R&D spending of Jiangsu Hengrui Pharmaceuticals 2016-2023

Published by
Wenyi Zhang,
Nov 18, 2024

In 2023, the Chinese pharmaceutical giant Jiangsu Hengrui Pharmaceuticals spent more than 6.1 billion yuan or almost 27 percent of its operating income on research and development. As the leading developer of oncology medicine, the company's R&D spending increased by more than 400 percent between 2016 and 2022.

Research and development expenditure of Jiangsu Hengrui Pharmaceuticals Co., Ltd. from 2016 to 2023 (in billion yuan)

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Release date

April 2024

Region

China

Survey time period

2016 to 2023

Supplementary notes

One yuan equals approximately 0.14 U.S. dollars and 0.13 euros (as of November 2024).

Figures prior to 2022 have been retrieved from the previous publications.
Figures have been rounded for a better understanding.

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