Corcept Therapeutics Incorporated or Amphastar Pharmaceuticals, Inc.: Who Invests More in Innovation?

Corcept vs. Amphastar: A Decade of R&D Investment

__timestampAmphastar Pharmaceuticals, Inc.Corcept Therapeutics Incorporated
Wednesday, January 1, 20142842700018372000
Thursday, January 1, 20153706500015419000
Friday, January 1, 20164119900023844000
Sunday, January 1, 20174341500040376000
Monday, January 1, 20185756400075247000
Tuesday, January 1, 20196885300089017000
Wednesday, January 1, 202067229000114764000
Friday, January 1, 202160932000113864000
Saturday, January 1, 202274771000130991000
Sunday, January 1, 202373741000184353000
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Unlocking the unknown

Innovation Investment: A Tale of Two Companies

In the competitive world of pharmaceuticals, innovation is key. Over the past decade, Corcept Therapeutics Incorporated and Amphastar Pharmaceuticals, Inc. have shown distinct strategies in their research and development (R&D) investments. From 2014 to 2023, Corcept Therapeutics has consistently outpaced Amphastar, with R&D expenses peaking at nearly 184% higher in 2023. This trend highlights Corcept's aggressive push towards innovation, especially notable in 2020 when their R&D spending surged by 29% compared to the previous year. Meanwhile, Amphastar's investment has been more steady, with a notable increase of 163% from 2014 to 2023. This data underscores the varying approaches to innovation within the pharmaceutical industry, with Corcept's strategy focusing on rapid growth and Amphastar maintaining a more gradual increase. As these companies continue to evolve, their investment in R&D will likely play a crucial role in their future success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025