Comparing Innovation Spending: Perrigo Company plc and Bausch Health Companies Inc.

R&D Spending Trends: Bausch vs. Perrigo

__timestampBausch Health Companies Inc.Perrigo Company plc
Wednesday, January 1, 2014246000000152500000
Thursday, January 1, 2015582800000187800000
Friday, January 1, 2016455000000184000000
Sunday, January 1, 2017366000000167700000
Monday, January 1, 2018414000000218600000
Tuesday, January 1, 2019471000000187400000
Wednesday, January 1, 2020452000000177700000
Friday, January 1, 2021465000000122000000
Saturday, January 1, 2022529000000123100000
Sunday, January 1, 2023604000000122500000
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Igniting the spark of knowledge

Innovation Spending: A Tale of Two Companies

In the ever-evolving pharmaceutical landscape, innovation is the key to staying ahead. This chart compares the research and development (R&D) expenses of Perrigo Company plc and Bausch Health Companies Inc. over the past decade. From 2014 to 2023, Bausch Health consistently outspent Perrigo, with its R&D expenses peaking at approximately 604 million in 2023, marking a 145% increase from 2014. In contrast, Perrigo's R&D spending saw a decline, dropping to around 122 million in 2023, a 20% decrease from its 2018 peak. This divergence highlights Bausch Health's commitment to innovation, while Perrigo appears to be scaling back. As the pharmaceutical industry faces new challenges and opportunities, these spending patterns may influence their future market positions.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025