Top 5 Pharmaceutical Companies With Highest R&D Spending

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1. Merck (NYSE:MRK)

Total R&D spend by the company in 2019 (in millions of dollars): 9,872

Total R&D spend by the company in 2019 (as a percentage of net sales): 21.08%

Topping the list of the top 5 pharmaceutical companies with highest R&D spending is Merck. Merck was founded 130 years ago in 1891 and is one of the biggest pharma companies not just in the United States, but in the world. Among its most famous products are Januvia, which is used for the treatment of diabetes, Zetia, which helps treat high cholesterol, Isentress, which treats HIV and Gardasil, which is a vaccine against cervical cancer, among many others.

See also: 12 Best Large-cap Biotech Stocks to Buy Now, 15 Biggest Corporate Fines in History and 15 largest drug companies in the world

Disclosure: None

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