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Novartis' R&D expenditure as a percent of revenue 2004-2017

Novartis AG's R&D expenditure as a percent of revenue from 2004 to 2017

The data describes Novartis expenditure on research and development, from 2004 to 2017, as a percent of revenue. In 2008, research and development expenditure accounted for about 17.4% of Novartis' total revenue.

2004 16
2005 16
2006 15
2007 17
2008 17.4
2009 16.5
2010 16
2011 16.3
2012 16.4
2013 17.1
2014 16.7
2015 17.7
2016 17.3
2017 16.9