Big pharma keeps growing production in-house, report finds
A new report from industry analyst GlobalData finds that the compound annual growth rate (CAGR) of capital expenditure in public pharma companies increased by 4.7% between 2014 and 2018.
The company’s latest report, “ Bio/Pharma CapEx Trends – 2019 Edition,” reveals that mega or large cap firms collectively accounted for around three quarters of the total spending.
The five largest such companies spent more than a quarter of the overall total in 2018.
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