Comparing Innovation Spending: Neurocrine Biosciences, Inc. and Ionis Pharmaceuticals, Inc.

Biotech Giants' R&D Surge: A Decade of Innovation

__timestampIonis Pharmaceuticals, Inc.Neurocrine Biosciences, Inc.
Wednesday, January 1, 201424175100046425000
Thursday, January 1, 201532229200081491000
Friday, January 1, 201634432000094291000
Sunday, January 1, 2017374644000121827000
Monday, January 1, 2018414604000160524000
Tuesday, January 1, 2019466000000200000000
Wednesday, January 1, 2020535000000275000000
Friday, January 1, 2021643000000328100000
Saturday, January 1, 2022833000000463800000
Sunday, January 1, 2023899625000565000000
Monday, January 1, 2024901530000731100000
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In pursuit of knowledge

A Decade of Innovation: R&D Spending in Biotech

In the competitive world of biotechnology, innovation is the lifeblood of progress. Over the past decade, Ionis Pharmaceuticals, Inc. and Neurocrine Biosciences, Inc. have been at the forefront of this innovation race, significantly increasing their research and development (R&D) investments.

From 2014 to 2023, Ionis Pharmaceuticals has consistently led the charge, with its R&D expenses growing by approximately 272%, peaking in 2023. This commitment underscores Ionis's dedication to pioneering new treatments and therapies. Meanwhile, Neurocrine Biosciences has also shown a remarkable upward trend, with its R&D spending increasing by over 1,100% during the same period. This surge highlights Neurocrine's strategic focus on expanding its research capabilities.

These investments reflect the companies' unwavering commitment to innovation, promising a future rich with groundbreaking advancements in biotechnology.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025