Pharma Spent $38.8B on R&D in 2004, a 12-Percent Jump; Breakdown on Genomic Spending Due Soon

Feb 18, 2005

NEW YORK, Feb. 18 (GenomeWeb News) - Member companies of the Pharmaceutical Research and Manufacturers of America collectively spent $38.8 billion on R&D last year in their drug-discovery and -development efforts, the organization said today.

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