In 2023, the Chinese pharmaceutical giant Jiangsu Hengrui Pharmaceuticals spent more than 6.1 billion yuan on research and development, representing almost 27 percent of its overall operating income. As the leading developer of oncology medicine, the company's R&D spending increased by more than 400 percent between 2016 and 2022.
Share of research and development expenditure in overall operating revenue of Jiangsu Hengrui Pharmaceuticals Co., Ltd. from 2016 to 2023
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Shanghai Stock Exchange. (April 18, 2024). Share of research and development expenditure in overall operating revenue of Jiangsu Hengrui Pharmaceuticals Co., Ltd. from 2016 to 2023 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1405540/jiangsu-hengrui-pharmaceuticals-randd-expenditure-share/
Shanghai Stock Exchange. "Share of research and development expenditure in overall operating revenue of Jiangsu Hengrui Pharmaceuticals Co., Ltd. from 2016 to 2023." Chart. April 18, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1405540/jiangsu-hengrui-pharmaceuticals-randd-expenditure-share/
Shanghai Stock Exchange. (2024). Share of research and development expenditure in overall operating revenue of Jiangsu Hengrui Pharmaceuticals Co., Ltd. from 2016 to 2023. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1405540/jiangsu-hengrui-pharmaceuticals-randd-expenditure-share/
Shanghai Stock Exchange. "Share of Research and Development Expenditure in Overall Operating Revenue of Jiangsu Hengrui Pharmaceuticals Co., Ltd. from 2016 to 2023." Statista, Statista Inc., 18 Apr 2024, https://www.statista.com/statistics/1405540/jiangsu-hengrui-pharmaceuticals-randd-expenditure-share/
Shanghai Stock Exchange, Share of research and development expenditure in overall operating revenue of Jiangsu Hengrui Pharmaceuticals Co., Ltd. from 2016 to 2023 Statista, https://www.statista.com/statistics/1405540/jiangsu-hengrui-pharmaceuticals-randd-expenditure-share/ (last visited November 21, 2024)
Share of research and development expenditure in overall operating revenue of Jiangsu Hengrui Pharmaceuticals Co., Ltd. from 2016 to 2023 [Graph], Shanghai Stock Exchange, April 18, 2024. [Online]. Available: https://www.statista.com/statistics/1405540/jiangsu-hengrui-pharmaceuticals-randd-expenditure-share/
