Meir Pugatch’s Post

When R&D giants sneeze, clinical trials suffer.  It’s a well-known fact that the #Pharma sector is among the most R&D intensive industries in the world, with massive investments in #Innovation. Based on quarterly reporting, however, we can see an overall drop in R&D spending between the first halves of 2023 and 2024 (with some companies hit harder than others). As a result, clinical trials are also declining, particularly in European countries.  Key findings: 🚨 12.9% global decrease in R&D spending 🚨 Overall decline in all countries, including: 30.9% decrease in EU5 region 22.9% decrease in Canada. Reasons behind this decline in R&D go beyond cyclical investment trades. They also include more systemic issues, likely influenced by national policy decisions impacting the pharmaceutical sector. Countries and patients should take note of these issues to right the ship.  #Research #ClinicalTrials #Pfizer #JnJ #Abbvie #Merck #Sanofi #Roche #GSK #AstraZeneca #Novartis #BMS Gabin Nathan

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