Spring Intro 2023

03/03/2023

OVERVIEW OF NEW PRODUCT DEVELOPMENT

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Pharmaceutical R&D highest level of industry investment in the world

Pharmaceutical R&D Industrial Sector Comparison:

17.0%

Computer Software & Services

10.5%

Electrical & Electronics

8.4%

7.8%

Office Equipment & Services

5.3%

Telecommunications

Leisure Time Products

4.7%

Automotive

3.9%

Aerospace & Defense

3.8%

1.2%

Metals & Mining

0.73%

Paper & Forest Products

All Industries

3.9%

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