BioMarin Pharmaceutical Inc. vs ACADIA Pharmaceuticals Inc.: Strategic Focus on R&D Spending

R&D Spending: BioMarin vs. ACADIA's Strategic Focus

__timestampACADIA Pharmaceuticals Inc.BioMarin Pharmaceutical Inc.
Wednesday, January 1, 201460602000461543000
Thursday, January 1, 201573869000634806000
Friday, January 1, 201699284000661905000
Sunday, January 1, 2017149189000610753000
Monday, January 1, 2018187163000696328000
Tuesday, January 1, 2019240385000715007000
Wednesday, January 1, 2020319130000628116000
Friday, January 1, 2021239415000628793000
Saturday, January 1, 2022361575000649606000
Sunday, January 1, 2023351619000746773000
Monday, January 1, 2024747184000
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Unleashing insights

Strategic R&D Investments: A Tale of Two Biopharma Giants

In the competitive landscape of biopharmaceuticals, strategic investment in research and development (R&D) is crucial for innovation and growth. Over the past decade, BioMarin Pharmaceutical Inc. and ACADIA Pharmaceuticals Inc. have demonstrated contrasting approaches to R&D spending. From 2014 to 2023, BioMarin consistently allocated a significant portion of its resources to R&D, with expenditures peaking at approximately 750 million in 2023, marking a 62% increase from 2014. In contrast, ACADIA's R&D spending surged by nearly 480% over the same period, reaching its zenith in 2022. This strategic focus underscores the companies' commitment to pioneering new treatments and maintaining a competitive edge. As the biopharma industry continues to evolve, these investments highlight the importance of R&D in driving innovation and ensuring long-term success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025