In 2022, 161 pharmaceutical and biotechnological companies were classified in the leading 1,000 companies in the European Union. France had the highest number of leading pharmaceutical and biotechnological companies in that year, with 36 companies listed.
Leading markets
Despite not having the highest amount of leading pharma companies in Europe, Germany was the leading pharmaceutical market in Europe with total revenues of more than 52 billion euros in 2022. France and Italy followed with revenues of around 41 billion and 35 billion euros, respectively. The United Kingdom and Spain are the next big European markets.
Development in pharmaceuticals in Europe
In 2022, over 1,900 pharmaceutical patents were granted by the European Patent Office. Interestingly, the country with the highest number of European pharmaceutical patents granted was the United States at 679, followed by 136 patents granted to Japanese companies.
