CRISPR Therapeutics AG or HUTCHMED (China) Limited: Who Invests More in Innovation?

Biotech Giants' R&D Race: CRISPR vs. HUTCHMED

__timestampCRISPR Therapeutics AGHUTCHMED (China) Limited
Wednesday, January 1, 2014151300033472000
Thursday, January 1, 20151257300047368000
Friday, January 1, 20164223800066871000
Sunday, January 1, 20176980000050675000
Monday, January 1, 201811377300078821000
Tuesday, January 1, 201917936200091944000
Wednesday, January 1, 2020266946000111234000
Friday, January 1, 2021438633000207447000
Saturday, January 1, 2022461645000267587000
Sunday, January 1, 2023387332000303055000
Monday, January 1, 2024320653000
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Unleashing insights

Innovation Investment: A Tale of Two Biotech Giants

In the dynamic world of biotechnology, innovation is the lifeblood that propels companies forward. Over the past decade, CRISPR Therapeutics AG and HUTCHMED (China) Limited have been at the forefront of this innovation race. From 2014 to 2023, CRISPR Therapeutics AG has consistently outpaced HUTCHMED in research and development (R&D) spending, with a staggering 150% increase in their R&D budget. By 2023, CRISPR's investment in innovation reached nearly 39% more than HUTCHMED's. This trend underscores CRISPR's commitment to pioneering advancements in gene editing technologies. Meanwhile, HUTCHMED has shown a steady growth trajectory, doubling its R&D expenses over the same period, reflecting its strategic focus on expanding its oncology pipeline. As these two giants continue to invest heavily in R&D, the biotech industry eagerly anticipates the groundbreaking therapies that will emerge from their labs.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025