I know this is supposed to be all of pharma, but I checked Pfizer and it is not true,
1.8B 2020 advertising https://www.statista.com/statistics/254404/us-ad-spending-of-pfizer/
9.4b 2020 R&D https://www.statista.com/statistics/267810/expenditure-on-research-and-development-at-pfizer-since-2006/
I know this is supposed to be all of pharma, but I checked Pfizer and it is not true,
1.8B 2020 advertising
https://www.statista.com/statistics/254404/us-ad-spending-of-pfizer/
9.4b 2020 R&D
https://www.statista.com/statistics/267810/expenditure-on-research-and-development-at-pfizer-since-2006/
(post is archived)