Pfizer research and development expenses

Research and Development (R&D) expenses of Pfizer Inc 2002-2018

Amounts are in $millions.

Year R&D Expenses ($mn)
2018$8,006 
2017 $7,683
2016 $7,892
2015 $7,690
2014 $8,393
2013 $6,678
2012 $7,482 
2011 $8,681 
2010$9,483  
2009$7,824  
2008$7,924  
2007 $8,071 
2006 $7,599 
2005 $7,256 
2004 $7,513 
2003 $7,487
2002 $5,208 

Research and development expenses of Pfizer Inc grew to $8 billion in 2018 from $7.7 billion in 2017.