Comparing Innovation Spending: ADMA Biologics, Inc. and Arrowhead Pharmaceuticals, Inc.

Biotech R&D: Arrowhead vs. ADMA - A Decade of Spending

__timestampADMA Biologics, Inc.Arrowhead Pharmaceuticals, Inc.
Wednesday, January 1, 2014951701423138050
Thursday, January 1, 2015701594657410147
Friday, January 1, 2016768823841454452
Sunday, January 1, 2017622958731690298
Monday, January 1, 2018392612052968505
Tuesday, January 1, 2019234384881048686
Wednesday, January 1, 20205907013128874979
Friday, January 1, 20213646060206342000
Saturday, January 1, 20223613764297307000
Sunday, January 1, 20233300000353188000
Monday, January 1, 2024505870000
Loading chart...

Infusing magic into the data realm

Innovation Spending: A Tale of Two Biotech Companies

In the ever-evolving world of biotechnology, research and development (R&D) spending is a critical indicator of a company's commitment to innovation. Over the past decade, Arrowhead Pharmaceuticals, Inc. has consistently outpaced ADMA Biologics, Inc. in R&D investment. From 2014 to 2023, Arrowhead's R&D expenses surged by over 1,400%, peaking at $353 million in 2023. In contrast, ADMA's spending saw a decline, dropping by approximately 65% over the same period, with expenditures falling to $3.3 million in 2023. This stark contrast highlights Arrowhead's aggressive pursuit of innovation, while ADMA appears to be more conservative in its R&D approach. The data for 2024 is incomplete, but the trend suggests Arrowhead's continued dominance in R&D investment. As the biotech industry advances, these spending patterns may significantly influence each company's future breakthroughs and market positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025