In 2022, the Chinese pharmaceutical giant Jiangsu Hengrui Pharmaceuticals spent more than 6.3 billion yuan or almost 30 percent of its operating income on research and development. As the leading developer of oncology medicine, the company's R&D spending increased by more than 400 percent since 2016.
Research and development expenditure of Jiangsu Hengrui Pharmaceuticals Co., Ltd. from 2016 to 2022
(in billion yuan)
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Shanghai Stock Exchange. (April 22, 2023). Research and development expenditure of Jiangsu Hengrui Pharmaceuticals Co., Ltd. from 2016 to 2022 (in billion yuan) [Graph]. In Statista. Retrieved October 06, 2024, from https://www.statista.com/statistics/1394817/jiangsu-hengrui-pharmaceuticals-randd-expenditure/
Shanghai Stock Exchange. "Research and development expenditure of Jiangsu Hengrui Pharmaceuticals Co., Ltd. from 2016 to 2022 (in billion yuan)." Chart. April 22, 2023. Statista. Accessed October 06, 2024. https://www.statista.com/statistics/1394817/jiangsu-hengrui-pharmaceuticals-randd-expenditure/
Shanghai Stock Exchange. (2023). Research and development expenditure of Jiangsu Hengrui Pharmaceuticals Co., Ltd. from 2016 to 2022 (in billion yuan). Statista. Statista Inc.. Accessed: October 06, 2024. https://www.statista.com/statistics/1394817/jiangsu-hengrui-pharmaceuticals-randd-expenditure/
Shanghai Stock Exchange. "Research and Development Expenditure of Jiangsu Hengrui Pharmaceuticals Co., Ltd. from 2016 to 2022 (in Billion Yuan)." Statista, Statista Inc., 22 Apr 2023, https://www.statista.com/statistics/1394817/jiangsu-hengrui-pharmaceuticals-randd-expenditure/
Shanghai Stock Exchange, Research and development expenditure of Jiangsu Hengrui Pharmaceuticals Co., Ltd. from 2016 to 2022 (in billion yuan) Statista, https://www.statista.com/statistics/1394817/jiangsu-hengrui-pharmaceuticals-randd-expenditure/ (last visited October 06, 2024)
Research and development expenditure of Jiangsu Hengrui Pharmaceuticals Co., Ltd. from 2016 to 2022 (in billion yuan) [Graph], Shanghai Stock Exchange, April 22, 2023. [Online]. Available: https://www.statista.com/statistics/1394817/jiangsu-hengrui-pharmaceuticals-randd-expenditure/