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The United States spends the lion's share (>50 percent!) of R&D money on pharmaceuticals worldwide. https://www.abpi.org.uk/facts-and-figures/science-and-innov
by hokumguru 7y ago
The United States spends the lion's share (>50 percent!) of R&D money on pharmaceuticals worldwide.
https://www.abpi.org.uk/facts-and-figures/science-and-innovation/worldwide-pharmaceutical-company-rd-expenditure-by-country/ https://www.abpi.org.uk/facts-and-figures/science-and-innova...
- Daishiman 7y agoGiven the marketing budgets of pharma for direct-to-consumer marketing in the US, which is a complete abomination, I'm not exactly convinced that they'll be running out of cash for research. Not to mention that R&D expenditure can be trivially gamed for tax avoidance purposes.