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Drug makers spend 6.3% of revenue on R&D in first quarter
Published: 2011-06-10 07:00:00
Updated: 2011-06-10 07:00:00
Details of drug company spending, revealed by Yakup com., showed that the country's 51 pharmaceutical companies on average spent 6.32 percent of their revenue on research and development (R&D) in the first half, much less than the 20 percent overseas pharmaceutical firms spend ― on research and developing new medicine.
The report comes at a time when the government has issued numerous warnin...
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