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What is the most selling drug in the world? A Look at 2024's Pharmaceutical Leaders

3 min read

With sales reaching nearly $29.5 billion in 2024, Merck's cancer therapy Keytruda has affirmed its position as the top-selling drug globally [1.2.1, 1.2.2]. This article answers the question: What is the most selling drug in the world? and examines the forces driving its success.

Quick Summary

A detailed analysis of the world's top-selling medications based on 2024 revenue data. This report covers the leading drug, Keytruda, its market dominance, and compares it with other blockbusters like Ozempic and the former leader, Humira.

Key Points

  • Top Seller: Merck's cancer drug Keytruda was the world's best-selling drug in 2024 with nearly $29.5 billion in revenue [1.2.1, 1.2.2].

  • Mechanism of Action: Keytruda is a PD-1 inhibitor that helps the immune system fight cancer and is approved for over 40 indications [1.2.1, 1.4.3].

  • Rising Challenger: Novo Nordisk's Ozempic (semaglutide) saw sales surge to over $17 billion, driven by its use in diabetes and off-label for weight loss [1.2.1, 1.2.3].

  • Former Leader's Decline: Humira, once the top-selling drug, saw its sales fall by over 37% to around $9 billion due to biosimilar competition after losing its U.S. patent [1.2.1].

  • Market Dynamics: The market is shifting from immunology blockbusters like Humira towards immuno-oncology (Keytruda) and metabolic drugs (Ozempic) [1.3.3, 1.2.1].

  • Future Outlook: Keytruda's patents begin to expire in 2028, opening the door for biosimilar competition and a potential shift in the top-selling drug rankings [1.2.1, 1.4.6].

  • Strong Contenders: Other major drugs in the top 10 include the anticoagulant Eliquis, immunology drug Dupixent, and HIV treatment Biktarvy [1.2.4, 1.2.5].

In This Article

The Shifting Landscape of Pharmaceutical Dominance

The pharmaceutical industry is in a constant state of flux, with blockbuster drugs rising and falling due to patent expirations, new clinical discoveries, and shifting market demands. For the second consecutive year, Merck's Keytruda (pembrolizumab) holds the title of the world's best-selling drug, generating an impressive $29.5 billion in sales in 2024 [1.2.1, 1.2.2]. This represents an 18% year-over-year increase, solidifying its place at the pinnacle of the pharmaceutical market and dethroning the long-reigning champion, AbbVie's Humira [1.2.1, 1.3.3].

Keytruda's Reign: A Story of Immuno-Oncology

Keytruda's success is a testament to the transformative power of immuno-oncology. It is a humanized monoclonal antibody that works as a PD-1 inhibitor [1.4.3]. In simple terms, it blocks a specific pathway (PD-1/PD-L1) that cancer cells use to hide from the body's immune system. By blocking this interaction, Keytruda helps restore the immune system's ability to recognize and attack tumor cells [1.4.3].

Its market dominance is driven by several factors:

  • Broad Indications: Keytruda is approved for more than 40 indications across various cancer types, including non-small cell lung cancer, melanoma, head and neck cancer, and gastric cancer [1.2.1, 1.4.5]. This wide range of applications makes it a cornerstone therapy in modern oncology.
  • Early-Stage Treatment: The drug's sales are increasingly boosted by its use in earlier-stage cancers, often in combination with chemotherapy, to prevent recurrence after surgery [1.4.1, 1.4.5].
  • Continued Innovation: Merck is actively developing new formulations, such as a subcutaneous (under-the-skin) injection, to offer greater convenience and potentially extend its market exclusivity beyond the primary patent expiry in 2028 [1.4.2, 1.4.5].

The Challengers: GLP-1 Agonists and Other Powerhouses

While Keytruda sits comfortably at the top, other drugs are experiencing phenomenal growth. The most notable are the GLP-1 receptor agonists, particularly Novo Nordisk's Ozempic (semaglutide). Originally approved for type 2 diabetes, Ozempic's significant weight-loss side effect has led to a surge in demand [1.2.8, 1.6.6]. In 2024, Ozempic sales jumped 26% to approximately $16.7 to $18.6 billion, making it the second or third best-selling drug globally depending on the report [1.2.1, 1.2.4, 1.2.5]. Combined with its sister drug for obesity, Wegovy, the semaglutide franchise represents a major force poised to challenge for the top spot in the coming years [1.3.3, 1.6.6].

