Pharmaceutical and medicine manufacturing company-funded R&D

RecordSTO-0QMFAF1MGR-T1XPHY10KD-7TPG9E

114,225 millionUSD

United States · 2023

Pharmaceutical and medicine manufacturing company-funded R&D in the United States was 114,225 million USD in 2023 (NCSES).

Original source

Pharmaceutical R&D investment in United States: every year, the rank and how it is measured

Publisher
NCSES
Authority tier
T1 Official
Locator
Table 2. Funds spent for business R&D performed in the United States, by source of funds, selected industry, and company size: 2023
Retrieved
17 Sep 2026
Status
Verified

What the source says

Pharmaceuticals and medicines, 3254 125,986 empty 114,225 empty 11,761 empty 549 empty 2,104 empty 9,029 empty 79 empty

Checked: the figure 114,225 million USDis stated in this passage. If it does not match, the extraction is wrong and we want to know.

Cite this figure

APA

National Center for Science and Engineering Statistics. (2023). Business R&D Performance in the United States Increases to $722 Billion in 2023. Retrieved September 17, 2026, from https://ncses.nsf.gov/pubs/nsf25353. Via StatOrigin, https://statorigin.org/stat/stat_0QMFAF1MGRT1XPHY10KD7TPG9E

Other formats: MLA, Chicago, BibTeX
MLA
National Center for Science and Engineering Statistics. "Business R&D Performance in the United States Increases to $722 Billion in 2023." 2023, https://ncses.nsf.gov/pubs/nsf25353. Accessed 17 Sept. 2026 via StatOrigin, https://statorigin.org/stat/stat_0QMFAF1MGRT1XPHY10KD7TPG9E.
Chicago
National Center for Science and Engineering Statistics. "Business R&D Performance in the United States Increases to $722 Billion in 2023." 2023. https://ncses.nsf.gov/pubs/nsf25353. Accessed September 17, 2026. Cited from StatOrigin, https://statorigin.org/stat/stat_0QMFAF1MGRT1XPHY10KD7TPG9E.
BibTeX
@misc{ncses2023pharmaceutical7tpg9e, author = {{National Center for Science and Engineering Statistics}}, title = {Business R\&D Performance in the United States Increases to \$722 Billion in 2023}, year = {2023}, howpublished = {StatOrigin, https://statorigin.org}, url = {https://statorigin.org/stat/stat_0QMFAF1MGRT1XPHY10KD7TPG9E}, note = {Original source: https://ncses.nsf.gov/pubs/nsf25353. Accessed September 17, 2026.} }

Data published under CC BY 4.0. The citation credits the original publisher and links to this permanent record.

Provenance and verification

Everything needed to check this number yourself, without taking our word for it.

Chain of custody
Record: STO-0QMFAF1MGR-T1XPHY10KD-7TPG9E T1 Official

Primary source

Publisher
National Center for Science and Engineering Statistics · homepage ↗
Authority tier
Tier 1 · Multilateral Official
Report
Business R&D Performance in the United States Increases to $722 Billion in 2023
Type
Press release
Published
—
Locator
Table 2. Funds spent for business R&D performed in the United States, by source of funds, selected industry, and company size: 2023
Retrieved
17 September 2026
Link status
Reachable (HTTP 200)
Report licence
See source

Verification

Status
Verified
Review protocol
Editorial review
Checked on
17 September 2026
Last revision
17 September 2026
Permanent URL
/stat/stat_0QMFAF1MGRT1XPHY10KD7TPG9E