Average R&D cost to develop new biopharma compound 2013-2023

Published by
Matej Mikulic,
Jun 10, 2024
This statistic shows the average research and development cost for large and mid-sized biopharma companies to develop a new compound from discovery to market launch from 2013 to 2023. According to the data, average R&D costs showed a fluctuating tendency over the last six years.

Average cost to develop a compound for biopharma companies from 2013 to 2023 (in billion U.S. dollars)

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Release date

April 2024

Region

Worldwide

Survey time period

2013 to 2023

Special properties

top 20 companies by R&D spend in 2020

Supplementary notes

Includes cost for development of a compound from discovery to launch.
Numbers have been rounded.

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