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R&D Investment by U.S. Biopharmaceutical Companies Increases to Record $65.3 Billion, Study Finds
Date:3/16/2010

ustry's commitment in supporting important advances in better medicines and new treatments for patients."

"America's biopharmaceutical research sector takes great pride in its global leadership in the development of new life-saving treatments and cures," said PhRMA President and CEO Billy Tauzin. "Over the past year the economic challenges have been enormous, but our industry's continued commitment to R&D is bringing hope to millions of patients around the world who are battling potentially devastating diseases such as cancer, heart disease and diabetes."

Burrill & Company computes R&D expenses among other key financial parameters on a quarterly basis for the universe of U.S. publicly listed biotech companies through its reports on the industry (sourced from company reports filed with the SEC). To create a comparable report additive to PhRMA's annual membership survey, Burrill applies a set of pre-determined criteria to their biotech research to identify and select non-member companies. Specifically:

  • Companies must be based in the United States of America
  • Companies must not be a member or member subsidiary of PhRMA and,
  • Companies must meet the "human healthc
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SOURCE Burrill & Company
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