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R&D expenses of selected Chinese pharma companies 2021

Published by
Wenyi Zhang,
Sep 22, 2022
In 2021, the Chinese pharmaceutical companies invested between one to ten percent of their sales revenue in research and development. That year, Changchun High & New Technology Industries Group spent around 1.1 billion yuan on R&D, followed by Livzon Pharmaceutical Group with 990 million yuan.

Costs of research and development of selected pharmaceutical companies in China in 2021 (in million yuan)

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Sources

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Release date

March 2022

Region

China

Survey time period

2021

Supplementary notes

* 2020 data.
One yuan equals approximately 0.14 U.S. dollars and 0.14 euros (as of September 2022).

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