Johnson & Johnson or Intra-Cellular Therapies, Inc.: Who Invests More in Innovation?

Comparing R&D Investments: J&J vs. Intra-Cellular Therapies

__timestampIntra-Cellular Therapies, Inc.Johnson & Johnson
Wednesday, January 1, 2014212263458494000000
Thursday, January 1, 2015877180749046000000
Friday, January 1, 2016938315309095000000
Sunday, January 1, 20177941900910554000000
Monday, January 1, 201813216691310775000000
Tuesday, January 1, 20198912483811355000000
Wednesday, January 1, 20206578213712340000000
Friday, January 1, 20218884551314277000000
Saturday, January 1, 202213471500014135000000
Sunday, January 1, 202318014200015048000000
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Igniting the spark of knowledge

Innovation Investment: A Tale of Two Companies

In the ever-evolving landscape of pharmaceuticals, innovation is the lifeblood of progress. Johnson & Johnson, a titan in the industry, and Intra-Cellular Therapies, Inc., a rising star, both exemplify this commitment. From 2014 to 2023, Johnson & Johnson consistently invested significantly more in research and development (R&D), with annual expenditures averaging around $11.5 billion. In contrast, Intra-Cellular Therapies, Inc. allocated an average of $97 million annually, a mere 1% of Johnson & Johnson's investment.

Despite the disparity, Intra-Cellular Therapies, Inc. has shown a remarkable growth trajectory, increasing its R&D spending by over 750% from 2014 to 2023. This underscores the company's dedication to innovation, even with limited resources. As the pharmaceutical industry continues to advance, these investments highlight the diverse strategies companies employ to drive innovation and maintain competitive edges.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025