US Pharma R&D spend grew 3% in 2008
New statistics reveal that R&D investment in new medicines by the US biopharmaceutical industry was $65.2 billion in 2008, an increase of 3% from 2007, according to a combined analysis conducted by Burrill & Co, a San Francisco-based global life sciences firm, and the Washington DC-based trade association Pharmaceutical Research and Manufacturers of America (PhRMA).
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