U.S. pharmaceutical industry spending on research and development 1990-2022

Spending of the U.S. pharmaceutical industry on research and development at home and abroad from 1990 to 2022

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Release date

August 2023

Region

United States

Survey time period

1990 to 2022

Special properties

PhRMA members

Supplementary notes

R&D Abroad includes expenditures outside the United States by U.S.-owned PhRMA member companies and R&D conducted abroad by the U.S. divisions of foreign-owned PhRMA member companies. R&D performed abroad by the foreign divisions of foreign-owned PhRMA member companies are excluded. Domestic R&D, however, includes R&D expenditures within the United States by all PhRMA member companies.

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