In contrast to pharmaceutical companies, Nashville, Tenn.-based HCA Healthcare, one of the five major for-profit hospital systems that had the largest profit in the third quarter of 2018, reported a profit of $759 million. And Anthem, one of the largest insurers, saw a profit of $960 million in the third quarter.
Here are the 14 pharma companies that posted at least a $1 billion profit:
1. Pfizer ($4.1 billion)
2. Johnson & Johnson ($3.9 billion)
3. AbbVie ($2.75 billion)
4. Sanofi ($2.59 billion)
5. Gilead ($2.1 billion)
6. Merck ($1.95 billion)
7. Bristol Myers-Squibb ($1.9 billion)
8. Amgen ($1.86 billion)
9. GlaxoSmithKline ($1.84 billion)
10. Novartis ($1.62 billion)
11. Biogen ($1.44 billion)
12. Novo Nordisk ($1.38 billion)
13. Eli Lilly ($1.15 billion)
14. Celgene ($1.08 billion)
More articles on pharmacy:
CVS Health posts $1.4B profit, expects Aetna deal to close by Thanksgiving
Takeda inches closer to $62B takeover of Shire
Massachusetts drugmaker will cut 60% of workforce after failed drug trial
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.