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	Podcast:		The Bio Report
	Episode:		Biopharma R&D Growing Stronger
	Category:		Business
	Duration:		00:30:36
	Publish Date:		2024-03-20 07:00:00
	Description:		Funding levels, drug launches, and R&D success rates all grew in 2023, according to a new report from the IQVIA Institute for Human Data Science. Global funding of biopharmaceutical research and development increased to $72 billion, up from $61 billion in 2022. M&A activity jumped to $140 billion from $78 billion during the same period. We spoke to Murray Aitken, executive director of the IQVIA Institute for Human Data Science, about its Global Trends in R&D 2024 report, what he’s watching, and why the new patent cliff for the industry will be less threatening than the last one.
	Total Play:		0

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