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

Biotech R&D: PTC vs. TG Therapeutics' Decade of Innovation

__timestampPTC Therapeutics, Inc.TG Therapeutics, Inc.
Wednesday, January 1, 20147983800031354781
Thursday, January 1, 201512181600043445817
Friday, January 1, 201611763300066489820
Sunday, January 1, 201711745600096886134
Monday, January 1, 2018171984000153793000
Tuesday, January 1, 2019257452000148369000
Wednesday, January 1, 2020477643000151934000
Friday, January 1, 2021540684000198532000
Saturday, January 1, 2022651496000112128000
Sunday, January 1, 202366656300076192000
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Unlocking the unknown

A Decade of Innovation: TG Therapeutics vs. PTC Therapeutics

In the ever-evolving landscape 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 PTC Therapeutics, Inc. have demonstrated contrasting trajectories in their R&D investments. From 2014 to 2023, PTC Therapeutics has consistently outpaced TG Therapeutics, with its R&D expenses growing by over 730%, peaking in 2023. In contrast, TG Therapeutics saw a more modest increase of approximately 143% during the same period. Notably, PTC Therapeutics' R&D spending surged significantly in 2020, marking a pivotal year in its innovation journey. This trend underscores PTC's aggressive pursuit of breakthroughs, while TG Therapeutics maintains a steady, albeit slower, pace. As the biotech sector continues to expand, these spending patterns offer valuable 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