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Aventis | Pharmaceuticals, Healthcare, Merger | Britannica Money Aventis, former French pharmaceutical company founded in 1999 through the merger of the German firm Hoechst and the French company Rhône-Poulenc With headquarters in Strasbourg, France, Aventis was the product of the first transnational merger to combine large rival companies from France and Germany It became part of the French pharmaceutical conglomerate Sanofi-Aventis in 2004
Johnson Johnson | History, Products, Controversies | Britannica Money Johnson Johnson is the world’s second largest drug and biotechnology company by market capitalization, behind Eli Lilly (LLY) but ahead of other “big pharma” competitors such as AbbVie (ABBV), Novartis (NVS), and Merck (MRK)
Sackler family | Brothers, OxyContin, Purdue Pharma, Opioid Epidemic . . . The Sackler family formerly owned the pharmaceutical company Purdue Pharma, known for developing the highly addictive drug OxyContin They gave up control of the company in 2025 as part of a settlement for their involvement in the opioid epidemic
Pharmaceuticals, Vaccines, Facts - Britannica Money Like most “big pharma” companies, AstraZeneca’s future depends on its ability to: Maintain a pipeline of new and improved treatments in order to manage its revenue streams as patents for its key drugs expire The company has upped its R D spending in recent years, spending nearly $11 billion in 2023 on its pipeline of over 150 projects
Dilip Shanghvi | Biography Facts | Britannica Money The son of a wholesale drug distributor, Shanghvi launched Sun Pharma soon after graduating (1982) from the University of Calcutta with a bachelor’s degree in commerce
Purdue-Frederick Company | American company | Britannica Purdue Pharma, owned by the Sackler family, aggressively marketed OxyContin based on deceptive claims, influencing doctors to prescribe it widely This contributed significantly to the opioid epidemic in the U S , leading to addiction and overdose deaths
Daniel Vasella | Biography Facts | Britannica He left medicine in 1988 and joined the marketing department of Sandoz Pharmaceuticals Corp in New Jersey, the U S -based division of Sandoz Pharma Ltd The following year Vasella graduated from Harvard Business School, and he moved up quickly in the marketing and sales department at Sandoz to become department head of special-product marketing