Comparing Innovation Spending: Halozyme Therapeutics, Inc. and Geron Corporation

Biotech R&D: Halozyme vs. Geron - A Decade of Innovation

__timestampGeron CorporationHalozyme Therapeutics, Inc.
Wednesday, January 1, 20142070700079696000
Thursday, January 1, 20151783100093236000
Friday, January 1, 201618047000150842000
Sunday, January 1, 201711033000150643000
Monday, January 1, 201813432000150252000
Tuesday, January 1, 201952072000140804000
Wednesday, January 1, 20205148800034236000
Friday, January 1, 20218572700035672000
Saturday, January 1, 20229551800066607000
Sunday, January 1, 202312504600076363000
Monday, January 1, 202479048000
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Unveiling the hidden dimensions of data

Innovation Spending: A Tale of Two Biotechs

In the ever-evolving world of biotechnology, research and development (R&D) spending is a key indicator of a company's commitment to innovation. Over the past decade, Halozyme Therapeutics, Inc. and Geron Corporation have demonstrated contrasting approaches to R&D investment. From 2014 to 2023, Halozyme consistently outspent Geron, peaking in 2016 with R&D expenses nearly doubling Geron's. However, Geron has shown a remarkable upward trend, increasing its R&D spending by over 500% from 2014 to 2023. This surge reflects Geron's strategic pivot towards more aggressive innovation. Meanwhile, Halozyme's R&D expenses have seen fluctuations, with a notable dip in 2020. As of 2023, Geron's R&D spending reached its highest, closing the gap with Halozyme. This dynamic shift highlights the competitive nature of the biotech industry, where strategic investments in innovation can redefine market positions.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025