What percentage of industry output is accounted for by the four largest drug manufacturers? a

Marketing Jan 15, 2021

What percentage of industry output is accounted for by the four largest drug manufacturers?

a. 35%

b. 45%

c. 50%

d. 60%

Expert Solution

The best answer here is c. 50%

The largest drug companies in the global market are Johnson & Johnson, Roche, Pfizer, and Novartis. They collectively accounted for $243.96 billion in revenues in 2018 out of roughly $500 billion in revenue for the mainstream industry.

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