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

Exelixis vs. TG Therapeutics: R&D Investment Showdown

__timestampExelixis, Inc.TG Therapeutics, Inc.
Wednesday, January 1, 201418910100031354781
Thursday, January 1, 20159635100043445817
Friday, January 1, 20169596700066489820
Sunday, January 1, 201711217100096886134
Monday, January 1, 2018182257000153793000
Tuesday, January 1, 2019336964000148369000
Wednesday, January 1, 2020547851000151934000
Friday, January 1, 2021693716000198532000
Saturday, January 1, 2022891813000112128000
Sunday, January 1, 2023104407100076192000
Monday, January 1, 2024910408000
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Unleashing insights

Innovation Investment: A Tale of Two Biotechs

In the competitive world of biotechnology, innovation is the lifeblood of success. Over the past decade, Exelixis, Inc. and TG Therapeutics, 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 has consistently outpaced TG Therapeutics in R&D spending, with a staggering 450% increase, peaking at over $1 billion in 2023. In contrast, TG Therapeutics saw a more modest growth, with R&D expenses rising by approximately 140% over the same period. This disparity highlights Exelixis's aggressive strategy to lead in innovation, while TG Therapeutics adopts a more measured approach. As the biotech landscape evolves, these investment trends could shape the future of medical advancements and market leadership.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025