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Pharmaceutical Industry Spending More, Seeing Fewer Returns On R&D, Survey Shows

Financial Times: Pharma industry’s return on R&D investment falls sharply
“The world’s 12 biggest drug companies are making a return of just 3.2 percent on their research and development spending this year — down from 10.1 percent in 2010, according to Deloitte’s annual survey of pharma R&D investment. At the same time the average cost of bringing a drug to market has soared to a record $2bn from $1.5bn in 2016 and $1.2bn in 2010, when the professional services firm launched its pharma survey…” (Cookson, 12/13).

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Filling the need for trusted information on national health issues, the Kaiser Family Foundation is a nonprofit organization based in Menlo Park, California.