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Leading companies in China by R&D expenditure
This month our pharma industry key list brings you the 15 largest companies in China by R&D expenditure, as ranked by GlobalData's Pharma Intelligence Centre. All numbers as of September 2020.
| Company name | R&D expenditure ($million) | Headquarters location | Number of employees |
Jiangsu Hengrui Medicine Co Ltd | 382 | China | 24,700 |
CSPC Pharmaceutical Group Ltd | 202 | China | 17,300 |
Innovent Biologics Inc | 185 | China | 1,445 |
Shanghai Fosun Pharmaceutical (Group) Co Ltd | 152 | China | 31,370 |
Zai Lab Ltd | 120 | China | 298 |
Sichuan Kelun Pharmaceutical Co Ltd | 105 | China | 19,990 |
Guangzhou Baiyunshan Pharmaceutical Holdings Co Ltd | 84 | China | 23,131 |
Joincare Pharmaceutical Group Industry Co Ltd | 78 | China | 12,699 |
Tasly Pharmaceutical Group Co Ltd | 75 | China | 9,235 |
Huadong Medicine Co Ltd | 68 | China | - |
Zhejiang Hisun Pharmaceutical Co Ltd | 65 | China | 8,072 |
Humanwell Healthcare Group Co Ltd | 59 | China | 15,137 |
Shenzhen Salubris Pharmaceuticals Co Ltd | 58 | China | 4,622 |
Zhejiang Huahai Pharmaceutical Co Ltd | 52 | China | 6,050 |
Luye Pharma Group Ltd | 43 | China | 4,417 |
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