Comparing Innovation Spending: TG Therapeutics, Inc. and Dynavax Technologies Corporation

Biotech R&D: TG Therapeutics vs. Dynavax

__timestampDynavax Technologies CorporationTG Therapeutics, Inc.
Wednesday, January 1, 20148458000031354781
Thursday, January 1, 20158694300043445817
Friday, January 1, 20168449300066489820
Sunday, January 1, 20176498800096886134
Monday, January 1, 201874951000153793000
Tuesday, January 1, 201962331000148369000
Wednesday, January 1, 202028607000151934000
Friday, January 1, 202132228000198532000
Saturday, January 1, 202246600000112128000
Sunday, January 1, 20235488600076192000
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Unleashing insights

Innovation Spending in Biotech: A Decade of Change

In the ever-evolving world of biotechnology, research and development (R&D) spending is a critical indicator of a company's commitment to innovation. Over the past decade, TG Therapeutics, Inc. and Dynavax Technologies Corporation have demonstrated contrasting trajectories in their R&D investments. From 2014 to 2023, TG Therapeutics increased its R&D expenses by approximately 143%, peaking in 2021. This surge underscores their aggressive pursuit of new therapies. In contrast, Dynavax's R&D spending saw a decline of about 35% from its 2015 peak, reflecting a strategic shift or potential resource reallocation. By 2023, TG Therapeutics' R&D expenses were nearly 39% higher than Dynavax's, highlighting their divergent paths. This comparison not only sheds light on each company's strategic priorities but also offers insights into the broader trends shaping the biotech industry.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025