The world's three biggest pharmaceutical giants

The world's three largest pharmaceutical giants are Pfizer, Novartis and Merck Sharp & Dohme.

1, Pfizer

Pfizer is one of the world's largest biopharmaceutical companies, headquartered in the United States. Founded in 1849, the company's main products include chemical drugs, vaccines, biologics and other health fields. Pfizer has extensive business coverage worldwide, including research and development, manufacturing and sales.

2. Novartis

Novartis is a global multinational company in the pharmaceutical and healthcare industry, headquartered in Basel, Switzerland. Novartis has a diversified portfolio of businesses covering a wide range of areas including innovative patented medicines, eye care, generics, consumer healthcare and vaccines and diagnostics, and is a world leader in all of them.

3. Merck Sharp & Dohme

Merck Sharp & Dohme is the world's leading multinational scientific research-based pharmaceutical company dedicated to medical research, development, and marketing of innovative products for human and veterinary medicine. The company was founded in 1851 and is a pharmaceutical company with a long history. Merck Sharp & Dohme produces not only human medicines, but also animal medicines and animal health products, and is committed to improving the health of people and animals.

China's pharmaceutical industry presents the following characteristics:

1. Intense market competition. With the increasing number of pharmaceutical enterprises, the market competition is becoming more and more intense, each enterprise in order to compete for market share, constantly price war and channel war.

2, the quality of drugs has been improved. With the continuous strengthening of drug quality supervision, the quality of drugs has been improved.

3, the pharmaceutical market continues to expand. With the continuous improvement of people's living standards, people's demand for health is also increasing, the pharmaceutical market is also expanding.

4, pharmaceutical technology will continue to progress. With the continuous progress of pharmaceutical technology, the quality and efficacy of drugs will continue to improve, which will further promote the development of the pharmaceutical market.

5, the pharmaceutical industry will usher in more opportunities. With the continuous expansion of the pharmaceutical market and the continuous progress of pharmaceutical technology, the pharmaceutical industry will usher in more opportunities.

Reference: Baidu Encyclopedia-Pfizer

Reference: Baidu Encyclopedia-Novartis

Reference: Baidu Encyclopedia-Merck Sharp & Dohme