This statistic shows the average research and development cost for large and mid-sized biopharma companies to develop a new compound from discovery to market launch from 2013 to 2023. According to the data, average R&D costs showed a fluctuating tendency over the last six years.
Average cost to develop a compound for biopharma companies from 2013 to 2023
(in billion U.S. dollars)
Characteristic
Cost in billion U.S. dollars
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Deloitte. (April 15, 2024). Average cost to develop a compound for biopharma companies from 2013 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1343554/randd-cost-to-develop-biopharma-compound/
Deloitte. "Average cost to develop a compound for biopharma companies from 2013 to 2023 (in billion U.S. dollars)." Chart. April 15, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1343554/randd-cost-to-develop-biopharma-compound/
Deloitte. (2024). Average cost to develop a compound for biopharma companies from 2013 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1343554/randd-cost-to-develop-biopharma-compound/
Deloitte. "Average Cost to Develop a Compound for Biopharma Companies from 2013 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 15 Apr 2024, https://www.statista.com/statistics/1343554/randd-cost-to-develop-biopharma-compound/
Deloitte, Average cost to develop a compound for biopharma companies from 2013 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1343554/randd-cost-to-develop-biopharma-compound/ (last visited July 22, 2024)
Average cost to develop a compound for biopharma companies from 2013 to 2023 (in billion U.S. dollars) [Graph], Deloitte, April 15, 2024. [Online]. Available: https://www.statista.com/statistics/1343554/randd-cost-to-develop-biopharma-compound/
