Gilead Sciences, Inc. or Takeda Pharmaceutical Company Limited: Who Invests More in Innovation?

Takeda vs. Gilead: A Decade of R&D Investment

__timestampGilead Sciences, Inc.Takeda Pharmaceutical Company Limited
Wednesday, January 1, 20142854000000382096000000
Thursday, January 1, 20153014000000345927000000
Friday, January 1, 20165098000000312303000000
Sunday, January 1, 20173734000000325441000000
Monday, January 1, 20185018000000368298000000
Tuesday, January 1, 20199106000000492381000000
Wednesday, January 1, 20205039000000455833000000
Friday, January 1, 20215363000000526087000000
Saturday, January 1, 20224977000000633325000000
Sunday, January 1, 20236923000000729924000000
Monday, January 1, 20245907000000729924000000
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Unlocking the unknown

Innovation Investment: A Tale of Two Giants

In the ever-evolving pharmaceutical industry, innovation is the lifeblood that drives progress. Gilead Sciences, Inc. and Takeda Pharmaceutical Company Limited are two titans in this field, each with a distinct approach to research and development (R&D) investment. Over the past decade, Takeda has consistently outpaced Gilead, investing nearly 100 times more in R&D by 2023. While Gilead's R&D expenses peaked in 2019, reaching approximately $9 billion, Takeda's investment has shown a steady upward trend, culminating in a staggering $730 billion in 2023. This stark contrast highlights Takeda's commitment to innovation, despite Gilead's significant contributions. The data from 2014 to 2023 reveals a fascinating narrative of strategic priorities and financial commitment, with Takeda's R&D spending growing by over 90% during this period. As we look to the future, these investments will likely shape the landscape of pharmaceutical advancements.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025