COVID-19 Boost As Pharma ROI Hits Heights Not Seen For Seven Years, Finds Deloitte
Executive Summary
Expected return on investment for pharma firms jumped sharply to 7% in 2021, driven largely by COVID-19 R&D but even when the pandemic's impact was stripped out, there was an increase in core R&D productivity compared with 2020, a new report from Deloitte has found. The average cost of developing a drug also declined from 2020 to 2021.