In 2023, China's leading innovative drug company Jiangsu Hengrui Pharmaceuticals spent 6.15 billion yuan on research and development. Pharmaceutical companies that focus on innovative drugs and therapies generally have a higher expenditure on research, while traditional Chinese medicine (TCM) companies often put more effort into marketing.
Research and development expenditure of selected pharmaceutical companies in China in 2023
(in billion yuan)
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Shanghai Stock Exchange. (April 18, 2024). Research and development expenditure of selected pharmaceutical companies in China in 2023 (in billion yuan) [Graph]. In Statista. Retrieved February 09, 2025, from https://www.statista.com/statistics/1405434/china-selected-pharmaceutical-companies-randd-expenditure/?__sso_cookie_checker=failed
Shanghai Stock Exchange. "Research and development expenditure of selected pharmaceutical companies in China in 2023 (in billion yuan)." Chart. April 18, 2024. Statista. Accessed February 09, 2025. https://www.statista.com/statistics/1405434/china-selected-pharmaceutical-companies-randd-expenditure/?__sso_cookie_checker=failed
Shanghai Stock Exchange. (2024). Research and development expenditure of selected pharmaceutical companies in China in 2023 (in billion yuan). Statista. Statista Inc.. Accessed: February 09, 2025. https://www.statista.com/statistics/1405434/china-selected-pharmaceutical-companies-randd-expenditure/?__sso_cookie_checker=failed
Shanghai Stock Exchange. "Research and Development Expenditure of Selected Pharmaceutical Companies in China in 2023 (in Billion Yuan)." Statista, Statista Inc., 18 Apr 2024, https://www.statista.com/statistics/1405434/china-selected-pharmaceutical-companies-randd-expenditure/?__sso_cookie_checker=failed
Shanghai Stock Exchange, Research and development expenditure of selected pharmaceutical companies in China in 2023 (in billion yuan) Statista, https://www.statista.com/statistics/1405434/china-selected-pharmaceutical-companies-randd-expenditure/?__sso_cookie_checker=failed (last visited February 09, 2025)
Research and development expenditure of selected pharmaceutical companies in China in 2023 (in billion yuan) [Graph], Shanghai Stock Exchange, April 18, 2024. [Online]. Available: https://www.statista.com/statistics/1405434/china-selected-pharmaceutical-companies-randd-expenditure/?__sso_cookie_checker=failed