R&D Insights: How Biogen Inc. and CRISPR Therapeutics AG Allocate Funds

Biogen vs. CRISPR: R&D Spending Trends Unveiled

__timestampBiogen Inc.CRISPR Therapeutics AG
Wednesday, January 1, 201418934220001513000
Thursday, January 1, 2015201280000012573000
Friday, January 1, 2016197330000042238000
Sunday, January 1, 2017225360000069800000
Monday, January 1, 20182597200000113773000
Tuesday, January 1, 20192280600000179362000
Wednesday, January 1, 20203990900000266946000
Friday, January 1, 20212501200000438633000
Saturday, January 1, 20222231100000461645000
Sunday, January 1, 20232702600000387332000
Monday, January 1, 20242041800000320653000
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Unveiling the hidden dimensions of data

R&D Spending: A Tale of Two Innovators

In the ever-evolving landscape of biotechnology, research and development (R&D) spending is a critical indicator of a company's commitment to innovation. Biogen Inc. and CRISPR Therapeutics AG, two giants in the biotech industry, have shown distinct approaches to R&D investment over the past decade.

Biogen Inc., a leader in neuroscience, has consistently allocated substantial resources to R&D, with expenditures peaking in 2020 at nearly double their 2014 levels. This reflects a robust commitment to advancing treatments for neurological disorders. In contrast, CRISPR Therapeutics AG, a pioneer in gene editing, has demonstrated a remarkable growth trajectory in R&D spending, increasing by over 25,000% from 2014 to 2023. This surge underscores their aggressive pursuit of cutting-edge genetic therapies.

These trends highlight the dynamic nature of biotech innovation, where strategic R&D investments can shape the future of healthcare.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025