This statistic depicts the spending of the U.S. pharmaceutical industry on research and development at home and abroad from 1990 to 2023. Spending of the U.S. pharmaceutical industry (PhRMA members) on research and development abroad totaled approximately 1.62 billion U.S. dollars in 1990. Until 2022, this amount increased to 25.6 billion U.S. dollars. There was, however, a slight decrease to 24.6 billion dollars in 2023.
Spending of the U.S. pharmaceutical industry on research and development at home and abroad from 1990 to 2023
(in million U.S. dollars)
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.
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PhRMA. (August 16, 2024). Spending of the U.S. pharmaceutical industry on research and development at home and abroad from 1990 to 2023 (in million U.S. dollars) [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/265090/us-pharmaceutical-industry-spending-on-research-and-development/
PhRMA. "Spending of the U.S. pharmaceutical industry on research and development at home and abroad from 1990 to 2023 (in million U.S. dollars)." Chart. August 16, 2024. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/265090/us-pharmaceutical-industry-spending-on-research-and-development/
PhRMA. (2024). Spending of the U.S. pharmaceutical industry on research and development at home and abroad from 1990 to 2023 (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/265090/us-pharmaceutical-industry-spending-on-research-and-development/
PhRMA. "Spending of The U.S. Pharmaceutical Industry on Research and Development at Home and Abroad from 1990 to 2023 (in Million U.S. Dollars)." Statista, Statista Inc., 16 Aug 2024, https://www.statista.com/statistics/265090/us-pharmaceutical-industry-spending-on-research-and-development/
PhRMA, Spending of the U.S. pharmaceutical industry on research and development at home and abroad from 1990 to 2023 (in million U.S. dollars) Statista, https://www.statista.com/statistics/265090/us-pharmaceutical-industry-spending-on-research-and-development/ (last visited December 30, 2024)
Spending of the U.S. pharmaceutical industry on research and development at home and abroad from 1990 to 2023 (in million U.S. dollars) [Graph], PhRMA, August 16, 2024. [Online]. Available: https://www.statista.com/statistics/265090/us-pharmaceutical-industry-spending-on-research-and-development/
