20 Best Generic Drug Manufacturers In 2024
Generic Drugs are prescription drugs containing same active ingredients to that of original and branded drugs. They are effective,easily accessible and have reasonable price due to which their demand is rapidly increasing by every passing day. Also, the COVID-19 pandemic has pushed the countries to look for market that provide cost-effective drugs.
Therefore, pharmaceutical companies around the world are doing their best to meet this global demand by producing standard quality generic drugs and promoting their circulation. This article is carrying relevant content to help you know the Best Generic Drugs Manufacturers In 2023. It is going to be interesting for you to explore the vast number of drugs produced by these manufactures in low cost with same effects of branded drugs having high prices. So, let's get started!
| Rank | Drug Name | Company | Sales |
| 1 | Johnson & Johnson | New Jersey, USA | $98 billion |
| 2 | Sanofi | Paris France | $47.8 billion |
| 3 | Abbott Laboratories | Chicago, USA | $43.7 billion |
| 4 | GSK | Brentford, UK | $36.171 billion |
| 5 | Boehringer Ingelheim | Germany | $24.1 billion |
| 6 | Viatris | Pennsylvania, USA | $16.3 billion |
| 7 | Teva Pharmaceutical | Israel | $14.9 billion |
| 8 | Sandoz | Basel, Switzerland | $9.2 billion |
| 9 | Sun Pharmaceutical | Mumbai, India | $5.2 billion |
| 10 | Pfizer | New York, United States | $4.5 billion |
| 11 | Dr.Reddey’s Laboratories | India | $2.92 billion |
| 12 | Apotex Pharma | Toronto, Canada | $2.7 billion |
| 13 | Aspen Pharmacare | Durban, South Africa | $2.21 billion |
| 14 | AmnealPharmaceautical | USA | $546 million |
| 15 | Fresenius Kabi | Bad Homburg, Germany | €4.997 million |
| 16 | Stada Arzneimittel | Bad Vilbel, Germany | €3,797.2 million |
| 17 | Hikma Pharmaceuticals | London, UK | €2,517 million |
| 18 | Aurobindo Pharma | Hyderabad, India | 234 billion Indian rupees |
| 19 | Cipla | India | 217 billion Indian Rupees |
| 20 | Lupin | Mumbai, India | 162 billion Indian rupees |
1.Johnson
Location: New Jersey, USA
Revenue: $98 billion
Company Profile
Johnson & Johnson is the world's famous and largest multinational corporation engaged in the manufacturing of drugs, medical devices and consumer healthcare products. It was established in the year 1886 as a developer of innovative drugs to cure unforeseen diseases. In 2004, the company decided to make authorized generic drugs under its division Patriot Pharmaceuticals. By expanding production line, Johnson & Johnson is now delivering both branded and generic drugs for immunology, neuroscience, oncology and cardiovascular diseases.
Drugs
- Risperidone Oral Solution, 1mg/ mL
- ITRACONAZOLE CAP 100MG
- Galantamine ER Capsules
2.Sanofi
Location: Paris France
Revenue: $47.8 billion
Company Profile
In 1970, a pharmaceutical company was established in France with the name Synthélabo. Later, in 1963, the company formed basis of Sanofi in 1973 and from that time, Sanofi is providing its services to the entire globe. For bringing the affordable as well as quality drugs, in 1993, Sanofi founded an independent firm with name Winthrop under its business. It was assigned the task of producing generic drugs with having equal benefits and influence to those branded drugs made by Sanofi.
Drugs
- Irbesartan Hydrochlorothiazide Tablets
- Sevelamer Carbonate Powder Packets
- Enoxaparin Sodium Injection
3. Abbott Laboratories
Location: Chicago, USA
Revenue: $43.7 billion
Company Profile
Abbott Laboratories is the most experienced and old pharmaceutical industry founded by a physician Dr. Wallace C. Abbott in USA, for producing drugs to various diseases. With over 135 years of service, Abbott Laboratories has established various units of producing generic drugs, medical devices, nutritional products and diagnostic products working in different regions of the world. Among its generic drugs list, Humira injection is the most famous one for treating arthritis.
