Forbes May 12, 2022
The second year of the Covid-19 pandemic continued to be a boon to the world’s largest pharmaceutical companies that have developed vaccines and therapeutics to combat the virus. With the spread of new variants, the federal government has recommended booster shots and more widespread availability of anti-Covid drugs, as society grapples with the shift towards an endemic virus that will be around for the long haul. Health insurers saw high costs from Covid patients, but these were partially offset by higher enrollment in Obamacare and Medicare Advantage plans and other patients still deferring non-urgent and elective surgeries.
Seven pharmaceutical companies and four health insurers ranked among the top 100 companies in the 2022 Forbes Global 2000, which ranks the world’s...