Lantheus Holdings, Inc. or Viridian Therapeutics, Inc.: Who Invests More in Innovation?

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

__timestampLantheus Holdings, Inc.Viridian Therapeutics, Inc.
Wednesday, January 1, 201413673000293000
Thursday, January 1, 2015143580001002000
Friday, January 1, 201612203000888000
Sunday, January 1, 20171812500019623000
Monday, January 1, 20181707100030421000
Tuesday, January 1, 20192001800034794000
Wednesday, January 1, 20203278800028304000
Friday, January 1, 20214496600056886000
Saturday, January 1, 2022311681000100894000
Sunday, January 1, 202377707000159765000
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Unlocking the unknown

Innovation Investment: A Tale of Two Companies

In the competitive landscape of biotechnology, innovation is the key to success. Lantheus Holdings, Inc. and Viridian Therapeutics, Inc. have been at the forefront of this race, each investing significantly in research and development (R&D) over the past decade. From 2014 to 2023, Lantheus Holdings saw a remarkable increase in R&D spending, peaking in 2022 with a 900% rise compared to 2014. Meanwhile, Viridian Therapeutics, starting with modest investments, surged ahead in 2023, doubling its R&D expenses from the previous year. This strategic focus on innovation highlights the dynamic nature of the biotech industry, where companies must continuously adapt and invest to stay ahead. As these two companies vie for leadership, their commitment to R&D underscores the importance of innovation in driving future growth and success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025