Drugs
- ABOCAIN SPINAL®
- ABOCRAN®
- ABOCAL®
4.GSK
Location: Brentford, UK
Revenue: $36.271 billion
Company Profile
GlaxoSmithKline GSK, is healthcare industry established for carrying research and development on pharmaceutical products. It was founded on 27, December 2000, in United Kingdom. The company is known for its outclass generic drugs for HIV AIDS, respiratory disorder and diseases related to oncology and immunology. GSK has the highest number of 70,000 working employees who are providing their contributions to patients in over 115 countries. This dedication has a clear picture in the annual revenue of GSK which was recorded $36.271 billion in 2022.
Drugs
- Augmentin 375 mg Tablet 20pcs
- Beconasebeclomethasone
- Cutivatefluticasone propionate
5.Boehringer Ingelheim
Location: Germany
Revenue: 24.1 billion euros
Company Profile
Boehringer Ingelheim is one of the largest pharmaceutical companies originated in 1885, in Germany. It is regulating several other pharmacies under its administration. It is engaged in producing human as well as animal health products. Its working field include area of respiratory diseases, oncology, retinal health and immunology. The company's overall performance is depicted by its highest generic drugs revenue of 24.1 billion euros which was recorded in the year 2022.
Drugs
- Boehringer Ingelheim Aggrenox Capsules
- Combivent® Respimat® (ipratropium bromide and albuterol) inhalation spray
- Gilotrif® (afatinib) tablets
6.Viatris
Location: Pennsylvania, USA
Revenue: $16.3 billion
Company Profile
Viatris came into existence in 2020 by the merger of Pfizer's generic drugs division Upjhon and an experienced pharmaceutical company Mylan. The purpose behind establishing this independent firm was to expand the access of highly quality advance drugs to people around the world, especially located in Third World countries. Both collaborators are greatly utilizing their strength on well-known international brands including CELEBREX®, VIAGRA®, LIPITOR® and others. These efforts are no doubt leading to a healthier human life and in turn the company is rewarded with $16.3 billion sales revenue every year.
Drugs
- LEGALON® FORTE
- Carelastin
- Azitromicina
7.Teva
Location: Israel
Revenue: $14.9 billion
Company Profile
Teva was formed in 1901, in Jerusalem as a small business of distributing imported drugs through animal caravans. Soon, it started working on making prescribed medicines and became the epicenter for thousands of employees from different continents. The company's core working area is generic drugs and biopharmaceuticals. With the dedicated family of 37,000 employees, Teva Pharmaceutical has achieved major milestone of providing 3,500 products to over 200 million patients located in 60 countries.
Drugs
- ADIPEX-P® (phentermine hydrochloride USP) Capsules and Tablets, C-IV
- ACTIQ® (fentanyl citrate) oral transmucosal lozenge, C-II
- NUVIGIL® (armodafinil) Tablets, C-IV
8.Sandoz
Location: Basel, Switzerland
Revenue: $9.2 billion
Company Profile
Sandoz is one of the world's leading manufacturers of generic drugs, located in Basel, Switzerland. Its history can be trace back to 2003, when a renowned international pharmaceutical company, Novartis founded separate division for producing generic drugs. Since that time, the company is in struggle to provide high-quality affordable generic drugs. It is contributing global patients with more than 500 million drugs every year. Today, Sandoz is successfully earning the total $10 billion revenues from generic drugs.
Drugs
- ALBUTEROL SULF 90MCG/DOS 200DOS 1ASP US
- Beovu®
- Aimovig®
9.Sun Pharma
Location: Mumbai, India
Revenue: $5.2 billion
Company Profile
Founded in 1983, Sun Pharma is becoming one of the most prominent and excellent supplier of generic drugs based in India. Since formation, the company is in struggle produce low cost medicines without comprising their quality. Its flourishing annual sales revenue is the result of making medicines, vaccines, injection dosage and inhalers. With hardworking team of approximately 35,000 employees, Sun Pharma is contributing its services in 100 countries.
