In 2023, the expenditure of PhRMA members within the U.S. pharmaceutical industry on research and development amounted to some 96 billion U.S. dollars, significantly below 2021 and 2022. This statistic depicts the research and development expenditure of PhRMA members from 1980 to 2023.
R&D expenditure of the U.S. pharma industry (PhRMA members) from 1980 to 2023
(in billion 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.
PhRMA. (August 16, 2024). R&D expenditure of the U.S. pharma industry (PhRMA members) from 1980 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/265055/us-pharmaceuticals-spending-on-research-and-development/
PhRMA. "R&D expenditure of the U.S. pharma industry (PhRMA members) from 1980 to 2023 (in billion U.S. dollars)." Chart. August 16, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/265055/us-pharmaceuticals-spending-on-research-and-development/
PhRMA. (2024). R&D expenditure of the U.S. pharma industry (PhRMA members) from 1980 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/265055/us-pharmaceuticals-spending-on-research-and-development/
PhRMA. "R&d Expenditure of The U.S. Pharma Industry (Phrma Members) from 1980 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 16 Aug 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/265055/us-pharmaceuticals-spending-on-research-and-development/
PhRMA, R&D expenditure of the U.S. pharma industry (PhRMA members) from 1980 to 2023 (in billion U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/265055/us-pharmaceuticals-spending-on-research-and-development/ (last visited November 10, 2024)
R&D expenditure of the U.S. pharma industry (PhRMA members) from 1980 to 2023 (in billion U.S. dollars) [Graph], PhRMA, August 16, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/265055/us-pharmaceuticals-spending-on-research-and-development/