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About:
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The research and development of medical gadgets and also drugs is sustained by both public and private resources of financing. In 2003, r & d expenditures were around $95 billion with $40 billion coming from public resources as well as $55 billion coming from exclusive sources. These investments right into medical research have made the United States the leader in clinical advancement, determined either in terms of profits or the variety of brand-new drugs and devices introduced. In 2016 the research and development costs by pharmaceutical companies in the UNITED STATE was estimated to be around 59 billion dollars.
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