Comparing Innovation Spending: Ligand Pharmaceuticals Incorporated and Evotec SE

Evotec vs. Ligand: A Decade of R&D Investment Trends

__timestampEvotec SELigand Pharmaceuticals Incorporated
Wednesday, January 1, 20141240400012122000
Thursday, January 1, 20151834300013380000
Friday, January 1, 20161810800021221000
Sunday, January 1, 20171761400026887000
Monday, January 1, 20183561900027863000
Tuesday, January 1, 20195843200055908000
Wednesday, January 1, 20206394500059392000
Friday, January 1, 20217220000069012000
Saturday, January 1, 20227664200036082000
Sunday, January 1, 20235751900024537000
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Data in motion

Innovation Spending: A Tale of Two Companies

In the competitive world of pharmaceuticals, research and development (R&D) spending is a key indicator of a company's commitment to innovation. Over the past decade, Evotec SE and Ligand Pharmaceuticals Incorporated have demonstrated contrasting trends in their R&D investments. From 2014 to 2023, Evotec SE's R&D expenses surged by over 360%, peaking in 2022. In contrast, Ligand Pharmaceuticals saw a more modest increase of around 200%, with a notable decline in 2023. This divergence highlights Evotec's aggressive push towards innovation, while Ligand's recent dip may suggest a strategic pivot or market challenges. As the industry evolves, these spending patterns could significantly impact their competitive positioning and future growth. Understanding these trends provides valuable insights into the strategic priorities of these pharmaceutical giants.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025