Intra-Cellular Therapies, Inc. or MorphoSys AG: Who Invests More in Innovation?

Biotech Giants' R&D Battle: Who Leads in Innovation?

__timestampIntra-Cellular Therapies, Inc.MorphoSys AG
Wednesday, January 1, 20142122634555962693
Thursday, January 1, 20158771807478655788
Friday, January 1, 20169383153095723069
Sunday, January 1, 201779419009116808575
Monday, January 1, 2018132166913106397017
Tuesday, January 1, 201989124838108431600
Wednesday, January 1, 202065782137141426832
Friday, January 1, 202188845513225200000
Saturday, January 1, 2022134715000297812160
Sunday, January 1, 2023180142000283614139
Loading chart...

Unlocking the unknown

Innovation Race: Intra-Cellular Therapies, Inc. vs. MorphoSys AG

In the dynamic world of biotechnology, innovation is the lifeblood that propels companies forward. Over the past decade, Intra-Cellular Therapies, Inc. and MorphoSys AG have been at the forefront of this innovation race, investing heavily in research and development (R&D) to bring groundbreaking therapies to market. From 2014 to 2023, MorphoSys AG consistently outpaced Intra-Cellular Therapies, Inc. in R&D spending, with an average annual investment that was approximately 55% higher. Notably, in 2022, MorphoSys AG's R&D expenses peaked at nearly 3 times their 2014 levels, underscoring their commitment to innovation. Meanwhile, Intra-Cellular Therapies, Inc. demonstrated a steady increase in R&D investment, culminating in a 2023 expenditure that was over 8 times their 2014 spending. This relentless pursuit of innovation by both companies highlights the critical role of R&D in driving the future of biotechnology.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025