Drugs
- favipiravir
- Tramadol
- CEPHODEM 100 SYP - Davai24
10.Pfizer
Location: New York, United States
Revenue: $4.5 billion
Company Profile
Pfizer is one of the world's oldest multinational pharmaceutical corporation linked with manufacturing medicines, vaccines and other drugs. Later in 2015, Pfizer acquired Hospira to expand its production, $4.5Bon by making generic drugs. Hospira is specialized in producing injectable drugs and infusion technologies for curing over 145 diseases. Its large number of generic sales is the result of additional revenue of $4.5 billion for Pfizer.
Drugs
- Paclitaxel Injection, USP
- Naloxone
- Propofol
11.Dr. Reddy's
Location: India
Revenue: $2.94 billion
Company Profile
Doctor Reddy's Laboratories was originated in the year 1984, in India. The company is famous for its effective generic drugs, branded drugs, biosimilars and pharmaceutical products. It produces drugs for treating the disorders of major areas including oncology, cardiovascular, dermatology and therapies. Up till now, the company has attained global recognition in 66 countries through launching their multinational pharmaceutical units. This is how Dr. Reddy's Laboratories is generating $2.83 billion revenue every year. The ongoing rapid manufacturing of standard quality drugs has fueled the firm's ambition to reach around 1.5 billion patients by 2030.
Drugs
- Pyrimethamine Tablets USP, 25 mg
- RozatRosuvastatin Tablet
- EMTRICITABINA/TENOFOVIR DISOPROXILO DR. REDDYS 200 MG/245 MG
12.Apotex
Location: Toronto, Canada
Revenue: $2.7 billion
Company Profile
Apotex Pharmaceutical is the Canada's largest generic drugs manufacturers founded in 1974. The company has produced more than 300 generic drugs low to high dosages. Their generics are applicable to wide range of diseases including cancer, diabetes, blood pressure and similar other disorders. Currently, with the help of 10,000 talented employees Apotex Pharmaceutical is delivering its key generics in 115 countries and generating $2.7 billion sales revenue every year.
Drugs
- Cefazolin for Injection
- Bisoprolol
- Candesartan
13.Aspen
Location: Durban, South Africa
Revenue: $2.21 billion
Company Profile
Aspen is a public multinational firm established in 1997, in South Africa. It is famous for producing quality generic drugs from the prescription of branded drugs. Its core concern is to make the drugs accessible to all humans. That's why, it has gained expertise to develop drugs of both commercial and regional brands. Aspen's portfolio mainly comprised of prophylaxis, pulmonary embolism and acute coronary syndrome treatment. The company is operating its business under 23 sites facilities located in 6 different continents.
Drugs
- Eltroxin
- Naropin
- Orgaran
14.Amneal
Location: USA
Revenue: $546 million
Company Profile
Amneal Pharmaceuticals is leading the medical industry in developing advance generic drugs. Headquartered in USA, Amneal Pharmaceuticals was formed by Indian-Ametican bothers Chirag and Chintu Patel in 2002. In 2006, the company was approved by FDA, when it prepared the first prescribed generic drug. Its portfolio consists of developing medicines, injectables, softgels, vaccines and transdermals which are critical to manufacture. Up till now, Amneal Pharmaceuticals has generated 250 drugs for diverse range of therapeutic categories. With presence in USA, India and Ireland, the company is generating 546 million revenue every year.
