In this article we are going to list the Top 5 Pharmaceutical Companies With Highest R&D Spending. For a detailed coverage of this topic and a more comprehensive list please head on over to the Top 15 Pharmaceutical Companies With Highest R&D Spending.
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5. Bristol Myer Squibb (NYSE:BMY)
Total R&D spend by the company in 2019 (in millions of dollars): 6,148
Total R&D spend by the company in 2019 (as a percentage of net sales): 23.5%
We have plenty of American companies in our list, and Bristol Myers Squibb is no exception, with more than $42 billion in sales in 2020. It is also currently the subject of a $1 billion lawsuit for its part in a role where the US government infected hundreds of Guatemalans with syphilis.