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What is the world's best selling drug?

3 min read

With 2024 sales of nearly $29.5 billion, Merck's cancer immunotherapy drug Keytruda has solidified its market dominance [1.3.3]. So, what is the world's best selling drug and how does it compare to its closest competitors in the dynamic pharmaceutical landscape?

Quick Summary

An analysis of the top-selling pharmaceuticals globally, examining the success of market leaders like Keytruda and Ozempic, the decline of former champions like Humira, and future market trends.

Key Points

  • Keytruda is #1: Merck's cancer immunotherapy drug Keytruda (pembrolizumab) was the world's best-selling drug in 2024 with nearly $29.5 billion in sales [1.2.1, 1.3.3].

  • GLP-1 Agonist Surge: Novo Nordisk's Ozempic, a drug for type 2 diabetes, is the third-best seller and part of a rapidly growing class of drugs also used for weight loss [1.2.1, 1.7.1].

  • Humira's Fall: AbbVie's Humira, once the top-selling drug for over a decade, has seen its sales plummet due to competition from biosimilars after its patent expired [1.2.3, 1.5.3].

  • Different Mechanisms: The top drugs work in fundamentally different ways: Keytruda is an immunotherapy that unmasks cancer cells, while Ozempic mimics a gut hormone to control blood sugar and appetite [1.6.4, 1.7.3].

  • Broad Approvals Drive Sales: Keytruda's success is fueled by its approval for treating a wide variety of cancers, including lung cancer, melanoma, and breast cancer [1.6.1, 1.6.3].

  • Market Dynamics: The pharmaceutical market is highly dynamic, with patent expirations and innovative new treatments constantly shifting the landscape of top-selling products [1.5.3, 1.2.3].

  • High Cost vs. High Sales: Best-selling does not mean most expensive per dose; bestseller status is driven by treating common, chronic, or serious conditions, leading to high-volume use [1.8.1, 1.8.4].

In This Article

The Shifting Landscape of Blockbuster Drugs

The pharmaceutical industry is in a constant state of flux, with blockbuster drugs—those generating over a billion dollars in annual revenue—vying for the top position. For over a decade, AbbVie's Humira was the undisputed king, but its reign has ended due to patent expiries and the rise of powerful new therapies [1.5.3, 1.2.3]. Today, the battle for the title of the world's best-selling drug is primarily a contest between an innovative cancer treatment and a new class of metabolic drugs that have captured global attention.

The Reigning Champion: Keytruda (pembrolizumab)

Merck's Keytruda (pembrolizumab) is currently the world's top-selling drug, achieving remarkable sales of $29.48 billion in 2024, an 18% increase from its $25 billion revenue in 2023 [1.2.1, 1.3.5]. Keytruda is a type of immunotherapy known as a PD-1 inhibitor [1.6.6].

Mechanism of Action Unlike traditional chemotherapy that directly attacks cancer cells, Keytruda works by harnessing the body's own immune system. Some cancer cells can produce a protein called PD-L1, which binds to the PD-1 receptor on immune T-cells. This interaction acts as an "off switch," preventing the T-cells from recognizing and attacking the cancer cells [1.6.2]. Keytruda blocks this PD-1 pathway, effectively releasing the brakes on the immune system and allowing T-cells to identify and destroy cancer cells [1.6.1, 1.6.4].

Approved Uses Keytruda's success is largely due to its broad range of approved indications. It is used to treat numerous types of cancer, including:

  • Melanoma (skin cancer) [1.6.1]
  • Non-small cell lung cancer (NSCLC) [1.6.1]
  • Head and neck squamous cell cancer (HNSCC) [1.6.1]
  • Classical Hodgkin lymphoma [1.6.5]
  • Bladder and urinary tract cancer [1.6.1]
  • Triple-negative breast cancer [1.6.1]
  • Cervical, endometrial, stomach, and colorectal cancers [1.6.3]

The continuous expansion of its approved uses for earlier-stage cancers has been a major driver of its revenue growth [1.3.3].

The Meteoric Rise of GLP-1 Agonists: Ozempic and Wegovy

While Keytruda holds the top spot, drugs from the GLP-1 (glucagon-like peptide-1) receptor agonist class are experiencing explosive growth. Novo Nordisk's Ozempic and Wegovy, both of which have semaglutide as the active ingredient, are at the forefront of this trend. In 2024, Ozempic alone generated $18.655 billion in sales, a 25.8% increase from the previous year [1.2.1]. Together, Ozempic and Wegovy brought in about $26 billion for Novo Nordisk in 2024 [1.4.1].

