R&D Insights: How Teva Pharmaceutical Industries Limited and Amicus Therapeutics, Inc. Allocate Funds

R&D Spending Trends in Pharmaceuticals: Teva vs. Amicus

__timestampAmicus Therapeutics, Inc.Teva Pharmaceutical Industries Limited
Wednesday, January 1, 2014476240001488000000
Thursday, January 1, 2015769430001525000000
Friday, January 1, 20161047930002111000000
Sunday, January 1, 20171493100001848000000
Monday, January 1, 20182709020001213000000
Tuesday, January 1, 20192863780001010000000
Wednesday, January 1, 2020308443000997000000
Friday, January 1, 2021272049000967000000
Saturday, January 1, 2022276677000838000000
Sunday, January 1, 2023152381000953000000
Monday, January 1, 2024998000000
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Igniting the spark of knowledge

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, Teva Pharmaceutical Industries Limited and Amicus Therapeutics, Inc. have demonstrated contrasting approaches to R&D investment.

Teva's Consistent Commitment

Teva, a global leader, has consistently allocated substantial resources to R&D, peaking in 2016 with a 63% increase from 2014. However, recent years have seen a decline, with 2023 figures showing a 36% drop from their 2016 high.

Amicus's Steady Growth

Conversely, Amicus has shown a remarkable upward trend, with R&D expenses growing by over 500% from 2014 to 2020. Despite a slight dip in 2023, their commitment remains strong, reflecting a strategic focus on innovation.

These trends highlight the dynamic nature of R&D investment strategies in the pharmaceutical industry, where balancing innovation and financial sustainability is key.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025