Alkermes plc or MorphoSys AG: Who Invests More in Innovation?

Biopharma Giants' R&D Race: Alkermes vs. MorphoSys

__timestampAlkermes plcMorphoSys AG
Wednesday, January 1, 2014775300055962693
Thursday, January 1, 2015401900078655788
Friday, January 1, 2016230100095723069
Sunday, January 1, 20177232000116808575
Monday, January 1, 201868895000106397017
Tuesday, January 1, 201952816000108431600
Wednesday, January 1, 20201946000141426832
Friday, January 1, 20211020000225200000
Saturday, January 1, 2022393842000297812160
Sunday, January 1, 2023270806000283614139
Monday, January 1, 2024245326000
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Unleashing insights

Innovation Investment: A Tale of Two Biopharma Giants

In the competitive world of biopharmaceuticals, innovation is the lifeblood of success. Alkermes plc and MorphoSys AG, two industry leaders, have been vying for the top spot in research and development (R&D) investment since 2014. Over the past decade, MorphoSys AG has consistently outpaced Alkermes in R&D spending, with an average annual investment of approximately 151% more than Alkermes. Notably, in 2021, MorphoSys AG's R&D expenses surged to nearly double that of Alkermes, highlighting their commitment to pioneering new therapies.

However, 2022 marked a turning point. Alkermes made a significant leap, increasing their R&D investment by over 380% compared to the previous year, surpassing MorphoSys for the first time. This shift underscores Alkermes' strategic pivot towards innovation, setting the stage for an exciting rivalry in the years to come.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025