In 2021, the Chinese pharmaceutical companies invested between **** and percent of their sales revenue in research and development. That year, Livzon Pharmaceutical Group spent around *** billion yuan on R&D, accounting for percent of its sales revenue.
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Shanghai Pharmaceuticals Holding. (March 30, 2023). Share of research and development in sales revenue of selected pharmaceutical companies in China in 2021 and 2022 [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 31, 2026, from /statistics/1076199/china-pharmaceutical-companies-research-and-development-sales-revenue-share/
Shanghai Pharmaceuticals Holding. "Share of research and development in sales revenue of selected pharmaceutical companies in China in 2021 and 2022." Chart. March 30, 2023. ÌÇÐÄÆƽâ°æ. Accessed July 31, 2026. /statistics/1076199/china-pharmaceutical-companies-research-and-development-sales-revenue-share/
Shanghai Pharmaceuticals Holding. (2023). Share of research and development in sales revenue of selected pharmaceutical companies in China in 2021 and 2022. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 31, 2026. /statistics/1076199/china-pharmaceutical-companies-research-and-development-sales-revenue-share/
Shanghai Pharmaceuticals Holding. "Share of Research and Development in Sales Revenue of Selected Pharmaceutical Companies in China in 2021 and 2022." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 30 Mar 2023, /statistics/1076199/china-pharmaceutical-companies-research-and-development-sales-revenue-share/
Shanghai Pharmaceuticals Holding, Share of research and development in sales revenue of selected pharmaceutical companies in China in 2021 and 2022 ÌÇÐÄÆƽâ°æ, /statistics/1076199/china-pharmaceutical-companies-research-and-development-sales-revenue-share/ (last visited July 31, 2026)
Share of research and development in sales revenue of selected pharmaceutical companies in China in 2021 and 2022 [Graph], Shanghai Pharmaceuticals Holding, March 30, 2023. [Online]. Available: /statistics/1076199/china-pharmaceutical-companies-research-and-development-sales-revenue-share/
