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

Biotech R&D: Exelixis vs. CymaBay's Strategic Spending

__timestampCymaBay Therapeutics, Inc.Exelixis, Inc.
Wednesday, January 1, 201415823000189101000
Thursday, January 1, 20151702600096351000
Friday, January 1, 20161594100095967000
Sunday, January 1, 201718938000112171000
Monday, January 1, 201858124000182257000
Tuesday, January 1, 201983837000336964000
Wednesday, January 1, 202035882000547851000
Friday, January 1, 202164542000693716000
Saturday, January 1, 202267995000891813000
Sunday, January 1, 2023801180001044071000
Monday, January 1, 2024910408000
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In pursuit of knowledge

R&D Spending: A Tale of Two Biotech Innovators

In the dynamic 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 CymaBay Therapeutics, Inc. have demonstrated contrasting approaches to R&D investment. From 2014 to 2023, Exelixis has consistently outpaced CymaBay, with its R&D expenses growing by over 450%, peaking in 2023. This surge underscores Exelixis's aggressive strategy to expand its research capabilities. In contrast, CymaBay's R&D spending, while more modest, has shown a steady increase of approximately 400% over the same period, reflecting a more measured approach. The year 2019 marked a significant leap for both companies, with CymaBay nearly doubling its R&D budget, while Exelixis increased its spending by 85%. These trends highlight the diverse strategies employed by biotech firms in their quest for groundbreaking therapies.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025