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research and development
noun
R D. the part of a commercial company's activity concerned with applying the results of scientific research to develop new products and improve existing ones
Example Sentences
So far this year, more than a dozen drug makers have pledged to spend over $350 billion collectively by the end of this decade on manufacturing, research and development and other functions in the U.S., a Wall Street Journal tally of company announcements showed.
He said Britain needs to adequately encourage research and development through tax incentives and partnerships with academic institutions.
The company said it has raised more than $20 million, including more than $16.2 million in venture funding and about $3.8 million in non-dilutive research and development grants.
In July, AstraZeneca said it would invest $50bn on medicine manufacturing and research and development in the US.
AI investments—in equipment, data centers, and research and development, for example—accounted for as much as half of U.S. gross-domestic-product growth in the first half of 2025.
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