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Based in New Brunswick, N.J., the 124-year-old pharmaceutical and packaged-goods corporation spent 7.8 percent less on R&D in 2009 than in 2008. Still, the company – ranked No. 1 in total revenue among pharmaceutical companies worldwide, with nearly $62 billion – devoted $7 billion on new products. The corporation has significant global reach: 10 research hubs, 250 subsidiary company, operations in 57 countries, and products sold in more than 175 countries.
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