Exelixis, Inc. or Blueprint Medicines Corporation: Who Invests More in Innovation?

Exelixis leads in R&D investment over Blueprint Medicines.

__timestampBlueprint Medicines CorporationExelixis, Inc.
Wednesday, January 1, 201431844000189101000
Thursday, January 1, 20154858800096351000
Friday, January 1, 20168113100095967000
Sunday, January 1, 2017144687000112171000
Monday, January 1, 2018243621000182257000
Tuesday, January 1, 2019331450000336964000
Wednesday, January 1, 2020326860000547851000
Friday, January 1, 2021601033000693716000
Saturday, January 1, 2022477419000891813000
Sunday, January 1, 20234277200001044071000
Monday, January 1, 2024341433000910408000
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Cracking the code

Innovation Investment: Exelixis vs. Blueprint Medicines

In the competitive world of biotechnology, innovation is key. Over the past decade, Exelixis, Inc. and Blueprint Medicines Corporation have been at the forefront of this race, investing heavily in research and development (R&D). From 2014 to 2023, Exelixis consistently outpaced Blueprint Medicines in R&D spending, with a notable peak in 2023 where Exelixis invested nearly 2.5 times more than Blueprint. This trend highlights Exelixis's commitment to innovation, as their R&D expenses grew by over 450% from 2014 to 2023. Meanwhile, Blueprint Medicines also showed a strong upward trajectory, increasing their R&D investment by approximately 1,240% over the same period. These investments underscore the companies' dedication to pioneering new treatments and therapies, setting the stage for future breakthroughs in the biotech industry.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025