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R&D spending of pharmaceutical companies in China from 2014 to 2018 with estimates until 2023 (in billion U.S. dollars)

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Sources

Release date

July 2020

Region

China

Survey time period

2014 to 2018

Supplementary notes

* Estimate.

R&D spending by pharmaceutical companies also includes Chinese headquartered pharmaceutical companies in other countries and foreign companies who conduct R&D activities in China.

Citation formats

R&D expenditure of pharmaceutical companies in China 2014-2023

Published by A. Minhas, Mar 16, 2021
In China, pharmaceutical companies spent a total of **** billion U.S. dollars on research and development (R&D) in 2018, showing an upward trend in recent years. With an estimated compound annual growth rate (CAGR) of ** percent, the R&D spending by pharmaceutical companies was expected to reach almost ** billion U.S. dollars by 2023.
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