Industry analyst IQVIA has conducted research into global R&D trends in the pharmaceutical industry, finding that, notwithstanding significant disruption, activity has been at an all-time high during the pandemic.
The researchers found that there was some reprioritization of clinical trial activity during 2020 due to COVID-19, but new sources of funding and strategic transactions kept overall levels buoyant.
R&D was particularly active in the area of oncology, according to the report, which was prepared by IQVIA’s Institute for Human Data Science.
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