Comparing Innovation Spending: Ascendis Pharma A/S and Protagonist Therapeutics, Inc.

Biotech Giants: Ascendis vs. Protagonist in R&D Spending

__timestampAscendis Pharma A/SProtagonist Therapeutics, Inc.
Wednesday, January 1, 2014196980007459000
Thursday, January 1, 20154052800011831000
Friday, January 1, 20166602200025705000
Sunday, January 1, 20179958900046181000
Monday, January 1, 201814028100059497000
Tuesday, January 1, 201919162100065003000
Wednesday, January 1, 202026090400074506000
Friday, January 1, 2021295867000126006000
Saturday, January 1, 2022379624000126215000
Sunday, January 1, 2023413454000120161000
Monday, January 1, 2024307004000
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Unlocking the unknown

Innovation Spending: A Tale of Two Biotechs

In the dynamic world of biotechnology, research and development (R&D) spending is a critical indicator of a company's commitment to innovation. Ascendis Pharma A/S and Protagonist Therapeutics, Inc. have been at the forefront of this race since 2014. Over the past decade, Ascendis Pharma has consistently outpaced Protagonist Therapeutics, with its R&D expenses growing by over 2,000% from 2014 to 2023. In contrast, Protagonist Therapeutics saw a more modest increase of approximately 1,500% during the same period. By 2023, Ascendis Pharma's R&D spending was nearly 3.5 times that of Protagonist Therapeutics. This significant investment underscores Ascendis Pharma's aggressive pursuit of innovation, positioning it as a leader in the biotech sector. As these companies continue to push the boundaries of medical science, their R&D investments will be pivotal in shaping the future of healthcare.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025