This statistic shows the expenditure on research and development of Swiss-based pharmaceutical company Novartis from 2004 to 2021. Novartis AG is one of the world's largest pharma companies. In 2021, Novartis spent approximately 9.5 billion U.S. dollars on research and development.
Novartis AG's expenditure on research and development from 2004 to 2021
(in billion U.S. dollars)
This statistic was assembled from several annual reports.
* With the 2015 Annual Report, values back to 2011 were restated, as a result of a series of transactions during 2015.
** During 2019, eye care division Alcon was spun off and became an own company. Thus, Alcon's expenses are not included.
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Novartis. (February 2, 2022). Novartis AG's expenditure on research and development from 2004 to 2021 (in billion U.S. dollars) [Graph]. In Statista. Retrieved May 24, 2022, from https://www.statista.com/statistics/266134/novartis-expenditure-on-research-and-development-since-2004/
Novartis. "Novartis AG's expenditure on research and development from 2004 to 2021 (in billion U.S. dollars)." Chart. February 2, 2022. Statista. Accessed May 24, 2022. https://www.statista.com/statistics/266134/novartis-expenditure-on-research-and-development-since-2004/
Novartis. (2022). Novartis AG's expenditure on research and development from 2004 to 2021 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: May 24, 2022. https://www.statista.com/statistics/266134/novartis-expenditure-on-research-and-development-since-2004/
Novartis. "Novartis Ag's Expenditure on Research and Development from 2004 to 2021 (in Billion U.S. Dollars)." Statista, Statista Inc., 2 Feb 2022, https://www.statista.com/statistics/266134/novartis-expenditure-on-research-and-development-since-2004/
Novartis, Novartis AG's expenditure on research and development from 2004 to 2021 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/266134/novartis-expenditure-on-research-and-development-since-2004/ (last visited May 24, 2022)