Meanwhile, AbbVie's Humira (adalimumab), which was the world's best-selling drug for a decade, has seen its sales plummet [1.2.1, 1.3.8]. After losing patent exclusivity in the U.S. in 2023, the entry of multiple biosimilar competitors caused its revenue to drop by over 37% in 2024 to around $9 billion [1.2.1]. This steep decline highlights the critical role of patent cliffs in the pharmaceutical industry. To compensate, AbbVie has successfully transitioned its focus to newer immunology drugs like Skyrizi and Rinvoq, which are now generating substantial revenue [1.2.1].

Comparison of Top-Selling Drugs (2024 Data)

Drug Name (Generic) Manufacturer(s) 2024 Sales (USD) Mechanism of Action Primary Use
Keytruda (pembrolizumab) Merck & Co. ~$29.5 Billion [1.2.1, 1.2.2] PD-1 Inhibitor [1.4.3] Cancer (Multiple Types) [1.4.5]
Ozempic (semaglutide) Novo Nordisk ~$17.5 Billion [1.2.3] GLP-1 Receptor Agonist [1.6.3] Type 2 Diabetes, Cardiovascular Risk Reduction [1.2.8]
Eliquis (apixaban) Bristol Myers Squibb & Pfizer ~$20.7 Billion (Combined) [1.2.4] Factor Xa Inhibitor Blood Clot Prevention [1.2.2]
Dupixent (dupilumab) Sanofi & Regeneron ~$15.1 Billion [1.2.4, 1.2.5] IL-4 and IL-13 Inhibitor Eczema, Asthma, COPD [1.2.1, 1.2.2]
Biktarvy (bictegravir, etc.) Gilead Sciences ~$13.4 Billion [1.2.2, 1.2.4] Antiretroviral Therapy HIV Treatment [1.2.1]
Skyrizi (risankizumab) AbbVie ~$11.7 Billion [1.2.1, 1.2.2] IL-23 Inhibitor Psoriasis, Crohn's Disease [1.2.1]
Humira (adalimumab) AbbVie ~$9.0 Billion [1.2.1] TNF-alpha Inhibitor [1.5.9] Autoimmune Diseases [1.5.1]

Conclusion: A Market in Motion

The answer to "What is the most selling drug in the world?" is currently Keytruda, which has successfully capitalized on the immuno-oncology revolution. However, the pharmaceutical leaderboard is far from static. The meteoric rise of GLP-1 agonists like Ozempic for diabetes and weight management signals a major shift in market dynamics, with analysts projecting this class of drugs could become the new leader in the near future [1.3.3, 1.2.8]. Simultaneously, the sharp decline of former giant Humira serves as a stark reminder of the lifecycle of blockbuster drugs and the powerful impact of patent expirations and biosimilar competition [1.2.1, 1.5.3]. The coming years will be defined by this interplay between oncology innovation, the expanding metabolic disease market, and strategic lifecycle management.

For more information on the mechanism of action of Keytruda, you can visit Merck's official page.

Frequently Asked Questions

Keytruda (pembrolizumab), a cancer immunotherapy drug from Merck, made the most money in 2024, with global sales of approximately $29.5 billion [1.2.1, 1.2.2].

Keytruda's success stems from its broad approval for treating many different types of cancer, its effectiveness as an immuno-oncology agent, and its growing use in earlier stages of cancer treatment [1.2.1, 1.4.5].

No, but it is one of the top contenders. In 2024, Ozempic was the second or third best-selling drug worldwide with sales of over $17 billion, following Keytruda [1.2.1, 1.2.3].

Humira's sales dropped significantly (by over 37% in 2024) because it lost its patent exclusivity in the United States in 2023, allowing lower-priced biosimilar versions to enter the market [1.2.1, 1.5.1].

Based on 2024 sales data, the top three best-selling drugs are 1) Keytruda (~$29.5B), 2) Eliquis (~$20.7B), and 3) Ozempic (~$17.5B) [1.2.3, 1.2.4, 1.2.1].

A best-selling drug is determined by total revenue generated, which is often a high-cost specialty medication like Keytruda [1.2.1]. A most-prescribed drug is based on the total number of prescriptions written, which are often lower-cost generics for common conditions like high cholesterol (e.g., atorvastatin and rosuvastatin) [1.3.7].

Ozempic is a GLP-1 receptor agonist. It mimics a natural hormone that stimulates insulin secretion, suppresses glucagon release, slows digestion, and reduces appetite, which helps control blood sugar and leads to weight loss [1.6.2, 1.6.3].

References

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Medical Disclaimer

This content is for informational purposes only and should not replace professional medical advice.