Geron Corporation or Taro Pharmaceutical Industries Ltd.: Who Invests More in Innovation?

Geron vs. Taro: A Decade of R&D Investment

__timestampGeron CorporationTaro Pharmaceutical Industries Ltd.
Wednesday, January 1, 20142070700055430000
Thursday, January 1, 20151783100065510000
Friday, January 1, 20161804700071160000
Sunday, January 1, 20171103300070644000
Monday, January 1, 20181343200070418000
Tuesday, January 1, 20195207200063238000
Wednesday, January 1, 20205148800059777000
Friday, January 1, 20218572700060152000
Saturday, January 1, 20229551800054540000
Sunday, January 1, 202312504600052243000
Monday, January 1, 202464536000
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Infusing magic into the data realm

Innovation Investment: A Tale of Two Companies

In the competitive world of pharmaceuticals, innovation is key. Geron Corporation and Taro Pharmaceutical Industries Ltd. have been at the forefront of this race, each investing significantly in research and development (R&D) over the past decade. From 2014 to 2023, Taro consistently allocated a substantial portion of its budget to R&D, peaking in 2016 with a 71% increase from 2014. Meanwhile, Geron Corporation's investment strategy saw a dramatic shift, with a staggering 505% increase in R&D spending from 2017 to 2023. This surge highlights Geron's commitment to innovation, especially in recent years. However, Taro's steady investment underscores its long-term dedication to research. As we look to the future, the missing data for 2024 leaves us curious about the next steps for these industry leaders. Will Geron maintain its upward trajectory, or will Taro reclaim its dominance in innovation spending?

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025