A new list ranks large pharmaceutical companies by research and development. By Matthew Herper May 4, 2023. Reprints. Adobe.

Pharmaceutical companies often claim that the research costs of unsuccessful drugs also have to be taken into account. After all, 90 percent of all drugs that enter human testing fail.

Merck (MRK MRK), although not part of the nine companies conducting clinical trials yet, is engaged in research efforts for both the development of medicines and a vaccine for Covid-19.

In 2019, pharmaceutical companies spent $83 billion dollars on research and development. After accounting for inflation, that’s roughly 10 times what the industry spent in the 1980s, according ...

The pharmaceutical industry often explains that the higher prices they charge in the US provide them with the funds they need to conduct their high-risk research. This claim is empirically testable.

Money (Photo credit: 401(K) 2013) No factor defines success and failure for a drug company more than this: Companies that invent more, better drugs at a lower cost do better than those that ...

Pharmaceutical companies rely on R&D to develop new drugs. Johnson & Johnson spent $82.6 billion in R&D in 2020 while Merck laid out 28.3% of its revenue on R&D in 2020. Research and Development ...

New Jersey is known as a pharmaceutical powerhouse, but behind the scenes, biotechnology, medical device and pharmaceutical companies depend on clinical research organizations or contract research ...

Almost a third of drugs for rare diseases now exceed US$1 billion in annual sales. The global orphan drugs market is expected to reach US$176 billion by 2020, and account for 19% of total branded ...

Founded in 1849, Pfizer is the world's largest research-based pharmaceutical company taking new approaches to better health. We discover, develop, manufacture and deliver quality, ...

Pharmaceutical market research analysis (PMRA) can validate a product's potential reach and market penetration capabilities. Investors use it to put a value on drug-making companies and their ...

The pharmaceutical industry is vital to human health, but it also has a significant environmental impact. It contributes up to 19% of Australia's health care sector's greenhouse gas (GHG ...