Halozyme Therapeutics, Inc. vs Amicus Therapeutics, Inc.: Strategic Focus on R&D Spending

Biotech R&D: Amicus vs. Halozyme's Strategic Spending

__timestampAmicus Therapeutics, Inc.Halozyme Therapeutics, Inc.
Wednesday, January 1, 20144762400079696000
Thursday, January 1, 20157694300093236000
Friday, January 1, 2016104793000150842000
Sunday, January 1, 2017149310000150643000
Monday, January 1, 2018270902000150252000
Tuesday, January 1, 2019286378000140804000
Wednesday, January 1, 202030844300034236000
Friday, January 1, 202127204900035672000
Saturday, January 1, 202227667700066607000
Sunday, January 1, 202315238100076363000
Monday, January 1, 202479048000
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Data in motion

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

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, Amicus Therapeutics, Inc. and Halozyme Therapeutics, Inc. have demonstrated contrasting strategies in their R&D investments. From 2014 to 2023, Amicus Therapeutics increased its R&D spending by over 220%, peaking in 2020. This surge underscores their aggressive pursuit of groundbreaking therapies. In contrast, Halozyme's R&D expenses fluctuated, with a notable decline of nearly 75% from 2016 to 2020, reflecting a strategic pivot or potential resource reallocation. As of 2023, Amicus's R&D expenditure remains nearly double that of Halozyme, highlighting their sustained focus on innovation. This analysis provides a window into the strategic priorities of these biotech firms, offering insights into their future growth trajectories.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025