Johnson & Johnson or ADMA Biologics, Inc.: Who Invests More in Innovation?

Comparing R&D investments: Johnson & Johnson vs. ADMA Biologics

__timestampADMA Biologics, Inc.Johnson & Johnson
Wednesday, January 1, 201495170148494000000
Thursday, January 1, 201570159469046000000
Friday, January 1, 201676882389095000000
Sunday, January 1, 2017622958710554000000
Monday, January 1, 2018392612010775000000
Tuesday, January 1, 2019234384811355000000
Wednesday, January 1, 2020590701312340000000
Friday, January 1, 2021364606014277000000
Saturday, January 1, 2022361376414135000000
Sunday, January 1, 2023330000015048000000
Monday, January 1, 202417232000000
Loading chart...

Cracking the code

Innovation Investment: A Tale of Two Companies

In the world of pharmaceuticals and biotechnology, innovation is the lifeblood of progress. Johnson & Johnson, a titan in the healthcare industry, and ADMA Biologics, Inc., a specialized biopharmaceutical company, present a fascinating contrast in their investment strategies. Over the past decade, Johnson & Johnson has consistently allocated a significant portion of its resources to research and development, with annual expenses peaking at approximately $15 billion in 2023. This represents a steady increase of about 77% from 2014. In contrast, ADMA Biologics, Inc. has shown a more modest investment, with R&D expenses reaching around $3.3 million in 2023, a decrease of 65% from its 2014 peak. This disparity highlights the differing scales and strategies of these companies, with Johnson & Johnson's robust investment underscoring its commitment to innovation on a global scale.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025