In 2021, the Chinese pharmaceutical companies invested between one to ten 12 of their sales revenue in research and development. That year, Livzon Pharmaceutical Group spent around 1.5 billion yuan on R&D, followed by Changchun High & New Technology Industries Group with 1.1 billion yuan.
Costs of research and development of selected pharmaceutical companies in China in 2021 and 2022
(in million yuan)
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Shanghai Pharmaceuticals Holding. (March 30, 2023). Costs of research and development of selected pharmaceutical companies in China in 2021 and 2022 (in million yuan) [Graph]. In Statista. Retrieved November 14, 2024, from https://www.statista.com/statistics/1076177/china-pharmaceutical-companies-research-and-development/
Shanghai Pharmaceuticals Holding. "Costs of research and development of selected pharmaceutical companies in China in 2021 and 2022 (in million yuan)." Chart. March 30, 2023. Statista. Accessed November 14, 2024. https://www.statista.com/statistics/1076177/china-pharmaceutical-companies-research-and-development/
Shanghai Pharmaceuticals Holding. (2023). Costs of research and development of selected pharmaceutical companies in China in 2021 and 2022 (in million yuan). Statista. Statista Inc.. Accessed: November 14, 2024. https://www.statista.com/statistics/1076177/china-pharmaceutical-companies-research-and-development/
Shanghai Pharmaceuticals Holding. "Costs of Research and Development of Selected Pharmaceutical Companies in China in 2021 and 2022 (in Million Yuan)." Statista, Statista Inc., 30 Mar 2023, https://www.statista.com/statistics/1076177/china-pharmaceutical-companies-research-and-development/
Shanghai Pharmaceuticals Holding, Costs of research and development of selected pharmaceutical companies in China in 2021 and 2022 (in million yuan) Statista, https://www.statista.com/statistics/1076177/china-pharmaceutical-companies-research-and-development/ (last visited November 14, 2024)
Costs of research and development of selected pharmaceutical companies in China in 2021 and 2022 (in million yuan) [Graph], Shanghai Pharmaceuticals Holding, March 30, 2023. [Online]. Available: https://www.statista.com/statistics/1076177/china-pharmaceutical-companies-research-and-development/