R&D Insights: How Exelixis, Inc. and Amicus Therapeutics, Inc. Allocate Funds

Biotech R&D: Exelixis vs. Amicus Spending Trends

__timestampAmicus Therapeutics, Inc.Exelixis, Inc.
Wednesday, January 1, 201447624000189101000
Thursday, January 1, 20157694300096351000
Friday, January 1, 201610479300095967000
Sunday, January 1, 2017149310000112171000
Monday, January 1, 2018270902000182257000
Tuesday, January 1, 2019286378000336964000
Wednesday, January 1, 2020308443000547851000
Friday, January 1, 2021272049000693716000
Saturday, January 1, 2022276677000891813000
Sunday, January 1, 20231523810001044071000
Monday, January 1, 2024910408000
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R&D Spending: A Tale of Two Biotech Innovators

In the competitive world of biotechnology, research and development (R&D) spending is a critical indicator of a company's commitment to innovation. Over the past decade, Exelixis, Inc. and Amicus Therapeutics, Inc. have demonstrated contrasting strategies in their R&D investments. From 2014 to 2023, Exelixis has consistently outpaced Amicus, with its R&D expenses growing by over 450%, peaking at $1.04 billion in 2023. In contrast, Amicus's R&D spending saw a more modest increase of approximately 220%, reaching its highest point in 2020 with $308 million. This divergence highlights Exelixis's aggressive push towards expanding its research capabilities, while Amicus adopts a more measured approach. As the biotech landscape evolves, these spending patterns may offer insights into each company's future growth and innovation potential.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025