Alex Philippidis Senior News Editor Genetic Engineering & Biotechnology News
Which companies have the deepest pockets for research and development?
When it comes to research and development, you’ve got to give to get. Whether or not you actually get what you pay for is a matter of debate, but generally the biopharma companies that spend the most on R&D will be the ones to watch the most closely in the future for new developments. You’ve seen the top 10 pharma firms and the top 25 biotech companies: are any of the companies on those lists among the biggest R&D spenders?
To the right is GEN’s list of top 20 biopharmas ranked by their R&D spending for 2012. Listings include R&D spending for 2012 and 2011, the percentage difference between the two years, the percentage of sales for both years, and 2008 R&D spending and percentage of sales. Figures were disclosed by the companies in annual reports, and quarterly results press releases. Where applicable, figures were converted to U.S. dollars from other currencies.