Educational information, not financial advice or a personal recommendation. Not regulated by the FCA. Do your own research. Capital at risk.
By sector

Healthcare & pharma shares, explained

Healthcare companies make the medicines, devices and services people need whether the economy is booming or not, which is why the sector is often called 'defensive'.

But it carries risks the everyday shopper never sees: a drug can fail its trials, a patent eventually expires and opens the door to cheaper copies, and regulators hold real power over prices. Each name below links to a full plain-English explainer.

Why should I care?

Healthcare is often called defensive because people need medicine in any economy - but it carries risks a shopper never sees, like failed drug trials and expiring patents, and knowing them helps you judge whether 'safe' really is safe.

How this list is put together

Every company in the Almanac that reports itself in the Healthcare sector, listed A to Z. The sector label is the company's own classification, not ours.

Of the 74 names here, 45 currently pay a dividend

61% pay one39% do not

This is what the group looks like as a whole. Paying a dividend is a choice about what to do with profit, not a mark of quality - plenty of growing companies reinvest instead, and that says something about a company's stage rather than about how good it is.
Abbott Laboratories
ABT
Balanced-16%
AbbVie Inc.
ABBV
Balanced+30%
Agilent Technologies, Inc.
A
Balanced+31%
Align Technology, Inc.
ALGN
Balanced+24%
Amgen Inc.
AMGN
Balanced+48%
AstraZeneca PLC
AZN.L
Out of favour+7%
Baxter International Inc.
BAX
Balanced+18%
Beam Therapeutics Inc.
BEAM
Balanced+52%
Becton, Dickinson and Company
BDX
Balanced+22%
Bio-Techne Corporation
TECH
Balanced+44%
Biogen Inc.
BIIB
Balanced+56%
BioNTech SE
BNTX
Out of favour-17%
Boston Scientific Corporation
BSX
Out of favour-50%
Bristol-Myers Squibb Company
BMY
Balanced+45%
Cardinal Health, Inc.
CAH
Balanced+54%
Cencora, Inc.
COR
Balanced+18%
Centene Corporation
CNC
Balanced+154%
Charles River Laboratories International, Inc.
CRL
Balanced+90%
Convatec Group PLC
CTEC.L
Balanced+3%
Craneware plc
CRW.L
Out of favour-41%
CRISPR Therapeutics AG
CRSP
Balanced-2%
CVS Health Corporation
CVS
Balanced+47%
Danaher Corporation
DHR
Balanced+4%
DaVita Inc.
DVA
Balanced+38%
DexCom, Inc.
DXCM
High-growth+14%
Edwards Lifesciences Corporation
EW
Balanced+20%
Elevance Health, Inc.
ELV
Balanced+36%
Eli Lilly
LLY
High-growth+96%
GE HealthCare Technologies Inc.
GEHC
Dividend payer+1%
Genus plc
GNS.L
Out of favour-8%
Gilead Sciences, Inc.
GILD
Balanced+17%
GSK
GSK.L
Balanced+35%
Haleon plc
HLN.L
Balanced+3%
HCA Healthcare, Inc.
HCA
Dividend payer+9%
Henry Schein, Inc.
HSIC
Balanced+35%
Hims & Hers Health, Inc.
HIMS
Balanced-41%
Humana Inc.
HUM
High-growth+42%
IDEXX Laboratories, Inc.
IDXX
High quality-11%
Incyte Corporation
INCY
High-growth+54%
Insulet Corporation
PODD
Out of favour-53%
Intellia Therapeutics, Inc.
NTLA
Out of favour+11%
Intuitive Surgical, Inc.
ISRG
Out of favour-15%
IQVIA Holdings Inc.
IQV
Balanced+36%
Johnson & Johnson
JNJ
Balanced+54%
Labcorp Holdings Inc.
LH
Balanced+23%
McKesson Corporation
MCK
Dividend payer+35%
Medtronic plc
MDT
Balanced+1%
Merck & Co., Inc.
MRK
Balanced+67%
Mettler-Toledo International Inc.
MTD
Balanced+14%
Moderna, Inc.
MRNA
Balanced+132%
Novavax, Inc.
NVAX
Out of favour-5%
Pfizer Inc.
PFE
Balanced+16%
PureTech Health plc
PRTC.L
Out of favour-6%
Quest Diagnostics Incorporated
DGX
Balanced+37%
Regeneron Pharmaceuticals, Inc.
REGN
Dividend payer+42%
ResMed Inc.
RMD
Dividend payer-20%
Revvity, Inc.
RVTY
Balanced+34%
Smith & Nephew
SN.L
Out of favour-18%
Solventum Corporation
SOLV
Cheap-ish & solid+15%
STERIS plc
STE
Balanced-1%
Stryker Corporation
SYK
Balanced-7%
Tempus AI, Inc.
TEM
Balanced-9%
The Cigna Group
CI
Dividend payer+2%
The Cooper Companies, Inc.
COO
Balanced+9%
Thermo Fisher Scientific Inc.
TMO
Balanced+32%
UnitedHealth Group Incorporated
UNH
Balanced+65%
Universal Health Services, Inc.
UHS
Dividend payer-2%
Veeva Systems Inc.
VEEV
High quality-16%
Vertex Pharmaceuticals Incorporated
VRTX
High quality+44%
Viatris Inc.
VTRS
Balanced+74%
Waters Corporation
WAT
High-growth+48%
West Pharmaceutical Services, Inc.
WST
Balanced+46%
Zimmer Biomet Holdings, Inc.
ZBH
Balanced-1%
Zoetis Inc.
ZTS
Dividend payer-48%

74 names · each links to its full, plain-English explainer.

Figures as of 2026-08-11. Data can go stale - always double-check before acting.