Analyzing R&D Budgets: CymaBay Therapeutics, Inc. vs Geron Corporation

Biotech Giants: R&D Spending Trends Over a Decade

__timestampCymaBay Therapeutics, Inc.Geron Corporation
Wednesday, January 1, 20141582300020707000
Thursday, January 1, 20151702600017831000
Friday, January 1, 20161594100018047000
Sunday, January 1, 20171893800011033000
Monday, January 1, 20185812400013432000
Tuesday, January 1, 20198383700052072000
Wednesday, January 1, 20203588200051488000
Friday, January 1, 20216454200085727000
Saturday, January 1, 20226799500095518000
Sunday, January 1, 202380118000125046000
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In pursuit of knowledge

A Decade of Innovation: R&D Spending in Biotech

In the ever-evolving world of biotechnology, research and development (R&D) spending is a key indicator of a company's commitment to innovation. Over the past decade, CymaBay Therapeutics, Inc. and Geron Corporation have demonstrated significant investment in R&D, reflecting their dedication to advancing medical science.

CymaBay Therapeutics, Inc.

From 2014 to 2023, CymaBay's R&D expenses surged by over 400%, peaking in 2023. This growth underscores their strategic focus on developing novel therapies, particularly in the field of metabolic diseases.

Geron Corporation

Similarly, Geron Corporation's R&D spending increased by approximately 500% during the same period, with a notable spike in 2023. This investment highlights their commitment to pioneering treatments in oncology.

Both companies have shown resilience and adaptability, navigating the challenges of the biotech industry while prioritizing innovation and patient outcomes.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025