R&D Insights: How GSK plc and Protagonist Therapeutics, Inc. Allocate Funds

GSK vs. Protagonist: R&D Spending Trends Unveiled

__timestampGSK plcProtagonist Therapeutics, Inc.
Wednesday, January 1, 201434500000007459000
Thursday, January 1, 2015356000000011831000
Friday, January 1, 2016362800000025705000
Sunday, January 1, 2017447600000046181000
Monday, January 1, 2018389300000059497000
Tuesday, January 1, 2019456800000065003000
Wednesday, January 1, 2020509800000074506000
Friday, January 1, 20215278000000126006000
Saturday, January 1, 20225488000000126215000
Sunday, January 1, 20236223000000120161000
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Unleashing insights

R&D Spending: A Tale of Two Companies

In the ever-evolving landscape of pharmaceuticals, research and development (R&D) is the lifeblood of innovation. Over the past decade, GSK plc and Protagonist Therapeutics, Inc. have demonstrated contrasting approaches to R&D investment.

GSK plc: A Steady Climb

From 2014 to 2023, GSK plc has consistently increased its R&D spending, with a notable 80% rise from 2014 to 2023. This strategic investment underscores GSK's commitment to maintaining its competitive edge in the global market.

Protagonist Therapeutics, Inc.: A Rapid Ascent

In contrast, Protagonist Therapeutics, Inc. has shown a remarkable growth trajectory, with R&D expenses surging by over 1,500% during the same period. This rapid increase highlights the company's aggressive pursuit of innovation and expansion in the biotech sector.

Both companies exemplify the diverse strategies in R&D allocation, reflecting their unique positions and ambitions within the pharmaceutical industry.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025