Johnson & Johnson or ACADIA Pharmaceuticals Inc.: Who Invests More in Innovation?

Comparing R&D Investments: J&J vs. ACADIA

__timestampACADIA Pharmaceuticals Inc.Johnson & Johnson
Wednesday, January 1, 2014606020008494000000
Thursday, January 1, 2015738690009046000000
Friday, January 1, 2016992840009095000000
Sunday, January 1, 201714918900010554000000
Monday, January 1, 201818716300010775000000
Tuesday, January 1, 201924038500011355000000
Wednesday, January 1, 202031913000012340000000
Friday, January 1, 202123941500014277000000
Saturday, January 1, 202236157500014135000000
Sunday, January 1, 202335161900015048000000
Monday, January 1, 202417232000000
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Unlocking the unknown

Innovation Investment: A Tale of Two Companies

In the ever-evolving pharmaceutical landscape, innovation is the key to staying ahead. Over the past decade, Johnson & Johnson and ACADIA Pharmaceuticals Inc. have demonstrated contrasting approaches to research and development (R&D) investments. From 2014 to 2023, Johnson & Johnson consistently allocated a significant portion of its resources to R&D, with expenditures peaking at approximately $15 billion in 2023. This represents a steady increase of about 77% from 2014. In contrast, ACADIA Pharmaceuticals Inc., while smaller in scale, has shown a remarkable growth trajectory in its R&D spending, increasing by nearly 480% over the same period, reaching around $352 million in 2023. This stark difference highlights Johnson & Johnson's robust financial commitment to innovation, while ACADIA's rapid growth underscores its aggressive pursuit of new breakthroughs. As these companies continue to invest in the future, their strategies offer valuable insights into the dynamics of pharmaceutical innovation.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025