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Bar Chart

Band 5+: the chart below shows how much money five big companies spent on researgin 2012 and 2018 and gives an estimate of the amounts spent in 2022

Image for topic: the chart below shows how much money five big companies spent on researgin 2012 and 2018 and gives an estimate of the amounts spent in 2022
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The image presents research spending data in $bn for five pharmaceutical companies over the years 2012, 2018, and projected for 2022. Novas spent 12bn in 2012, 20bn in 2018, and is projected at 50bn in 2022. Fleming's spending was 8bn in 2012, increasing to 20bn in 2018, with a 2022 estimate of 30bn. Biopharm's expenditure was 6bn in 2012, 10bn in 2018, and projected at 15bn in 2022. Avicenna recorded spending of 5bn in 2012, rising to 7bn in 2018, and projected at 8bn in 2022. Pharm's research budget was 4bn in 2012, 5bn in 2018, and projected for 2022 is 6bn.
Given the complexity of the image, the above description may not be entirely accurate.
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The bar chart shows information about how much money was spenton research by five popular pharmaceutical companies in 2012 to 2022. Overall, all the figures showed increase over the period. Moreover, Novas stood out among other companies and showed the highest figure.

Novas and Fleming exhibited higher figures compared to remeining ones. Starting at 3 milions in 2012, the amount of money spent on research in Novas grew to 17 millions in 2018. The figure continued it’s trajectory and reached 57 millions in the final year. Fleming spent 5 millions in the first year, but then the figure rose significantly over the period and reached 30 millions in 2022.

Biopharm, Avicenna and Pharm followed similiar patterns. In the first year Biopharm didn’t spent money on research but there was an increase to 6 millions in the 2018. In the final year the figure reached 24 millions. The amount of money spent by Avicenna started at 2 millions, the figure that then increased to 23 millions in the final year. Pharm spent 9 millions in 2012 but in the next yearthe amount of money grew to 12 millions. In the final year the figure reached 22 millions.

Word Count: 196

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the chart below shows how much money five big companies spent on researgin 2012 and 2018 and gives an estimate of the amounts spent in 2022

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