Analyzing R&D Budgets: Zoetis Inc. vs Viking Therapeutics, Inc.

R&D Investment Trends: Zoetis vs Viking Therapeutics

__timestampViking Therapeutics, Inc.Zoetis Inc.
Wednesday, January 1, 201422223073396000000
Thursday, January 1, 20156966842364000000
Friday, January 1, 20169000499376000000
Sunday, January 1, 201713741186382000000
Monday, January 1, 201819040000432000000
Tuesday, January 1, 201923559000457000000
Wednesday, January 1, 202031931000463000000
Friday, January 1, 202144981000508000000
Saturday, January 1, 202254234000539000000
Sunday, January 1, 202363806000614000000
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Infusing magic into the data realm

A Decade of R&D: Zoetis Inc. vs Viking Therapeutics, Inc.

In the ever-evolving pharmaceutical landscape, research and development (R&D) budgets are pivotal. Over the past decade, Zoetis Inc. and Viking Therapeutics, Inc. have demonstrated contrasting strategies in their R&D investments. Zoetis, a leader in animal health, consistently allocated substantial resources, with a peak of $614 million in 2023, marking a 55% increase from 2014. In contrast, Viking Therapeutics, a smaller player in the biotech sector, showed a remarkable growth trajectory, with R&D expenses surging by nearly 187% from 2014 to 2023, reaching $64 million. This divergence highlights Zoetis's steady commitment to innovation, while Viking's aggressive scaling reflects its ambition to carve a niche in the competitive biotech market. As the industry continues to innovate, these R&D investments will likely shape the future of healthcare solutions.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025