BioMarin Pharmaceutical Inc. vs Bausch Health Companies Inc.: Strategic Focus on R&D Spending

R&D Spending: BioMarin vs. Bausch Health

__timestampBausch Health Companies Inc.BioMarin Pharmaceutical Inc.
Wednesday, January 1, 2014246000000461543000
Thursday, January 1, 2015582800000634806000
Friday, January 1, 2016455000000661905000
Sunday, January 1, 2017366000000610753000
Monday, January 1, 2018414000000696328000
Tuesday, January 1, 2019471000000715007000
Wednesday, January 1, 2020452000000628116000
Friday, January 1, 2021465000000628793000
Saturday, January 1, 2022529000000649606000
Sunday, January 1, 2023604000000746773000
Monday, January 1, 2024747184000
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In pursuit of knowledge

Strategic R&D Investments: A Tale of Two Companies

In the competitive landscape of pharmaceuticals, strategic investment in research and development (R&D) is crucial. Over the past decade, BioMarin Pharmaceutical Inc. and Bausch Health Companies Inc. have demonstrated contrasting approaches to R&D spending. BioMarin has consistently outpaced Bausch Health, with its R&D expenses growing by approximately 62% from 2014 to 2023. In 2023, BioMarin's R&D spending reached a peak, marking a 20% increase from the previous year. Meanwhile, Bausch Health's R&D investment, although showing a steady increase, grew by about 145% over the same period, with a notable surge in 2023. This divergence highlights BioMarin's aggressive pursuit of innovation, while Bausch Health appears to be catching up. These trends underscore the importance of R&D in driving pharmaceutical advancements and maintaining competitive advantage.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025