Keyword: Aspen


11. Aspen

Falling just outside of the world’s top 10 generic drugmakers, South Africa’s Aspen Pharmacare generated an estimated $1.97 billion in generic sales last year, according to an estimate from Evaluate, enough to rank it No. 11 for 2016’s largest generic drug producers.

The top 15 generic drugmakers by 2016 revenue

Branded drugmakers weren't the only ones working through a tumultuous 2016. Generics companies faced pricing pressure, too. And while branded companies suffer pricing pain on costly cutting-edge therapies, generics outfits feel the pinch with already-thin margins, making pressure all the more agonizing.