Which of the following statements about pharmaceutical research and development

Question

Which of the following statements about pharmaceutical research and development (R&D) in India is correct?

The total R&D budget of India is less than the R&D budgets of some multinational companies. R&D budgets in India are about half as large as those of multinational corporations. R&D budgets in India are much larger than those of other foreign drug companies. R&D budgets in India are about the same as those of multinational corporations. The new drug patent law will decrease the amount spent on R&D in India.

Explanation / Answer

The total R&D budget of India is less than R & D budgets of some multinational companies.

India's total R&D budget has increased as compared to previous budget however there is yet so much to go before even trying to compete with the developed nations. there are some multi-national organisations or companies that have huge R&D buget and India's overall budget is less than it

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