There has been a significant increase in revenue of Australian Pharmaceutical Industries (API) in recent years and it was 3450 million Australian dollars in 2015 which has now increased to approximately 4,010.7 million Australian dollars in 2019. From this figure, it is clearly visible how important pharmaceutical companies are for the country.
With $10 billion in medicinal drugs and vaccines output every year and investing more than half a billion dollars in the field of medical research and development per year, Australia is certainly well-placed to capitalize on the growth of the global medicine market.
Australia has sufficient infrastructure for world-class medical research, highly skilled labor force, reputed medical companies around the world, and high-quality medicines and vaccines. As such it will not be wrong to say that the Pharmaceutical Companies in Australia will be able to double the export of medicines or vaccines by the year 2024.
In this article, we have come up with some top Pharmaceutical Companies in Australia that are already set for meeting the increasing demand for advanced healthcare products, medicinal drugs, and vaccines.
1. Sanofi Australia
Sanofi is among top most Pharmaceutical Companies in Australia. Sanofi is a leader in the healthcare industry and with more than 100,000 employees and presence in 100 countries the company has really transformed the scientific innovation into the healthcare solution across the world.
It has its headquarter in Sydney and state-of-the-art laboratories and manufacturing units throughout the country including Auckland, Perth, Melbourne, and Adelaide. At Sanofi, people not only try to manufacture medicines but they drive to enhance the health of the entire community and a curable solution of the disease by combining science with advanced technology.
Revenue: $39.63 billion in 2019
Address: Talavera Corporate Centre, Building D, 12-24 Talavera Road, Macquarie Park, NSW 2113
Tel: +61 (0)2 8666 2000
|Predecessor||Marion Merrell Dow|
|Headquarters||54 Rue La Boétie
Paris, France 75008
|Products||Prescription and over-the-counter drugs for thrombosis, cardiovascular disease, diabetes, central nervous system disorders, oncology and internal medicine,|
2. Baxter Healthcare Pty. Ltd
Baxter Healthcare is of the topmost Pharmaceutical Companies in Australia that has been in service for the last 85 years. The company has made a huge investment in Australia and its neighboring areas with its manufacturing plant situated in Western Sydney.
This company has pioneered itself in significant medical innovations that have changed the healthcare industry as a whole. Today the company provides leading healthcare solutions ranging from acute, nutritional, renal as well as surgical care innovations.
Revenue: $ 10.561 Billion in 2017
- Clinimix E Sulfite-Free
Tel: 0061-2-9848-1111, 1800 806 923 (Toll Free)
|Headquarters||Deerfield, Illinois, U.S.|
|José E. Almeida, (chairman & CEO)
Jay Saccaro, (CFO)
|Products||Medical supplies to treat hemophilia and kidney disease and provide intravenous therapy|
Number of employees
3. Dr. Reddy’s Laboratories Australia Pty Ltd
Dr. Reddy’s Laboratories Australia Pty Ltd is another renowned name in the whole pharmaceutical industry with its headquarter located in Melbourne. The goal of the company is to achieve good health and thus they observe medicines as a means to regain the health of the patient rather than just as molecules.
Since its inception, this Pharmaceutical Companies in Australia has played a unique role in promoting wellness in the country. The company has also come up with more than 200 high-quality generic drugs so that the cost can be kept reasonable for the poor people of the country.
Revenue: $ 2.0 Billion in 2018
- Pantofast (Pantoprazole)
- Alendronate Plus D3-DRLA
Address: Level 9, 492 St Kilda Road, Melbourne VIC 3004, Australia
Tel: +61 3 8394 1888
|Headquarters||Hyderabad, Telangana, India|
|G. V. Prasad (Co-Chairman & CEO)
Satish Reddy (Chairman)
Erez Israeli (Chief Operating Officer)
Saumen Chakraborty (Chief Financial Officer)
Number of employees
|21,966 (March 2019)|
4. Sun Pharmaceutical Industries (Australia) Pty Ltd
Sun Pharmaceutical is one of the topmost Pharmaceutical Companies in Australia. This company has more than 30,000 employees and it has its presence in more than 50 countries. This company comes up with high-quality medicines that are affordable for all sections of people.
The company produces medicines that meet the stringent standard of the Australian Therapeutic Goods Administration and hence the medicines, drugs, and vaccines of the company are trusted by healthcare professionals as well as patients all over the world.
