharmaceuticals Limited GLENMARK.BO $7.52B $26.02 +1.44% $0.37 IN 33 Huadong Medicine Co., Ltd 000963.SZ $7.12B $4.06 −0.62% $0.03 CN 34 Alkem Laboratories Limited ALKEM.NS $6.63B $55.41 +1.01% $0.55 IN 35 Lantheus Holdings, Inc. LNTH $6.57B $100.97 −0.01% $0.01 US 36 H. Lundbeck A/S HLUN-A.CO $6.17B $6.75 −1.14% $0.08 DK 37 China Resources Sanjiu Medical & Pharmaceutical Co., Ltd. 000999.SZ $6.13B $3.68 −0.92% $0.03 CN 38 Amneal Pharmaceuticals, Inc. AMRX $5.57B $17.44 −2.41% $0.43 US 39 Apotex Health Corp. APTX.TO $5.56B $24.34 +1.85% $0.44 CA 40 Ipca Laboratories Limited IPCALAB.BO $5.29B $20.71 −0.30% $0.06 IN 41 Shenzhen Salubris Pharmaceuticals Co., Ltd. 002294.SZ $5.21B $4.68 −0.32% $0.01 CN 42 Gland Pharma Limited GLAND.NS $5.19B $31.44 +1.43% $0.44 IN 43 Sumitomo Pharma Co., Ltd. 4506.T $4.70B $10.48 −2.09% $0.22 JP 44 Ajanta Pharma Limited AJANTPHARM.NS $4.64B $37.14 +1.41% $0.52 IN 45 Humanwell Healthcare (Group) Co.,Ltd. 600079.SS $4.60B $2.82 +0.69% $0.02 CN 46 Hikma Pharmaceuticals PLC HIK.L $4.53B $21.66 +0.44% $0.09 GB 47 Yuhan Corporation 000105.KS $4.52B $51.96 +0.00% $0.00 KR 48 Dong-E-E-Jiao Co.,Ltd. 000423.SZ $4.51B $7.05 −2.66% $0.19 CN 49 Hanmi Pharm. Co., Ltd. 128940.KS $4.48B $353.46 +0.42% $1.49 KR 50 Indivior Pharmaceuticals Inc INDV $4.36B $34.94 +0.32% $0.11 US 51 Aspen Pharmacare Holdings Limited APN.JO $4.26B $9.60 +2.05% $0.19 ZA 52 Emcure Pharmaceuticals Ltd. EMCURE.NS $3.86B $20.37 −0.04% $0.01 IN 53 Apeloa Pharmaceutical Co.,Ltd 000739.SZ $3.86B $3.33 −0.22% $0.01 CN 54 Siegfried Holding AG SFZN.SW $3.77B $85.98 −1.35% $1.17 CH 55 Livzon Pharmaceutical Group Inc. 000513.SZ $3.60B $4.05 +1.46% $0.06 CN 56 Hubei Jumpcan Pharmaceutical Co., Ltd. 600566.SS $3.54B $3.84 +0.00% $0.00 CN 57 Zhejiang Huahai Pharmaceutical Co., Ltd. 600521.SS $3.52B $2.35 −1.50% $0.04 CN 58 Laboratorios Farmaceuticos Rovi, S.A. ROVI.MC $3.49B $68.33 −0.93% $0.64 ES 59 Regencell Bioscience Holdings Limited RGC $3.41B $6.89 +6.33% $0.41 HK 60 China Medical System Holdings Limited 0867.HK $3.40B $1.40 −0.63% $0.01 HK 61 Jiangsu Nhwa Pharmaceutical Co., Ltd. 002262.SZ $3.35B $3.30 −2.08% $0.07 CN 62 Tasly Pharmaceutical Group Co., Ltd 600535.SS $3.26B $2.18 −0.75% $0.02 CN 63 Jilin Aodong Pharmaceutical Group Co., Ltd. 000623.SZ $3.24B $2.71 −1.73% $0.05 CN 64 Guangdong Zhongsheng Pharmaceutical Co., Ltd. 002317.SZ $3.18B $3.74 +1.58% $0.06 CN 65 Hypera S.A. HYPE3.SA $3.17B $4.51 +1.89% $0.08 BR 66 Walvax Biotechnology