Eli Lilly, Apple and Amazon Lead Forbes’ Most Innovative Large Companies

Forbes' new list of America's Most Innovative Large Companies includes some of the biggest names in pharmaceuticals, technology, manufacturing and financial services, with Eli Lilly taking the No. 1 position, Forbes Daily reported.

Eli Lilly leads Forbes' ranking of America's Most Innovative Large Companies. [Photo: Eli Lilly Companies Facebook]

Lilly topped the ranking partly because of the breadth and speed of its new-drug development.

The company produces the GLP-1 drugs Mounjaro and Zepbound and is also developing treatments for Alzheimer's disease, breast cancer and migraines. Its next-generation weight-loss drug, retatrutide, is being tested in Phase 3 clinical trials.

Apple ranked No. 2, while Amazon ranked No. 6 and Mastercard No. 10.

Forbes said its Innovation Index incorporates factors including patents and intellectual property, research focus, investor confidence, return on equity, media and social-media sentiment, and assessments generated by synthetic audiences.