Revenue: $4.2 Billion in 2019
|Products||Pharmaceuticals, generic drugs|
|Revenue||₹300,914 million (US$4.2 billion) (2019)|
|₹38,102 million (US$530 million) (2019)|
|₹26,654 million (US$370 million) (2019)|
|Total assets||₹646,938 million (US$9.1 billion) (2019)|
|Total equity||₹447,226 million (US$6.3 billion) (2019)|
Number of employees
5. Roche Products Pty Limited
Roche is one of the most reputed names among all Pharmaceutical Companies in Australia. The company has been providing outstanding service for the last 120 years. Though the company is headquartered in Basel, Switzerland it has invested heavily in Australia as well.
Revenue: $ 45.30 billion in 2018
6. Pfizer Australia Pty Ltd
Pfizer Australia Pty Ltd is one of the leading Pharmaceutical Companies in Australia. The company has engaged with the Australian government and shared its extensive knowledge to produce high-quality medicines and drugs at a subsidized price that can save the lives of poor people of the country.
Since its inception, the company has been contributing significantly to the socio-economic development of the country. The company offers a huge range of medicinal products that include prescription as well as non-prescription pharmaceuticals, anti-infective drugs and vaccines, animal healthcare products, etc.
Revenue: $51.75 billion in 2019
- Paracetamol IV Pfizer
Address: Level 15-18, 151 Clarence Street, Sydney NSW 2000
Tel: +61 2 9850 3333
Charles F. Erhart
235 East 42nd Street
Manhattan, New York City, New York 10017 United States
|Revenue||US$51.75 billion (2019)|
|US$16.30 billion (2019)|
|US$16.27 billion (2019)|
|Total assets||US$167.489 billion (2019)|
|Total equity||US$63.14 billion (2019)|
Number of employees
7. Otsuka Pharmaceutical Australia Pty Ltd
Otsuka Pharmaceutical Australia Pty Ltd was established in 2014 and with an aim to bring innovative medicines that can have a positive impact on the lives of the patient living in Australia. The company offers innovative medicines for the treatment of some dangerous diseases such as cardiovascular disease, cancer, respiratory disorder, digestive disease, dermatological disorder, etc.
Apart from that, the company also offers a huge number of clinical, nutritional as well as diagnostic products. Otsuka is very passionate to develop as well as deliver medicines in those areas of Australia where the medical facility is very less.
Revenue: $74.89 in 2017
Address: Suite 2.03, Level 2, 9 Help St, Chatswood NSW 2067
Tel: +61 (0) 2 8021 9825
Fax: +61 (0) 2 8021 9963
8. Novo Nordisk Pharmaceuticals Pty Ltd
Novo Nordisk Pharmaceuticals is one of the topmost Pharmaceutical Companies in Australia. The company mainly aims to defeat diabetes and other serious chronic diseases such as hemophilia, obesity, and growth disorder. The company is headquartered in Denmark but it is present in 80 countries including Australia with more than 43,100 employees.
The medicinal products of the company are marketed in more than 170 countries. The main contribution of the company is to discover, develop, and deliver better medicinal products and make the medicines accessible to people across the world.
Revenue: $10.91 Billion in 2017
Address: PO Box 7586, Baulkham Hills BC NSW 2153, Australia
Tel: 1800 224 321
Fax: +61 2 8858 3799
|Founder||Hans Christian Hagedorn,
August Krogh, Marie Krogh
, August Kongsted
|Helge Lund (Chairman of the Board)
Lars Fruergaard Jørgensen (President & CEO)
Victoza, NovoEight, Activella,
NovoSeven, Norditropin, Tresiba,
Xultophy, NovoRapid, Fiasp, Saxenda
9. Novartis Pharmaceuticals Australia
Novartis is one of the most renowned Pharmaceutical Companies in Australia. This company aims to develop innovative medicines for improving and extending the lives of the patient across the world.
The company always takes initiative to apply its expertise in science and innovation for producing innovative medicines that can provide a huge relief to the patient of serious chronic illness and find a dramatic way to enhance the quality of their life.
The dynamic team of Novartis actually works collaboratively for bringing innovative medicinal products and drugs and ideas to life.
Revenue: $ 51.9000 billion in 2018
Address: 54 Waterloo Rd, Macquarie Park NSW 2113
Tel: + 61 2 9805 3555, 1800 635 202
|Predecessor||Ciba-Geigy, Sandoz (via merger)|
|Products||Pharmaceuticals, generic drugs, over-the-counter drugs, vaccines, diagnostics, contact lenses, animal health|
10. Merck Healthcare Pty Ltd
Merck healthcare is a renowned name among all Pharmaceutical Companies in Australia which has a dynamic and vibrant team of specialists in healthcare as well as life science. This company has been around for over 350 years which was founded in Darmstadt, Germany in the year 1668.
