Comparing Innovation Spending: TG Therapeutics, Inc. and Novavax, Inc.

Biotech R&D: Novavax vs. TG Therapeutics

__timestampNovavax, Inc.TG Therapeutics, Inc.
Wednesday, January 1, 20147943500031354781
Thursday, January 1, 201516264400043445817
Friday, January 1, 201623793900066489820
Sunday, January 1, 201716843500096886134
Monday, January 1, 2018173797000153793000
Tuesday, January 1, 2019113842000148369000
Wednesday, January 1, 2020747027000151934000
Friday, January 1, 20212534508000198532000
Saturday, January 1, 20221235278000112128000
Sunday, January 1, 202373750200076192000
Loading chart...

Igniting the spark of knowledge

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, Novavax, Inc. and TG Therapeutics, Inc. have demonstrated contrasting approaches to R&D investment. From 2014 to 2023, Novavax's R&D expenses surged by over 900%, peaking in 2021 with a staggering 2.5 billion dollars, largely driven by their COVID-19 vaccine efforts. In contrast, TG Therapeutics maintained a steady growth, with a 530% increase, reaching its highest R&D expenditure in 2021 at nearly 200 million dollars. This comparison highlights Novavax's aggressive investment strategy, while TG Therapeutics adopts a more measured approach. As the biotech landscape continues to shift, these spending patterns offer insights into each company's strategic priorities and potential future breakthroughs.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025