Axsome Therapeutics, Inc. or ADMA Biologics, Inc.: Who Invests More in Innovation?

Axsome vs. ADMA: A Decade of R&D Investment Trends

__timestampADMA Biologics, Inc.Axsome Therapeutics, Inc.
Wednesday, January 1, 201495170144279200
Thursday, January 1, 201570159466776987
Friday, January 1, 2016768823821199860
Sunday, January 1, 2017622958719957616
Monday, January 1, 2018392612023495055
Tuesday, January 1, 2019234384853647067
Wednesday, January 1, 2020590701370244579
Friday, January 1, 2021364606058060725
Saturday, January 1, 2022361376457947447
Sunday, January 1, 2023330000097944000
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Unlocking the unknown

Innovation Investment: A Tale of Two Biotechs

In the competitive world of biotechnology, innovation is the lifeblood of success. Over the past decade, Axsome Therapeutics, Inc. and ADMA Biologics, Inc. have demonstrated contrasting approaches to research and development (R&D) investment. From 2014 to 2023, Axsome Therapeutics has consistently outpaced ADMA Biologics, with R&D expenses peaking at nearly 98 million in 2023, a staggering 900% increase from 2014. In contrast, ADMA Biologics' investment has seen a decline, with a 65% drop from its 2014 peak of approximately 9.5 million. This divergence highlights Axsome's aggressive pursuit of innovation, potentially positioning it as a leader in the biotech sector. As investors and stakeholders evaluate these trends, the question remains: will Axsome's substantial R&D spending translate into groundbreaking therapies and market success?

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025