| __timestamp | Catalyst Pharmaceuticals, Inc. | Summit Therapeutics Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 10117774 | 15635076 |
| Thursday, January 1, 2015 | 11801342 | 23943601 |
| Friday, January 1, 2016 | 11369941 | 23689111 |
| Sunday, January 1, 2017 | 11375237 | 41006114 |
| Monday, January 1, 2018 | 19919204 | 51379106 |
| Tuesday, January 1, 2019 | 18842752 | 32705593 |
| Wednesday, January 1, 2020 | 16496715 | 53274000 |
| Friday, January 1, 2021 | 16936000 | 85352000 |
| Saturday, January 1, 2022 | 19789000 | 51999000 |
| Sunday, January 1, 2023 | 93150000 | 59471000 |
Data in motion
In the competitive landscape of biopharmaceuticals, research and development (R&D) spending is a critical indicator of innovation and future growth. Over the past decade, Summit Therapeutics Inc. and Catalyst Pharmaceuticals, Inc. have demonstrated contrasting strategies in their R&D investments.
Summit Therapeutics has consistently outpaced Catalyst Pharmaceuticals, with R&D expenses peaking at approximately 85 million in 2021, a staggering 400% increase from 2014. This aggressive investment underscores Summit's commitment to pioneering new therapies. In contrast, Catalyst Pharmaceuticals maintained a more conservative approach, with a notable spike in 2023, where their R&D spending surged by over 800% compared to 2014.
These trends highlight the dynamic nature of R&D strategies in the biopharma sector, reflecting each company's unique approach to innovation and market positioning.
Comparing Innovation Spending: Pfizer Inc. and Summit Therapeutics Inc.
Comparing Innovation Spending: Bristol-Myers Squibb Company and Catalyst Pharmaceuticals, Inc.
Comparing Innovation Spending: GSK plc and Catalyst Pharmaceuticals, Inc.
Research and Development: Comparing Key Metrics for Biogen Inc. and Summit Therapeutics Inc.
Research and Development: Comparing Key Metrics for United Therapeutics Corporation and Summit Therapeutics Inc.
Research and Development Investment: Summit Therapeutics Inc. vs Geron Corporation
Summit Therapeutics Inc. or Celldex Therapeutics, Inc.: Who Invests More in Innovation?
Comparing Innovation Spending: Summit Therapeutics Inc. and Viridian Therapeutics, Inc.
Research and Development: Comparing Key Metrics for Lantheus Holdings, Inc. and Catalyst Pharmaceuticals, Inc.
TG Therapeutics, Inc. vs Catalyst Pharmaceuticals, Inc.: Strategic Focus on R&D Spending
Research and Development: Comparing Key Metrics for Verona Pharma plc and Catalyst Pharmaceuticals, Inc.
R&D Spending Showdown: Catalyst Pharmaceuticals, Inc. vs Iovance Biotherapeutics, Inc.