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

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

__timestampExelixis, Inc.Soleno Therapeutics, Inc.
Wednesday, January 1, 20141891010002242216
Thursday, January 1, 2015963510004536244
Friday, January 1, 2016959670005184803
Sunday, January 1, 20171121710003068742
Monday, January 1, 20181822570007178000
Tuesday, January 1, 201933696400016267000
Wednesday, January 1, 202054785100023191000
Friday, January 1, 202169371600021453000
Saturday, January 1, 202289181300015265000
Sunday, January 1, 2023104407100025189000
Monday, January 1, 2024910408000
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Unleashing insights

Innovation Investment: A Tale of Two Biotech Companies

In the competitive world of biotechnology, investment in research and development (R&D) is crucial for innovation and growth. Over the past decade, Exelixis, Inc. and Soleno Therapeutics, Inc. have demonstrated contrasting approaches to R&D spending. From 2014 to 2023, Exelixis has consistently outpaced Soleno, with its R&D expenses growing by over 450%, reaching a peak in 2023. In contrast, Soleno's R&D investment, while increasing, remains modest, peaking at just 2.5% of Exelixis's 2023 expenditure. This disparity highlights Exelixis's aggressive strategy to lead in innovation, while Soleno adopts a more conservative approach. As the biotech industry evolves, these investment patterns may influence each company's ability to innovate and compete. Understanding these trends provides valuable insights into the strategic priorities of these companies and their potential impact on the future of biotechnology.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025