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  • COVID-19 pandemic crushes Big Pharma sales in Q2
  • by An, Kyung-Jin | translator Byun Kyung A | Aug 4, 2020 05:54am
Top 13 global pharmaceutical companies show underwhelming sales in the first half of the year
10 out of 13 take a fall in second quarter sales, J&J and others see two-digit percent drop
 ¡ã Top 13 global pharmaceutical companies and their second quarter sales growth (Unit: %) Source: respective companies

Heavily impacted by COVID-19 pandemic, the Big Pharma¡¯s second quarter performances have been underwhelming to say the least. As the World Health Organization (WHO) declared the COVID-19 pandemic on Mar. 11, the number of confirmed cases in the U.S. and Europe has exponentially surged and created a gap in pharmaceutical prescription.

Based on the analysis of top 13 global pharmaceutical companies and their sales performances on Aug. 3, Daily Pharm found the gross sales of those companies in last two quarters have reached USD 130.06 billion (approximately 15.53 trillion won) which was 4.3 percent less 135.63 billion dollars made in last year same time. The cumulative sales in the first six months marked 266.26 b
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