When it comes to the stock market, there are so many things business owners and investors have to keep in mind. One of the most important things to understand about the stock market is a company’s market cap. This is the total market value of a company’s outstanding shares. This is particular important in regards to healthcare companies because it tells investors precisely which healthcare companies are the most valuable. Here are the healthcare companies with the biggest market cap.
Johnson & Johnson — $296.35 Billion
Johnson & Johnson is a major pharmaceuticals company as well as the healthcare company with the biggest market cap. Most people associate J&J with baby products and bath products, but the company is behind many of the most cutting edge pharmaceuticals on the market, and they’re success is noticeable. Worth nearly $300 billion, this company is significantly ahead of the competition.
Novartis AG — $221.37 Billion
This major pharmaceutical company is from Switzerland. The company’s purpose is to spend time finding new technologies and treatments and cures for illness and disease. Novartis is responsible for some of the most well-known products on the market, including over-the-counter drugs and vaccines to prevent the spread of disease.
Pfizer, Inc. — $187.85 Billion
Pfizer is a United States based pharmaceutical company. The company’s primary goal is to develop products and medicines that will benefit the health of those all over the world. The company is responsible for some of the most commonly used medications including Anbesol and Advil brands.
Merck & Company — $170.96 Billion
Further proving that the US is at the cutting edge of medical research and production, Merck is yet another state-native company. Not only does Merck provide education and awareness about some of the most common diseases in the world, they produce well-known medications and conduct extensive research into finding treatments and cures for some of the most common and deadly diseases in the world.
Sanofi — $143.95 Billion
Sanofi is based in France. This pharmaceutical company employs researchers, scientists and medical doctors whose sole purpose at the company is to find and create new medications, treatments and even vaccines against deadly illness. The company makes a point of letting investors and clients know that the patient is the most important priority when it comes to their work.
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