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

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

__timestampCorcept Therapeutics IncorporatedExelixis, Inc.
Wednesday, January 1, 201418372000189101000
Thursday, January 1, 20151541900096351000
Friday, January 1, 20162384400095967000
Sunday, January 1, 201740376000112171000
Monday, January 1, 201875247000182257000
Tuesday, January 1, 201989017000336964000
Wednesday, January 1, 2020114764000547851000
Friday, January 1, 2021113864000693716000
Saturday, January 1, 2022130991000891813000
Sunday, January 1, 20231843530001044071000
Monday, January 1, 2024910408000
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Igniting the spark of knowledge

Innovation Investment: A Tale of Two Biotech Companies

In the competitive world of biotechnology, innovation is the lifeblood of success. Over the past decade, Exelixis, Inc. and Corcept Therapeutics Incorporated have been at the forefront of this race, investing heavily in research and development (R&D) to drive breakthroughs. From 2014 to 2023, Exelixis consistently outpaced Corcept in R&D spending, with a staggering 450% increase, peaking at over $1 billion in 2023. In contrast, Corcept's R&D investment grew by approximately 900%, reaching $184 million in the same year. This significant disparity highlights Exelixis's aggressive strategy to maintain its competitive edge. However, Corcept's steady growth in R&D spending reflects its commitment to innovation, albeit on a smaller scale. As these companies continue to push the boundaries of medical science, their investment strategies offer valuable insights into the future of biotech innovation.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025