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essential2pharmaceuticals

Most of the $48 billion the chemistry industry spends every year in research and development goes toward developing new pharmaceuticals. An analysis by the Columbia Business School shows that every $15 billion invested in pharmaceutical research and development saves 1.6 million lives annually. That’s equivalent to saving a city the size of Philadelphia every single year.

Did You Know

He

The American chemistry industry is the world leader in producing liquid helium, the chemical which makes MRI machines possible by cooling the superconductive magnets.


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