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R&D (Research and Development)

Research and Development (R&D) is a systematic and investigative process that organizations undertake to create new products, services, technologies, or knowledge. It involves activities such as scientific research, experimentation, innovation, and product design.

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For instance, a pharmaceutical company invests in R&D to discover and develop new drugs. Research scientists conduct experiments, clinical trials, and studies to create novel medications and therapies.

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R&D (Research and Development)

Research and Development (R&D) is a systematic and investigative process that organizations undertake to create new products, services, technologies, or knowledge. It involves activities such as scientific research, experimentation, innovation, and product design.

‍

For instance, a pharmaceutical company invests in R&D to discover and develop new drugs. Research scientists conduct experiments, clinical trials, and studies to create novel medications and therapies.