MannKind Corporation or Travere Therapeutics, Inc.: Who Invests More in Innovation?

Biotech Giants: Who Leads in R&D Investment?

__timestampMannKind CorporationTravere Therapeutics, Inc.
Wednesday, January 1, 201410024400047795223
Thursday, January 1, 20152967400050426000
Friday, January 1, 20161491700070853000
Sunday, January 1, 20171411800078168000
Monday, January 1, 20188737000123757000
Tuesday, January 1, 20196900000140963000
Wednesday, January 1, 20206248000131773000
Friday, January 1, 202112312000210328000
Saturday, January 1, 202219721000235780000
Sunday, January 1, 202331283000244990000
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Unleashing insights

Innovation Investment: A Tale of Two Biotechs

In the competitive world of biotechnology, innovation is the lifeblood of success. Over the past decade, MannKind Corporation and Travere Therapeutics, Inc. have been at the forefront of this race. From 2014 to 2023, Travere Therapeutics consistently outpaced MannKind in research and development (R&D) spending. In 2023, Travere's R&D expenses were nearly eight times higher than MannKind's, highlighting their commitment to innovation. While MannKind's investment peaked in 2014, Travere's spending has shown a steady upward trend, culminating in a 413% increase over the decade. This strategic focus on R&D positions Travere as a leader in the biotech sector, potentially driving groundbreaking advancements. As the industry evolves, these investments could be pivotal in shaping the future of healthcare.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025