Analyzing R&D Budgets: Insmed Incorporated vs CRISPR Therapeutics AG

Biotech Giants' R&D Surge: A Decade of Innovation

__timestampCRISPR Therapeutics AGInsmed Incorporated
Wednesday, January 1, 2014151300056292000
Thursday, January 1, 20151257300074277000
Friday, January 1, 201642238000122721000
Sunday, January 1, 201769800000109749000
Monday, January 1, 2018113773000145283000
Tuesday, January 1, 2019179362000131711000
Wednesday, January 1, 2020266946000181157000
Friday, January 1, 2021438633000272744000
Saturday, January 1, 2022461645000397518000
Sunday, January 1, 2023387332000571011000
Monday, January 1, 2024320653000
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Unveiling the hidden dimensions of data

A Decade of Innovation: R&D Spending in Biotech

In the ever-evolving world of biotechnology, research and development (R&D) are the lifeblood of innovation. Over the past decade, Insmed Incorporated and CRISPR Therapeutics AG have been at the forefront, investing heavily in R&D to drive breakthroughs. From 2014 to 2023, Insmed's R&D expenses surged by over 900%, peaking in 2023 with a 57% increase from the previous year. Meanwhile, CRISPR Therapeutics AG saw a remarkable 25% average annual growth in R&D spending, with a notable peak in 2022. This trend underscores the relentless pursuit of cutting-edge therapies and technologies. As these companies continue to push the boundaries of science, their R&D investments highlight the critical role of sustained funding in achieving transformative medical advancements.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025