R & D

The collaboration is a “crucial step” in Innovent’s bid to expand its global footprint, said Dr. Hui Zhou, Innovent’s chief R&D officer for oncology pipeline.

Now Quantum Systems is well established there, with its own design, R&D and manufacturing operation and well over 1,000a drones patrolling Ukrainian skies every day, said Paul Strobel, Quantum’s spokesman.

Higher R&D capitalization boosted earnings by around 500 million Swedish kronor.

Achieving an industrial margin of over 10% is impressive on the face of it, but the figure is flattered by higher R&D capitalization and a property sale in buses, Bernstein says.

They expect R&D spending to increase to 3.2% of GDP in 2030 from 2.7% in 2024.