Mechanism and Different Indications Though they share the same active ingredient, Ozempic and Wegovy are approved for different uses and prescribed in different doses [1.7.4].

  • Ozempic: Approved for managing blood sugar levels in adults with type 2 diabetes, with a secondary benefit of weight loss [1.7.1, 1.7.2]. It works by increasing insulin production, slowing digestion, and reducing appetite [1.7.3].
  • Wegovy: Specifically approved for chronic weight management in adults and children aged 12 and over who are obese or overweight with weight-related health issues [1.7.2, 1.7.5]. It is prescribed at a higher dose than Ozempic to maximize its appetite-suppressing effects [1.7.3].

The immense public interest and demand for their weight-loss benefits have made these drugs household names and driven their sales to unprecedented heights.

The Former King: Humira's Decline

For years, AbbVie's Humira (adalimumab) was the best-selling drug globally, peaking with sales of $21.2 billion in 2022 [1.5.3]. It is used to treat a variety of autoimmune and inflammatory conditions, such as rheumatoid arthritis and Crohn's disease [1.5.4]. However, the loss of its patent exclusivity in the U.S. in 2023 opened the door for cheaper "biosimilar" versions to enter the market [1.5.3]. This direct competition has caused a sharp decline in Humira's sales, which fell to $8.993 billion in 2024, causing it to drop out of the top 10 best-sellers list entirely [1.2.3].

Comparison of Top Selling Drugs

Feature Keytruda (pembrolizumab) Ozempic (semaglutide) Humira (adalimumab)
Company Merck & Co. [1.2.1] Novo Nordisk [1.2.1] AbbVie [1.2.4]
Primary Use Cancer Immunotherapy [1.6.2] Type 2 Diabetes [1.7.2] Autoimmune Diseases [1.5.4]
Mechanism PD-1 inhibitor; helps the immune system attack cancer cells [1.6.4] GLP-1 receptor agonist; increases insulin, slows digestion, reduces appetite [1.7.3] TNF-alpha blocker; reduces inflammation [1.5.4]
2023 Revenue $25.011 billion [1.2.1] $14.846 billion [1.2.1] $14.4 billion [1.5.3]
2024 Revenue $29.482 billion [1.2.1] $18.655 billion [1.2.1] $8.993 billion [1.2.3]

Conclusion: A Dynamic and Competitive Market

The title of the world's best-selling drug is a reflection of major trends in global health, from the fight against cancer to the growing challenges of diabetes and obesity. Keytruda's current leadership highlights the transformative impact of immunotherapy in oncology. At the same time, the rapid ascent of Ozempic and other GLP-1 agonists demonstrates a massive unmet need and consumer demand for effective metabolic and weight-loss treatments. The decline of Humira serves as a potent reminder of the pharmaceutical lifecycle, where patent cliffs and biosimilar competition inevitably reshape the market. The race for the top spot will remain fiercely competitive, driven by scientific innovation, expanding treatment indications, and evolving public health priorities.

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Frequently Asked Questions

No, Keytruda is not chemotherapy. It is a type of immunotherapy that works with your own immune system to help it find and fight cancer cells, whereas chemotherapy directly kills rapidly dividing cells [1.6.1, 1.6.2].

Yes, both Ozempic and Wegovy contain the same active ingredient, semaglutide. However, they are marketed under different names, approved for different conditions, and prescribed at different doses. Ozempic is for type 2 diabetes, while Wegovy is for chronic weight management [1.7.5, 1.7.1].

Humira was highly successful due to its effectiveness in treating a wide range of common autoimmune diseases and its long period of patent exclusivity, which prevented generic or biosimilar competition in the U.S. until 2023 [1.5.3, 1.5.4].

A biosimilar is a biological product that is highly similar to and has no clinically meaningful differences from an existing FDA-approved reference product. They are introduced after the reference product's patent expires and create competition, often leading to lower prices [1.5.1, 1.5.2].

Based on 2024 sales data, the top three best-selling drugs are Keytruda ($29.48B), Eliquis ($20.7B), and Ozempic ($18.66B) [1.2.1].

A 'blockbuster' drug is a popular and commercially successful pharmaceutical product that generates more than $1 billion in annual sales for its manufacturing company.

It is possible. GLP-1 drugs like Ozempic, Wegovy, and Mounjaro are showing explosive sales growth [1.2.1, 1.2.7]. Some projections suggest that the combined sales of semaglutide products (Ozempic and Wegovy) could surpass Keytruda's in the near future, driven by high demand for both diabetes and obesity treatments [1.2.7].

References

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Medical Disclaimer

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