Alnylam Pharmaceuticals, Inc. vs Evotec SE: Strategic Focus on R&D Spending

Alnylam's R&D spending dwarfs Evotec's by 17 times in 2023.

__timestampAlnylam Pharmaceuticals, Inc.Evotec SE
Wednesday, January 1, 201419024900012404000
Thursday, January 1, 201527649500018343000
Friday, January 1, 201638239200018108000
Sunday, January 1, 201739063500017614000
Monday, January 1, 201850542000035619000
Tuesday, January 1, 201965511400058432000
Wednesday, January 1, 202065481900063945000
Friday, January 1, 202179215600072200000
Saturday, January 1, 202288301500076642000
Sunday, January 1, 2023100441500057519000
Monday, January 1, 20241126232000
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Strategic Focus on R&D: Alnylam Pharmaceuticals vs. Evotec SE

In the competitive landscape of biotechnology, research and development (R&D) spending is a critical indicator of a company's commitment to innovation. Over the past decade, Alnylam Pharmaceuticals, Inc. has consistently outpaced Evotec SE in R&D investment. From 2014 to 2023, Alnylam's R&D expenses surged by over 400%, peaking at approximately $1 billion in 2023. This reflects a strategic focus on pioneering RNA interference therapeutics. In contrast, Evotec SE's R&D spending grew by about 360% during the same period, reaching nearly $58 million in 2023. This disparity highlights Alnylam's aggressive investment strategy, which is nearly 17 times that of Evotec in 2023. Such financial commitment underscores Alnylam's ambition to lead in the biotech sector, while Evotec's steady growth indicates a more measured approach. As the industry evolves, these spending patterns may shape the future of medical breakthroughs.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025