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Costs of research and development of selected pharmaceutical companies in China in 2021 and 2022 (in million yuan)

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Sources

Release date

March 2023

Region

China

Survey time period

2021 and 2022

Supplementary notes

* 2021 data.
One yuan equals approximately 0.14 U.S. dollars and 0.13 euros (as of August 2023).

Citation formats

R&D expenses of selected Chinese pharma companies 2021-2022

Published by A. Minhas, Mar 30, 2023
In 2021, the Chinese pharmaceutical companies invested between *** to ***** of their sales revenue in research and development. That year, Livzon Pharmaceutical Group spent around *** billion yuan on R&D, followed by Changchun High & New Technology Industries Group with *** billion yuan.
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