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R&D expenditure of the U.S. pharma industry (PhRMA members) from 1980 to 2024 (in billion U.S. dollars)

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Source

Release date

July 2025

Region

United States

Survey time period

1980 to 2024

Special properties

PhRMA members

Citation formats

U.S. pharma industry R&D expenditure 1980-2024

Published by A. Minhas, Oct 1, 2025

In 2024, the expenditure of PhRMA members within the U.S. pharmaceutical industry on research and development amounted to more than *** billion U.S. dollars,***k within the provided period. This statistic depicts the research and development expenditure of PhRMA members from 1980 to 2024.

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