Biopharma R&D spending rebounded in 2023, up $11 billion from 2022 following a steep post-pandemic decline. But the number of new clinical trial starts slowed to levels from before the Covid-19 pandemic, the data and services firm IQVIA said in a new report.
There are fewer pandemic-related trials, the analysis found, but also fewer of other types of trials being started at both small and large biopharma companies.
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