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Spending of the U.S. pharmaceutical industry on research and development at home and abroad from 1990 to 2024 (in million U.S. dollars)

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Source

Release date

July 2025

Region

United States

Survey time period

1990 to 2024

Special properties

PhRMA members

Supplementary notes

R&D Abroad includes expenditures outside the United States by U.S.-owned PhRMA member companies and R&D conducted abroad by the U.S. divisions of foreign-owned PhRMA member companies. R&D performed abroad by the foreign divisions of foreign-owned PhRMA member companies are excluded. Domestic R&D, however, includes R&D expenditures within the United States by all PhRMA member companies.

Citation formats

U.S. pharmaceutical industry spending on research and development 1990-2024

Published by A. Minhas, Oct 1, 2025

This statistic depicts the spending of the U.S. pharmaceutical industry on research and development at home and abroad from 1990 to 2024. Spending of the U.S. pharmaceutical industry (PhRMA members) on research and development abroad totaled approximately **** billion U.S. dollars in 1990. Until 2024, this amount increased to over ** billion U.S. dollars.

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