In the world of drug development, you're only as good as your pipeline. As many companies' older blockbuster drugs go off-patent, analysts are looking at pipelines to see who'll have what it takes to survive and grow, and which companies will fall behind in the race to develop new drugs.
A recent EU report [1] ranked the world's largest R&D budgets, and Pfizer took the lead--not just among drug developers but among all industries--with a staggering $8.34 billion budget in 2006. But as this report shows, spending more money doesn't necessarily make for a better pipeline. Take a look at this list of the top 15 pharmaceutical R&D budgets to find out how they're spending all those billions of dollars, who's keeping their edge, and who's falling behind.
1. Pfizer [2]
2. Johnson & Johnson [3]
3. GlaxoSmithKline [4]
4. Sanofi-Aventis [5]
5. Roche [6]
6. Novartis [7]
7. Merck [8]
8. AstraZeneca [9]
9. Amgen [10]
10. Bayer [11]
11. Eli Lilly [12]
12. Wyeth [13]
13. Bristol-Myers Squibb [14]
14. Abbott [15]
15. Schering-Plough [16]
Vote [17] for your favorite pipeline
Links:
[1] http://www.fiercebiotech.com/press-releases/press-release-worldwide-corporate-investment-r-d-grew-10-last-year
[2] http://www.fiercebiotech.com/special-reports/1-pfizer-top-15-r-d-budgets
[3] http://www.fiercebiotech.com/special-reports/2-johnson-johnson-top-15-r-d-budgets
[4] http://www.fiercebiotech.com/special-reports/3-glaxosmithkline-top-15-r-d-budgets
[5] http://www.fiercebiotech.com/special-reports/4-sanofi-aventis-top-15-r-d-budgets
[6] http://www.fiercebiotech.com/special-reports/5-roche-top-15-r-d-budgets
[7] http://www.fiercebiotech.com/special-reports/6-novartis-top-15-r-d-budgets
[8] http://www.fiercebiotech.com/special-reports/7-merck-top-15-r-d-budgets
[9] http://www.fiercebiotech.com/special-reports/8-astrazeneca-top-15-r-d-budgets
[10] http://www.fiercebiotech.com/special-reports/9-amgen-top-15-r-d-budgets
[11] http://www.fiercebiotech.com/special-reports/10-bayer-top-15-r-d-budgets
[12] http://www.fiercebiotech.com/special-reports/11-eli-lilly-top-15-r-d-budgets
[13] http://www.fiercebiotech.com/special-reports/12-wyeth-top-15-r-d-budgets
[14] http://www.fiercebiotech.com/special-reports/13-bristol-myers-squibb-top-15-r-d-budgets
[15] http://www.fiercebiotech.com/special-reports/14-abbott-top-15-r-d-budgets
[16] http://www.fiercebiotech.com/special-reports/15-schering-plough-top-15-r-d-budgets
[17] http://www.fiercebiotech.com/polls/which-company-do-you-think-has-strongest-pipeline