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by hokumguru 2386 days ago
The United States spends the lion's share (>50 percent!) of R&D money on pharmaceuticals worldwide.

https://www.abpi.org.uk/facts-and-figures/science-and-innova...

1 comments

Given the marketing budgets of pharma for direct-to-consumer marketing in the US, which is a complete abomination, I'm not exactly convinced that they'll be running out of cash for research. Not to mention that R&D expenditure can be trivially gamed for tax avoidance purposes.