Analyzing R&D Budgets: Sarepta Therapeutics, Inc. vs Ionis Pharmaceuticals, Inc.

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

__timestampIonis Pharmaceuticals, Inc.Sarepta Therapeutics, Inc.
Wednesday, January 1, 201424175100094231000
Thursday, January 1, 2015322292000146394000
Friday, January 1, 2016344320000188272000
Sunday, January 1, 2017374644000166707000
Monday, January 1, 2018414604000401843000
Tuesday, January 1, 2019466000000560909000
Wednesday, January 1, 2020535000000722343000
Friday, January 1, 2021643000000771182000
Saturday, January 1, 2022833000000877090000
Sunday, January 1, 2023899625000877387000
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Cracking the code

A Decade of Innovation: R&D Spending in Biotech

In the competitive world of biotechnology, research and development (R&D) spending is a key indicator of a company's commitment to innovation. Over the past decade, Ionis Pharmaceuticals, Inc. and Sarepta Therapeutics, Inc. have been at the forefront of this race.

From 2014 to 2023, Ionis Pharmaceuticals increased its R&D budget by nearly 273%, starting from approximately $242 million in 2014 to almost $900 million in 2023. Meanwhile, Sarepta Therapeutics demonstrated an even more aggressive growth, with its R&D expenses surging by over 830% from around $94 million in 2014 to nearly $877 million in 2023.

This trend underscores the escalating investment in groundbreaking therapies and the fierce competition in the biotech sector. As these companies continue to push the boundaries of medical science, their R&D investments are a testament to their dedication to advancing healthcare.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025