Friday, November 25, 2011

Biotech's Biggest Spenders for 2011

Interesting article over at Fierce Biotech on list Biotech's Biggest Spenders in 2011.
You can view the article here.

And the article makes an interesting observation comparing the size of R&D budgets for Biotech compared to Big Pharma:

"If you add up the R&D budgets for the top 15 public biotechs in the world, you'll find a tab that runs right about $10 billion. That's not small change, by any means, but to put it in some perspective, it is interesting to note that Roche, which has the largest research budget for any biopharma on the planet, spent a bit more than that last year advancing new drugs and technology."

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