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    Home > Active Ingredient News > Drugs Articles > Pharmaceutical giants rebounded strongly in the second quarter: Is there a 20% watershed in the growth rate of new crown drugs?

    Pharmaceutical giants rebounded strongly in the second quarter: Is there a 20% watershed in the growth rate of new crown drugs?

    • Last Update: 2021-09-04
    • Source: Internet
    • Author: User
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    Recently, as pharmaceutical giants successively announced the second quarter and first half of 2021 financial report data, most companies have achieved growth in drug sales


    The resilience of the pharmaceutical giant's drug sales rebound even surprised market experts


    More than half of the large pharmaceutical companies reported that compared with the second quarter of 2020, revenues in the second quarter of 2021 during the same period increased by more than 15%


    New crown therapy helps rebound

    The most significant revenue growth is the company that has developed the new crown therapy


    Another type of company is Moderna, whose vaccine sales accounted for almost all of its growth, increasing from US$67 million in the second quarter of 2020 to US$4.


    The only pharmaceutical company whose revenue has dropped significantly is about to usher in a large amount of revenue


    Different areas of rebound

    Although the overall data shows that pharmaceutical giants are rebounding in drug sales, some therapeutic areas have been slower to respond


    On the other hand, vaccines are rapidly recovering


    In terms of doctors' medication, such as immuno-oncology drugs, it also showed steady growth in the second quarter


    Not all cancer drug sales rebounded equally


    Looking forward to the third quarter, although the spread of delta mutation has brought uncertainty, the pharmaceutical industry’s strong innovation and R&D pipeline strength will drive long-term growth


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