Healthcare companies that spend the most on R&D

R&D expense · Fiscal year 2025

1MerckMRK$15.8B
2AstraZenecaAZN$14.2B
3Eli LillyLLY$13.3B
4PfizerPFE$10.4B
5Bristol Myers SquibbBMY$10.0B
6GSKGSK$9.9B
7AbbVieABBV$9.1B
8Novo Nordisk A SNVO$7.9B
9AmgenAMGN$7.3B
10Regeneron PharmaceuticalsREGN$5.9B