Hacker News new | ask | show | jobs
by samfisher83 2659 days ago
The NIH is by far the single largest contributor to drug R+D in this country. Pretty much every big pharma company is cutting R+D.
1 comments
aaavl2821 2658 days ago
Johnson and Johnson invested $10.8B in r&d in 2018 compared to $34b nih budget. Merck spent $9.6b. Pfizer spent $8b. Bristol Myers spent $5b

Yes NIH is biggest single spender but pharma industry as a whole spends much more

link