Intra-Cellular Therapies, Inc. or Soleno Therapeutics, Inc.: Who Invests More in Innovation?

Biotech Giants: Who Leads in R&D Investment?

__timestampIntra-Cellular Therapies, Inc.Soleno Therapeutics, Inc.
Wednesday, January 1, 2014212263452242216
Thursday, January 1, 2015877180744536244
Friday, January 1, 2016938315305184803
Sunday, January 1, 2017794190093068742
Monday, January 1, 20181321669137178000
Tuesday, January 1, 20198912483816267000
Wednesday, January 1, 20206578213723191000
Friday, January 1, 20218884551321453000
Saturday, January 1, 202213471500015265000
Sunday, January 1, 202318014200025189000
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Unleashing the power of data

Innovation Investment: A Tale of Two Biotech Companies

In the competitive world of biotechnology, innovation is the lifeblood of success. Over the past decade, Intra-Cellular Therapies, Inc. and Soleno Therapeutics, Inc. have been at the forefront of this race, each investing significantly in research and development (R&D). From 2014 to 2023, Intra-Cellular Therapies consistently outpaced Soleno Therapeutics, with R&D expenses peaking at nearly 180% higher in 2023. This trend highlights Intra-Cellular's commitment to innovation, with an average annual R&D investment of approximately $97 million, compared to Soleno's $12 million. The data reveals a clear trajectory: Intra-Cellular Therapies is aggressively pursuing breakthroughs, while Soleno maintains a more conservative approach. As the biotech landscape evolves, these investment strategies will likely shape the future of both companies, influencing their ability to bring new therapies to market and improve patient outcomes.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025