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Scrip 100 Analysis: Sales Up, Profits Down – But Is It Real?

 
• By John Hodgson

Bellwethers tell you something, but to gauge the health of the pharmaceutical industry, you really need the Scrip 100. For FY 2016, it looks like drug sales are up again and profits are down. But is this what's actually going on?

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Introducing Scrip 100 2018: analyzing the biopharma sector • Source: Shutterstock

The Scrip 100 examines the financial performance of all companies that sell more than $1m worth of prescription drugs or spend more than $1m on drug-related R&D. Confusingly, the universe of companies we looked at for FY 2016 is more Scrip 1000 than Scrip 100: it encompasses 659 companies (from over 750 researched), mammoths to minnows, generics to gene therapy, from Slough to Summit, AB Science to Zynerba Pharmaceuticals, from Seoul to Rockville.

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