Biotech R&D spending by country 2021

This statistic shows the research and development spending of biotechnology companies based in selected countries for 2021 (or latest year available). During 2022, biotechnology companies in Germany spent some 4.59 billion U.S. dollars on research and development.

Biotech research and development expenditure in selected countries in 2021 (in million U.S. dollars)

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Release date

November 2023

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Region

Worldwide, OECD

Survey time period

2021

Supplementary notes

Note: Biotechnology R&D expenditures in the business sector. Values are for 2021 or latest year available. For some countries, 2022 figures were already available.
For Austria and Germany, only dedicated biotech R&D firms are included.
For Canada, this includes medical biotechnology, environmental biotechnology, industrial biotechnology and agricultural biotechnology.
For the Russian Federation, a proxy indicator is used: R&D expenditure in Life Sciences (before 2011 - Living Systems), which include bioengineering, biocatalysis, biosynthesis and biosensor technologies, biomedical and veterinary technologies, genomics and pharmaco-genetics, living cell technologies.
For Germany and Lithuania, 2019 BERD was uses as 2020 BERD was not available.
For Latvia, this includes medical biotechnology, environmental biotechnology, industrial biotechnology and agricultural biotechnology.
For the United States, beginning in 2018, statistics are for companies that performed or funded $50,000 or more of R&D. For 2021, the Census Bureau has reviewed the data product for unauthorized disclosure of confidential information and has approved the disclosure avoidance practices applied.
For Latvia, this includes medical biotechnology, environmental biotechnology, industrial biotechnology and agricultural biotechnology.

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