Alnylam Pharmaceuticals, Inc. or Protagonist Therapeutics, Inc.: Who Invests More in Innovation?

Alnylam vs. Protagonist: A Decade of R&D Investment

__timestampAlnylam Pharmaceuticals, Inc.Protagonist Therapeutics, Inc.
Wednesday, January 1, 20141902490007459000
Thursday, January 1, 201527649500011831000
Friday, January 1, 201638239200025705000
Sunday, January 1, 201739063500046181000
Monday, January 1, 201850542000059497000
Tuesday, January 1, 201965511400065003000
Wednesday, January 1, 202065481900074506000
Friday, January 1, 2021792156000126006000
Saturday, January 1, 2022883015000126215000
Sunday, January 1, 20231004415000120161000
Monday, January 1, 20241126232000
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Cracking the code

Innovation Investment: Alnylam vs. Protagonist

In the competitive world of biotechnology, innovation is the key to success. Alnylam Pharmaceuticals, Inc. and Protagonist Therapeutics, Inc. are two companies that have consistently invested in research and development (R&D) to drive their growth. Over the past decade, Alnylam has demonstrated a robust commitment to innovation, with R&D expenses growing by over 400% from 2014 to 2023. In contrast, Protagonist Therapeutics, while also increasing its R&D spending, has seen a more modest growth of around 150% during the same period.

Alnylam's investment in R&D reached its peak in 2023, with expenses surpassing $1 billion, highlighting its aggressive pursuit of groundbreaking therapies. Meanwhile, Protagonist's R&D spending, though significantly lower, reflects a steady commitment to innovation. This comparison underscores the varying strategies of these biotech firms in their quest to lead in the field of medical advancements.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025