R&D Insights: How Bristol-Myers Squibb Company and TG Therapeutics, Inc. Allocate Funds

Comparing R&D strategies of Bristol-Myers Squibb and TG Therapeutics

__timestampBristol-Myers Squibb CompanyTG Therapeutics, Inc.
Wednesday, January 1, 2014453400000031354781
Thursday, January 1, 2015592000000043445817
Friday, January 1, 2016494000000066489820
Sunday, January 1, 2017641100000096886134
Monday, January 1, 20186345000000153793000
Tuesday, January 1, 20196148000000148369000
Wednesday, January 1, 202011143000000151934000
Friday, January 1, 202110195000000198532000
Saturday, January 1, 20229509000000112128000
Sunday, January 1, 2023929900000076192000
Monday, January 1, 202411159000000
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Cracking the code

R&D Spending: A Tale of Two Companies

In the competitive world of pharmaceuticals, research and development (R&D) is the lifeblood of innovation. Over the past decade, Bristol-Myers Squibb Company and TG Therapeutics, Inc. have demonstrated contrasting approaches to R&D investment. Bristol-Myers Squibb, a giant in the industry, has consistently allocated substantial resources, with a peak in 2020 where R&D expenses surged to nearly 150% of their 2014 levels. This reflects their commitment to maintaining a robust pipeline of new therapies. In contrast, TG Therapeutics, a smaller player, has shown a steady increase in R&D spending, peaking in 2021 at over six times their 2014 investment. This growth underscores their aggressive pursuit of innovation despite limited resources. The data from 2014 to 2023 highlights the strategic priorities of these companies, offering insights into their future trajectories in the pharmaceutical landscape.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025