Being a vibrant healthcare, science, and technology company it always takes the initiative to make a positive difference to the life of millions of patients across the world and giving them joyful and sustainable ways to live.
The company aims to bring affordable and high-quality medicines to all sections of the people of the world. The company offers a wide range of treatments for many serious illnesses including cardiovascular disease, diabetes, and thyroid disorders.
Revenue: $17.54 in 2019
Address: Suite 1, Level 1, Building B, 11 Talavera Road, Macquarie Park NSW, 2113, Australia
Tel: +61 1800 257 348
Fax: +61 2 9975 1516
11. GlaxoSmithKline Australia Pty Ltd
GlaxoSmithKline (GSK) is one of the most reputed Pharmaceutical Companies in Australia as well as across the world. The main aim of this company is to bring all-around health benefits for all the people across the world with the help of open, flexible as well as a collaborative approach to innovation.
The company manufactures a huge range of high-quality medicines for treating a broad range of acute as well as chronic diseases that includes respiratory diseases, immune-inflammation, cardiovascular disease, dermatological, skin disorder, viral infection, etc.
Revenue:$41.61 billion in 2019
Address: Level 3, 436 Johnston Street, Abbotsford, Victoria, 3067, PO Box 18095, Melbourne, Victoria, 8003
Tel: +61 3 9413 7200
Fax: +61 3 8761 2442
12. Eli Lilly Australia Pty Ltd
Eli Lilly is another global healthcare leader in the whole pharmaceutical industry and it was founded more than a century ago. The company aims to discover and bring life-changing medicines that can certainly make a huge difference in the lives of people.
The company has pioneered in making a huge breakthrough such as discovering insulin or polio vaccine and ensuring that such innovative discoveries can be reached to people from all over the world especially to those who need it the most.
Revenue: $24.556 billion in 2018
Address: 112 Wharf Road, West Ryde, NSW 2114 Australia
Tel: 1800 4 LILLY (1800 454 559)
13. Bayer Australia Limited
Bayer Australia is one of the most reputed life science and Pharmaceutical Companies in Australia. The company was established more than 150 years ago and it has come up with some innovative medicinal products that contribute to finding solutions for some biggest challenges. It has 99820 employees all over the world and about 900 units and 1000 employees in Australia and its neighboring countries like New Zealand. With innovative medicinal drugs, the company tries to achieve a significant benefit for the patient.
Revenue: $1.3 billion in 2018
- Ciproxin® IV
- Primolut® N
Address: 875 Pacific Highway, Pymble NSW 2073, Australia
Tel: +61 (0) 2 9391 6000
Fax: +61 (0) 2 9988 3311
14. Amgen Australia Pty Ltd
Amgen is one of the most reputed names among all the Pharmaceutical Companies in Australia. The company was established in 1980 in California but it has made a huge investment in Australia as well. The company transforms science and technologies into therapies for restoring health and saving the lives of people all over the world.
Revenue: $23.4 billion in 2019
15. Takeda Pharmaceuticals Australia Pty Ltd
Takeda Pharmaceuticals Australia is one of the most renowned names in the whole pharmaceutical industry. The company was founded in 1781 and was headquartered in Osaka, Japan. The company is present in 80 countries with a total employee strength of 49,578.
Final Conclusion: Australian Pharmaceutical Industries
The Pharmaceutical Companies in Australia are not only making and selling medicines but are contributing a significant role in the socio-economic development of the country. These companies highly contribute to the health as well as the economic prosperity of the country and with new treatments, they are saving and enhancing the lives of the people of Australia.
The pharmaceutical market in Australia has now risen to $25.2 billion in 2020 from just $22.85 billion in 2016 with a Compound Annual Growth Rate of 2%. Recognizing the importance of pharmaceutical companies the Australian government has now started welcoming foreign company’s investment in this sector for boosting their economic development, creating more job opportunities, developing competitive industries, and increasing the opportunity for exports.
With such a step from the Australian government, it is expected that the revenue of the pharmaceutical industry will rise by 5.1% by 2014 and employment is expected to grow by 3.1% by that time. Along with that, the demand for skilled labor is also expected to increase in the average wages which ultimately will make the living standard of the people of the country better.