Drugs
- Clobazam
- DOXEPIN HYDROCHLORIDE capsule
- RYTARY- levodopa and carbidopa capsule
15.Fresenius Kabi
Location: Bad Homburg, Germany
Revenue: €4,997 million
Company Profile
Fresenius Kabi was built by combining the Fresenius Group's Pharma division and Pharmacia & Upjohn in 1999, in Germany. The company is delivering high quality infusions solutions to world's famous pharmacies and hospitals. There generic drugs are most affordable and covering extensive range of diseases renal insufficiency, liver insufficiency, maldigestion and diabetes mellitus. The company's firm dedication to enhance its portfolio and work on making standard injectables is the reason for its 53 branches located worldwide.
Drugs
- Clofarabine Injection
- Pentamidine isethionate
- Adenosine Injection, USP
16.Stada
Location: Bad Vilbel, Germany
Revenue: €3,797.2 million
Company Profile
Stadia Arzneimittel was originated in 1895 as a corporate pharmacy. After the separation of German territories in second world war, it became a separate pharmaceutical company in 1948. The company has high experience in manufacturing generic drugs for broad category of illnessess. For instance, its drugs can be used for sleep disorder, kidney disease, prevent infection and fungi etc. Up till now, the company has successful record of selling its advance generic drugs in approximately 120 countries.
Drugs
- Lipitor
- omeprazole
- diclofenac
17.Hikma
Location: London, United Kingdom
Revenue: €2,517 million
CompanyProfile
Hikma Pharmaceuticals is an international developer of branded and non-branded drugs since 1978. It was established to promote the accessibility of high-quality, affordable drugs to mankind. It has launched prefilled injections, tablets, capsules and vaccines especially during COVID-19. Up till now, Hikma has brought over 760 products on the market based on 32 manufacturing plants and 8 R&D centers worldwide.
Drugs
- Acarbose
- diazepam
18.Aurobindo
Location: Hyderabad, India
Revenue: 234 billion Indian rupees
Company Profile
Headquartered in Hyderabad, India, Aurobindo Pharma was formed in 1986. In 1992, the company started working on therapeutic segments along with its Semi-Synthetic Penicillins manufacturing. Its generic drugs are highly qualified to cure, immunodeficiency, gastroenterology, neuronal diseases and severe pain. With rapid development, the company has been successful in starting operational units South Africa, Brazil, Hong Kong, Portugal and Colombia among others. Today, its annual revenue hits the highest figure of 234 billion Indian rupees.
Drugs
- Abacavir
- Acetaminophen and codeine
- Cefixime
19.Cipla
Location: India
Revenue: 217 billion Indian Rupees
Company Profile
Similar to Sun Pharmaceutical, Cipla is also a multinational pharmaceutical company established in 1935, to conduct research on medicines. The company has a clear purpose of manufacturing drugs which are accessible to all. This vision led Cipla to supply over 1500 different products to the market. Its portfolio consists of dealing HIV/AIDS, oncology, respiratory therapies and particularly Cipla generics which was started from 1999. It is the result of Cipla's brilliant performance that its presence can be found in Australia, Spain, Uganda, South Africa, Europe and other areas.
Drugs
- EASYLAX ®
- Easylax L
- Cefixime Tablets
20.Lupin
Location: Mubmai, India
Revenue: 162 billion Indian rupees
Company Profile
Lupin Pharma is an Indian pharmaceutical company founded by Desh Bandhu Gupta in 1968 with very limited resources in hand. Right after establishment, the company was focused on improving mother and child health. Gradually, with strong determination and consistency the company expanded its production and was able to work on new segments including cardiovascular system, neurology, HIV AIDS, urology and several other fields. Currently, Lupin is delivering simple to complex generic drugs through global sites in UK, USA, Germany, Philippines, Mexico, Brazil and Australia.
Drugs
- Lisinopril
- Amlodipine
- Albuterol Sulfate
Conclusion
Generic drugs are the inevitable need of every disease which cannot be denied. The above description about the best generic drugs manufacturers in 2023 shows that world is still focused on using generic drugs on large scale. Even there is no pharmaceutical company that feel stagnation to produce generic drugs. It is what give to their industries economic uplift by generating additional revenue. You can get further information about generic drugs and their manufacturers through queries.
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