Opthea Limited or TG Therapeutics, Inc.: Who Invests More in Innovation?

Opthea's R&D surge: A biotech innovation showdown

__timestampOpthea LimitedTG Therapeutics, Inc.
Wednesday, January 1, 2014340168531354781
Thursday, January 1, 2015428422843445817
Friday, January 1, 2016358129566489820
Sunday, January 1, 2017483830096886134
Monday, January 1, 201824891534153793000
Tuesday, January 1, 201931347891148369000
Wednesday, January 1, 202017480747151934000
Friday, January 1, 202134710152198532000
Saturday, January 1, 2022108459978112128000
Sunday, January 1, 202318156352376192000
Monday, January 1, 2024176326321
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Data in motion

Innovation Investment: Opthea vs. TG Therapeutics

In the competitive landscape of biotechnology, innovation is the lifeblood of success. Opthea Limited and TG Therapeutics, Inc. are two companies that have consistently invested in research and development (R&D) to drive their growth. From 2014 to 2023, TG Therapeutics led the charge with a peak R&D investment in 2021, spending nearly 200% more than Opthea in 2014. However, Opthea has shown remarkable growth, increasing its R&D expenses by over 5000% from 2014 to 2023, surpassing TG Therapeutics in 2023. This shift highlights Opthea's commitment to innovation, even as TG Therapeutics faced a decline in 2023. The data suggests a dynamic shift in the biotech sector, where Opthea's aggressive investment strategy could position it as a formidable player in the coming years. Missing data for TG Therapeutics in 2024 indicates potential strategic changes or reporting delays.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025