Pharmaceutical research and development (R&D) – statistics & facts

Key insights

Total global spending on R&D in 2022
244 bn USD
Top pharma company by R&D spending in 2022
Average cost of drug development in U.S.
2.6 bn USD

Editor’s Picks Current statistics on this topic

Further recommended statistics


R&D performance by company

Characteristics of R&D pipeline

Duration, cost and ROI

Outsourced R&D

Public opinion/knowledge


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