Johnson & Johnson (J&J) is a leading global medtech and pharmaceutical company. In 2023, J&J spent more than 15 billion U.S. dollars on research and development programs. This is a significant increase compared to 2012 when the company spent 7.6 billion dollars on R&D.
Johnson & Johnson’s global positioning
Globally there are several top pharmaceutical companies, however Johnson & Johnson stand out about many of them with research and development being a top priority for the company. Therefore, it is no surprise that J&J is one of the top two pharmaceutical companies based on its R&D spending. Johnson & Johnson also has one of the largest current research and development pipelines among global pharmaceutical companies.
The importance of pharmaceutical R&D
Among all industries, pharmaceuticals and biotechnology are those with the largest investments in research and development. Pharmaceutical research and development is the process in which pharmaceutical companies apply research to generate new pharmaceutical products which in most cases involves clinical trials. The number of drugs being researched and developed globally has never been higher than in recent years. However, the success rate for new drugs in development is only around 10 percent.
Johnson & Johnson's expenditure on research and development from 2005 to 2023
(in million U.S. dollars)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Johnson & Johnson. (February 16, 2024). Johnson & Johnson's expenditure on research and development from 2005 to 2023 (in million U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/266407/research-and-development-expenditure-of-johnson-und-johnson-since-2006/
Johnson & Johnson. "Johnson & Johnson's expenditure on research and development from 2005 to 2023 (in million U.S. dollars)." Chart. February 16, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/266407/research-and-development-expenditure-of-johnson-und-johnson-since-2006/
Johnson & Johnson. (2024). Johnson & Johnson's expenditure on research and development from 2005 to 2023 (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/266407/research-and-development-expenditure-of-johnson-und-johnson-since-2006/
Johnson & Johnson. "Johnson & Johnson's Expenditure on Research and Development from 2005 to 2023 (in Million U.S. Dollars)." Statista, Statista Inc., 16 Feb 2024, https://www.statista.com/statistics/266407/research-and-development-expenditure-of-johnson-und-johnson-since-2006/
Johnson & Johnson, Johnson & Johnson's expenditure on research and development from 2005 to 2023 (in million U.S. dollars) Statista, https://www.statista.com/statistics/266407/research-and-development-expenditure-of-johnson-und-johnson-since-2006/ (last visited December 21, 2024)
Johnson & Johnson's expenditure on research and development from 2005 to 2023 (in million U.S. dollars) [Graph], Johnson & Johnson, February 16, 2024. [Online]. Available: https://www.statista.com/statistics/266407/research-and-development-expenditure-of-johnson-und-johnson-since-2006/