Co., Ltd. 300142.SZ $3.12B $1.95 +0.62% $0.01 CN 67 Neuland Laboratories Limited NEULANDLAB.BO $3.11B $241.76 +0.84% $2.01 IN 68 Hybio Pharmaceutical Co., Ltd. 300199.SZ $3.09B $3.50 +2.67% $0.09 CN 69 Piramal Pharma Limited PPLPHARMA.NS $3.08B $2.32 +2.54% $0.06 IN 70 Betta Pharmaceuticals Co., Ltd. 300558.SZ $3.05B $7.21 −1.39% $0.10 CN 71 Tianjin Pharmaceutical Da Ren Tang Group Corporation Limited 600329.SS $3.02B $5.30 −1.31% $0.07 CN 72 Harbin Pharmaceutical Group Co., Ltd. 600664.SS $3.01B $1.19 +2.83% $0.03 CN 73 Shanghai Haoyuan Chemexpress Co., Ltd. 688131.SS $2.83B $13.29 +0.25% $0.03 CN 74 Alvotech ALVOW $2.79B $0.30 −6.25% $0.02 LU 75 Chengdu Kanghong Pharmaceutical Group Co., Ltd 002773.SZ $2.77B $3.01 −0.74% $0.02 CN 76 Almirall, S.A. ALM.MC $2.63B $12.10 −0.19% $0.02 ES 77 Curaleaf Holdings, Inc. CURLF $2.62B $9.92 +3.98% $0.38 US 78 Joincare Pharmaceutical Group Industry Co.,Ltd. 600380.SS $2.61B $1.42 +4.15% $0.06 CN 79 Jamjoom Pharmaceuticals Factory Company 4015.SR $2.55B $36.48 +0.00% $0.00 SA 80 Supernus Pharmaceuticals, Inc. SUPN $2.53B $43.53 −1.00% $0.44 US 81 China Resources Double-Crane Pharmaceutical Co.,Ltd. 600062.SS $2.50B $2.41 +0.69% $0.02 CN 82 HUTCHMED (China) Limited HCM $2.46B $14.09 −0.14% $0.02 HK 83 Bausch Health Companies Inc. BHC $2.45B $6.56 −2.96% $0.20 CA 84 ApicHope Pharmaceutical Co., Ltd 300723.SZ $2.43B $5.37 +1.07% $0.06 CN 85 Tonghua Golden-Horse Pharmaceutical Industry Co,Ltd 000766.SZ $2.42B $2.50 +1.82% $0.04 CN 86 Shandong Buchang Pharmaceuticals Co., Ltd. 603858.SS $2.33B $2.21 −0.27% $0.01 CN 87 Granules India Limited GRANULES.BO $2.28B $9.16 +1.91% $0.17 IN 88 Caplin Point Laboratories Ltd. CAPLIPOINT.BO $2.26B $29.74 +0.12% $0.03 IN 89 Dermapharm Holding SE DMP.DE $2.22B $44.83 −2.65% $1.22 DE 90 China Resources Jiangzhong Pharmaceutical Co.,Ltd 600750.SS $2.20B $3.47 −0.94% $0.03 CN 91 Fujian Cosunter Pharmaceutical Co., Ltd. 300436.SZ $2.16B $13.57 +1.25% $0.17 CN 92 The United Laboratories International Holdings Limited 3933.HK $2.11B $1.07 +0.72% $0.01 HK 93 Shenzhen Kangtai Biological Products Co., Ltd. 300601.SZ $2.10B $1.88 +0.24% $0.00 CN 94 Perrigo Company plc PRGO $2.06B $14.92 +4.56% $0.65 IE 95 Trulieve Cannabis Corp. TRLV $2.06B $12.11 +1.00% $0.12 US 96 Zhejiang Hisun Pharmaceutical Co., Ltd. 600267.SS $2.05B $1.73 −0.26% $0.00 CN 97 Fagron N.V. ARSUF $2.02B $27.50 +0.00% $0.00 BE 98 Fujian Haixi Pharmaceuticals Co., Ltd. 2637.HK $2.00B $25.44 +0.05% $0.01 CN