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Costs of research and development of Shanghai Pharmaceutical Group from 2015 to 2022 (in million yuan)

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Source

Release date

March 2023

Region

China

Survey time period

2015 to 2022

Supplementary notes

One yuan equals approximately 0.14 U.S. dollars and 0.13 euros (as of August 2023).

Values have been rounded for a better understanding.
Figures for earlier years have been taken from previous publications.

Citation formats

China's Shanghai Pharmaceuticals R&D expenses 2015-2022

Published by A. Minhas, Mar 30, 2023
In 2022, Shanghai Pharmaceuticals Holding spent more than *** billion yuan on research and development, accounting for about ten percent of the total business revenue. The enterprise has been increasing the amount of research and development expenses in the past years.
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