Exelixis, Inc. vs Protagonist Therapeutics, Inc.: Strategic Focus on R&D Spending

Biotech R&D: Exelixis vs. Protagonist's Investment Strategies

__timestampExelixis, Inc.Protagonist Therapeutics, Inc.
Wednesday, January 1, 20141891010007459000
Thursday, January 1, 20159635100011831000
Friday, January 1, 20169596700025705000
Sunday, January 1, 201711217100046181000
Monday, January 1, 201818225700059497000
Tuesday, January 1, 201933696400065003000
Wednesday, January 1, 202054785100074506000
Friday, January 1, 2021693716000126006000
Saturday, January 1, 2022891813000126215000
Sunday, January 1, 20231044071000120161000
Monday, January 1, 2024910408000
Loading chart...

Unleashing the power of data

Strategic R&D Investments: A Tale of Two Biotech Companies

In the competitive world of biotechnology, research and development (R&D) spending is a critical indicator of a company's commitment to innovation. Over the past decade, Exelixis, Inc. and Protagonist Therapeutics, Inc. have demonstrated contrasting strategies in their R&D investments.

Exelixis has consistently increased its R&D expenses, with a staggering 450% growth from 2014 to 2023. This strategic focus has positioned Exelixis as a leader in the biotech sector, with R&D spending peaking at over $1 billion in 2023. In contrast, Protagonist Therapeutics has shown a more modest increase, with R&D expenses growing by approximately 150% over the same period, reaching around $120 million in 2023.

These figures highlight the differing approaches to innovation and growth, with Exelixis taking a more aggressive stance in its pursuit of groundbreaking therapies.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025