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Bar Chart

Band 6+: The chart below shows how much money five big pharmaceutical companies spent on research in 2012 and 2018 and gives estimated numbers for the year 2030

Image for topic: The chart below shows how much money five big pharmaceutical companies spent on research in 2012 and 2018 and gives estimated numbers for the year 2030
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The image displays a bar chart titled 'Research spending, $bn' for five pharmaceutical companies in 2012, 2018, and an estimated 2030. For Novas, the spending was approximately 4, 16, and 55 billion dollars for 2012, 2018, and 2030 respectively. Flemin's spending values were 6, 14, and 32 billion. Biopharm's spending was 3, 8, and 26 billion. Avicenna's spending was 2, 11, and 25 billion. For Pharm, the spending was 9, 13, and 24 billion dollars across the three periods.
Given the complexity of the image, the above description may not be entirely accurate.
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The provided bar chart depicts total costs on medical research by 5 companies during from 2012 to 2018 and provides a forecast for 2030.

Overall, it is evident that the amount of money spent on inquiry by each company has risen. For instance, spendings of Flemin have doubled in 2018, compared to 2012. It can be noticed that Bioharm has experienced a major improvement in expenses. The least change has been made in Pharm, the rise was from approximately 8 billion dollars in 2012 to 13 billion dollars in 2018.

If we take a closer look at the estimation of expenditures in 2030, it can be noticed that the most significant rise will happen to the Novas company (about 56 billion dollars). However, a smoother increase will be experienced by Avicena or Pharm corporation. Steady rise in spendings of research can be explained by a stable position in the field and lack of need to conduct major analysis.

Word Count: 158

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The chart below shows how much money five big pharmaceutical companies spent on research in 2012 and 2018 and gives estimated numbers for the year 2030

The charts illustrate the proportion of research expenditure among five different pharmaceutical companies (Novas, Flemin, Biopharm, Avicenna, and Pharm) from 2012 to 2018, with estimations for 2030. Overall, as indicated in the data, Novas has experienced a dramatic increase in research budgeting between 2012 and 2030, followed by Flemin, Biopharm, Avicenna, and Pharm. In 2012, […]

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