Despite growth of biologic drugs, medicines based on small molecules remain important in the treatment of all types of diseases such as oncology disorders, infectious diseases, blood diseases, and cardiovascular diseases. Small molecule injectable drugs are often necessary for the treatment of patients. Advantages of small molecule injectable drugs over biologics.
The global Small Molecule Injectable Drugs Market is estimated to be valued at U.S. $ 188.9 Billion in 2022 and is expected to exhibit a CAGR of 7.9% during the years (2022-2030)
Leading Companies in the Small Molecule Injectable Drugs Industry:
1) Merck & C. Inc
Merck, is a pharmaceutical institution based in America. The company’s headquarters are situated in Rahway, New Jersey. The company gets its name from Merck Group that was established in Germany in the year 1668. In the year 2022 the company ranked 71st in the Fortune 500 companies list. And based on the revenues of 2021 it took the place as 87th in the Forbes Global 2000.
In September 2022, Merck announced its plans of acquiring Vence, a livestock management company, incorporating it within Merck Animal Health.
2) Pfizer Inc.
Pfizer Inc. is a pharmaceutical and biotechnology company based in America. It was founded in the year 1849. Pfizer manufactures and produces vaccines and medicine related to oncology, neurology, cardiology, and immunology. The corporation has produced various products that yield more than US$1 billion in annual revenue.
The company ranked 64th on the Fortune 500 and 49th on the Forbes Global 2000. The headquarters are located in New York City, U.S. and the products manufactured are sold worldwide. The company was founded by Charles Pfizer and Charles F. Erhart.
As of January 2023, Pfizer Inc. and Abzena have entered into an agreement under which Pfizer will be acquiring Abzena’s manufacturing facility in Sanford, North Carolina.
3) Johnson & Johnson services
Johnson & Johnson is a Pharmaceutical industry and a medical technological industry founded in the year 1886. The company was founded by Robert Wood Johnson, James Wood Johnson, Edward Mead Johnson. Its headquarters are located in New Brunswick, New Jersey, U.S. The company has globally sold products worth $93.8 billion during 2021. The company has 250 subsidiaries.
In December 2022, Johnson & Johnson Completed the acquisition of Abiomed Inc. a medical technology company that provides circulatory and oxygenation support.
4) GlaxoSmithKline GSK plc.
GSK Plc. Is a British Multinational pharmaceutical and biotechnology company founded in the year 2000. The headquarters are located in London, England, UK. GlaxoSmithKline is the tenth largest pharmaceutical company and has ranked 294th on the 2002 Fortune Globes 500. The company was founded by Joseph Nathan. The company manufacture products for major diseases like asthma, cancer, infections and mental health.
In April 2022, the company announced its plans of acquiring Sierra Oncology Inc. for U.S$ 1.9 Billion. In May 2022, GSK announced it would acquire Affinivax and its phase II 24- Valent pneumococcal vaccine candidate for up to $3.3 Billion.
5) Sanofi S.A.
Sanofi S.A. is a multinational pharmaceutical company that engages in the research and development, of pharmacological products, in the prescription market. The firm cover therapeutic areas like Cardiovascular, central nervous system, diabetes, internal medicine. The company was founded in 973 and the headquarters are located in Paris, France. Products manufactured include Medications, Genetic drugs, Vaccines, Animal Health, etc.
In December, 2022 Sanofi expanded its collaboration with Innate Pharma, with Sanofi licensing a natural killer (NK) cell nagger program targeting B7H3 from Innate’s ANKET platform.
6) Hoffman-La Roche AG
Hoffman-La Roche AG, commonly known as Roche, is a Swiss multinational healthcare company known for operating worldwide. Roche is the fifth largest pharmaceutical company in the world by revenue, and also the leading provider of cancer treatments globally. The company was founded in the year 1896, and the headquarters are located in Basel, Switzerland. The company was founded by Fritz Hoffmann-La Roche.
In March 2021, Roche announced its plans of acquiring GenMark Diagnostics for U.S. $ 1.8 Billion. In September 2021, the company announced it would acquire German Biotech Group, TIB Molbiol.
7) AstraZeneca Plc.
AstraZeneca Plc. Is a multinational pharmaceutical and biotechnology company. The company is known for manufacturing products for major diseases like Oncology, Cardiovascular, Infection, Respiratory and Inflammation. Apart from that, it has also been a part of developing the Oxford-AstraZeneca Covid-19 vaccine. The company was founded in 1999 and the headquarters are located in Cambridge, England, UK.
In July of 2021 AstraZeneca completed the acquisition of Alexion Pharmaceuticals, Inc. In January of 2023, AstraZeneca also announced its plans to acquired CinCor a biopharmaceutical company based in the U.S.
8) Amgen Inc.
Amgen Inc. (Applied Molecular Genetics Inc.) is a biopharmaceutical company based in America. It is one of the world’s largest biotechnology company. The company was founded in the year 1980 on the 8th of April. The headquarters are located in Thousand Oaks, California, U.S. The company sells its products worldwide and some of them include Aimovig, Enbrel, Prolia, Xgeva, Nplate etc. The company was founded by William K.
In August 2022, Amgen agreed to acquire ChemoCentryx, a company that makes Tavneos, a drug treatment for rare diseases. Amgen acquired the company for US$ 3.7 Billion.
