Exelixis, Inc. or BioCryst Pharmaceuticals, Inc.: Who Invests More in Innovation?

Exelixis vs. BioCryst: R&D Investment Showdown

__timestampBioCryst Pharmaceuticals, Inc.Exelixis, Inc.
Wednesday, January 1, 201451796000189101000
Thursday, January 1, 20157275800096351000
Friday, January 1, 20166100800095967000
Sunday, January 1, 201766962000112171000
Monday, January 1, 201884888000182257000
Tuesday, January 1, 2019107068000336964000
Wednesday, January 1, 2020122964000547851000
Friday, January 1, 2021208808000693716000
Saturday, January 1, 2022253297000891813000
Sunday, January 1, 20232165660001044071000
Monday, January 1, 2024910408000
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Infusing magic into the data realm

Innovation Investment: A Tale of Two Biotech Giants

In the competitive world of biotechnology, innovation is the lifeblood of success. Over the past decade, Exelixis, Inc. and BioCryst Pharmaceuticals, Inc. have been at the forefront of this race, each investing heavily in research and development (R&D) to drive breakthroughs. From 2014 to 2023, Exelixis consistently outpaced BioCryst in R&D spending, with a staggering 400% increase, peaking at over $1 billion in 2023. In contrast, BioCryst's investment grew by approximately 320%, reaching its highest at $253 million in 2022. This significant difference highlights Exelixis's aggressive strategy to lead in innovation. The data underscores the importance of R&D in maintaining a competitive edge in the biotech industry, where the stakes are high, and the rewards are transformative. As these companies continue to push the boundaries of science, their financial commitment to innovation remains a critical factor in their ongoing success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025