The top pharmaceutical companies by R&D expenditure [Yahoo! Finance]
Merck & Company, Inc. (new) (MRK)
Last merck & company, inc. (new) earnings: 4/28 06:45 am
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Source: Yahoo! Finance
the pandemic and the research and development (R&D) focus shifted to other sectors in the drug development space such as the obesity and oncology. Last year, major pharmaceutical companies heavily invested in R&D, with expenditure ranging from around 14% to 50% of their revenues. Some of the emerging R&D trends include a resurgence in investment and pipeline activity with a focus on radiopharmaceuticals and targeted therapies in oncology. In this feature, we analyse publicly available data on how much leading pharma companies have spent on R&D expenditure in 2023. This analysed R&D investments were in the form of strategic acquisitions to expand a company's prowess in a particular area or by in-licensing drug candidates to beef up their pipelines. Merck & Co- $30.5bn Roche- $15.56bn (CHF 14.20bn) Johnson & Johnson- $15.09bn Novartis- $ 11.37bn AstraZeneca- $10.94bn Pfizer- $10.58bn Eli Lilly- $9.31bn Bristol Myers Squibb- $9.21bn AbbVie- $7.68bn Sanofi- $7.18bn
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Earnings
- 4/25/24 - Beat
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Sec Filings
- 5/15/24 - Form 424B5
- 5/15/24 - Form POSASR
- 5/6/24 - Form 144
- MRK's page on the SEC website